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J.C. Penney Gets Increase in Line of Credit from $1.75 Billion to $2.25 Billion
CNBC Asia-Pacific
Top News
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Despite all the negative headlines, Chinese investment in the US hit an all-time record in 2012: $6.5 billion. It will likely surpass that level in 2013.
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. |
Top News
Editor's Picks
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The Australian dollar has had a swift, hard fall and now Goldman Sachs is predicting it could fall to as low as $0.80.
Charting Asia with Daryl Guppy
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The silver chart shows that those who are wishing for a rise in the gold price will be disappointed. The silver downtrend will continue and gold will follow.
Coming Up On CNBC
Entrepreneur Asia
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Some of Asia's most successful entrepreneurs confess to their most common mistakes.
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After Japan's "lost decade" you might be surprised to hear that some Chinese entrepreneurs are suggesting that China has just come out of its own "lost decade".
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We look at Asia's 10 richest first-generation businessmen. Find out who these self-made billionaires are and how they made their money.
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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.
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A new kind of "dirty" business is becoming the latest frontier in the bottom-of-the-pyramid market in India, with a number of start-ups seeing a huge opportunity in building and maintaining toilets
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Chinese entrepreneurs are taking fewer cues from Silicon valley as they develop their own indigenous businesses.
China: Time of Transition
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As Apple's sales outlook slows down, what happens to the tech giant's suppliers? CNBC's Eunice Yoon has more.
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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.
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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.
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In this segment of Inside China, Eunice Yoon explores how Chinese residents are voicing their protests on the World Wide Web.
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China's ascent to the top of the global economy is not a certainty. Many hidden structural dangers exist. Among the most important factors is the state of its healthcare system.
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Compared to the challenges faced by China's old guard, the new team's problems can best be described as an embarrassment of riches. Here is why.
Managing Asia
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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.
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James Yau, Founder and MD at Grocorp talks to CNBC's Christine Tan about his plans to build a sustainable agriculture business.
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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.
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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.
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Ajit Manocha, CEO of GlobalFoundries, acknowledges there are challenges at hand in terms of their relationship with AMD, but says they are well positioned to overcome them.
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Jennifer Cheung, founder and executive chef, Sift talks about the challenges she faces in running a small business in Hong Kong.
Technology
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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.
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More women in the U.S. would rather give up sex than their mobile device for a week, according to a recent survey.
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When disaster strikes, communication can be a lifeline. That's made phone chargers a new addition to the emergency preparedness kit.
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We can thank the app economy for a boom in cyberattacks aimed at mobile devices, security experts said Tuesday.
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Yahoo CEO Marissa Mayer tells CNBC the $1.1 billion deal for Tumblr is "part of enhancing our growth story" and the company will remain independent, even under Yahoo's ownership.
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If Facebook wanted to buy Tumblr, it would have bought Tumblr. But Tumblr has a mobile problem.
Finance
NetNet With John Carney
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As long as Congress grants the IRS official immunity from prosecution based on testimony, there's no right to remain silent.
Market Insider with Patti Domm
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Traders chase both sides of Fed debate. Is this a signature day for the markets? Not clear yet.
By the Numbers
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The Dow is up nearly 22 percent since mid-November. Many think the market's overdue for a pullback, but historical correlations indicate that it may not be.
Opinion
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College administrators better take a hard look at what they're offering students if they hope to weather a coming online storm, says a former Secretary of Education.
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If Facebook wanted to buy Tumblr, it would have bought Tumblr. But Tumblr has a mobile problem.
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The low-cost advantage that China once enjoyed (at least in the East Coast cities called the Gold Coast) is starting to fade.
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According to a CBO report, tax hikes outweigh spending cuts by 6-1. Henry Blodget, Business Insider, and Jim Pethokoukis, American Enterprise Institute, discuss.
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Larry Kudlow says there's only one possible solution to clean up the IRS mess — a special counsel.
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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.