Asia-Pacific News


  • Rodrigo De Rato, Former Managing Director at the IMF and Former Chairman of Bankia said Australia has done very well in the way it coped with the global financial crisis, but also warned that the ongoing crisis in Europe posed risks.

  • Earnings, Economic Data in Focus for China Investors Sunday, 5 Aug 2012 | 12:28 PM ET
    Flag of the People's Republic of China

    Traders in China are expected to focus on earnings results and a batch of economic data this week.

  • In Wooing of Nissan, a Lesson for Tech Jobs? Saturday, 4 Aug 2012 | 2:09 PM ET
    Robotic Auto Assembly Line

    The resurgence of American auto manufacturing in the 1980s is an example of how one industry created tens of thousands of good jobs. The NYT reports.

  • These Oil Companies Are a ‘Buy’: Analyst Saturday, 4 Aug 2012 | 11:50 AM ET

    Volatile oil prices, rising inflation, slowing emerging markets, and geopolitical tension have left investors hesitant to make moves in the oil market. But some analysts are confident that oil companies are in a strong position moving forward.

  • Where the Wall Street Companies Are Moving Friday, 3 Aug 2012 | 11:48 AM ET
    On July 1,  published an  called “Financial Giants Are Moving Jobs Off Wall Street.” It detailed an emerging trend in which major Wall Street companies are taking swaths of on-site mid-level jobs and relocating them to less expensive locations in the U.S. This phenomenon is known as “near-shoring.”It’s easy to understand the rationale. The terrorist attacks of Sept. 11, 2001, the financial crisis of 2008 and the Dodd–Frank Act of 2010 had a cumulative effect on many of these companies’ bottom li

    Which locations have Wall Street companies chosen for their mid-level operations? Read ahead to find out.

  • Has Draghi Put the Euro in No-Man's Land? Friday, 3 Aug 2012 | 4:59 AM ET
    Euro coins in hand

    The European Central Bank (ECB) may have warned markets not to bet on a break-up of the euro zone, but it did little to back it up with action sending the already battered  euro into further decline.

  • ASEAN'S Integration Challenge     Thursday, 2 Aug 2012 | 7:40 PM ET

    David Carden, United States Ambassador to ASEAN says that Asean's integration blueprint is extremely ambitious and that the group has already achieved 60-70% of their goals.

  • More Choppy, Speculative Trading Seen for China Market Thursday, 2 Aug 2012 | 1:32 PM ET

    Friday may see more choppy trading after Thursday's speculation-fueled trading session.

  • No Medals for China’s Sportswear Firms Wednesday, 1 Aug 2012 | 11:39 PM ET
    Li Ning shoes are on display

    China’s spectacular performance at the London Olympic Games while brining cheer to its fans has done little to boost the prospects of its sportswear firms back home, which have been struggling to grow their share of the $19 billion sportswear market.

  • India Needs to Take Action on Rupee: StanChart Asia CEO Wednesday, 1 Aug 2012 | 9:20 PM ET
    This shows the logo outside the Standard Chartered bank in the Central district of Hong Kong, 22 September 2003.

    The weak Indian rupee has impacted earning s at Standard Chartered Bank and India needs to exercise some “fiscal control” with regards to the currency, Jaspal Bindra, CEO Asia for Standard Chartered, said on Thursday.

  • Give Back Your Loaner Car — Or Else! Wednesday, 1 Aug 2012 | 2:21 PM ET

    This is a story you’ll think about the next time you get a loaner car from a dealership.

  • Scenes From India's Power Outage Wednesday, 1 Aug 2012 | 9:49 AM ET
    The collapse of three of India’s five electricity grids on Tuesday left more than half of India’s 1.2 billion population without power.

    The collapse of three of India’s five electricity grids left more than half the country’s 1.2 billion population without power. Click ahead to see images from the blackout.

  • China: A Shining City Upon a Hill?     Wednesday, 1 Aug 2012 | 7:40 AM ET

    Ned Cloonan, Ned Cloonan Associates president & CEO, discusses how to make it big in China and why it's not for everyone, with Stephen Roach, Yale University senior fellow.

  • Indian children fish underneath monsoon clouds on the outskirts of Siliguri

    With a drier-than-hoped monsoon season, power outages threatening to cripple large parts of the economy, high interest rates and inflation, India’s growth story has faltered this year.

  • China PMI Data in Focus for Markets Wednesday Tuesday, 31 Jul 2012 | 10:51 AM ET
    CHina Stocks

    July PMI data may sway the direction of trading on Wednesday.

  • Asian Banks Fill in Gap Left by Exiting Europe Lenders Tuesday, 31 Jul 2012 | 1:24 AM ET
    Bank Metallic Sign

    As European banks continue to pull back in Asia, reeling under the debt crisis back home, regional banks are filling in the gap by buying their assets and increasing lending, say analysts.

  • Asia Pacific Banks Expanding Their Presence     Monday, 30 Jul 2012 | 8:40 PM ET

    Ritesh Maheshwari, MD, Financial Services Ratings for Asia-Pacific, Standard & Poor's discusses how Asia Pacific banks are expanding their presence in the region.

  • Benign Environment for Credit in Japan     Monday, 30 Jul 2012 | 6:35 PM ET

    David Marshall, Senior Analyst, Asia-Pacific Financials, CreditSights says that the level of loan losses are low for Japanese banks but earnings are volatile due to huge bond investments.

  • Junk Stock Cleanup Effort Leaves Investors on Edge Monday, 30 Jul 2012 | 11:11 AM ET
    Flag of the People's Republic of China

    Concerns about a regulatory clean-up of junk stocks and doubts over whether the economy has bottomed out may continue to dog trading in China on Tuesday.

  • Samsung phone and an iPhone 4

    As Apple and Samsung Electronics head to the courts in the United States on Monday in a technology-patent trial that has a lot at stake for both firms, one intellectual property expert tells CNBC that Apple is in a stronger position than its Asian rival.

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