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Country | Singapore |
---|---|
Broadcast area | Asia (including Singapore and except Mainland China (residential) and North Korea) Worldwide |
Headquarters | Mapletree Business City Singapore [1] |
Programming | |
Language(s) | English |
Picture format | 1080i 16:9 HDTV |
Ownership | |
Owner | NBCUniversal |
Sister channels | Universal TV New Zealand Bravo New Zealand Universal TV Australia Golf Channel DreamWorks Channel CNBC World |
History | |
Launched | 20 June 1995 |
Replaced | Asia Business News |
Links | |
Website | Official website |
CNBC Asia is a Singapore-based business news channel owned by the NBCUniversal Media Group, a subsidiary of Comcast. It is a pan-Asian branch of the U.S.-based CNBC.
The channel initially launched on 20 June 1997 out of Hong Kong. In 1998, the channel merged with Dow Jones' Asia Business News and re-located to its facilities in Singapore. The network maintains bureaus across the Asia–Pacific region.
CNBC Asia was initially announced for a 1995 launch, as a localised version of CNBC for the Asia-Pacific region. The network was expected to feature 10 hours of programming per day from its studio in Hong Kong, along with bureaus in Bombay, Singapore, and Tokyo. The rest of its programming would be sourced from CNBC Europe and its U.S. counterpart. NBC Asia chairman Patrick Cox expected that the network would reach five million homes by the end of its first year on-air. [2] In January 1995, a "preview" known as ANBC launched, which carried a mix of programming from CNBC U.S. and CNBC Europe on Galaxy in Australia and Wharf Cable in Hong Kong. [2] CNBC Asia officially launched on 20 June 1995. [3] [4]
The network would be a competitor to the Singapore-based Asia Business News (ABN), a joint venture between Dow Jones & Company, Tele-Communications Inc., TVNZ, and other local investors which launched in 1993. It was doubted whether two competing business news channels in the market would be viable; ABN CEO Paul France derided CNBC Asia as being "an Asian branch of an American company". [2] [5] However, as early as November 1995, it was reported that NBC and Dow Jones were considering a merger of their business news channels in Asia and Europe, including ABN and its European counterpart European Business News (EBN). [6]
In March 1997, CNBC Asia expanded its carriage on cable in India via an agreement with the Hinduja Group. [7]
Renewed negotiations between NBC and Dow Jones surfaced in November 1997 amid financial difficulties at the companies' Asian and European operations. Dow Jones had been operating at a loss of US$48 million, and CNBC at $40 million. [8] [3]
On 10 December 1997, Dow Jones and NBC announced a 15-year strategic partnership, under which ABN and EBN would merge with CNBC Asia and CNBC Europe respectively, and CNBC U.S, would be able to enter into editorial partnerships with Dow Jones publications such as The Wall Street Journal and Barron's . [9] [10] The merged operation would retain the CNBC branding, but be overseen by Paul France, [11] and re-locate to ABN's Singapore studios—resulting in layoffs of 150 employees from its Hong Kong bureau. [8] [5]
The merger took effect on-air on 2 February 1998, with the channel being rebranded as CNBC–Asia Business News for a transitional period. [12] [13] Citing cost issues and a plan to focus exclusively on Asian business news, simulcasts of CNBC U.S. programmes were dropped from its overnight schedule in favour of reruns of domestic programmes. After the decision was poorly received by viewers, CNBC's U.S. business day programmes were reinstated in March. [12]
The merger impacted ABN's Indian network, ABNi, which was a joint venture with Hinduja Group and TV18; prior to the announcement of the Dow Jones agreement, Hinduja had sold its stake in the channel, and TV18's agreement on the venture did not contain any provisions on what would occur in the event of a change in ownership. After discussions with a CNBC lawyer and France, TV18 would reach an agreement with CNBC to serve as its Indian partner, and would also launch CNBC India (now CNBC TV18) the following year. [11] [14]
In October 1999, CNBC Asia had a partnership with the Australian Financial Review to present The Australian Financial Review Market Wrap, a daily round-up of market news from the Australian region hosted by James Walker and Grace Phan. Major programming changes occurred on 30 October 2000 with CNBC Asia expanding Asia Squawk Box to two hours, Asia Market Watch to two hours in the morning and 1½ hours in the afternoon and Power Lunch Asia to one full hour. CNBC Asia's ticker was also reformatted on that day to include colours reflecting change in the stock prices (green for an increase and red for a decrease) and a stock's ticker symbol.
