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Asia-Pacific News


  • Getting Australia's Budget Back to the Black Tuesday, 14 May 2013 | 6:07 PM ET
    Getting Australia's Budget Back to the Black

    Australia's Labor government delayed its promise to return the country to a budget surplus. CNBC's Matthew Taylor reports live from Canberra.

  • It's a 'My Cousin Vinny' Market: Tepper Tuesday, 14 May 2013 | 9:35 AM ET
    David Tepper, President and Founder of Appaloosa Management

    Hedge fund titan David Tepper said he's still bullish on stocks and investors shouldn't worry about the Fed tapering its massive bond-buying program.

  • BlackBerry CEO Heins Unveils New Mid-Tier Phone Tuesday, 14 May 2013 | 8:56 AM ET
    Blackberry launches their new Q5 smartphone.

    BlackBerry unveiled a new mid-tier smartphone device with a physical keyboard and said its make-or-break new devices had put the company back on "solid ground."

  • Australia Delays Budget Surplus as Election Looms Tuesday, 14 May 2013 | 5:39 AM ET
    Sydney, Australia.

    Australia's Labor government on Tuesday used the last budget before national elections to delay a long-promised return to surplus, blaming a stubbornly high Australian dollar and lower commodity prices for a dramatic fall in revenues.

  • India's headline inflation, which eased to its lowest level since 2009 in April, was cheered by economists who believe the doors are now open for greater support by the country's central bank.

  • This Is Now the World's Most Volatile Bond Market Tuesday, 14 May 2013 | 3:03 AM ET

    Japan's radical monetary policies has created the most volatile government bond market in the world, analysts say.

  • Japan's Sharp Forecasts Return to Profit in 2014 Tuesday, 14 May 2013 | 2:23 AM ET

    Sharp said it expects to rebound to an operating profit in the year to March 31 as it battles to remain viable after averting failure last year.

  • Hedge Fund Manager Loeb Targets Sony for a Breakup Tuesday, 14 May 2013 | 2:21 AM ET

    American hedge fund billionaire Dan Loeb, known for starting big fights, has called for a breakup of Sony. The New York Times reports.

  • Australia's Budget Brings Day of Reckoning Tuesday, 14 May 2013 | 12:35 AM ET
    Australian Treasurer  Wayne Swan

    Australia's government is expected to unveil a big budget deficit when it delivers its federal budget later on Tuesday.

  • Relax, India's Massive Gold Imports Likely a One-Off Tuesday, 14 May 2013 | 12:12 AM ET

    Gold imports into the world's largest consumer of the precious metal surged 138 percent in April, widening the already ballooning current account and trade deficits. But, economists say this could be a one-off.

  • Is China Really Mulling a Lower Growth Forecast? Monday, 13 May 2013 | 11:31 PM ET

    According to local media reports, China could lower its official growth forecast to 7 percent next year – a move that suggests Beijing is growing more comfortable with slower pace of growth.

  • The Aussie Dollar Is Only Taking a Breather: Chartist Monday, 13 May 2013 | 10:30 PM ET

    The fall of the Aussie below parity against the U.S. dollar may not be the start of a downtrend for this resilient currency.

  • Li Ka-shing Cancels Sale of Hotel Units in Hong Kong Monday, 13 May 2013 | 10:28 PM ET

    Property conglomerate Cheung Kong said on Monday it will cancel sales of hotel units at a Hong Kong project after regulators ruled the deals were unauthorized investments.

  • American Found Dead in Singapore Surfed Suicide Sites Monday, 13 May 2013 | 10:12 PM ET
    Why the Worst Is Over for Singapore's Economy

    A young U.S. engineer found dead in his Singapore flat last year had accessed several websites on suicide and depression, a lawyer for the city state said. The Financial Times reports.

  • What to Expect From Australia's Budget Monday, 13 May 2013 | 7:11 PM ET
    What to Expect From Australia's Budget

    As markets await Treasurer Wayne Swan to unveil the country's budget later on Tuesday, CNBC's Matthew Taylor investigates why its unlikely for the government to deliver a surplus this year.

  • More Bloomberg Muddle: 10,000 Messages Leaked Monday, 13 May 2013 | 5:14 PM ET

    Thousands of private messages sent between users of Bloomberg's financial terminals have leaked online.

  • Jack Lew's 'Gamble' on Japan Monday, 13 May 2013 | 11:35 AM ET
    Jack Lew's 'Gamble' on Japan

    The Treasury's strategy seems to be that the U.S. economy is strong enough to withstand whatever negative impacts that may come from a stronger dollar against the yen, reports CNBC's Steve Liesman.

  • Retailers Sign Bangladesh Factory Safety Agreement Monday, 13 May 2013 | 10:23 AM ET

    The world's two biggest fashion retailers backed an accord aimed at preventing a repeat of last month's collapse of a Bangladesh factory building.

  • 'Cauldron' of Bad Luck Derails Nuclear Power Monday, 13 May 2013 | 8:57 AM ET
    The North Anna Power Station, operated by Dominion Energy, in Mineral, Va.

    Everything seems to have gone wrong for the nuclear industry, which a few years ago was seen as a potential competitor to fossil fuels and was gearing up for a renaissance.

  • New Range Emerges for Gold Monday, 13 May 2013 | 8:41 AM ET

    As gold faces pressure, Rich Ilczyszyn reveals the new levels that will matter to the market.

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