Asia-Pacific News


  • Close, Yet So Far: Yen Takes Another Stab at 100 Sunday, 21 Apr 2013 | 10:43 PM ET

    The yen weakened to within striking distance of the 100-level against the U.S. dollar on Monday, yet breaking that key psychological barrier is proving to be hard.

  • China's Bird Flu Death Toll Rises to 20 Sunday, 21 Apr 2013 | 8:34 PM ET

    Two more people have died from a new strain of avian influenza, bringing to 20 the number of deaths from the H7N9 virus.

  • Global Push for Growth     Sunday, 21 Apr 2013 | 8:10 PM ET

    Parag Khanna, Director at Hybrid Reality Institute weighs in on G-20's changing stance and state of China's and Japan's economy going forward.

  • China Earthquake Toll Rises as Rescuers Struggle Sunday, 21 Apr 2013 | 4:48 AM ET
    Earthquake Hits China's Sichuan Province

    Rescuers struggled to reach a remote corner of southwestern China on Sunday as the toll of the dead and missing from the country's worst earthquake in three years rose to 203 with almost 1,000 serious injuries.

  • Back Home: Residents Return to Texas After Blast Sunday, 21 Apr 2013 | 2:34 AM ET
    Firefighters conduct search and rescue operations at a destroyed apartment complex near the fertilizer plant in West, Texas.

    Officials began allowing some residents to return to their homes on Saturday for their first look at the damage three days after a deadly blast at a Texas fertilizer plant.

  • China’s Quake: Counting the Economic Costs Sunday, 21 Apr 2013 | 2:27 AM ET
    Rubble from a collapsed building after a strong earthquake hit Southwest China's Sichuan Province.

    Just two days after an earthquake in China, economists have started to weigh up the implications for the world's second largest economy.

  • North Korea Moves Two Missile Launchers: Report Sunday, 21 Apr 2013 | 12:19 AM ET
    A missile unit of Korean People's Army (KPA) (F) saluting during a grand military parad

    North Korea has moved two short-range missile launchers to its east coast, apparently indicating it is pushing ahead with preparations for a test launch, a South Korean news agency reported on Sunday.

  • Rape of Five-Year Old in India Sparks Protests Saturday, 20 Apr 2013 | 3:53 AM ET

    Indian police arrested a man on allegations of rape and torture of a five-year-old girl in New Delhi, a spokesman said on Saturday, after the incident triggered protests and revived memories of a brutal December assault on a woman that shook the country.

  • Where Did South East Asia Go Wrong?     Friday, 19 Apr 2013 | 4:30 AM ET

    Joe Studwell, author of How Asia Works, explains why Asia is "an extraordinary laboratory of success and failures" in development strategy and says south-east Asia "got it all wrong".

  • House Cleaning: 2 More Executives Leave JC Penney Friday, 19 Apr 2013 | 1:51 AM ET

    J.C. Penney says two top executives, Michael Kramer, chief operating officer, and Dan Walker, chief talent officer, have left the company.

  • SeaWorld Entertainment IPO Raises $702 Million Friday, 19 Apr 2013 | 1:20 AM ET
    Seaworld launches their IPO at the NYSE on April 19, 2013.

    Blackrock-backed SeaWorld Entertainment has priced its initial public offering at $27 per share, raising $700 million, the company said Thursday.

  • Earthquake Jolts Northern Japan, No Tsunami Warning Thursday, 18 Apr 2013 | 11:50 PM ET

    An earthquake with a preliminary magnitude of 7.0 struck islands off northern Japan on Friday but no tsunami warning was issued, the Japan Meteorological Agency said.

  • Any G-20 Criticism Unlikely to Derail Yen's Fall Thursday, 18 Apr 2013 | 11:22 PM ET

    Investors are watching the ongoing G20 meeting in Washington to see if Japan comes under fire for following policies that have led to a sharp devaluation of its currency. But analysts say the yen will continue to weaken, regardless.

  • Is a Big Change in China’s Currency Policy Imminent? Thursday, 18 Apr 2013 | 10:26 PM ET

    A widening of the yuan's trading band could be imminent judging by the latest comments from China's central bank, but analysts add a caveat: change is unlikely to bring a significant strengthening of the currency.

  • Yoshikami: What's Wrong with China Equities? Thursday, 18 Apr 2013 | 4:46 PM ET

    China reported GDP growth below many analysts expectations and the markets shuttered. What's happening with this once-strong growth engine for the global economy?

  • Wait to Buy Physical Gold: Pro     Thursday, 18 Apr 2013 | 11:40 AM ET

    Sandy Jadeja, chief market strategist ay SignalPro, believes the trend for gold prices remains on the downside and says now is not the time to buy physical gold as prices will go still lower.

  • Mark Mobius: Here's Why I Am Still Bullish on China Thursday, 18 Apr 2013 | 6:45 AM ET
    Mark Mobius, executive chairman of Templeton Asset Management's Emerging Markets Group

    Leading emerging markets investor Mark Mobius is still bullish on China, despite the country's disappointing economic growth in the first quarter.

  • 'Rude Shock' Ahead for Commodity Currencies: Pro Thursday, 18 Apr 2013 | 5:20 AM ET

    While losses in commodity currencies have remained relatively limited amid the recent rout in physical prices and resources-related stocks, investors could be in for a "rude shock."

  • China Minister Urges CNBC to Do More on Korea Thursday, 18 Apr 2013 | 4:54 AM ET
    Li Zhaoxing

    China's former foreign minister championed peace during an interview with CNBC in Moscow, asking CNBC what it had done to help peace talks resume in North Korea and Washington.

  • Techs, Resources Hurt Asia on Growth Fears Thursday, 18 Apr 2013 | 4:00 AM ET

    Asian stocks closed at session lows on Thursday with most major indices losing over 1 percent as technology and resource plays were sold off on concerns of sluggish economic growth.

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