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J.C. Penney Gets Increase in Line of Credit from $1.75 Billion to $2.25 Billion

CNBC Asia-Pacific

Asia-Pacific

Top News

  Highlights

What Warren Buffett once called "financial weapons of mass destruction" are firing again.

Bob Lutz is teaming up with Wanxiang Group, a Chinese auto parts supplier, in a bid to buy the ailing Fisker

News that the Swedish capital of Stockholm has been hit by three nights of rioting has come as a surprise.

Single Indian men are using their indoor toilets to try and woo prospective brides.

Some of Asia's most successful entrepreneurs and risk-takers confess to their most common mistakes.

Read how many in China have climbed out of the poverty pit by unleashing their entrepreneurial spirit.

Coming Up On CNBC

Entrepreneur Asia

  • We look at Asia's 10 richest first-generation businessmen. Find out who these self-made billionaires are and how they made their money.

  • Asia’s economic development and a growing consumer class means the temptation to return home for those Asian entrepreneurs with a Western education is strong, experts say.

China: Time of Transition

  • As Apple's sales outlook slows down, what happens to the tech giant's suppliers? CNBC's Eunice Yoon has more.

  • Li's course has taken him from the grassroots to the center, from the head of the agricultural province of Henan, to the industrial province of Liaoning, and eventually to the very top of Chinese leadership. CaiXin Online reports.

  • Is China's Role as 'World's Factory' Ending?

    In China, with wages rising rapidly and shifts towards moving up the factory food chain, CNBC's Eunice Yoon takes a look at one garment factory's efforts to stay competitive.

  • Inside China: The Cyberspace Revolution

    In this segment of Inside China, Eunice Yoon explores how Chinese residents are voicing their protests on the World Wide Web.

Managing Asia

  • ASEAN, China Present New Opportunities: Ando

    Famed Japanese architect Tadao Ando talks to CNBC's Christine Tan about his creative vision. He discusses how the global economy is affecting his business.

  • Growing an Agri-Fund

    James Yau, Founder and MD at Grocorp talks to CNBC's Christine Tan about his plans to build a sustainable agriculture business.

  • Ford: Thailand Is Still a Key Production Base

    Despite losses caused by the Thailand floods in 2011, Joe Hinrichs, president, Asia, Pacific and Africa of Ford says the automaker remains committed to the country as a production hub.

  • Price War Unnecessary for Scoot

    Campbell Wilson, CEO of Scoot, tells Managing Asia the budget carrier does not need to launch a price war to compete as it is already doing well.

Technology

  • Clearwire says its special committee and its board of directors approved Sprint Nextel's sweetened offer to take over the company and is advising shareholders to vote for the deal.

  • More women in the U.S. would rather give up sex than their mobile device for a week, according to a recent survey.

Finance

NetNet With John Carney

Market Insider with Patti Domm

By the Numbers

Opinion

  • china-factory-worker.jpg

    The low-cost advantage that China once enjoyed (at least in the East Coast cities called the Gold Coast) is starting to fade.

  • Broken Budget Promises?

    According to a CBO report, tax hikes outweigh spending cuts by 6-1. Henry Blodget, Business Insider, and Jim Pethokoukis, American Enterprise Institute, discuss.

  • Larry Kudlow

    Larry Kudlow says there's only one possible solution to clean up the IRS mess — a special counsel.

  • Abe will have a tough job trying to convince his G-8 colleagues next month that his "three arrows" stimulus program is not just a subterfuge to boost exports, says this economist.