The U.S. dollar will stay supported against the euro and yen, but has room to strengthen against emerging market currencies in the medium term, says Sim Moh Siong, FX strategist at Bank of Singapore.» Read More
One of the nation’s largest pension plans filed a lawsuit Thursday accusing Wal-Mart’s leadership of breaching its fiduciary duty in connection with a bribery scandal at the retailer’s Mexican subsidiary. The New York Times reports.
Many countries finance their Olympic competitors, but not the United States, where athletes fund their own training.
CNBC's John Harwood reports the latest developments in the China dissident drama, including a phone call from Chen Guangcheng into the hearing on Capitol Hill to plead his case.
Too many Americans are addicted to cheap credit and to artificially cheap Chinese imports at big box stores
Manufacturing reports suggest Europe could slide into recession without the rest of the world, creating fallout for the euro.
Recent market reforms announced by the Chinese authorities are proving to be a game changer for the country’s stock market, with the Shanghai Composite index breaking above its 200-day moving average on Wednesday.
The U.S. fixation on China's currency is "old" and it is time the debate moved on to more important issues such as trade and market access, said Stephen Roach, the former Non-Executive Chairman of Morgan Stanley Asia.
The Australian dollar has had a rough ride lately, and this strategist says more troubles await.
The worst is over for China’s commercial real estate industry and the government’s policy to provide more credit for private firms should help the sector, Zhang Xin, Chief Executive Officer of SOHO China, the largest property developer in Beijing said.
CNBC's latest survey says 61% believe now is the time to put money back into the markets. Bob Doll, BlackRock chief equity strategist, discusses where opportunity exists in the market and whether earnings are the best indicator of the market's status.
Turkey and Indonesia could be the next economies to reach $1 trillion-status, Ruchir Sharma, author of "Breakout Nations: In Pursuit of the Next Economic Miracles", told CNBC.
Weak manufacturing dents the euro and currency ETFs just can't get enough love - it's time for your FX Fix.
The Australian dollar carry trade, popular among investors to cash in on the interest rate differential between countries, is losing its appeal following the Reserve Bank of Australia’s (RBA) interest rate cut, say forex strategists, who expect further policy easing by the central bank this year.
The European Union’s efforts in establishing a permanent rescue fund to prevent financial risks is ‘laudable’ and have boosted market confidence in the region, China’s Vice-Premier Li Keqiang said.
The greenback and the U.S. bond market are headed for a collapse as the Federal Reserve loses the ability to service the nation’s debt with “artificially low” interest rates, Peter Schiff, CEO of Euro Pacific Capital told CNBC on Wednesday.
America’s economic imbalance with China has been a singular concern of policy makers for more than half a decade. Senators Charles E. Schumer and Lindsey Graham wanted to punish China for pegging the exchange rate to the dollar in 2005 — arguing that its policy of cheapening the currency to subsidize exports was fueling a huge trade surplus that cost America jobs.
A rate cut dents the Aussie dollar and economic blues hit the buck - it's time for your FX Fix.
The best economic growth story of the 21st century has been a poor investment play. While its gross domestic product has shot up, China’s equity market has languished. The FT reports.
Several major markets around the world will be closed Tuesday for May Day, which will help limit volatility for U.S. equities.
Goldman Sachs is turning increasingly bearish on the U.S. economy, expecting the nation to have added only 125,000 new jobs in April, as the effects of a warm winter, which buoyed employment late last year, wear off.