Singapore, 13 October 2008 – CNBC, First in Business Worldwide, is delighted to announce that CNBC’s new state of the art studio, on Bridge Street, began operations today, 13 October 2008. The new studio is located in the Burns Philp Building, on Bridge Street, opposite the Australian Stock Exchange, in the centre of Sydney’s financial business district.
Karen Tso anchored Squawk Australia from the new studio today, after a successful debut from Singapore last week. Joining her on air today were John Symonds, Chairman of Aussie Home Loans, and Peter McGuire, Managing Director of Commodity Warrants, Australia.
Trading Matters, anchored by Oriel Morrison, will also see a change. The show will change its broadcast time, from 5 pm (AEST) to 4 pm (AEST) to take advantage the momentum of the Australian market having just finished it's trading session. This week, hear from fund managers looking after over AUD$ 66.6 billion, how they are trading these volatile markets, the dos and don’ts in this current financial climate, and what they see the outlook to be.
President and Managing Director, CNBC Asia Pacific, Jeremy Pink said, "CNBC has never been stronger worldwide. Our coverage of the recent historic events on Wall Street and the repercussions in the global economy, have been first class, and surpassed by none. CNBC in the US has recorded its best business day viewership since the September 11 events in 2001. CNBC in Asia recorded the highest increase in viewership than any other network in Asia Pacific. CNBC.com recorded up to 15 million page views during our coverage of the Wall Street events."
"In Australia, we are continuing with this momentum of growth. As of this month, we will be operating at full strength in Australia, with a strong team supporting our shows, Squawk Australia and Trading Matters, helmed by Karen Tso and Oriel Morrison respectively, from a state-of-the-art studio, located at the centre of the financial district in Sydney," he continued.
"CNBC is the First in Business Worldwide, and our audience agrees. We look forward to delivering enhanced products and services to our audience and clients, from our bureau in Australia." Pink concluded.
About CNBC Asia Pacific
In Asia Pacific, CNBC is headquartered in Singapore and is available in over 21 countries across the region and distributed to over 140 million households. CNBC Asia Pacific’s channels, include CNBC Asia, CNBC-TV18 (India), CNBC Pakistan and Nikkei-CNBC (Japan). CNBC also has a strategic alliance with China Business Network, a wholly owned subsidiary of the Shanghai Media Group. The channels are distributed via satellite, cable and terrestrial broadcast networks, as well as broadband via CNBC.com. CNBC content is also distributed on the 3G platform through selective markets. For more information, please visit us at www.asia.cnbc.com