Asia-Pacific News


  • Singapore Revises Quarterly Growth Sharply Higher Thursday, 21 Feb 2013 | 8:03 PM ET

    Singapore's economy expanded faster than initially forecast in the fourth quarter, government data showed on Friday.

  • Balancing Fiscal and Monetary Policy     Thursday, 21 Feb 2013 | 7:20 PM ET

    Alan Bollard, Executive Director of APEC Secretariat, says governments are finding it harder to carry out fiscal policies in a sensible manner, thus placing the pressure on central banks.

  • Bomb Blasts Rock Southern Indian City; at Least 11 Dead Thursday, 21 Feb 2013 | 7:13 PM ET

    Two bombs placed on bicycles exploded in a crowded market-place in the southern Indian city of Hyderabad.

  • Canadian Firms Miss Out on Asian JVs     Thursday, 21 Feb 2013 | 6:40 PM ET

    Don Campbell, Co-Chair of the Pacific Economic Cooperation Council, says state owned companies will not make the list for joint-partnerships as Canada opens up to Asia.

  • Global Markets Update: EU Shares Lower     Thursday, 21 Feb 2013 | 6:12 AM ET

    CNBC's Kelly Evans reports concerns on the future of quantitative easing from the Federal Reserve, and weak economic data sent European sharply lower on Thursday.

  • China Shares Slump 3% on Tightening Fears Thursday, 21 Feb 2013 | 4:12 AM ET

    China markets resumed their decline, after a one-day recovery on Wednesday, dampened by fresh worries about monetary tightening and expansion of property sector curbs.

  • Should Bond Investors Brace for a 1994-Style Crash? Thursday, 21 Feb 2013 | 3:31 AM ET

    The recent run-up in sovereign bond yields combined with a recovery in global growth could lead to a crash in bond prices similar to the one seen in 1994, said AMP Capital in a report.

  • Did Sony Reveal Enough to Hype PlayStation 4? Thursday, 21 Feb 2013 | 3:05 AM ET
    Marc Cerny, lead architect of PlaySation 4, introduces the BioShock4, the new controller for Sony's PlayStation 4 at a news conference February 20, 2013 in New York.

    The unveiling of Sony's highly anticipated PlayStation 4 (PS4) – its first video game console in seven years – may be touted as a major step in turning around the struggling tech giant's fortunes, but one analyst said the firm didn't reveal enough.

  • Foreign Workers the Focus of Singapore Budget Thursday, 21 Feb 2013 | 1:40 AM ET
    Singapore's financial district at dusk

    Singapore is likely to announce more steps to slow an influx of foreign workers in a budget aimed at placating public anger about a surge in immigration blamed for overcrowding, rising prices and competition for jobs and housing.

  • Turkey Lures Asian Investors as It Looks East for Capital Thursday, 21 Feb 2013 | 12:45 AM ET

    When Turkish conglomerate Anadolu Holding put its 75-percent stake in Alternatifbank up for sale last year, a distant potential suitor from Asia took a close look at the business.

  • It's Absurd Only China Gets Caught for Hacking: Expert Thursday, 21 Feb 2013 | 12:42 AM ET

    In the wake of the uproar over China's alleged hacking of U.S. corporations this week, the CEO of U.S.-based cyber security firm Taia Global argues it's unfair to pinpoint China as the only source of hacking.

  • Scaling Back QE     Thursday, 21 Feb 2013 | 12:05 AM ET

    Mikio Kumada, Executive Director & Global Strategist at LGT Capital Partners says that the Fed slowing down bond buying is a good thing since the US economy is recovering.

  • Currency War Defused? Doesn't Seem Like It Wednesday, 20 Feb 2013 | 10:17 PM ET

    Just a few days after global finance ministers' and central bank chiefs' meeting in Moscow dismissed talk of a currency war, it appears that a battle is brewing in Asia.

  • Marriott: Asia More Exciting Than America     Wednesday, 20 Feb 2013 | 7:10 PM ET

    Simon Cooper, President & Managing Director for Asia Pacific at Marriott International, talks about the company's Southeast Asian expansion plans, including projects in Thailand and India.

  • Asia Entering a 'Debt Mountain': HSBC     Wednesday, 20 Feb 2013 | 6:50 PM ET

    Frederic Neumann, MD & Co-Head of Asian Economics Research at HSBC, sounds a warning over Asian growth being increasingly driven by increases in credit.

  • China to US on Hacking: You've Got No Proof Wednesday, 20 Feb 2013 | 7:16 AM ET

    Accusations by a U.S. computer security company that a secretive Chinese military unit is likely behind a series of hacking attacks are scientifically flawed and hence unreliable, China said on Wednesday.

  • Global Markets Update: FTSE Hits 6,400     Wednesday, 20 Feb 2013 | 6:08 AM ET

    CNBC's Kelly Evans reports the Bank of England is moving European markets today.

  • Tight-Fisted Japan Firms Deal Blow to Abe's Revival Plan Wednesday, 20 Feb 2013 | 3:45 AM ET

    Tight-fisted companies in Japan may prove the biggest obstacle in Prime Minister Shinzo Abe's plan to push the sluggish economy into higher gear as they intend to keep a firm lid on wage levels.

  • This Wealthy Nation Can't Afford to Retire Wednesday, 20 Feb 2013 | 3:42 AM ET
    Empty Nest

    Singapore may boast of the highest percentage of millionaires in the world, but retiring here is becoming even more difficult for the common man.

  • Hackers Doing No Favors for China's Image Wednesday, 20 Feb 2013 | 1:47 AM ET

    The recent hacking allegations against China puts another negative mark on the country's image as new leader Xi Jinping has repeatedly vowed to fight corruption.

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