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Asia-Pacific News


  • Why Apple's Iron Grip on Accessories Is Slipping Sunday, 5 May 2013 | 7:07 PM ET

    Manufacturers are gravitating toward wireless connections for Apple’s products, which is helping the market for competitors’ mobile devices.

  • Hong Kong's IPO Market Heats Up With 2 Huge Deals Sunday, 5 May 2013 | 3:26 PM ET
    Hong Kong Stock Exchange

    A unit of Sinopec Group and brokerage China Galaxy Securities are launching Hong Kong IPOs on Monday seeking to raise up to $3.5 billion in total, injecting life into Asia's moribund IPO markets.

  • How the Yen Could Push Japan Back to Nuclear Energy Sunday, 5 May 2013 | 9:41 AM ET
    Fukushima Dai-Ichi nuclear power plant in Okuma, Fukushima Prefecture, Japan

    Japan's monetary policy and its sliding currency may have an unintended side-effect: pushing the country back into the embrace of nuclear technology.

  • Facebook earnings had the Street talking social media and mobile in tech this week. But investors may not want to ignore Microsoft, say analysts.

  • Stalemated World Trade Body Close to New Leader Sunday, 5 May 2013 | 6:11 AM ET
    A silhouette of an official is seen with a logo of the World Trade Organization (WTO) as background at the Trade organisation headquarters in Geneva.

    On Wednesday, the WTO will decide whether an insider or an outsider will break the deadlock in global trade talks.

  • Ferguson: Sorry for 'Stupid' Remarks Sunday, 5 May 2013 | 5:22 AM ET
    Harvard historian Niall Ferguson

    Harvard historian Niall Ferguson apologized for "stupid" remarks he made about economist John Maynard Keynes, which evoked a firestorm.

  • Bangladesh Urges No Harsh EU Measures Over Deaths Saturday, 4 May 2013 | 3:44 PM ET
    Rescuers at the scene after the Bangladesh building collapse in April.

    Bangladesh urged the European Union not to take tough measures against its textile industry after a factory collapse that killed 550 people.

  • Rat Meat: China Digests New Food Scandal Friday, 3 May 2013 | 11:45 AM ET

    Chinese police have broken up a criminal ring accused of taking meat from rats and foxes and selling it as lamb in the country's latest food safety scandal.

  • Whiff of Currency War 'A Little More Pungent': Pro Friday, 3 May 2013 | 4:53 AM ET
    Mario Draghi, President of the European Central Bank

    Currency war rhetoric, left for dead after the G-20 summit last month, could resurface as another major central bank eases monetary policy, pummeling its currency lower, one analyst said.

  • More India Rate Cuts Ahead, No Matter What RBI Says Friday, 3 May 2013 | 4:28 AM ET
    Reserve Bank of India (RBI) headquarters in Mumbai

    India's central bank has said that further monetary easing would be difficult, economists beg to differ.

  • Yuan Surge Shows China Confident About Economy Friday, 3 May 2013 | 3:09 AM ET

    A record high yuan in the face of recent road bumps in China's economy is testament that Beijing remains confident in the health of the world's second largest economy.

  • Rubber Ducky, You’re the One Friday, 3 May 2013 | 3:06 AM ET
    Florentijin Hofman's 16.5-meter tall inflatable Rubber Duck called 'Spreading Joy Around the World' seen at the Victoria Harbour in Hong Kong.

    Dutch artist Florentijin Hofman's RUBBER DUCK sailed into Hong Kong's harbor on Thursday. CNBCs Bernie Lo gives his views on the 1.65-meter floating installation.

  • India Cuts Rates by 0.25%, More Easing Difficult Friday, 3 May 2013 | 1:56 AM ET

    India's central bank cut its policy interest rate by 25 basis points on Friday for the third time since January, as expected, but said there is little room to ease monetary policy further.

  • Ikea.jpg

    India's Cabinet Committee on Economic Affairs (CCEA) cleared on Thursday a 1.5 billion euro ($1.98 billion) investment plan by IKEA.

  • Philippines Gets S&P Upgrade, Second After Fitch Thursday, 2 May 2013 | 11:37 PM ET

    Standard & Poor's raised the Philippines' credit rating to investment grade on Thursday, the second debt agency to do so in less than two months.

  • Australia's Macquarie Earnings Beat, Shares Soar Thursday, 2 May 2013 | 10:41 PM ET
    Macquarie Group headquarters in Sydney, Australia

    Australia's top investment bank, beat forecasts as cost cutting and strength in its annuity-style businesses offset lingering weakness in capital markets.

  • More Weakness in China—Services Sector Slows Thursday, 2 May 2013 | 10:37 PM ET

    Expansion in China's services sector slowed in April, in line with slower factory activity and reinforcing views that recovery in the world's second-largest economy remains modest.

  • Copper’s Bounce: It All Hinges on China Thursday, 2 May 2013 | 9:27 PM ET

    Analysts warn that the recovery in copper prices - which bounced back after suffering their biggest one-day loss in over a year on Wednesday - could struggle to sustain gains if China continues to show slowing economic momentum.

  • Australia's Third-Largest Lender Beats in Earnings Thursday, 2 May 2013 | 8:09 PM ET

    Westpac, Australia's third-largest lender, posted a forecast-beating half-year profit on Friday, rewarding investors with a special dividend.

  • China's Star Financier Launches $2 Billion Fund Thursday, 2 May 2013 | 7:23 PM ET

    China's most prominent and politically connected financier is raising a new $2 billion -$2.5 billion fund for investments in China and abroad. The Financial Times reports.

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