Asia Business News (ABN) was a business news television channel owned by Dow Jones and Company. It was founded on January 1, 1994 and it was based in Singapore. It was the sister network of London-based European Business News (EBN). On 2 February 1998 the channel merged with NBC's CNBC Asia. Initially, most of ABN's programmes and presenters migrated to the new channel and it operated from ABN's former headquarters in Singapore. The merged channel was initially named CNBC Asia Business News but on June 1, 1998 it was simply referred to as CNBC Asia.