An explosion shook a chemical plant in an industrial zone in China's Dongying, in Shandong province, shortly before midnight on Monday.» Read More
Chinese central bank chief Zhou Xiaochuan acknowledged on Sunday that a bubble in the country's stock market was a concern and said the central bank was monitoring asset prices along with inflation.
Robert Levitt, president and chief investment officer at Levitt Capital Management, told CNBC’s “Morning Call” that inflation, not a slowing economy, threatens to trip up the bull market.
The European Union said Tuesday that it has asked to participate in World Trade Organization talks over Chinese copyright and trademark policy initiated last month by the administration of U.S. President George W. Bush.
The Save Darfur Coalition has turned its attention to Berkshire Hathaway and Fidelity Investments in the struggle to end the strife in Sudan -- whose government was accused of committing genocide by the Bush Adminstration and the European Parliament. The coalition's executive director, David Rubenstein, joined "Power Lunch" to tell why investment companies may accomplish more than politicians in the pursuit of justice.
Chinese Web search leader Baidu said on Thursday its first-quarter net income rose 143%and revenue should double in the current quarter, sending shares up 21% in after-hours trade.
Shares in China CITIC Bank rose 21% in their Hong Kong trading debut and surged more than two-fold in Shanghai on Friday after its US$5.4 billion IPO, the world's largest this year, drew heavy investor demand.
Zachary Karabell, chief economist at Fred Alger Management, told CNBC’s “Closing Bell” that a good way to play the current bull market is to “buy what China is buying on all scores.”
Andrew Liveris, Dow Chemical’s chief executive officer, reiterated on CNBC’s “Squawk Box” that the company isn’t for sale. “We’re not for sale and we’ve had no discussions about a sale,” Liveris said Thursday. “We’ve had a tremendous amount of rumors, which have been very distracting.”
On “Closing Bell,” Russell Read, chief investment officer of the $225 billion-dollar California Public Employees Retirement System (Calpers) and Christopher Ailman, chief investment officer at the $163 billion-dollar California State Teachers’ Retirement System (Calsters), joined CNBC’s Maria Bartiromo at the Milken Conference with the big-money view on the Dow’s record run.
Edward Yardeni, president Yardeni Research, told CNBC’s “Morning Call” that sound fundamentals and an international economic boom will drive the market higher.
At last week's Shanghai Auto Show, the GM CEO got an up-close view of the latest trend in the auto business -- cheap cars for developing markets. Oh make no mistake; this is not a trend that Wagoner is just stumbling upon. He's known about it for some time, and in some ways, General Motors is testing out the idea of selling "mini" cars -- with presumably a rather low price point. We'll talk more about that in a bit.
Citigroup, HSBC and two other foreign banks on Monday officially began offering local currency retail banking services to customers in mainland China, aiming to woo potential clients with better services than local lenders usually provide.
Deloitte Touche Tohmatsu, one of the big four accounting firms, expects to more than double its staff in the greater China region to 20,000 by 2015, its chief executive said.
Beijing will probably continue to let the yuan rise only at a modest rate amid concern that a faster pace could hurt exporters and attract speculators, a top adviser to China's leadership said.
Now the world's fourth largest economy, China presents opportunities and obstacles for the U.S. Trade and human rights are thorny issues but the free market potential is vast.
Treasury Secretary Henry Paulson said Friday that China was not moving quickly enough on currency reform, and said he hoped high-level talks next month would produce results.
Celeb comedienne Judy Gold needs help--she's in 7th place, down from 6th after once being in 2nd! (she prefers to remember that day). So, Judy made a visit to The Solaris Group and talked with managing partner Tim Ghriskey. (the firm may never be the same again). It seems she tried a new strategy--shedding tears in order to get the right picks. Here's the video of her day at Solaris.
Hey everyone, guest blogger Jeff Mishlove is here with his picks for this last day of the trading week. We'll get right to his thoughts: Wednesday’s picks illustrated the principle (I’ve often emphasized on CNBC’s “How to Win” program) that the short-squeeze strategy is productive of large moves in both directions. Of course, I am not privy to inside information, so if the earnings report is below expectations, we can see a large downward move..
Time to put back Jonathan Tucker's photo in the blog post as the actor has pushed out poker champion Chris Moneymaker from the top spot in Trading With The Stars. Jonathan is now followed by fellow actor Stephen Collins in 2nd. Moneymaker lost on Cubist Pharma which fell 7.46% Thursday. It's a close race between the top 3, with only....
Henry Kravis, founding partner of Kohlberg Kravis Roberts, didn't want the cameras to be rolling on his speech at the Committee of 100's "Bridge to Change" conference yesterday. But we were taking notes, on some very interesting comments not just about private equity in China, but about what he calls "the golden age" of private equity globally.