Asia-Pacific News


  • Alibaba raises IPO price range to $66 to $68 a share Monday, 15 Sep 2014 | 4:30 PM ET
    Jack Ma, founder of Alibaba Group Holding Ltd.

    The e-commerce giant had previously said in a filing its IPO price would be in the range of $60 to $66 per share.

  • China market still a 'stock picker paradise' Monday, 15 Sep 2014 | 6:31 PM ET

    China's worsening economic outlook is hard to ignore, but here's why investors aren't rushing for the exits.

  • China's race to turn trash... to cash? Monday, 15 Sep 2014 | 6:31 PM ET
    Chinese Greenpeace activists set up an E-waste sculpture.

    China's junk buyers have transformed the electronic garbage of wealthy countries into small fortunes for years, often tainting rivers with toxic.

  • Chinese stocks fall in US on poor economic data Monday, 15 Sep 2014 | 5:56 PM ET
    Trader on the floor of the New York Stock Exchange.

    Chinese stocks listed in the U.S. fell during Monday trading in reaction to the weekend's poor economic data from China.

  • Dangerous waters: Meet the new face of piracy Monday, 15 Sep 2014 | 6:15 AM ET
    Indonesian pirates push a boat out of a mangrove swamp where they hide before planning pirate attacks and ambushes on the Strait of Malacca.

    Piracy is exploding in the world’s most heavily trafficked commercial waterway, and organized crime is the force behind it.

  • Alibaba to raise IPO range, but below $70: Sources Monday, 15 Sep 2014 | 10:01 AM ET
    Alibaba Executive Chairman Jack Ma gives the thumbs-up after speaking to journalists ahead of an IPO roadshow, in Hong Kong September 15, 2014.

    Sources told CNBC that there would definitely not be a seven in the Alibaba share price at the time of the IPO.

  • Abe 'neutral' on whether to raise Japan sales tax Monday, 15 Sep 2014 | 12:08 AM ET
    Japanese Prime Minister Shinzo Abe

    Japanese PM Shinzo Abe said on Sunday he remained "neutral" on whether to proceed with a hike in Japan's sales tax to 10 percent.

  • Alibaba has entrenched link to elite military family Monday, 15 Sep 2014 | 12:52 AM ET
    Alibaba.com's headquarters in Hangzhou, Zhejiang Province, China

    Alibaba's acquisition of Citic 21CN is an example of how China's political elite benefits from the private sector. The New York Times reports.

  • Shangri-La CEO: Chinese still want luxury Sunday, 14 Sep 2014 | 11:02 PM ET

    Shangri-La Hotels & Resorts remains committed to luxury despite growing concerns about weak fundamentals in the Chinese hotel market.

  • Is fresh China stimulus a done deal? Sunday, 14 Sep 2014 | 11:32 PM ET

    Economists expect Beijing to turn on the stimulus taps to prop up the economy following a sharp deceleration in activity growth in August.

  • Central banks in driving seat this week Sunday, 14 Sep 2014 | 6:36 PM ET

    Three central bank meetings will likely top the agenda for Asian markets this week, with particular focus on the U.S. Federal Reserve.

  • Shanghai free trade zone, one year on Sunday, 14 Sep 2014 | 7:38 PM ET
    Containers being loaded onto a ship at Qingdao Port in Qingdao, China

    A disappointing first year for Shanghai's free-trade zone raises questions about China's commitment to opening up its markets.

  • Meet Simon Xie: Alibaba's unassuming No. 2 Sunday, 14 Sep 2014 | 8:01 PM ET

    Simon Xie is the only individual besides Executive Chairman Jack Ma who owns the domestic Chinese companies.

  • Sinopec to sell $17.4B retail unit stake Sunday, 14 Sep 2014 | 8:20 PM ET

    Sinopec is selling a $17.4 billion stake in its retail unit as the country reforms its sprawling state-owned enterprises. The Financial Times reports.

  • Modi's India to develop disputed border region Sunday, 14 Sep 2014 | 7:26 PM ET

    India has eased restrictions on building roads and military facilities along its disputed border with China, as it takes a stronger stance on Beijing.

  • Weak China factory data raise prospect of stimulus Saturday, 13 Sep 2014 | 3:27 AM ET

    China's factory output grew at the lowest pace in nearly six years in August while growth in retail sales and investment also cooled, adding to signs of fragility in the economy that may prod Beijing into fresh policy measures to prevent a sharper slowdown.

  • MAS flight turns back due to autopilot defect Sunday, 14 Sep 2014 | 4:52 AM ET

    A Malaysian Airlines flight from Kuala Lumpur to Hyderabad was turned back on Saturday due to a defect with the plane's auto-pilot system, the airline said in a statement.

  • Philippines starts inquiry into Filipino militants Saturday, 13 Sep 2014 | 4:21 AM ET

    The Philippines is investigating the involvement of Filipino Islamists in the three-year civil war in Syria after two locals were reported killed fighting for Islamic State militant group.

  • Australia answers US call to fight Islamic State Sunday, 14 Sep 2014 | 4:35 AM ET
    Prime Minister Tony Abbott of Australia inspects the troops during a Honor Cordon at the Pentagon in Arlington, Virginia, during a U.S. state visit in June.

    Australia became the first country to detail troop numbers and aircraft for a U.S.-led coalition fighting Islamic State militants in Iraq, as Washington drums up support for global action to counter the terrorist threat.

  • North Korea sentenced U.S. citizen Matthew Todd Miller to six years hard labour for committing "hostile acts" as a tourist to the isolated country, a statement carried by state media said on Sunday.

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