Five Chinese Navy ships are sailing in international waters in the Bering Sea off Alaska, the Pentagon said.» Read More
Risk appetite falls as Italian bond auction disappoints - it's time for your FX Fix.
Foreign and domestic distressed debt funds expect a big supply of bad loans to come on to the market in China after at least five years in which banks largely sat on their portfolios of troubled loans. The FT reports.
China has again outshone the U.S. as the top venue for initial public offerings despite steep share price falls on the mainland and Hong Kong stock markets, highlighting the shift in global financial activity from west to east.
CNBC Contributor Michael Farr with his ten predictions for the New Year.
Goldman Sachs reports Brazil, Russia, India and China may have peaked. Joyce Chang, JPMorgan head of emerging markets and global credit research weighs in.
Italy manages a bond sale and the U.S. scolds Japan - it's time for your FX Fix.
Unlike in other nations, where automakers are leading the push for electric vehicles, in China the effort is being led largely by one of the country’s most powerful industries — the state-run electric companies that operate the national power grid. The New York Times reports.
CNBC's Mary Thompson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
It will be "a very complex year across the board" in 2012, with a "slow, painfully but upward, U.S. economy, slowly improving labor markets and 2 percent to 2.5 percent GDP growth, predicted Evercore Partners Chairman Roger Altman. Overlaying this will be next year's "close and quite fascinating" presidential election.
Yield on the Italian 10-Year is up some 7% ahead of Thursday's bond auction, with CNBC's Melissa Lee, Bob Pisani & Carl Quintanilla.
Euro worries persist, the pound is weighed down, and the Swiss are shopping overseas - time for your FX Fix.
It is going to be a very complex year across the board, says Roger Altman, Evercore Partners, who adds that the U.S. will see slow growth in areas of employment and enormous risk and volatility posed by Europe, and some developing uncertainties on China's growth.
Tony Nash, Managing Director, IHS Global Services says Japan, together with the U.S., has criticized euro zone leaders for not having the ECB as the "backstop for all sovereign debt." He adds that the first half of next year will be rough for Europe, China and the U.S.
At least 625,000 small, locally run villages in China frequently suffer the same sorts of injustices that prompted the outburst this month in Wukan. The New York Times reports.
The global markets. European stocks rise to a two-week high, although volume is extremely light heading into the holiday. Moody's keeps Austria's AAA rating with a stable outlook. Ten-year Italian bonds remain near 7 percent -- Italy will hold a series of bond auctions next week. Greece must decide whether it will take a 70- or 50-percent haircut. And a decision on European downgrades will come in January, according to S&P. With Dan Greenhaus, BTIG chief global strategist, and Stephen Weiss, Short Hill Cap
U.S. jobs data lifts risk-sensitive currencies and liquidity drains from the market - it's time for your Friday FX Fix.
There may be around 70 million Christians in China, but they are emphatically not the reason why you cannot walk down a street in Beijing at the moment without bumping into a Christmas tree, or having “Jingle Bells” blared at you from a storefront.
Some manufacturers are shifting production abroad, but many have found few developing countries can match China’s infrastructure and efficiency. The FT reports.
Fast Money trader, Tim Seymour takes a look at the best plays in emerging market next year.
Euro bears are on the prowl. Here's how to sell the single currency and get a bigger bang.