Asia-Pacific News


  • Chinese Art Spend Shrank by a Quarter in 2012 Wednesday, 13 Mar 2013 | 9:34 PM ET

    Chinese spending on art and antiques shrank by nearly a quarter in 2012, ending a streak of spectacular growth that helped drive up global prices and made China the biggest player in the market by 2011.

  • Australia Employment Soars, Kills Rate Cut Hopes Wednesday, 13 Mar 2013 | 9:10 PM ET

    Australian employment soared by 71,500 in February, far above any forecast and the biggest increase in over a decade, the most compelling sign yet that low rates and rising asset prices are fueling an economic pick-up.

  • The Rise of the Apps  Wednesday, 13 Mar 2013 | 8:48 PM ET
    BlackBerry Z10 and iPhone 5 smartphones

    Revenue of global smartphone applications in 2012 totaled $15 billion, the size of Jamaica's GDP.

  • 'Abenomics' to Bring On Bigger Employee Bonuses Wednesday, 13 Mar 2013 | 8:27 PM ET

    Japanese exporters will hand out bigger bonuses for the next fiscal year as Prime Minister Shinzo Abe's policies drive the yen to multi-year lows, with Toyota Motors leading the way.

  • Can China Mobile Tap Into Apple Smartphone Demand? Wednesday, 13 Mar 2013 | 8:06 PM ET

    China Mobile hopes to tap pent-up demand for Apple smartphones by rolling out new 4G technology this year and having an iPhone model that will finally run on it.

  • GATA: Central Banks Are Manipulating the Gold Price  Wednesday, 13 Mar 2013 | 7:41 PM ET

    Chris Powell, Secretary at Gold Anti-Trust Action Committee, claims that Western central banks are manipulating gold markets in order to rig currency markets.

  • Can China's New President Deliver Reforms?  Wednesday, 13 Mar 2013 | 7:17 PM ET

    As China's new president Xi Jinping is officially voted into power, CNBC's Eunice Yoon takes a look at his path to reform.

  • Expect the New Samsung Galaxy to Look Familiar Wednesday, 13 Mar 2013 | 2:59 PM ET

    Don't expect a striking new look for Samsung's latest Galaxy smartphone. Here's what to look for on the inside.

  • Crumbling BRICs: Why You're Better Off Elsewhere Wednesday, 13 Mar 2013 | 1:04 PM ET

    Brazil, Russia, India and China have been seen as the collective pillar of emerging market growth. But signs indicate that investors are now looking elsewhere.

  • Apple vs. Samsung—Size Matters: Blodget Wednesday, 13 Mar 2013 | 10:27 AM ET
    People walk by the entrance to the Samsung Electronics Co. showroom at its headquarters in Seoul, South Korea, Friday, Aug. 31, 2012. The Tokyo District Court on Friday dismissed Apple Inc.'s claim that Samsung had infringed on its patent - the latest ruling in the global legal battle over smartphones that pits the two technology titans against each other. (AP Photo/Lee Jin-man)

    Apple may be "leapfrogged" on Thursday when Samsung unveils the next generation of its flagship Galaxy smartphone, Business Insider's Henry Blodget told CNBC.

  • China Central Bank Warns on Inflation, Pledges Reform Wednesday, 13 Mar 2013 | 9:11 AM ET

    China must stabilize inflation expectations, the head of the People's Bank of China said on Wednesday, vowing to vigilantly manage the risks of rising prices.

  • Cool Things Your Smartphone Will Soon Do Wednesday, 13 Mar 2013 | 7:22 AM ET
    Cooltra scooter as seen in the GSMA Connected City

    A phone that can make you coffee? Hitch you a ride? Here are 10 of the coolest things your smartphone will soon do.

  • Prudential: We Can Withstand Two Depressions Wednesday, 13 Mar 2013 | 4:23 AM ET
    A pedestrian passes the Prudential Plc company logo, on display outside the company's headquarters in London, U.K., on Wednesday, Aug. 3, 2011.

    The CEO of Britain's largest insurer told CNBC that continued strong profits and credit reserves would enable the company to withstand two severe depressions.

  • Investors Flee South Korea as War Threat Looms Wednesday, 13 Mar 2013 | 3:48 AM ET

    Increasing tensions with North Korea, a strengthening won versus the yen and weak economic growth - things are not looking great for South Korean equities, the second worst performing stock market in Asia this year.

  • Cathay Pacific's Second Half Profit Plunges 83% Wednesday, 13 Mar 2013 | 2:01 AM ET

    Cathay Pacific Airways, the world's largest international air cargo carrier, returned to profit in the second half of 2012 but still underperformed ending the year with a huge drop in full year net profit.

  • Think Gold Slump Is Bad? Bullion Stocks Way Worse Wednesday, 13 Mar 2013 | 1:56 AM ET

    While gold is down about 4 percent since the start of the year, this is just a small fraction of the losses seen in the shares of gold miners.

  • Android Tablet Shipments Will Top iPad This Year Wednesday, 13 Mar 2013 | 12:55 AM ET

    Shipments of tablets running Google's Android will overtake the iPad this year for the first time, the IDC predicted.

  • NAB Unveils Plan to Save $825 Million a Year Wednesday, 13 Mar 2013 | 12:27 AM ET

    National Australia Bank, Australia's largest bank by assets, said it would not engage in a "desperate fire sale" of its UK unit, as it announced restructuring plans to save up to A$800 million ($825 million) a year.

  • Singapore Police to Share Death Evidence With FBI Wednesday, 13 Mar 2013 | 12:03 AM ET

    Singapore's police have pledged to share with the FBI evidence they collected in the death of Shane Todd, an American engineer found hanged in his Singapore apartment in June, Singaporean foreign minister, K. Shanmugam, said on Tuesday.

  • Is AirAsia a Game Changer for Indian Aviation? Tuesday, 12 Mar 2013 | 11:37 PM ET
    Tony Fernandes, chief executive officer of AirAsia.

    While it might be some time before AirAsia starts flying in India, the near $15 million deal that gives the budget carrier a 49 percent stake in a new Indian airline is restoring confidence in the turbulent sector.

Contact Asia-Pacific News


    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.

Asia Video

  • The Reserve Bank of Australia indicates that it could put rates on hold for the time being and will only opt for further rate cuts, if necessary, says Sean Callow, senior currency strategist at Westpac.

  • Simon Grose-Hodge, head of Investment Advisory, South Asia at LGT Bank Singapore, says a diversification into non-IT plays makes for a stronger Nasdaq Composite.

  • Chris Lane, senior research analyst at Bernstein Research, explains why China Unicom could see a "sharp slowdown in" its mobile service revenue in the final quarter of 2014.