Sydney/ Singapore – CNBC has announced that veteran Australian business and finance journalist, Karen Tso will be replacing Jeffery James, who leaves CNBC in October. Tso will anchor Squawk Australia, a one-hour show that delivers Australian business news to the world, and global business to Australia. Australia is the first major market to open and sets the agenda and tone of market movement for the rest of Asia. Kicking off the programming day, Squawk Australia will offer live analysis of the Wall Street close and gear up for the opening bell on the ASX (Sydney) and the TSE (Tokyo). Tso will also feature in the CNBC Market Updates, distributed on the SBS channel nationally. Launched on July 1 2008, CNBC provides 3 LIVE Australian market updates from CNBC’s facilities in Sydney, Singapore and London, via SBS, at 12:55pm, 5:55pm and 10:00pm (AEST time). With over 10 years of experience, Tso joins CNBC from the Nine Network where she presented and reported business and finance stories for National Nine News, and Business Sunday. Karen was also the Today Show’s personal finance contributor and presents a weekly segment on the program. Prior to joining Nine, Karen presented a nightly finance spot on the ABC’s flagship news and current affairs program Lateline. She also took the lead in reporting stock market movements and breaking business news for ABC’s Midday News and Business, broadcast nationally, as well as the ABC’s Asia Pacific service, ASPAC.