In 2001, CNBC Asia introduced localised tickers to audiences in Australia, Hong Kong and Singapore and has since kept the ticker on the screen during commercial breaks.
In July 2001, Asia Squawk Box was further extended to three hours and more programming hours from CNBC US and CNBC Europe were added to the line-up. This was further extended in 2002 when US programming started at 20.00 UTC+8 time uninterrupted on weeknights.
In July 2005, Dow Jones exited its joint ventures with CNBC, putting them entirely under the ownership of NBC Universal. [15] In March 2007, CNBC Asia announced that it would expand its presence in Australia, including establishing a new Sydney bureau (initially based out of a local GE office, with a studio under construction at the Burns Philp Building across from Sydney Exchange Square), and premiering a new hour-long program preceding Asia Squawk Box— Squawk Australia —to cover the opening of the Australian markets. [16] [17] The following month, CNBC launched Worldwide Exchange , a new international business program that would be simulcast across CNBC in Asia, Europe, and the United States. [18]
CNBC Asia also launched two brand new shows that replaced Market Watch and the CNBC Europe programme Today's Business; CNBC's Cash Flow , anchored by Maura Fogarty (first hour) and Amanda Drury (second hour), was originally intensely trader and investor based. Following on from the success of Worldwide Exchange, another joint production, Capital Connection was launched. It was originally anchored by Maura Fogarty in Singapore, and Steve Sedgwick in London. Unlike Worldwide Exchange, which was originally produced by CNBC Europe (until production of that show was relocated to CNBC US on 4 January 2016), Capital Connection was produced by CNBC Asia.
On 27 September 2007, CNBC Asia announced two additional shows from Sydney, Trading Matters —a wrap-up of the day's market action, and Australia This Week . Both shows were anchored by then-newly appointed CNBC anchor Oriel Morrison, formerly of the Nine Network and Bloomberg Television. The shows debuted on 2 and 6 October 2007 respectively, as the channel officially opened its new Burns Philip Building studios. [17] The move also saw CNBC Australia re-introduce opt-outs from the pan-Asian feed for additional airings of Trading Matters and Australia This Week.
In August 2008, The Daily Telegraph reported that Channel Nine's finance reporter Karen Tso, would be joining the network in October 2008. She became the Sydney-based correspondent of CNBC and anchored Squawk Australia, thus replacing Jeffrey James. [19] In mid-2009, CNBC Asia launched a new personal finance show as an opt-out in Australia, The Barefoot Investor, with Australian personal finance expert Scott Pape. [20]
In June 2010, CNBC Asia relocated to a new studio at the Singapore Exchange. This coincided with changes to the network's lineup, including the cancellation of Squawk Australia and re-expansion of Asia Squawk Box to a three-hour format, and the new program The Call . [21] On 31 March 2014, CNBC replaced The Call and Cash Flow with the early morning show The Rundown and a local version of Street Signs. AsiaSquawk Box also re-located to a new studio in Hong Kong. [22] In 2019, Asia Squawk Box returned to Singapore with a new anchor lineup. [23]
In June 2023, CNBC Asia set up a new office in Mapletree Business City. Facilities include a master control room, a production control room for social media platforms and a small studio. [24]
On 22 July 2024, CNBC Asia updated its on-air presentation and branding to match the new CNBC US branding that was first introduced on 11 December 2023.
CNBC Asia produces live business day programming from 06:00 to 13:00 SIN (UTC+08:00) time during DST or 06:00 to 14"00 SIN without DST. The channel's weekday business day programmes (pan-Asian feed) are [25]
In addition, CNBC Asia produces a weekly show - Managing Asia, presented by Christine Tan.
CNBC Asia broadcasts lifestyle and sporting programmes, branded under CNBC Life, showings of CNBC US documentaries and weekly business shows such as Managing Asia, The Brave Ones, Marketing.Media.Money, The CNBC Conversation, American Greed, Tech Transformers, Channel Japan, Meet China, CNBC Tech: The Edge, and Meet the Press . Back-to-back editions of The Tonight Show Starring Jimmy Fallon are shown during the evening.
