CNBC Asia
CNBC Asia is a Southeast Asian pay television business channel in Asia. A subsidiary of NBCUniversal, it is the Asian service of CNBC. Its programmes originate from Singapore, Hong Kong and Sydney.
History
1995–1997: pre-ABN merger
CNBC Asia was launched on 20 June 1995 along with sister channel NBC Asia. It was originally based in Hong Kong. Anchors such as Rico Hizon, Bernard Lo, Lorraine Hahn, Sumire Sugimoto, Dalton Tanonaka and Bill Hartley were part of the original CNBC Asia team. It adopted similar programmes from its US counterpart like The Money Wheel and Business Tonight and had a few of its own programmes as well. In addition, the channel has broadcast programmes from CNBC US and CNBC Europe on a live and repeat basis.Post-ABN merger
In December 1997, Dow Jones & Company and NBC announced the merger of their international business news channels. This resulted in a merger of CNBC Asia with Dow Jones' Asia Business News, and likewise of CNBC Europe with European Business News. The merged channel launched on 1 February 1998 and was named CNBC Asia Business News but it was simply referred to as CNBC Asia in mid-1998. As a result of the merger, there were massive employee lay-offs and programme cancellations at CNBC's Asia original headquarters in Hong Kong but Rico Hizon, Geoff Cutmore and Bernard Lo joined the newly merged channel whose operations have been based in Singapore ever since. Programmes and personalities came mostly from ABN and were for the most part retained in their original form. CNBC Asia also mainly used ABN's own graphics scheme rather than adopt those in use by CNBC US and CNBC Europe. In addition, there was no regional ticker for most audiences until 26 October 1998 and simulcasts of US and European programmes were very limited.From then the international CNBC services carried the tagline "A Service of NBC and Dow Jones" when introducing regional programmes and airing general channel promotions.
Mid-1998–2002
On 1 June 1998, CNBC Asia added CNBC Sports which it aired weekend afternoons and in October 1998, it also started airing selected episodes of The Tonight Show with Jay Leno and Late Night with Conan O'Brien on weekend evenings as CNBC Asia was replaced by the National Geographic Channel. When CNBC Asia launched its regional ticker in 1998, it introduced new shows such as Lunch Money and Market Watch where the latter was produced by CNBC Europe but anchored from both London and Singapore. In addition, the channel substantially increased CNBC Europe programming in the afternoon by airing Europe Today in its entirety.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 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 SIN time uninterrupted on weeknights.
2006: full control by NBC Universal
In July 2005, it was announced that NBC Universal would take full control of CNBC Asia from 31 December 2005, subject to clearance. The channel's main sequences reverted from "CNBC Asia - A Service of NBC Universal and Dow Jones" to simply "CNBC Asia" on 1 January 2006. But, on 30 October 2006, to further distinguish itself between its other counterparts, "CNBC Asia" simply rebranded itself as "CNBC", and adopting CNBC's new general slogan, "First in Business Worldwide".2007 programming revamp
During the week of 19 March 2007, CNBC Asia commenced promotions for Squawk Australia, hosted by James, which debuted on 26 March 2007 from a studio in Sydney. It aired from 9.00 Sydney time/6.00 SIN/HK time weekdays. A revamped Asia Squawk Box, anchored by Amanda Drury and Martin Soong, followed at 7.00 SIN/HK time weekdays.CNBC 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 and Amanda Drury, 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, Capital Connection is produced by CNBC Asia.
On 27 September 2007, CNBC Asia announced strategic initiatives to push into the Australian market. Two new shows were introduced to the network: Trading Matters, a wrap-up of the day's market action, and Australia This Week, a concise show summarizing the week's highlights. Both shows are anchored by then-newly appointed CNBC anchor Oriel Morrison, formerly of Channel Nine and Bloomberg Television. The shows debuted on 2 and 6 October 2007 respectively at 17.30 Sydney time/15.30 SIN time as the channel moved its Sydney bureau into a new studio situated across from the Australian Stock Exchange building. The move has also seen CNBC Australia re-introduce opt-outs from the pan-Asian feed for additional airings of Trading Matters and Australia This Week.
