Asia-Pacific News


  • No US-Style Housing Crash in China: JPMorgan Wednesday, 6 Mar 2013 | 9:51 PM ET

    China's property sector is not headed for a U.S. style crash, said Fang Fang, chief executive officer for China investment banking at JPMorgan Chase.

  • Malaysian casino operator Genting envisions red and gold pagodas and a panda exhibit on the 87-acre plot of Las Vegas land it bought this week, a new gambling playground for rich Chinese.

  • Japan’s New Leader Dares to Challenge Old Order Wednesday, 6 Mar 2013 | 7:51 PM ET
    Japanese Prime Minister Shinzo Abe.

    Just two months into office, Prime Minister Shinzo Abe is showing an increasing willingness to take on some pillars of Japan's establishment in an aggressive attempt to finally breathe some new life into Japan's listless economy. The New York Times reports.

  • Bank of Japan Holds Fire, Braces for New Leadership Wednesday, 6 Mar 2013 | 6:52 PM ET
    Bank of Japan headquarters in Tokyo, Japan

    The Bank of Japan kept monetary policy unchanged and upgraded its assessment of the economy, as the central bank prepares to install a new governor and two new deputy governors tasked with doing more to end deflation.

  • Best Way Around China's Housing Tax? Get a Divorce   Wednesday, 6 Mar 2013 | 6:22 PM ET

    Chinese have been scrambling for ways to get around the new housing tax, including, getting a divorce.

  • World’s Most Expensive Real Estate Markets Wednesday, 6 Mar 2013 | 12:24 PM ET

    We've put together a list of 2012's most expensive property markets, based on research by luxury estate agent Knight Frank, ranking areas by both average property prices for the year, and price per square foot in the fourth quarter.

  • Samsung Is Investing in a Key Apple Supplier Wednesday, 6 Mar 2013 | 10:00 AM ET

    Samsung, with a $110 million investment in cash-strapped Sharp, will broaden its supplier base and get a foot in the door at one of Apple key Asian display suppliers.

  • Toyota Shuffles Bosses, Wants 'Everyone in Charge' Wednesday, 6 Mar 2013 | 5:43 AM ET

    Toyota will reshuffle its top bosses and take the axe to its decision making structure, part of a move to put lower-ranked workers in day-to-day command as it seeks faster responses to market changes, the firm said on Wednesday.

  • South Korea: We'll Strike Back If North Attacks Wednesday, 6 Mar 2013 | 4:02 AM ET
    A South Korean army 155 mm howitzer fires in a live fire drill during the annual exercise in Paju, south of the demilitarized zone that divides the two Koreas, South Korea, Friday, Sept. 21, 2012. (AP Photo/Yonhap, Lim Byung-shick)  KOREA OUT

    South Korea's military said it will strike back at North Korea and target its top leadership if Pyongyang launches a threatened attack in response to drills between U.S. and South Korean forces.

  • Sharp Gets Lifeline From Samsung, Shares Soar Wednesday, 6 Mar 2013 | 2:23 AM ET

    Samsung Electronics is set to invest about $110 million in struggling Sharp, a deal that will ensure it a smooth supply of large-sized TV panels and help bolster the Japanese company's chances of survival.

  • China's Planners Push Urbanization as Main Growth Driver Wednesday, 6 Mar 2013 | 12:31 AM ET
    china construction.jpg

    China's planned urbanization drive will be main engine of growth for domestic economic activity in the years ahead, giving the government scope to boost domestic demand and infrastructure investment.

  • StanChart Asia CEO: Focus on Banker Bonuses 'Unfair' Tuesday, 5 Mar 2013 | 11:31 PM ET
    britain standard chartered-2014397571_v2.jpg

    Fresh regulations on banker bonuses is a risk for Standard Chartered, warned CEO of the bank's Asia division, Jaspal Bindra, who said an unfair amount of attention has been paid to the issue.

  • World's Most Expensive Car Market Just Got Pricier Tuesday, 5 Mar 2013 | 11:17 PM ET

    It's already home to some of the world's most expensive properties and considered one of the most costly places to live in. Now, this island state is also one of the priciest places to own a car.

  • Road to IPOs in China Remains Narrow and Murky Tuesday, 5 Mar 2013 | 11:08 PM ET

    China's IPO action has been locked in ice since October by China Securities Regulatory Commission (CSRC) officials intent on boosting investor confidence and improving scrutiny of stock market hopefuls.

  • China Is a 'Huge, Huge Trade': FTSE CEO Tuesday, 5 Mar 2013 | 11:02 PM ET

    Demand for financial products linked to China is on the rise and efforts by the world's second largest economy to further open its capital markets will add to their lure, said Mark Makepeace, CEO of global index provider FTSE Group.

  • Australia Extends Growth Run to 21 Years Tuesday, 5 Mar 2013 | 9:44 PM ET

    Australia's economy grew at a moderate pace last quarter as a long-awaited surge in resource exports helped offset softness elsewhere.

  • Did Kim Jong-un and His Wife Have a Baby? Tuesday, 5 Mar 2013 | 7:55 PM ET
    This file picture taken on July 6, 2012  shows North Korean leader Kim Jong Un, accompanied by a young woman Ri Sol-ju.

    North Korea's ruling dynasty could have its newest member. After months of speculation over whether Ri Sol-ju, Kim Jong-un's wife, was pregnant, there are now reports that the couple's first baby was born in secret. The Christian Science Monitor reports.

  • A Guide to Gifting in China   Tuesday, 5 Mar 2013 | 7:42 PM ET

    Asia Squawk Box anchors tell you how to offer presents in China without being called out for bribery.

  • Samsung's next smartphone may have some eye-catching new software.

  • Virgin America Airbus A319

    Virgin America and Singapore Airlines frequent fliers can now earn and redeem points or miles on each carrier in an expanded partnership.

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