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Nikkei rises to one-week high on Fed hopes; Softbank soars

   TOKYO (Reuters) - Japan's Nikkei share average rose to a one-week high on Wednesday, helped by optimism that the U.S. Federal Reserve would temper worries about an imminent roll back of its stimulus program. Full story

Japan exports up at fastest pace in more than two years on weak yen

TOKYO (Reuters) - Japan's exports rose in May at the fastest annual rate in more than two years, boding well for the economy as a weak yen and a moderate pick-up in global demand add to the nation's stimulus policies to revive the economy. Full story

GM aims for 10 percent of China's luxury car market by 2020

SHANGHAI (Reuters) - General Motors Co <GM.N> aims to have 10 percent of China's luxury market by 2020, its China chief said on Wednesday. Full story

PM Abe says G8 welcomed Japan's economic policies

BELFAST (Reuters) - Japanese Prime Minster Shinzo Abe said on Tuesday G8 leaders expressed strong support for his "Abenomics" economic policies and heard no concerns about Japan's super easy monetary easing. Full story

China says Ghana's arrest of its miners will not harm relations

ACCRA (Reuters) - China is determined that its relations with Ghana will not be undermined by the arrest of some 200 Chinese illegal gold miners in a crackdown by Ghanaian authorities, a senior Beijing Foreign Ministry official said on Tuesday. Full story

Toshiba to cut TV business costs by $104 million this fiscal year: Nikkei

(Reuters) - Japan's Toshiba Corp plans to cut about 10 billion yen ($104 million) in costs this fiscal year by reorganizing its network of television factories in Indonesia, China and Poland, the Nikkei said, citing company sources. Full story

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China bans private adoptions of abandoned infants

Investors back away from emerging markets on China fears: BofA survey

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SKorea begins bidding for $7.3 billion fighter buy

Japan's Nikkei seen rising 51 percent in 2013: Reuters poll

China May home price rise highlights policy dilemma

Video

  Japanese watermelon, sweet but pricey

A Densuke watermelon sells for $3,000 at auction in Japan as the summer watermelon season kicks off. TODAY.com's Dara Brown reports.

  Cargo handler tosses boxes everywhere (but the plane)

A man in China is seen throwing more cargo boxes off a conveyor belt than onto it as he tries loading them onto a plane.

  China's Urban Hot Spots Look Like Ghost Towns

China has been going through a construction boom, but many of the properties are too expensive for most Chinese to buy, reports CNBC's Eunice Yoon.

  Global Markets: European Stocks Pare Losses

CNBC's Ross Westgate reports on all the market moving events from Europe as talks of possible monetary easing from the central bank of China boosted investor confidence.

  Intelligence officials discuss four terror plots at hearing

Philip Mudd of the New America Foundation talks about the long-term and short-term impacts of Edward Snowden’s leaks and the future of the surveillance programs.

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Related Photos

South Korea's national figure skater Kim Hae-jin takes off her skates after a training session at the National Training Center in Seoul
  South Korea's national figure skater Kim Hae-jin takes off her skates after a training session at the National Training Center in Seoul

South Korea's national figure skater Kim Hae-jin , 16, takes off her skates after a training session at the National Training Center in Seoul June 11, 2013. Life as one of the 'Yuna Kids' demands sacrifices few 16-year-olds are willing to make, but for budding South Korean starlets Kim Jin-seo and K

South Korea's national figure skater Kim Jin-seo, Kim Hae-jin and Kim Yuna talk during a meeting at the National Training Center in Seoul
  South Korea's national figure skater Kim Jin-seo, Kim Hae-jin and Kim Yuna talk during a meeting at the National Training Center in Seoul

South Korea's national figure skater Kim Jin-seo , Kim Hae-jin and Kim Yuna talk during a meeting at the National Training Center in Seoul June 7, 2013. Life as one of the 'Yuna Kids' demands sacrifices few 16-year-olds are willing to make, but for budding South Korean starlets Kim Jin-seo and Kim

South Korea's national figure skater Kim Jin-seo rests after a training session at the National Training Center in Seoul
South Korea's national figure skater Kim Jin-seo rests after a training session at the National Training Center in Seoul

South Korea's national figure skater Kim Jin-seo, 16, rests after a training session at the National Training Center in Seoul June 11, 2013. Life as one of the 'Yuna Kids' demands sacrifices few 16-year-olds are willing to make, but for budding South Korean starlets Kim Jin-seo and Kim Hae-jin the c

South Korea's national figure skater Kim Jin-seo performs during a training session at the National Training Center in Seoul
South Korea's national figure skater Kim Jin-seo performs during a training session at the National Training Center in Seoul

South Korea's national figure skater Kim Jin-seo , 16, performs during a training session at the National Training Center in Seoul June 11, 2013. Life as one of the 'Yuna Kids' demands sacrifices few 16-year-olds are willing to make, but for budding South Korean starlets Kim Jin-seo and Kim Hae-jin