Asia-Pacific News


  • China's New Leaders’ Embarrassment of Riches Monday, 11 Mar 2013 | 12:53 AM ET
    Chinese soldiers marching in front of the Forbidden City in Beijing, China.

    Compared to the challenges faced by China's old guard, the new team's problems can best be described as an embarrassment of riches. Here is why.

  • China Policymakers on Alert as Inflation Creeps Up Monday, 11 Mar 2013 | 12:13 AM ET

    After a year of benign inflation, consumer prices are ticking up in China amid an uneven economic recovery.

  • The Most Innovative City in Asia Is... Sunday, 10 Mar 2013 | 11:54 PM ET

    Singapore is the most innovative city in the Asia Pacific region, according to a study by consultancy Solidiance.

  • Tao Wang, Head of China Economic Research at UBS Securities expects China CPI to slip below 3% in March. She believes government restructuring should pave the way for infrastructure investment.

  • Yen Traders, Watch Out for a Correction!     Sunday, 10 Mar 2013 | 6:20 PM ET

    Simon Warner, Head of Macro Markets at AMP Capital, says the Japanese yen is could see a short-term bounce in March, but then will continue to weaken through to the second half of 2013.

  • China Shuts Railway Ministry in Restructuring Sunday, 10 Mar 2013 | 4:03 AM ET

    China unveiled a government restructuring plan on Sunday, cutting cabinet-level entities by two and dissolving its powerful Railways Ministry, as the country's new leaders look to boost efficiency and combat corruption.

  • Take a Stroll Through China's Ghost Cities Friday, 8 Mar 2013 | 1:35 PM ET
    Residential apartment buildings stand in the new district of Kangbashi in Ordos, Inner Mongolia, China.

    They look like any other city, but with one difference: No people. And in many cases, they feature miles and miles of empty apartments and office buildings. The following photos are graphic signs of China's property bubble.

  • Japan Needs Fiscal Stimulus: Economist Friday, 8 Mar 2013 | 8:52 AM ET

    Japan will have to make "huge" efforts to get its economy moving again, and the process could take years.

  • European Markets Higher     Friday, 8 Mar 2013 | 6:06 AM ET

    CNBC's Kelly Evans reports European shares traded higher ahead of Friday's jobs report in the U.S.

  • Three Reasons to Doubt China's Export Numbers Friday, 8 Mar 2013 | 1:46 AM ET

    China's export numbers, which came in more than double of what was forecast, are raising questions over the reliability of the data.

  • In this photo provided by China's Xinhua News Agency,  Chinese icebreaker Xuelong, or Snow Dragon, is harbored in Shanghai,  after an 85-day scientific quest across the Arctic ocean, Thursday, Sept. 27, 2012.  The Chinese icebreaker has docked at Shanghai after becoming the first Chinese vessel to cross the Arctic Ocean. (AP Photo/Xinhua, Pei Xin) NO SALES

    Way up above 66th parallel north, the jousting and jostling for the mother lode of oil, gas, mineral, fish, and other resources being exposed by the rapidly receding Arctic sea ice is well under way. The Christian Science Monitor reports.

  • The weak yen could do more harm than good to Japan's economy, one economist warns.

  • Barclays Chief Wants 30% Staff Reduction Thursday, 7 Mar 2013 | 11:59 PM ET

    Barclays' chief executive Antony Jenkins has told investors that cost reduction is his absolute priority and he wants to find a way for the bank to operate with as few as 100,000 staff – a near 30 per cent reduction on its current headcount. The Financial Times reports.

  • Are Asia's Property Markets Too Hot to Handle? Thursday, 7 Mar 2013 | 11:39 PM ET

    Recent real estate cooling measures in China, Hong Kong and Singapore may help to remove speculators from the markets, but analysts say there's not much more governments can do to suppress prices.

  • How Weibo Could Spark China's Arab Spring Thursday, 7 Mar 2013 | 11:12 PM ET

    China's increasingly vocal army of netizens could pose one of the biggest challenges to the new leadership.

  • Hong Kong, Still IPO Hot Spot?     Thursday, 7 Mar 2013 | 8:47 PM ET

    Stephen Peepels, Head of U.S. Capital Markets, Hong Kong, at DLA Piper says the flow of IPOs to Hong Kong could overwhelm demand.

  • Citigroup Asks to Spend $1.2 Billion on Stock Buybacks Thursday, 7 Mar 2013 | 8:20 PM ET
    Citigroup Center

    Citigroup Inc said it has asked the Federal Reserve for permission to spend $1.2 billion to buy back its own stock through next March but has not asked to raise its quarterly dividend.

  • North Korea Threatens US With Nuclear Strike Thursday, 7 Mar 2013 | 6:55 PM ET
    North Korean soldiers.

    North Korea threatened the United States on Thursday with a preemptive nuclear strike, raising the level of rhetoric as the U.N. Security Council approved new sanctions against the reclusive country.

  • China's 'Ghost Cities' Warn of Property Bubble: Chanos Thursday, 7 Mar 2013 | 11:08 AM ET
    Residential apartment buildings stand in the new district of Kangbashi in Ordos, Inner Mongolia, China.

    Avoid investments that depend on the Chinese real estate market because the bubble there is getting "bigger and bigger," hedge fund manager Jim Chanos told CNBC.

  • Standard Should Be Emerging Market Bank: CEO     Thursday, 7 Mar 2013 | 5:03 AM ET

    Jacko Maree, CEO of Standard Bank, tells CNBC that despite his resignation the bank remains intent on establishing itself as an emerging market bank, particularly in Africa and Asia.

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