On trading days over the Christmas and new year period, CNBC Asia massively cuts back its regional programming with live output restricted to a two-hour edition of Asia Squawk Box Pre-taped specials air at all other times. Simulcasts of programmes originating from CNBC US and CNBC Europe remains unaffected. Regular programming resumes immediately after the New Year's Day holiday.
Among the shows that have been cancelled are:
In the US, all of CNBC Asia's daytime programmes are seen on CNBC World.
In Europe, during the mid to late 2000s CNBC Europe had chosen to scale back simulcasts of CNBC Asia programming overnight in favour of teleshopping and later poker games and CNBC Asia's entire morning line-up had only been seen on Monday mornings. During the rest of the week, only the second hour of Street Signs and Capital Connection were seen on CNBC Europe. However, in 2009, CNBC Europe began showing almost the entire CNBC Asia schedule throughout the week.
Since 23 April 2007, a free live and commercial-free stream of CNBC Asia has been available on CNBC.com every Monday, from 6AM to 4PM SIN time (Sundays 6PM to 4AM ET with DST). [26] At other times, the stream can be accessed by subscribing to CNBC Plus, which costs $9.95/month or $99.95/year.
Furthermore, Worldwide Exchange is not shown on Fridays due to clashing with weekend shows (Inside China, The Edge) and Managing Asia.
Staff are based in Singapore unless stated otherwise. [27]
In conjunction with local partners it provides the following local channels:
Managing Asia can be seen on Singapore Airlines and Jet Airways. [29]
CNBC is an American business news channel owned by NBCUniversal News Group, a unit of Comcast's NBCUniversal. The network broadcasts business news and analysis programming during the morning, daytime trading day, and early-evening hours, while off-peak hours are filled by business-related documentaries and reality television programming, as well as occasional NBC Sports presentations. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and podcast content, as well as subscription-based services. CNBC's headquarters and main studios are located in Englewood Cliffs, New Jersey, while it also maintains a studio at the Nasdaq MarketSite in Times Square, New York City.
Consumer News and Business Channel Europe is a business and financial news television channel which airs across Europe. The station is based in London, where it shares the Adrian Smith-designed 10 Fleet Place building with organisations including Dow Jones & Company. Along with CNBC Asia, the channel is operated by the Singapore-headquartered CNBC subsidiary company CNBC International, which is in turn wholly owned by NBCUniversal.
Squawk Box is an American business news television program that airs from 6 to 9 a.m. Eastern time on CNBC. The program is co-hosted by Joe Kernen, Becky Quick, and Andrew Ross Sorkin. Since debuting in 1995, the show has spawned a number of versions across CNBC's international channels, many of which employ a similar format. The program title originates from a term used in investment banks and stock brokerages for a permanent voice circuit or intercom used to communicate stock deals or sales priorities. It also may refer to the squawk of a bird, like a peacock, which is the logo of CNBC.
Closing Bell can refer to two CNBC programs: the original Closing Bell on CNBC and European Closing Bell on CNBC Europe.
Street Signs is a television business program that originally aired on CNBC, and currently airs on CNBC Asia and CNBC Europe. Before the Asian version debuted on March 31, 2014, it was broadcast on CNBC at 2:00pm ET. The CNBC United States version's final episode aired on February 6, 2015, due to Power Lunch returning to a two-hour format. The European version of Street Signs, which is aired in a one-hour format on CNBC Europe, debuted January 4, 2016.
CNBC World is an American pay television business news channel operated by the NBCUniversal News Group which provides coverage of world markets alongside the domestic CNBC service, using programmes from CNBC's international networks based in Europe, Asia, India, and other regions served by a domestic CNBC channel or affiliate. Effectively, this makes the network's prime time timeslot the graveyard slot, due to time zone differences, when it simulcasts live programming from their overseas sister networks. During U.S. trading hours covered by the main CNBC network, several other pre-taped shows from CNBC's different international channels are also seen on the channel, along with CNBC Prime reality programming such as American Greed and other CNBC specials are shown, in order to force viewers to tune in to the main CNBC service for business information outside the Eurasian market days.
