Asia-Pacific News


  • Indonesia to suffer outflows again: Fin Min Thursday, 22 May 2014 | 3:35 AM ET
    Indonesia Finance Minister Chatib Basri Speaks At OECD Forum

    One year on from last year's taper tantrum, Indonesia's Finance Minister told CNBC they are not safe from another bout of capital outflows.

  • Thai army takes power in coup after talks fail Thursday, 22 May 2014 | 10:06 AM ET

    Thailand's army chief took control of the government in a coup on Thursday saying the army had to restore order and push through reforms.

  • China Xinjiang blast kills 31 people Wednesday, 21 May 2014 | 10:14 PM ET

    Explosives hurled from two vehicles which rammed an open market in China's Xinjiang killed and wounded an unknown number of people on Thursday.

  • Sony sets restructuring, profit targets Thursday, 22 May 2014 | 4:30 AM ET

    Sony chief executive said the company would complete a stepped-up restructuring drive and forecast a tripling in operating profit.

  • China trust product defaults - expect more Thursday, 22 May 2014 | 1:51 AM ET
    Li Daokui, former adviser to the People's Bank of China.

    Parts of China's banking sector should be monitored carefully and more trust product defaults are likely this year, said a former advisor to the PBOC.

  • Vietnam considering legal action against China Wednesday, 21 May 2014 | 8:33 PM ET
    Protesters wave flags and hold placards on a street outside a factory building in Binh Duong.

    Vietnam PM Nguyen Tan Dung said he was considering "defense options" against China following the deployment of a Chinese oil rig to disputed waters.

  • China factory activity has best showing in 5 months Wednesday, 21 May 2014 | 9:53 PM ET

    China's factory activity turned in its best performance in five months in May, a private survey showed on Thursday.

  • What businesses want from Indonesia: Lippo CEO Wednesday, 21 May 2014 | 11:40 PM ET

    Amid slow global growth, export-dependent Indonesia's new president needs to strengthen government finances and spur private investment, Lippo Group's CEO said.

  • US rate hike would be ‘mixed blessing:’ StanChart Wednesday, 21 May 2014 | 10:32 PM ET
    Jaspal Bindra, group executive director and CEO of Standard Chartered Bank in Asia

    A rise in U.S. rates would be a worry for the markets in which Standard Chartered operates but would bring some positives, says the bank's Asia CEO.

  • Under Modi, can India’s economy take on China? Wednesday, 21 May 2014 | 7:03 PM ET
    A supporter takes a picture of a map of India made of flowers with a picture of BJP leader Narendra Modi on it at the party's headquarters.

    India’s growth potential looks much higher after a decisive election win for Narendra Modi’s BJP, economists say.

  • China, Russia ink key gas agreement Wednesday, 21 May 2014 | 9:02 AM ET
    A view of the Russian gas giant Gazprom's recently built Adler thermal power plant in the Russian Black Sea resort of Sochi.

    Russia's state-controlled Gazprom has signed a long-awaited megadeal to supply gas to China, which could ease the impact of Western sanctions.

  • Is the dollar to blame for Nikkei’s fall? Wednesday, 21 May 2014 | 7:06 PM ET

    Despite Japan's tax hike and failure to push through reforms, some analysts believe the U.S. dollar is the real culprit for the Nikkei's fall.

  • This could worsen Australia's skilled worker shortage Wednesday, 21 May 2014 | 7:08 PM ET
    Pedestrians walk in the central business district of Sydney, Australia.

    Australian parents put less emphasis on their children pursuing higher education than other developed markets, HSBC research has found.

  • Why the India election remakes our world Wednesday, 21 May 2014 | 1:27 AM ET
    BJP leader Narendra Modi gestures before speaking to supporters after his landslide victory in elections on May 16, 2014 in Vadodara, India.

    Soon, India's population will beat China to be the most populous country. If Modi's election were to transform India, it would transform the world.

  • China breaks from past with municipal bond sales Wednesday, 21 May 2014 | 4:55 AM ET

    China said it will let 10 local governments sell municipal bonds in an attempt to clean up the country's $3 trillion public debt problem.

  • Thailand's calm belies political anxiety Tuesday, 20 May 2014 | 10:59 PM ET
    Passersby pose for a photo with Thai army soldiers standing guard, Bangkok.

    Thailand was calm on Wednesday, a day after the military declared martial law but uncertainty loomed over a country that has been rocked by months of streets protests.

  • Myanmar hotels set for another record year Tuesday, 20 May 2014 | 8:55 PM ET

    Myanmar's burgeoning hotel market is set for another year of record growth in 2014, according to property research firm Jones Lang LaSalle.

  • Moody’s turns negative on China property Wednesday, 21 May 2014 | 4:05 AM ET

    Moody's joined the drumbeat of pessimism on China property, cutting its view to negative, but it expects many developers' finances to remain stable.

  • Bank of Japan grows more confident of economy Wednesday, 21 May 2014 | 3:00 AM ET
    Bank of Japan headquarters in Tokyo, Japan

    Analysts say the BOJ is showing growing confidence in its outlook for the country, despite concerns the hike in the sales tax hike that took effect in April will hamper growth.

  • Thai interim PM says aiming for Aug. 3 election Tuesday, 20 May 2014 | 8:17 AM ET

    Thailand's caretaker prime minister said on Tuesday he had asked the Election Commission to organise an election on Aug. 3.

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