2007: return to Sydney
It was announced on 5 March 2007 that CNBC Asia would be opening a bureau in Sydney to track the Australian markets. This was in light of the recent global market correction. Squawk Box has had reports from Jeffrey James who was also the original anchor of Squawk Australia. James was the first on-camera presence from CNBC since Mark Laudi returned to Singapore from Sydney. James anchored Squawk Australia from a temporary location on the 11th floor of Sydney's General Electric headquarters from early 2007 whilst a new studio was being constructed in nearby Bridge Street. He left the show in October 2008. In 2007, Oriel Morrison also joined the Sydney bureau to give reports during the afternoon session there. She anchored a 30-minute afternoon show for CNBC called Trading Matters.On 7 January 2008, Foxtel spun off a business channel from Sky News Australia called Sky News Business Channel.
In August 2008, The Daily Telegraph reported that Channel Nine's finance reporter Karen Tso, will be joining the network in October 2008. She became the network's Sydney-based correspondent and anchored Squawk Australia, thus replacing Jeffrey James.
In mid-2009, CNBC launched a new personal finance show, The Barefoot Investor, with Australian personal finance expert Scott Pape. This is similar to The Suze Orman Show and is seen on the Australian feed during weekends.
2010: new studio new look
On 14 June 2010, CNBC Asia moved to a new studio inside the Singapore Exchange. The new studio features a rear projection wall that principally gives an overview of regional market action. The left side of the studio has three LCD screens where a reporter stands beside to feature one story or highlight per screen. CNBC Asia also adopted the graphics package that CNBC US and CNBC Europe have been using since 2 March 2010. CNBC also premièred another production hub in Bahrain. This hub is used by presenters to report on Middle East business and is one of the three locations from which Capital Connection is presented.2014: new studio in Hong Kong and picture format change to 16:9
Started from 30 March 2014 CNBC Asia changed its picture format to 16:9 as a standard broadcast format. CNBC Europe followed suit on 31 March 2014. Both networks debuted a then-new, updated graphics package, including new lower-thirds. This on-air style did not carry over to CNBC US, which still had the old on-air style used from 1 March 2010 to 10 October 2014. CNBC US also switched its own picture format to 16:9 on 13 October 2014.2015–present
On 9 February 2015, CNBC Asia once again updated its graphics package, this time with new titles and new theme music that was based on the US version used since 13 October 2014. Exactly a month later, its sister network in Europe followed suit. This new on-air style, which is designed by Magoo 3D Studios, matched its US counterpart. Except for Asia Squawk Box and Capital Connection, all of the programmes share the same theme music, which is different from US and Europe versions. CNBC also was added to Dialog TV in Sri Lanka.On 29 October 2018, Street Signs was expanded to three hours due to the cancellation of The Rundown, which also resulted in Asia Squawk Box returning to the previous 6-9am SIN/HK timeslot.
Programming
2014 programming revamp
During the week of 31 March 2014, CNBC launched two brand new shows that replaced The Call and Cash Flow. These were early morning show The Rundown and Street Signs replaced Cash Flow. CNBC also unveiled a redesigned studio in Hong Kong for Squawk Box. CNBC also premiered another production hub in Beijing.Weekday line-up
CNBC Asia produces live business day programming from 6 am to 1 pm time during DST or 6 am to 2 pm without DST. The channel's weekday business day programmes are- Asia Squawk Box – Sri Jegarajah and Martin Soong
- Street Signs – Tanvir Gill, Nancy Hungerford and Rosanna Lockwood
- Capital Connection – Matthew Taylor and Hadley Gamble
- Inside China – Eunice Yoon
- Managing Asia – Christine Tan
Weekends
End-of-year programming
On trading days over the Christmas and new year period, CNBC Asia massively cuts back its regional programming, replacing it with pre-taped specials with live output restricted to a two-hour edition of Asia Squawk Box. Simulcasts of programmes originating from CNBC US and CNBC Europe remain unaffected. Regular programming resumes immediately after the New Year's Day holiday.Former programmes
Among the shows that have been canceled are:Weekdays
- Breakfast Briefing
- CNBC Today
- Asia Wake Up Call
- Trading Day
- Lunch Money
- Power Lunch Asia
- Asia Market Wrap
- Asia Nightly News
- Global Market Watch
- Business Center
- Australia Market Wrap
- Australia Market Week
- The Australian Financial Review Market Wrap
- Business Centre Australia
- e
- CNBC Tonight
- The Asian Wall Street Journal
- Asia Market Watch
- Cash Flow
- The Call
- The Rundown
Primetime and weekends
- Generation e
- CEO Australia
- dot.commerce
- Far Eastern Economic Review or Review On Air
- Driven
- Over Asia
- New Company
- Lo & Company
- Asian Working Woman
- Smart Money
- Challenging Asia
- Storyboard
- Asia This Week
Sports coverage
- PGA Tour
- World Match Racing Tour
Simulcasts outside the region
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/HK/TWN time. At other times, the stream can be accessed by subscribing to CNBC Plus, which costs $9.95/month or $99.95/year.
