Chicago Stock Exchange said on Friday an investor group led by China's Chongqing Casin Enterprise Group has agreed to buy the company.» Read More
Royal Bank of Scotland has suspended its head of rates trading in Europe and Asia Pacific, the most senior employee to be put on leave so far as the bank investigates its alleged role in the interbank lending rate scandals. The FT reports.
Recent economic data such as stronger-than-expected exports and benign inflation in September are the latest signs that China’s slowdown may be nearing an end, reducing pressure on the government to implement more stimulus measures to shore up the world’s second-biggest economy.
Japan's Nikkei 225 index rose 0.9 percent to 8,658.82 and South Korea's Kospi climbed 0.4 percent to 1,932.78. Electronics company Toshiba Corp. rose 1.9 percent in Tokyo while Samsung Electronics Co. rose 1.7 percent in Seoul.
Aadil Ebrahim, Managing Director of Bowen Asia says infrastructure stocks are weighing down the Shanghai Composite due to the slowing Chinese economy.
Welf Ebeling, Asia Regional Director of the Global Business Travel Association says that China's business travel is expected to continue its strong growth despite a slowdown in the economy.
Pu Yonghao, Regional CIO, APAC, UBS Wealth Management describes the shift in and consumption patterns across China's super rich and mass market populations.
Timothy Ross, Head of Asia Pacific Transport Research, Credit Suisse says that traffic to Japan from China has taken a hit amid the island spat between the two countries.
Vikram Pandit said Citigroup should reap benefits from acquisition-hungry Asian companies while a solution to the US “fiscal cliff” would unleash pent-up demand in the US. The FT reports.
Mad Money host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.
Jim Rogers would rather invest in Russia than the U.S. stock market, the noted investor told CNBC’s “Closing Bell” on Monday.
CHARLESTON, S.C.-- A $5 billion Savannah River container ship terminal planned since before the Great Recession may not be needed as early as projected because of the world economic slowdown.
TARNISHED GOLD: Gold fell to its lowest price since Sept. 12 after new Chinese data renewed questions about whether that country's leaders will implement more economic stimulus measures. CHINA MOVES: China said its inflation rate fell in September from August.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
Gold for December delivery dropped $22.10 to finish at $1,737.60 per ounce. China, the world's second largest economy, said its inflation rate fell to 1.9 percent in September from 2 percent in August. China's economic growth fell to a three-year low of 7.6 percent for the quarter ending in June.
Jim Rogers, Rogers Holdings Chairman, says he is not buying U.S. stocks; he sees problems ahead in 2013-2014.
Gold for December delivery fell $22.10 Monday to finish at $1,737.60 per ounce. China says its inflation rate fell in September. Analysts say that investors wonder if China will take action to help its economy.
Kim Jong-un took the reins of his poor nation 10 month ago and some aid groups say its capital has acquired more of the trappings of a functioning society, but people from this border city claim otherwise, The New York Times reports.
DEFLATING EARNINGS: India's Reliance Industries reported a 5.7 percent slide in September quarter profits from a year ago, as the company scales back investment in India's largest oil and gas fields.
Frank Aquila, Sullivan & Cromwell, offers insight on Japanese consumers and businesses.
CNBC's Simon Hobbs reports European shares closed higher on positive economic data and a warning for investors buying global bond funds, with CNBC's Gary Kaminsky. Also, an update on U.S. markets, with CNBC's Bob Pisani.