Asia-Pacific News


  • Indian Inflation Picks Up, but Rate Cut Bets Unchanged Thursday, 14 Mar 2013 | 3:22 AM ET
    India’s Secret Weapon: Its Young Population

    India's headline inflation picked up in February on higher fuel costs but another measure of price pressures cooled, reinforcing expectations that the central bank will deliver a rate cut.

  • Emerging Markets Being Left Out of Global Rally Thursday, 14 Mar 2013 | 2:57 AM ET

    Emerging markets appear to be losing out as investors pile into developed markets on hopes of better economic conditions.

  • China's Colossal Credit Bubble a Big Risk: Marc Faber Thursday, 14 Mar 2013 | 2:21 AM ET
    A woman sits at a securities exchange in Huaibei, central China's Anhui province.

    The next major risk for investors is China's "colossal credit bubble, " Marc Faber, editor and publisher of The Gloom, Boom & Doom Report told CNBC on Thursday.

  • In China, New Leadership Brings New Set of Problems Thursday, 14 Mar 2013 | 2:05 AM ET
    China's newly-elected President Xi Jinping (R) talks with former President Hu Jintao (L) during the fourth plenary meeting of the National People's Congress at the Great Hall of the People in Beijing.

    Xi Jinping is officially China's new president, ending a once-in-a-decade transition of power that began last November. Much has happened since then, highlighting the challenges the new leadership team now face.

  • China’s Reform-Minded Stocks Regulator Loses Job Thursday, 14 Mar 2013 | 1:35 AM ET
    Chinese stock investors monitor their share prices at a stock brokerage firm.

    China's top securities regulator, Guo Shuqing, will be moved from his post soon and take over as governor of eastern Shandong province, a shift prompted partly because his market reform drive has upset vested interests.

  • Philippines Is Running Out of Monetary Bullets Thursday, 14 Mar 2013 | 1:08 AM ET
    Philippines Third Quarter GDP Growth Stronger Than Expected

    The Philippine central bank has cleaned out its coffers over the past year, spending billions of pesos to shield its currency and economy from the impact of large inflows of foreign money.

  • McDonald's Gives Away a Million McMuffins in China Wednesday, 13 Mar 2013 | 11:56 PM ET

    McDonald's will give away more than a million breakfast McMuffins across China on Monday, a few days after Chinese state television airs its annual expose on corporate malpractice to mark World Consumer Rights Day.

  • Air Cargo Showing a Marked Pickup: Cathay CEO Wednesday, 13 Mar 2013 | 10:01 PM ET
    Cathay Pacific Airways Chief Executive John Slosar speaks during a news conference in Hong Kong Wednesday, May 9, 2012. Cathay said its first half earnings will be disappointing because of the cloudy global economic outlook and high fuel prices, forcing it to cut costs and reduce flights on some long-haul routes. (AP Photo/Kin Cheung)

    After a lackluster few years for the air cargo industry, the CEO of Cathay Pacific Airways told CNBC he expects a recovery in global demand to rejuvenate the flagging sector.

  • China's First Lady Gets In on Charm Offensive Wednesday, 13 Mar 2013 | 9:47 PM ET

    US presidents have long deployed their wives to broaden their appeal. Now Xi Jinping, China's incoming head of state, is getting in on the act. The Financial Times reports.

  • Chinese Art Spend Shrank by a Quarter in 2012 Wednesday, 13 Mar 2013 | 9:34 PM ET
    Will Artspace Be the Art World’s Amazon.com?

    Chinese spending on art and antiques shrank by nearly a quarter in 2012, ending a streak of spectacular growth that helped drive up global prices and made China the biggest player in the market by 2011.

  • Australia Employment Soars, Kills Rate Cut Hopes Wednesday, 13 Mar 2013 | 9:10 PM ET

    Australian employment soared by 71,500 in February, far above any forecast and the biggest increase in over a decade, the most compelling sign yet that low rates and rising asset prices are fueling an economic pick-up.

  • The Rise of the Apps   Wednesday, 13 Mar 2013 | 8:48 PM ET
    BlackBerry Z10 and iPhone 5 smartphones

    Revenue of global smartphone applications in 2012 totaled $15 billion, the size of Jamaica's GDP.

  • 'Abenomics' to Bring On Bigger Employee Bonuses Wednesday, 13 Mar 2013 | 8:27 PM ET

    Japanese exporters will hand out bigger bonuses for the next fiscal year as Prime Minister Shinzo Abe's policies drive the yen to multi-year lows, with Toyota Motors leading the way.

  • Can China Mobile Tap Into Apple Smartphone Demand? Wednesday, 13 Mar 2013 | 8:06 PM ET
    china mobile.jpg

    China Mobile hopes to tap pent-up demand for Apple smartphones by rolling out new 4G technology this year and having an iPhone model that will finally run on it.

  • GATA: Central Banks Are Manipulating the Gold Price   Wednesday, 13 Mar 2013 | 7:41 PM ET
    GATA: Western Central Banks Are Manipulating Gold Markets

    Chris Powell, Secretary at Gold Anti-Trust Action Committee, claims that Western central banks are manipulating gold markets in order to rig currency markets.

  • Can China's New President Deliver Reforms?   Wednesday, 13 Mar 2013 | 7:17 PM ET
    Can China's New President Deliver Reforms?

    As China's new president Xi Jinping is officially voted into power, CNBC's Eunice Yoon takes a look at his path to reform.

  • Expect the New Samsung Galaxy to Look Familiar Wednesday, 13 Mar 2013 | 2:59 PM ET

    Don't expect a striking new look for Samsung's latest Galaxy smartphone. Here's what to look for on the inside.

  • Crumbling BRICs: Why You're Better Off Elsewhere Wednesday, 13 Mar 2013 | 1:04 PM ET

    Brazil, Russia, India and China have been seen as the collective pillar of emerging market growth. But signs indicate that investors are now looking elsewhere.

  • Apple vs. Samsung—Size Matters: Blodget Wednesday, 13 Mar 2013 | 10:27 AM ET
    People walk by the entrance to the Samsung Electronics Co. showroom at its headquarters in Seoul, South Korea, Friday, Aug. 31, 2012. The Tokyo District Court on Friday dismissed Apple Inc.'s claim that Samsung had infringed on its patent - the latest ruling in the global legal battle over smartphones that pits the two technology titans against each other. (AP Photo/Lee Jin-man)

    Apple may be "leapfrogged" on Thursday when Samsung unveils the next generation of its flagship Galaxy smartphone, Business Insider's Henry Blodget told CNBC.

  • China Central Bank Warns on Inflation, Pledges Reform Wednesday, 13 Mar 2013 | 9:11 AM ET

    China must stabilize inflation expectations, the head of the People's Bank of China said on Wednesday, vowing to vigilantly manage the risks of rising prices.

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