Asia-Pacific News


  • China's Data Watch: Is Inflation Creeping Back? Thursday, 7 Feb 2013 | 2:21 AM ET

    China's central bank says the country needs to pay more attention to consumer prices. That's reason enough to see why inflation numbers are likely to be the highlight of Friday's data releases from the world's second biggest economy.

  • Micron CEO Gives Positive 2013 Outlook     Thursday, 7 Feb 2013 | 12:40 AM ET

    CNBC's Kaori Enjoji interviews Mark Durcan CEO, Micron Technology. He says increased memory for smartphones and pent up demand for storage gives a positive outlook for 2013.

  • Year of the Snake: Good for Banks, Bad for Oil? Thursday, 7 Feb 2013 | 12:35 AM ET

    The Great Depression in 1929, the Pearl Harbor attack in 1941 and the dot-com bubble bursting in 2001 – all these events happened during the year of the snake. So, should we be worried about what 2013 - the latest Chinese Year of the Black Water Snake – has in store for us? The annual Feng Shui Index brought out by Asian brokerage CLSA gives some clues.

  • Hard Landing in India Instead     Thursday, 7 Feb 2013 | 12:30 AM ET

    Uwe Parpart, Managing Director, Head of Research at Reorient Financial Markets discusses India's GDP forecasts of 5% as it breaks.

  • India Develops Taste for Washington Apples Wednesday, 6 Feb 2013 | 11:07 PM ET

    After Hermes saris, Louis Vuitton bags and Porsche cars, it is now demand for Washington apples, New Zealand kiwis, and China pears that is adding a new sheen to India's booming consumption story.

  • S&P Hires Top Attorney for $5 Billion Lawsuit Wednesday, 6 Feb 2013 | 10:46 PM ET

    Standard and Poor's has hired John Keker, one of the country's top white-collar defense attorneys, to help fight a $5 billion lawsuit brought by the U.S. government this week.

  • India Considers Further Curbs on Gold Imports Wednesday, 6 Feb 2013 | 10:21 PM ET

    India's central bank could limit gold imports by banks in "extreme circumstances," it said on Wednesday, as it put forward measures to help the world's biggest consumer of gold rein in purchases and battle a record-high current account deficit.

  • Where Are Globetrotting Chinese Going?     Wednesday, 6 Feb 2013 | 8:45 PM ET

    Jason Yap, CEO of Travelzoo Asia Pacific says that beach holidays are getting popular with the mainland Chinese.

  • After Libor Scandal, Will Rate Rigging End?     Wednesday, 6 Feb 2013 | 8:00 PM ET

    Jim Antos, Bank Analyst at Mizuho Securities Asia discussed the Libor scandal and says that management should also take blame for the rate fixing scandal.

  • IMF to India: Don't Give Up Fight Against Inflation Wednesday, 6 Feb 2013 | 7:23 PM ET

    The Reserve Bank of India (RBI) must shift its focus back to bringing inflation under control, according to IMF's Mission Chief to India, Laura Papi, who believes the central bank should hold off from easing until price pressures ease further.

  • Silence on Match-Fixing Probe Puts Singapore at Risk Wednesday, 6 Feb 2013 | 6:59 PM ET

    Singapore is working with European authorities investigating the fixing of soccer matches on a global scale but its silence on any action being taken against local suspects risks damaging the reputation of the wealthy, tightly regulated Asian country.

  • Asia's CEOs Are More Confident Now: Survey     Wednesday, 6 Feb 2013 | 6:40 PM ET

    Stanley Szeto, Member, Young Presidents' Organization explains why business leaders in the region are more optimistic than 3-6 months ago. He also discusses the correlation between CEO and consumer confidence.

  • Solomons Tsunami Kills at Least Five After Big Quake Wednesday, 6 Feb 2013 | 6:51 AM ET

    A powerful 8.0 magnitude earthquake set off a tsunami that killed at least five people in a remote part of the Solomon Islands on Wednesday.

  • Global Markets: Currency Markets Mixed     Wednesday, 6 Feb 2013 | 6:07 AM ET

    CNBC's Kelly Evans has the update on currency rates around the world.

  • Credit Crunch in Asia This Decade: DBS CEO     Wednesday, 6 Feb 2013 | 4:40 AM ET

    Piyush Gupta, CEO of DBS, explains the sources of margin pressure on Asian banks, and warns of a credit crunch in Asia later in this decade.

  • DBS Optimistic of Turnaround in China Business: CEO Wednesday, 6 Feb 2013 | 4:21 AM ET

    The CEO of Southeast Asia's biggest lender, DBS - which missed fourth quarter earnings expectations on Wednesday – told CNBC he expects a turnaround in the bank's China business in 2013.

  • The Chinese Consumer Could Define Year of Snake Wednesday, 6 Feb 2013 | 2:53 AM ET

    Pineapple tarts, red paper lanterns and delicacies such as abalone – just some examples of the traditional goods that China's shoppers snap up ahead of the Chinese New Year.

  • Macau Gaming Stocks Slide on Fears of Crackdown Wednesday, 6 Feb 2013 | 2:35 AM ET

    Macau gambling stocks such as Sands China and Galaxy Entertainment Group fell on Wednesday after a media report said Beijing may crack down on junket operators that bring in Chinese VIP high-rollers, arrange credit and collect debts.

  • Pinterest Seeks Funding at $2 Billion Valuation: Source Wednesday, 6 Feb 2013 | 1:54 AM ET

    Online scrapbook Pinterest is trying to raise a new round of funding that would give it a valuation of $2 billion to $2.5 billion, the Wall Street Journal reported on Tuesday.

  • Is This Beginning of the End for Dell's PC Empire? Wednesday, 6 Feb 2013 | 1:12 AM ET

    The $24.4 billion proposal to privatize U.S. technology giant Dell is part of founder Michael Dell's efforts to transform the company into a 'mini IBM', said analysts.

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