Asia-Pacific News


  • Zhengzhou Coal Tumbles in HK Debut, Bodes Ill for PICC Tuesday, 4 Dec 2012 | 10:25 PM ET

    Zhengzhou Coal Mining shares tumble in its Hong Kong debut, negatively affecting the underwriters of the $300 million offering, underscoring reduced appetite for new IPOs.

  • China's Services Sector Growth Slows in November Tuesday, 4 Dec 2012 | 9:09 PM ET

    Growth in China's services sector slowed in November as lackluster growth in new orders and a surge of work backlogs.

  • Samsung Promotes Chairman's Son and Heir Tuesday, 4 Dec 2012 | 8:09 PM ET

    Samsung Electronics pushed the anointed heir of the company Chairman closer to the top job on Wednesday.

  • Trouble Ahead for Australia's Economy Tuesday, 4 Dec 2012 | 7:48 PM ET

    Australia's resource-blessed economy grew a moderate 0.5 percent last quarter thanks to a fresh burst of business investment, but lower export revenues, government cutbacks and a cresting mining boom mean tougher times may lie ahead.

  • Japan's Universal Entertainment on Tuesday sued Thomson Reuters for defamation over news articles relating to payments Universal made to an ex-consultant to the Philippine gaming authority.

  • Where Commodities Are Going in 2013 Tuesday, 4 Dec 2012 | 11:54 AM ET

    Gold, grains and palladium on upswing.

  • Wii U Will Be a Game Changer: GameStop CEO Tuesday, 4 Dec 2012 | 11:50 AM ET

    GameStop is taking share and should benefit from the emerging game console cycle as the launch of the Nintendo Wii U leads to another wave of innovation, said CEO Paul Raines.

  • Why Subaru Is Outpacing the US Auto Industry Tuesday, 4 Dec 2012 | 11:44 AM ET
    2012 Subaru Tribeca

    Subaru has sold more than 300,000 cars in the U.S. this year for the first time in its history, Thomas Doll, Subaru of America COO, told CNBC's "Squawk on the Street" on Tuesday.

  • Asia: Military Might and Bankruptcy Tuesday, 4 Dec 2012 | 8:08 AM ET

    Which Asian countries will top headlines?

  • Japan’s Warning Signal to the West Tuesday, 4 Dec 2012 | 4:50 AM ET
    Tokyo, Japan

    Governments and economists from elsewhere in the developed world are looking East for a clue to the long-term consequences of loose monetary policy.

  • Qualcomm will invest as much as $120 million in Sharp, a cash injection likely to make it the struggling Japanese TV maker's biggest shareholder.

  • What Will the Aussie Central Bank Do Next? Tuesday, 4 Dec 2012 | 1:37 AM ET

    In line with expectations, the Reserve Bank of Australia (RBA) delivered a 25 basis point rate cut on Tuesday, taking the benchmark interest rate to 3 percent - its lowest level since 2009. However, analysts remain divided on whether the central bank will push rates even lower next year.

  • Is Asia’s Hot Spot for Investment Under Threat? Tuesday, 4 Dec 2012 | 1:21 AM ET

    Southeast Asia's largest economy is going to implement double-digit wage hikes next year which raises the question – Is the country's position as a hot spot for foreign investment under threat.

  • Olam Fund-Raising a 'Bailout': Muddy Waters Monday, 3 Dec 2012 | 10:38 PM ET
    Olam's CEO Sunny Verghese

    Muddy Waters Research characterized Olam's $1.25 billion fund-raising plan as a "sovereign bailout" since it is backed by Singapore state investor Temasek.

  • oil drilling in the south China Seas

    India has declared itself ready to deploy naval vessels to the South China Sea to protect its oil-exploration interests there, a potential new escalation of tensions in a disputed area where fears of armed conflict have been growing steadily.

  • ADM Ups Pressure on GrainCorp With $2.9 Billion Bid Monday, 3 Dec 2012 | 9:02 PM ET

    U.S. agribusiness giant Archer Daniels Midland tightened its grip on GrainCorp, hiking its bid to $2.9 billion, but may need to offer more to win over Australia's last major independent grains handler.

  • The World's Best Places to Live Monday, 3 Dec 2012 | 8:14 PM ET
    Zurich, Switzerland

    Is there a city that is crime and pollution free with excellent transportation and great schools? Find out where the best quality of life is.

  • Thai Life Explores $500 Million Stake Sale Monday, 3 Dec 2012 | 6:36 PM ET
    Lak Meuang (City Pillar) in downtown Bangkok, Thailand.

    Thai Life Insurance may sell a stake of at least 20 percent, sources said, in a deal that could value the country's No. 2 life insurer at $2.5 billion and mark the third auction in the domestic sector within a year.

  • Why China-Related Stocks Are Looking Like Bargains Monday, 3 Dec 2012 | 2:15 PM ET
    Investors watch the electronic board at a stock exchange hall in Huaibei, China.

    Bullishness towards China is coming less from a feeling that things are getting back to normal and more from a simple valuation call.

  • Toyota Venza

    Toyota Motor's sales in China remained sluggish in November, highlighting the lingering impact of a territorial row, which triggered a slump in Japanese-brand car sales.

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