Since 4 January 2016, Worldwide Exchange is not shown on Fridays due to clashing with weekend shows and Managing Asia.
CNBC Asia ticker
During the trading day, CNBC Asia runs a ticker providing information from major Asian stock exchanges, as well as US and Europe recaps. The top bar usually features the Most Active shares in the region while the bottom bar gives the latest data on indices, currencies, commodities and the treasury market. At night, the old CNBC US ticker is simulated where only the ticker symbols are displayed instead of the companies' full names. The ticker is shown continuously during commercial breaks and most of the data for the Asian ticker is supplied by Reuters.Viewers in Singapore and Australia are treated to a more localised ticker with the top bar featuring trades from their respective local stock markets exclusively.
Outside Asia, the ticker can be seen alongside CNBC Asia programmes simulcasted on CNBC Europe and CNBC World. However, the ticker is not available on CNBC Asia's live stream at CNBC.com and is instead replaced by a similar looking static strip which says "CNBC" on the top bar and its tagline "First in Business Worldwide" on the lower bar.
Notable on-air staff
Staff are based in Singapore unless stated otherwise.Current
- Amanda Drury
- Tanvir Gill
- Nancy Hungerford
- Sri Jegarajah
- Chery Kang – Hong Kong correspondent
- Arjun Kharpal – tech reporter
- Will Koulouris – Australia correspondent
- Rosanna Lockwood
- Martin Soong
- Emily Tan
- Christine Tan
- Matthew Taylor
- Eunice Yoon – China correspondent
Former
Anchors/presenters
- Andrea Catherwood
- Rico Hizon
- Fauziah Ibrahim
- Jeffrey James
- May Lee
- Susan Li
- Teymoor Nabili
- Dalton Tanonaka
- Karen Tso
Correspondents
- Geoff Cutmore
- Betty Liu
- Colette Wong
- Tracey Chang
Other CNBC Asia Services and partnerships
CNBC-based channels
In conjunction with local partners it provides the following local channels:- CNBC TV18
- CNBC Infinitey
- CNBC Awaaz
- CNBC Bajar
- CNBC Prime
- CNBC Tamilin
- Nikkei CNBC
- CNBC Pakistan
- SBS-CNBC
- CNBC Indonesia
- JKN-CNBC
Other TV and print partners
- Seoul Broadcasting System
- * Formerly MBN CNBC was also provided in Korea. However CNBC Asia and MBN agreed to dissolve their partnership in July 2005.
- * From January 2010. SBS CNBC is provided. This channel is managed with Seoul Broadcasting System.
- In the Philippines, the second hour of CNBC's Street Signs is simulcasted on ANC. Managing Asia is also shown on ANC at 8.30 local time on Saturdays. However, ANC and CNBC ended their partnership in 2016.
- Even after Dow Jones Newswires had sold its stake to NBC Universal, correspondents from Dow Jones Newswires and The Wall Street Journal Asia continued contributing to the channel.
Airline partners
Mobile services and podcasts
CNBC Asia also delivers financial news to mobile phone users by keying in https://web.archive.org/web/20080807115257/http://asia.cnbc.com/. Subscribers in Singapore's M1, Indonesia's Telkomsel and Cambodia's Mobitel can see live streaming of the channel and selected on-demand clips from its shows.The channel also offers podcasts free-of-charge.
Taglines
- "Capitalize On It"
- "First in Business Worldwide"
- "The World Leader in Business News"
- "Now more than ever"
- "Profit from it"
- "The World is Asia Business"
- "Business Intelligence"
- "A Service of NBCUniversal and Dow Jones"