Asia-Pacific News
featured
Indonesia is ready for a sudden withdrawal of foreign funds from the country once major central banks around the world start unwinding their aggressive monetary stimulus, a senior Indonesian government official says.
» Read More
More
-
India's headline inflation rate moderated to its lowest level in more than three years in January, helped by a slower rise in fuel and manufactured goods prices.
-
Parents may find themselves wishing they could check-in their toddlers when it comes to travel. CNBC's Sri Jegarajah explores the child-friendly concept airline by design firm RKS that promises a hassle-free journey.
-
U.S. hedge fund investor George Soros has gained about $1 billion betting against the yen, the Wall Street Journal reported, citing people with knowledge of the firm's position.
-
Japan's economy contracted again in the final three months of last year, highlighting that the world's third biggest economy remains in recession. Still, analysts argue it's the outlook that investors should pay attention to.
-
Central banks scooped up more gold in 2012 than they have annually in nearly half a century as they sought to diversify reserves, the World Gold Council (WGC) said on Thursday.
-
Rio Tinto's new chief flagged he would slash costs, spend capital more carefully and focus on shareholder value after the world's no.3 miner reported a $3 billion loss, its first ever full-year loss.
-
Singapore Telecommunications (SingTel) isn't ruling out additional job cuts at its Australian operation Optus in an effort to drive down costs after slashing headcount by almost 10 percent over the last nine months.
-
Italy's top three leagues and 680 matches worldwide are considered suspicious by European law enforcement. Investigators believe a man from Singapore named Tan Seet Eng is a common link in many of them. The New York Times reports.
-
Shares in Japan Prologis REIT, a real estate investment trust set up by the world's largest owner of industrial buildings, soared more than 20 percent in their Tokyo market debut on Thursday. The strong start for the $1 billion initial public offering (IPO) is a sign that Asia's IPO market is getting its buzz back, analysts say.
-
As Japan's Prologis REIT, a real estate trust, makes its debut on the Tokyo Stock Exchange on Thursday, Prologis CEO tells CNBC that he is excited about the radical economic policies of Japan's new Prime Minister Shinzo Abe.
-
The Bank of Japan kept monetary policy steady and raised its assessment of the economy on Thursday, as the yen's recent declines offered some relief to the export-reliant economy.
-
Indonesia's central bank is gradually closing trading loopholes used by global investors in an attempt to exert more control over its weakening currency and prevent a desirable depreciation of the rupiah from turning into a panicky tailspin.
-
South Korea's central bank held interest rates steady for a fourth straight month on Thursday, in line with with market expectations.
-
While world leaders reacted with shock and anger to Tuesday's nuclear test, Pyongyang's third and most powerful to date, the top item searched on South Korean Internet portals was a monthly cosmetics sale by local brand Innisfree.
-
Some of the giants of the hedge fund world have made billions betting against the yen in recent months, marking a return to form for some blue-blood investors that stumbled after the financial crisis. The Financial Times reports.
-
Singapore Telecommunications, Southeast Asia's largest telecom operator, reported on Thursday a worse-than-expected 8.3 percent fall in third quarter net profit and reiterated its forecast for a fall in revenues this year.
-
Sick of emailing your resume? Form a mass rally, that's what new graduates in Tokyo are doing.
-
The Reserve Bank of Australia hopes the industry, which employs about 9 percent of the country's workforce of 11.5 million, can pick up the slack and maintain growth as Australia's unprecedented resource investment boom peaks at around 8 percent of GDP later this year. The Financial Times reports.
-
Japan's economy contracted for the third consecutive quarter in October-December, showing the country is struggling to escape from a mild recession.
-
Beijing’s air pollution has soared past levels considered hazardous by the World Health Organization. And now it's not an issue that only the Chinese are worrying about, Oilprice.com says.
Editor's Picks
-
Australia's budget on Tuesday has raised concerns that the country could follow in the same path as the highly indebted euro zone, said one expert.
-
Japanese equities have risen a "bit too fast" and appear to be somewhat "bubbly," according to the former vice finance minister of Japan.
-
China's equity market will soon play catch-up to the global stocks rally, analysts say.
Asia Video
-
Chris Bertelsen, CIO at Global Financial Private Capital, shares his incite into the US QE and when to expect the effects, and which stocks are going to be great opportunities in the US market.
-
Brendan Brown, Head of Research at Mitsubishi UFJ Securities International says the Australia carry trade is at the beginning of an implosion and other emerging market carry trades might follow the same path.
-
John Noonan, Senior FX Analyst at Thomson Reuters says a bearish AUD is the dominating trade in the macro fund community. Dhiren Sarin, Chief Technical Strategist, Asia Pacific at Barclays gives his Technical Analysis on currencies.