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Asia-Pacific News


  • iPhone 5S Coming Soon? Foxconn's Hiring: Report Monday, 15 Apr 2013 | 1:17 PM ET

    Foxconn, a key manufacturer of Apple's iPhone, ramped up its hiring of assembly-line workers recently, signaling the next iPhone may be coming soon.

  • Is India's Inflation Headache Finally Over? Monday, 15 Apr 2013 | 4:50 AM ET

    India's key inflation gauge eased to below 6 percent in March for the first time since 2009, a sign that the days of stubborn inflationary pressures may finally be behind Asia's third largest economy, said economists.

  • Has China's Economy Hit a ‘Dead End’? Monday, 15 Apr 2013 | 12:41 AM ET

    China's disappointing first quarter economic growth is leading to a loss of confidence in the outlook for the world's second largest economy.

  • Malaysia Needs to End Cronyism: Anwar Ibrahim Monday, 15 Apr 2013 | 12:16 AM ET
    anwar ibrahim.jpg

    Malaysia needs put an end to cronyism and support market reforms, opposition leader Anwar Ibrahim told CNBC on Monday.

  • World Bank Cuts China Growth Estimate Sunday, 14 Apr 2013 | 11:06 PM ET
    Beijing, China

    The World Bank on Monday scaled back slightly its 2013 growth forecasts for developing East Asia and warned about possible over-heating in the region's larger economies.

  • US, China Data Set Negative Tone for Oil Prices Sunday, 14 Apr 2013 | 10:22 PM ET
    Heat rises from stacks at the Chevron refinery in Richmond, California.

    Easing growth in China and pessimism about the U.S. recovery after a surprise 0.4 percent contraction in retail sales last month are likely to push oil prices lower, according to CNBC's latest survey.

  • Blank Check IPOs Bring Hope and Caution to Malaysia Sunday, 14 Apr 2013 | 7:43 PM ET
    Kuala Lumpur, Malaysia

    Malaysia's bull market is seeing a type of initial public offering, still fairly new to Asia: one with no profits, revenues or assets.

  • China's Bird Flu Death Toll Rises to 13 Sunday, 14 Apr 2013 | 7:56 AM ET
    A screen showing a seven-year-old girl, who has been infected with the H7N9 strain of bird flu, receiving medical treatment in the Beijing Ditan Hospital in Beijing on Saturday.

    Two people in the central Chinese province of Henan have been infected by a new strain of avian influenza, while the death toll has risen to 13 from a total of 60 infections after two more deaths in Shanghai.

  • Can China Sustain Growth That's Driven by Steroids? Sunday, 14 Apr 2013 | 12:00 AM ET

    China is due to release its first quarter growth figures Monday and expectations are high that they will confirm recovery is on track for the world's most populous nation. But how sustainable is this stimulus-backed rebound?

  • US Warns Japan Not to Hold Down the Yen Friday, 12 Apr 2013 | 5:24 PM ET

    The Obama administration warned Japan not to take measures to devalue the yen to gain a competitive advantage.

  • Infosys Shares Dive 20% on Poor Revenue Forecast Friday, 12 Apr 2013 | 2:44 AM ET

    Infosys, India's No. 2 IT services exporter, forecast lower revenue growth than analysts had expected for this fiscal year, citing a challenging global economy.

  • Housing Bubble in New Zealand Unnerves Central Bank Friday, 12 Apr 2013 | 12:42 AM ET
    Christchurch, New Zealand

    A surging New Zealand housing market that has sent prices to record levels is jangling nerves at the central bank, prompting warnings of asset bubbles.

  • Woodside Shelves $40 Billion Australia LNG Project Thursday, 11 Apr 2013 | 11:45 PM ET
    Liquifaction Plant

    Woodside Petroleum has shelved plans for its $40 billion Browse liquefied natural gas project in Western Australia, saying it will consider a floating LNG plant instead.

  • Bird Flu Returns, but China's Better Prepared: CEO Thursday, 11 Apr 2013 | 2:11 PM ET
    Authorities in China confirmed infections caused by the H7N9 flu strain found in chicken and duck samples in eastern China.

    China is handling an outbreak of bird flu much better than in the past, Sanofi CEO Chris Viehbacher told CNBC on Thursday.

  • BOJ Bazooka to Boost a Corner of Bond Market: Pro Thursday, 11 Apr 2013 | 4:33 AM ET

    The U.S. mortgage backed securities market could be one of the key beneficiaries of the surprise move by the Bank of Japan last week to embark on an aggressive monetary policy program, according to Deutsche Bank.

  • Why Bank of Korea Is Right Not to Cut Rates Thursday, 11 Apr 2013 | 12:26 AM ET

    The decision by South Korea's central bank to keep rates on hold may have surprised markets on Thursday, but analysts told CNBC the Bank of Korea was doing the right thing by keeping rates steady for the sixth straight month.

  • Ample Credit Triggers Surge in China Bank Lending Wednesday, 10 Apr 2013 | 10:44 PM ET

    Chinese banks made $171 billion of new local currency loans in March, central bank data showed on Thursday, well above market expectations and adding to evidence of an economic recovery being fueled by ample credit.

  • Japan Machinery Orders Clock Fastest Rise in 2 Years Wednesday, 10 Apr 2013 | 9:28 PM ET

    Japan's machinery orders rose in February at the fastest pace since mid-2011 in a sign that capital expenditure could pick up this year as business confidence is boosted.

  • Kimono Sales Are Up, Thanks to 'Abenomics' Wednesday, 10 Apr 2013 | 7:45 PM ET

    There are signs that wealthier Japanese shoppers are spending more, thanks to 'Abenomics' which has lifted Japanese share markets by nearly 50 percent. Sales of high-end goods and clothes, including kimonos, are on the rise.

  • Yum's China Sales Fall Sharply Amid Bird-Flu Scare Wednesday, 10 Apr 2013 | 5:42 PM ET

    KFC parent Yum Brands reported sales fell 13% in March at restaurants in China amid a new bird-flu scare.

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