Asia Market Wrap was a business news programme aired on CNBC Asia between 1600 and 1800 until December 2005. The show also aired on CNBC US on 5:30 to 6AM ET until 2000, when it was then moved to CNBC World. Anchored by Christine Tan, Asia Market Wrap examined the day's headlines and numbers, with in-depth analysis of the day's financial news, interviewing key money managers, market experts and corporate chiefs.
Worldwide Exchange is a television business news program on CNBC channels around the world. It used to be broadcast live from studios on three continents until May 11, 2012. The programme is anchored by Frank Holland and is produced at CNBC Global Headquarters in Englewood Cliffs, New Jersey. Prior to January 4, 2016, it was produced by CNBC Europe in London.
Squawk on the Street, which debuted on December 19, 2005, is a business show on CNBC that follows the first 90 minutes of trading on Wall Street in the United States.
Squawk Box Europe is a television business news programme on CNBC Europe, aired from 7-10 am CET each weekday. It also airs on CNBC Asia between 2.00 p.m.-5.00 p.m. Hong Kong / Singapore time, and in the United States on CNBC World at the respective time, 1:00 a.m. - 4:00 a.m., ET. The programme is co-anchored by Steve Sedgwick and Karen Tso. Prior to June 2003, the programme ran for only two hours, between 7.00 and 9.00 UK time but later gained an hour from Today's Business.
Asia Squawk Box is a television business news program on CNBC Asia, aired Monday through Friday from 6:00 a.m.-9:00 a.m.. This programme is also aired on CNBC World in the United States at the respective time, and on CNBC Europe from 11:00 p.m.-2:00 a.m. although only the Monday edition of the programme is broadcast in its entirety on CNBC Europe.
Today's Business is an American business news television program that aired on CNBC in the early morning, 5–7 am ET timeslot, hosted for the end of its run by Liz Claman and Bob Sellers. In January 2002, New York Post mentions producers are taking away this programme with expanded hour. Finally, it was replaced by Wake Up Call on Feb 4, 2002. The show covered news that was expect to affect the stock market trading day ahead and overnight business news in Asia. It listed as CNBC’s second most-watched program.
Capital Connection is a weekday television business news program, broadcast on CNBC channels around the world. The show is aired live from CNBC's Middle East Headquarters in Abu Dhabi and Dubai and is presented by Dan Murphy.
Squawk Australia was a television business news program that aired every weekday at 6:00am Singapore/Hong Kong/Taiwan time on CNBC Asia. It was broadcast live from CNBC Asia's Australia studio in Sydney, and anchored by Amanda Drury. It was produced by CNBC Asia from Australia. It was also seen in the United States on the CNBC World channel at 6:00pm ET or 5:00pm ET. On Sundays, it was simulcasted on CNBC Europe at 22.00 UK time or 23.00 CET time.
Cash Flow was a television business news program on CNBC Asia. It was produced by CNBC Asia from Singapore by a team of journalists and aired each weekday at 10:00 am Singapore/Hong Kong/Taiwan time. It was broadcast live from CNBC Asia's studio in Sydney and presented by Oriel Morrison and at Hong Kong's studio presented by Bernard Lo for the first hour. It was originally presented by Maura Fogarty for the first hour and Amanda Drury for the second hour and was broadcast live from Singapore. Cash Flow was seen in the United States on the CNBC World channel every Sunday through Thursday at 10:00 pm Eastern Time and on CNBC Europe at 3:00 UTC
Morning Call is an American TV business program that aired on CNBC, from 10AM to 12 noon ET weekdays. The show premiered as Midday Call on February 4, 2002, offered a clear focus on real-time market coverage at the heart of the trading day. Previous programs shown in the same time slot were The Money Wheel with Ted David and Martha MacCallum and Market Watch. The program last aired August 8, 2007.
Asia Business News (ABN) was a Singapore-based pan-Asian business news channel. Launched on 1 November 1993, it was owned through a partnership between Dow Jones & Company, Tele-Communications Inc., Television New Zealand, and other local investors.
The Rundown is a Singaporean pre-market business news television program broadcast from the Singapore Exchange Monday through Friday on CNBC Asia. The program aired daily across the Asia Pacific from 06:00 AM to 07:00 AM in Singapore and Hong Kong. It debuted on March 31, 2014, and aired through October 26, 2018.
CNBC TV18 is an Indian pay television business and financial news channel operated as a joint venture between NBCUniversal and Network18 Group.