Asia-Pacific News


  • Adultery website makes aggressive push in Asia Tuesday, 27 Aug 2013 | 3:22 AM ET

    Hong Kong's newest dating site is one that promotes and facilitates adultery. It may sound like an outrageous, community inflaming concept, but it's been going strong for over a decade and offers service in 30 countries.

  • Japan debt-funding costs to hit $257 billion: Report Tuesday, 27 Aug 2013 | 3:16 AM ET

    Japan expects to spend a record $257 billion to service its debt during the next fiscal year, underscoring the huge burden created by the government's borrowings.

  • Is the Billabong brand now worthless? Tuesday, 27 Aug 2013 | 3:08 AM ET

    Billabong has posted annual results showing that its core brand is now worthless as losses more than trebled, closing off a horrible year for the Australian surfwear group. The FT reports.

  • Survey shows long work hours entrenched in Asia banks Tuesday, 27 Aug 2013 | 1:16 AM ET

    A survey of professionals in Singapore's financial services industry shows that more than three quarters work over and above their contracted hours.

  • Is Kuroda too 'in love' with his own policies? Tuesday, 27 Aug 2013 | 1:04 AM ET
    Bank of Japan Governor Haruhiko Kuroda

    Bank of Japan (BOJ) Governor Haruhiko Kuroda is too "in love" with his own policies, according to one analyst who says the confidence could have some negative repercussions.

  • Mercedes to outline new battle plans to win over China Tuesday, 27 Aug 2013 | 12:13 AM ET
    Mercedes Benz C-Class sedan

    Mercedes-Benz will launch about 20 new or upgraded models in China, part of a broader effort aimed at reversing the brand's struggles in the world's biggest auto market.

  • Credit habit proves hard for China to kick Monday, 26 Aug 2013 | 11:02 PM ET

    The Chinese government says its debt problem is under control, but the people of Pianpo village have cause to disagree.

  • Japan begins six days of hearings on sales tax Monday, 26 Aug 2013 | 9:29 PM ET
    Shubiya district, Tokyo, Japan

    Japan's government opened on Monday a week-long hearing that may help determine Prime Minister Shinzo Abe's decision on how to proceed with a planned increase in sales tax.

  • India data to show economy remains in bad shape Monday, 26 Aug 2013 | 9:25 PM ET

    India's economic growth likely languished at a decade-low of around 4.6 percent in the April-June quarter, with the deepening slowdown sparing few sectors in Asia's number three economy.

  • Huge India food program criticized as profligate Monday, 26 Aug 2013 | 5:55 PM ET
    A market in Mumbai.

    With its currency in meltdown and growth at the lowest in the past decade, India's government on Monday passed a $19.8 billion-a-year food subsidy bill.

  • These Asian equities still over-valued: Macquarie Monday, 26 Aug 2013 | 7:43 AM ET

    Equities in south east Asia are over-valued despite the ongoing emerging market rout and investors should get out while they still can, a senior portfolio manager from Macquarie told CNBC on Monday.

  • Emerging market rout in Asia: Worse than the '90s? Monday, 26 Aug 2013 | 5:01 AM ET
    Kuala Lumpur, Malaysia

    The current market rout in emerging Asia isn't another late 1990's-style financial crisis, but analysts have concerns that the region may not be able to "catch-up" with the developed world.

  • India isn't suffering from 'policy paralysis': Fitch Monday, 26 Aug 2013 | 4:57 AM ET

    Even as India continues to suffer from a crisis of confidence among investors, policymakers haven't fared as badly as many industry watchers have suggested.

  • Thailand may have been 'ground zero' during the Asian financial crisis in the late 1990s, but the country isn't seen at risk this time around.

  • Shoppers walk in the Myungdong shopping district in Seoul, South Korea.

    South Korea is ready to tackle the potential fallout from a winding down of U.S. monetary stimulus and would embrace tightening measures if necessary, the nation's deputy prime minister told CNBC.

  • In Fukushima, radiated water has nowhere to go Monday, 26 Aug 2013 | 2:02 AM ET
    One of Tokyo Electric Power's (TEPCO) nuclear power plants.

    Tanks were bolted together as makeshift repository for the cascade of water being pumped through the reactors of Fukushima, but at least one of the tanks has already failed.

  • Chinese prosecutors want heavy sentence for Bo Xilai Monday, 26 Aug 2013 | 1:18 AM ET
    A screen shows the picture of the sentence of Chinese politician Bo Xilai (Center) on September 22, 2013 in Beijing, China.

    Chinese prosecutors demanded a heavy sentence for Bo, saying his "whimsical" challenge to bribery and abuse of power charges flew in the face of the evidence.

  • Why the crippled rupee may not head to 70, after all Monday, 26 Aug 2013 | 12:35 AM ET

    The beleaguered rupee, which has pared back losses after breaching the 65 mark against the U.S. dollar last week, will head back to 60 in the coming months.

  • China detains well-known blogger in crackdown Sunday, 25 Aug 2013 | 11:50 PM ET

    China has detained a well-known Chinese-American microblogger and angel investor as Beijing rolls out a new campaign to "purify" the country's social media, writes Kathrin Hille.

  • Clive Palmer

    Aspiring PM Clive Palmer, has lashed out at Kevin Rudd and Tony Abbott, claiming neither of them understand the concept of business or how to get the country’s economy back on track.

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