Asia-Pacific News


  • Are Markets Too Complacent Over Cyprus? Friday, 22 Mar 2013 | 2:01 AM ET
    Cypriot protestors

    Markets have held up relatively well this week in the face of financial turmoil in Cyprus, prompting some analysts to warn that investors are too complacent about the risks.

  • Hong Kong Rugby Sevens: HSBC's Bizarre Findings Friday, 22 Mar 2013 | 1:07 AM ET

    HSBC takes a stab at wacky correlations between the performance of the 28 teams taking part in Hong Kong's most celebrated annual three-day sporting event, the Hong Kong Rugby Sevens, and economic trends.

  • Dealer Cheating Causes Havoc at Volvo's China Unit Thursday, 21 Mar 2013 | 11:54 PM ET
    We’ll Watch Global Economy Closely: Volvo CEO

    Swedish auto maker Volvo has uncovered widespread cheating by its car dealers in China, where retailers inflated sales to win cash rebates from the company.

  • Is China Taking Lessons From the Spin Doctors? Thursday, 21 Mar 2013 | 11:04 PM ET

    From what the world has seen so far of China's new leaders, Xi Jinping and Li Keqiang have learnt a thing or two from Western spin-doctors. During his first annual press conference as premier last Sunday, Mr Li's words and demeanor were carefully crafted to present him as a peasant boy done good. The Financial Times reports.

  • China Still the World's Best Real Estate Market: Pro Thursday, 21 Mar 2013 | 10:35 PM ET

    Don't let fears of a housing bubble stop you from investing in Chinese real estate, one expert tells CNBC, adding that China remains one of the world's most attractive property markets.

  • Why Li & Fung Shares Are Rallying   Thursday, 21 Mar 2013 | 10:33 PM ET
    Why Li & Fung is Bucking Hong Kong Weakness

    Shares of the world's largest supplier of clothes and toys to retailers, Li & Fung, rallied 4 percent despite posting a lower operating profit. Jackson Wong of Tanrich Securities explains why.

  • More Than Easing Needed to Make Tokyo Stocks a Buy   Thursday, 21 Mar 2013 | 9:15 PM ET
    Buying Tokyo Stocks Will Take More Than Easing

    Eric Sprott, CEO at Sprott Asset Management explains why promises of money printing by the Bank of Japan's new leadership isn't enough reason to buy Japanese stocks.

  • From Russia With Love: China's Xi Visits Moscow Thursday, 21 Mar 2013 | 8:21 PM ET

    China's new leader Xi Jinping arrives in Russia on Friday for his first overseas trip, with an elusive gas deal expected to be high on the agenda.

  • Is There Room for the New BlackBerry Z10? Thursday, 21 Mar 2013 | 7:21 PM ET
    BlackBerry introduces its new smartphone, Z10.

    The BlackBerry Z10 hits store shelves Friday and there's a lot at stake for the company. But with the Android and iPhone -- is there even room for the new BlackBerry?

  • BOJ's New Head Vows All to Hit Inflation Target Thursday, 21 Mar 2013 | 7:21 PM ET
    Bank Of Japan New Governor Haruhiko Kuroda

    The new governor of the Bank of Japan says the central bank is ready to use all means available, including buying longer-term assets, to achieve its 2 percent inflation target.

  • YouTube Reaches 1 Billion Users Milestone Thursday, 21 Mar 2013 | 2:18 AM ET
    Google, which owns Youtube, is considering a plan to sell cablelike services via the Internet.

    Google's YouTube said the number of unique users visiting the video-sharing website every month has reached 1 billion.

  • Cyprus a Sign World Is 'Not Better': StanChart CEO Thursday, 21 Mar 2013 | 12:31 AM ET

    The Cyprus bailout chaos serves as a stark reminder that fundamental issues in the world economy are not yet fixed, said CEO of Standard Chartered Bank Peter Sands.

  • Australia’s Prime Minister Wins Leadership Vote Thursday, 21 Mar 2013 | 12:08 AM ET
    Prime Minister of Australia Julia Gillard with former Prime Minister Kevin Rudd in the background.

    Australia’s Prime Minister Julia Gillard won a leadership contest on Thursday unopposed, although analysts said vote was unlikely to end damaging internal divisions with a risk that elections scheduled for September may have to be held earlier.

  • China Needs 'High Standards' to Join TPP, US Says Wednesday, 20 Mar 2013 | 11:31 PM ET
    West Coast Wrap: Port of Los Angeles

    China has to meet high standards if it wants to join the U.S.-led trade negotiations with Asia Pacific economies, Trade Representative Demetrios Marantis told CNBC.

  • World's Top Maker of Solar Panels Nears Insolvency Wednesday, 20 Mar 2013 | 11:02 PM ET

    A group of Suntech Power lenders want the Chinese solar panel maker's main unit declared insolvent, a sign Beijing is losing support for the industry.

  • South Korea: Chinese Address Source of Cyberattack Wednesday, 20 Mar 2013 | 10:24 PM ET
    Cheonggyecheon Stream runs through an urban park in Seoul.

    A Chinese Internet address was the source of a cyberattack on one of the South Korean companies hit in a massive computer shutdown that affected five other banks or companies, initial findings indicated Thursday. The Associated Press reports.

  • North Korea Military Threatens US Bases as Targets Wednesday, 20 Mar 2013 | 10:24 PM ET

    North Korea's supreme military command said on Thursday its "precision attack" weapons have U.S. navy bases in Guam and Okinawa in their sights and will attack them if it is provoked.

  • China HSBC Flash PMI Up in March After Holiday Dip Wednesday, 20 Mar 2013 | 9:49 PM ET

    Growth in China's vast manufacturing sector picked up in March, a preliminary survey of factory managers showed, recovering from a holiday-driven dip the month before but still short of January's strong performance.

  • Is New BOJ Governor About to Deliver Bold Action? Wednesday, 20 Mar 2013 | 9:19 PM ET
    Bank of Japan Governor Haruhiko Kuroda

    Haruhiko Kuroda, the new Bank of Japan Governor, holds his first press conference on Thursday, with media reports suggesting he will use the opportunity to unveil a major departure in monetary policy.

  • Chinese Premier Pressed by Lew on Cyber Spying Wednesday, 20 Mar 2013 | 9:14 PM ET
    Treasury's Lew: 'Not Worried Now' About Stock 'Bubble'

    The newly appointed U.S. Treasury secretary "pressed hard" in meetings with Chinese leaders over alleged Chinese cyber attacks aimed at stealing commercial secrets from American companies, according to U.S. officials. The Financial Times reports.

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