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Asia-Pacific News


  • China as World’s Biggest Economy? Not So Fast Friday, 10 May 2013 | 1:52 AM ET

    China's fast-growing economy has been forecast to overtake the U.S. as the world's biggest economy as early as 2016, but economists now say this is unlikely to happen.

  • Asia's Mobile Revolution Turns Business on Its Head Friday, 10 May 2013 | 12:18 AM ET

    Is it possible that Asia will be the first region to build a truly mobile business environment? I would be surprised if this doesn't happen, says this expert.

  • Asia's Richest Entrepreneurs Friday, 10 May 2013 | 12:00 AM ET

    We look at Asia's 10 richest first-generation businessmen. Find out who these self-made billionaires are and how they made their money.

  • Not Our 'Currency War': New Zealand Finance Minister Thursday, 9 May 2013 | 11:42 PM ET

    The Deputy Prime Minister of New Zealand dismissed claims on Friday that his country is taking part in a global currency war, despite recent steps to temper strength in its domestic currency.

  • Chinese Filmmaker Probed for Fathering 7 Children Thursday, 9 May 2013 | 10:56 PM ET
    Chinese film director Zhang Yimou

    Family planning officials are examining a Chinese filmmaker that has fathered up to seven children with four women. If found guilty, he could be fined nearly $27 million. The New York Times reports.

  • Capital Flight From Japan: Yen Downfall Just the Start? Thursday, 9 May 2013 | 10:41 PM ET

    Data showing Japanese investors are looking for higher yields elsewhere is not good news for the yen.

  • Gangnam’s Estate Agents Desperate for New Tune Thursday, 9 May 2013 | 10:28 PM ET
    Gangnam Style

    Eumhouse, a real estate agency in Seoul's wealthy Gangnam district, has seen a recent uptick in inquiries after two years of slow business. But the outlook remains downbeat. The Financial Times reports.

  • Dan Loeb Sees a 'Huge Game Change' in Japan Thursday, 9 May 2013 | 9:05 PM ET
    Daniel Loeb, founder and chief executive officer of Third Point LLC

    Aggressive fiscal and monetary policy present huge investment opportunities in Japan, says hedge fund manager Dan Loeb.

  • G7 Looks to Central Banks to Prop Up Growth Thursday, 9 May 2013 | 8:35 PM ET

    Many of the world's most powerful finance chiefs will meet on Friday to discuss if central banks can do more to bolster a fragile global recovery.

  • Investors Continue to Move From Gold to Equities Thursday, 9 May 2013 | 4:55 PM ET

    Despite gold prices bouncing off their April lows, investors continue to pull money out of gold and plow it into equity funds as the stock market keeps climbing to new highs.

  • Dollar Hits 4-Year High, Piercing Key 100-Yen Mark Thursday, 9 May 2013 | 3:58 PM ET

    The dollar crossed the key 100-yen mark for the first time in four years Thursday and is expected to keep rising, with a year-end target of 105.

  • Why I’m Buying Facebook: Leon Cooperman Thursday, 9 May 2013 | 1:25 PM ET
    Leon Cooperman, chairman of Omega Advisors

    Investors are overlooking Facebook's potential at their own peril, Leon Cooperman of Omega Advisors said Thursday on CNBC.

  • China Is 'Core Curriculum': Schwarzman Thursday, 9 May 2013 | 10:44 AM ET

    Steve Schwarzman, co-founder of PE giant Blackstone, told CNBC he's starting a $300 million scholarship in China in hopes of defusing tensions between Beijing and the West.

  • Huawei's CEO Breaks Silence on US Cyberattacks Thursday, 9 May 2013 | 10:44 AM ET
    Ren Zhengfei (center) of Huawei Technologies

    Ren Zhengfei, founder and CEO of Huawei Technologies, defended the Chinese firm's stand on U.S. cybersecurity concerns when he spoke to the media for the first time on Thursday.

  • Hank Greenberg on China, Iran and Soviet 'Minders' Thursday, 9 May 2013 | 9:00 AM ET
    Hank Greenberg

    Hank Greenberg, the former head of insurance giant AIG, tells CNBC about building AIG from a small domestic insurance company into the mammoth global player that it became.

  • Forget Software, Hardware Is Next Big Tech Trend Thursday, 9 May 2013 | 8:01 AM ET

    Hardware startups are on the rise and are getting serious attention from venture capitalists looking to place bets.

  • The Race to Cut Rates: Just Look What Japan Started Thursday, 9 May 2013 | 5:47 AM ET

    In a year that's supposed to be about rising interest rates, monetary policy seems to be moving in the opposite direction.

  • Was Australia's Central Bank Right to Cut Rates? Thursday, 9 May 2013 | 2:53 AM ET
    Shoppers in Bondi Beach in Sydney, Australia

    Australia's much better than expected jobs data on Thursday have many market watchers wondering if the Reserve Bank of Australia (RBA) did the right thing by cutting interest rates earlier this week.

  • Sony Posts Highest Annual Profit in Five Years Thursday, 9 May 2013 | 2:25 AM ET
    A Sony Corp. store

    Sony said it expects operating profit to hold steady in the year to next March after rising to its highest in five years last year.

  • China Inflation Data Show Central Bank's Dilemma Thursday, 9 May 2013 | 1:24 AM ET

    China's annual consumer inflation rose by more than expected in April while factory prices fell for a 14th consecutive month, highlighting the dilemma facing the central bank.

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Asia Video

  • European sharing economy can grow rapidly: ING

    Ian Bright, senior economist at ING, discusses the findings of ING's latest survey which revealed that the sharing economy is poised for rapid growth in Europe.

  • What a 'Yes' vote means for Greece

    Richard Champion, deputy CIO at Canaccord Genuity Wealth Management, says Greece will see further instability in the short to medium term if the "Yes" camp wins Sunday's referendum.

  • A 'No' vote doesn't mean a 'Grexit': StanChart

    Manpreet Gill, senior investment strategist at Standard Chartered, says a "No" vote in Sunday's referendum will give Prime Minister Alexis Tsipras more bargaining power, but it doesn't necessarily means a "Grexit."