Asia-Pacific News


  • In Myanmar, Clunkers Make Way for Chinese Mini-Cars Tuesday, 19 Jun 2012 | 3:37 PM ET
    Workers assemble one of the many car models at Chinese carmaker's Chery Automobile plant.

    As Myanmar continues to remake itself anew, the country’s perplexing and outmoded laws of commerce are beginning to become more sensible. Among the more confounding laws govern car sales.

  • Markets Across Europe Close Higher     Tuesday, 19 Jun 2012 | 11:30 AM ET

    CNBC's Simon Hobbs reports on Europe's trading day, including a record "euro-era" yield at the Spanish bond auction and a look at the impact on U.S. markets, with CNBC's Courtney Reagan.

  • Hong Kong's Rich-Poor Divide Widens as Population Ages Tuesday, 19 Jun 2012 | 10:27 AM ET
    Hong Kong skyline

    The wealth gap is widening in Hong Kong, according to new data from the city's Census and Statistics Department as the population ages rapidly and industries decline.

  • China Stocks Set to Tread Water Ahead of Holiday Tuesday, 19 Jun 2012 | 10:09 AM ET

    The Chinese market is expected to trade cautiously ahead of the long weekend — markets will be closed on Friday for the Dragon Boat Festival.

  • Charting Asia | Euro Stoxx 50 Monday, 18 Jun 2012 | 11:18 PM ET
  • South East Asia Valuations Attractive     Monday, 18 Jun 2012 | 8:10 PM ET

    Catherine Yeung, Investment Director, Fidelity Worldwide Investment says stocks in Southeast Asia remain attractive because valuations are low and yields are high.

  • China Stocks Set to Drift on Policy Inaction Monday, 18 Jun 2012 | 7:33 PM ET

    The Chinese market may continue its sleepy trading seen in the past few weeks, due to the absence of major policy announcements.

  • Automakers Race to Embrace the Wired Car Monday, 18 Jun 2012 | 1:40 PM ET

    In the tug of war between packing more technology into cars and making sure what we’re driving is not “too wired,” it is more clear than ever that the future of the auto industry is tied to the future of the tech industry.

  • Forget China’s bilateral exchange-rate regime with the dollar, it’s a Chinese government policy of value-added tax adjustments that has been boosting China’s exports, according to a university Professor.

  • Denmark Warns Over Pressure On Krone Monday, 18 Jun 2012 | 2:20 AM ET

    The head of Denmark’s central bank has warned that the Danish krone is coming under intense pressure from investors seeking a haven in Europe and betting that the currency’s peg to the euro could be cracked by the crisis. The FT reports.

  • Ayaz Ebrahim, Chief Investment Officer, Amundi says Asian valuations are rarely this cheap and the probability of making absolute returns over a 12-month period is over 90%.

  • RBI to Cut Both Interest Rates, CRR     Sunday, 17 Jun 2012 | 8:44 PM ET

    Manoj Vohra, Director, Custom Research, Asia Pacific, Economist Intelligence Unit, says India has limited fiscal space to maneuver and that the onus to boost growth rests on the Reserve Bank of India. The central bank is unlikely to sit on its hands, he adds.

  • Used Car Prices Starting to Fall Friday, 15 Jun 2012 | 11:41 AM ET

    After three years with used car prices surging to levels where it often made more sense to buy new instead of used, the price pendulum for pre-owned cars is swinging the other way.

  • ‘BlackRock Envy’ Replaces Goldman Allure Thursday, 14 Jun 2012 | 7:08 PM ET
    BlackRock's headquarters in New York.

    Six years ago, Wall Street and the City of London were consumed with “Goldman envy”. But that seems to be changing. The FT reports.

  • Jet Engine Makers Losing Power Thursday, 14 Jun 2012 | 5:51 PM ET
    The engine of the Airbus A380 at the Airbus plant in Hamburg on October 30, 2009.

    United Technologies’ CFO said the Pratt & Whitney division is seeing weak jet engine parts sales, attributing the weakness to airlines conserving cash. And GE's Aviation divison is seeing softness in the market.

  • Saab Lives On, at Least in China Wednesday, 13 Jun 2012 | 11:24 AM ET

    Saab, a brand once considered a leading player in the near luxury auto market, is getting a new lease on life.

  • India-US Relationship Gone 'Gangbusters'     Tuesday, 12 Jun 2012 | 8:20 PM ET

    Evan Feigenbaum, Adjunct Senior Fellow for East, Central, and South Asia, Council on Foreign Relations says that India-U.S. relationship has gone 'gangbusters', as trade between the 2 nations reach $100 bn.

  • The Best New Markets for Retailers Will Surprise You Tuesday, 12 Jun 2012 | 2:35 PM ET
    Stores are seen surrounding an atrium inside the Dubai Mall.

    With anemic growth in the U.S. and Europe, retailers are increasingly turning to less developed and smaller markets for their expansion, according to an A.T. Kearney report.

  • GM Shareholders Ask, Where Are the Profits? Tuesday, 12 Jun 2012 | 11:56 AM ET
    Dan Akerson, chief executive officer of General Motors Co.

    One comment from one frustrated and disappointed General Motors shareholder at the company's annual meeting sums up how many GM investors feel.

  • China Investors Look for Signs Economy Is Bottoming Tuesday, 12 Jun 2012 | 10:14 AM ET

    The Chinese market is likely to trade indecisively in the short term, as investors wait for policy catalysts and for signs the Chinese economy has bottomed out.

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