Failure to ratify the U.S.-led pact won't fix the real problems underlying American anxiety over jobs, Michael Froman says. » Read More
Significant oversupply in the shipping market has contributed to the Baltic Dry Index (BDI) falling by 71.87 percent over the last two years, but one expert told CNBC he believes market conditions will improve in the next few years.
Investors turning to the still-expanding BRIC economies of Brazil, Russia, India and China should be aware that these countries remain exposed to risks – including internal conflict and the impact of climate change – which could undermine their potential for attractive returns, a new report by global analysts Maplecroft warned on Monday.
Beijing’s hopes of orchestrating next month’s election for Hong Kong’s chief executive were unraveling on Friday, undone by allegations that its Favored candidate had built an illegal wine cellar. The Financial Times reports.
Chinese shoppers have become a fixture of the luxury retail scene in the US and Europe, drawn by much cheaper prices than at home. But many upscale brands have yet to bond with China’s million millionaires. The Financial Times reports.
The Chinese central bank's move to boost economic growth by cutting the reserve requirement ratio (RRR) by 50 basis points over the weekend, for the second time in almost three months, is part of its "fine-tuning" of monetary policy, say analysts who expect more such easing in 2012.
A new agreement widening access in China to films from around the world, effectively guarantees, at least for the foreseeable future, that only Hollywood’s most fantastic enterprises will be admitted to China on a favored basis, since those dominate the premium formats specified in the trade deal.
The world’s top oil exporter, Saudi Arabia, appears to have cut both its oil production and export in December, according to the latest update by the Joint Organizations Data Initiative (JODI), an official source of oil production, consumption and export data.
Today DreamWorks Animation unveiled a partnership to do just that, with the “if you can’t beat ‘em, join ‘em” strategy. It’s partnering with China’s leading media companies: China Media Capital, Shanghai Media Group and Shanghai Alliance Investment to launch a new company called “Oriental DreamWorks.”
Liew Mun Leong, CEO, CapitaLand Group, says while residential property prices in China may fall 10-20% this year, Beijing will not allow the real estate market to collapse.
Chinese officials have issued a stark warning over growing water shortages, saying the situation is worsening every day and that more than two-thirds of cities have a water shortage. The Financial Times reports.
David Novak, Yum! Brands CEO, discusses his company's 42% operating profit from China, and the secret behind Yum! Brands success in emerging markets, with Mad Money's, Jim Cramer.
Global hedge fund assets are off to a fairly good start this year, with a total of $2.01 trillion in assets under management, and a global median up 1.52 percent since January 1 — according to Deutsche Bank's Monthly Hedge Fund Trends Report February 2012.
DreamWorks Animation attracted bullish option activity after reports that it will enter a joint venture with two Chinese media groups.
Demand for gold hit an all-time high in 2011 as European, Indian and Chinese demand soared.
China's central bank warned in its quarterly monetary policy report that the country still needs to be on guard for inflation, but analysts say, further monetary easing is on the cards, which could boost equity markets this year.
China drew $10 billion in foreign direct investment in January, data showed on Thursday, down 0.3 percent from a year earlier for the third consecutive month of annual declines as a shaky world economy sapped inflows.
A Chinese trade delegation signed agreements with U.S. grain companies on Wednesday to buy 8.62 million metric tons of soybeans from the United States and will ink more deals on Thursday for a record-setting purchase topping 12 million metric tons.
DreamWorks Animation and two state-owned Chinese media groups are due to unveil a new joint venture when Xi Jinping, China’s vice-president and heir-apparent, travels to Hollywood to endorse greater co-operation between the U.S. and Chinese media industries on Friday. The FT reports.
Master Lock, which is getting a visit by President Obama, recently brought back 100 jobs from China. Is it possible that factory work is back after a decade of decline? Don't hold you breath, says the executive director of the Alliance for American Manufacturing.
US Futures point to a higher open for Wall Street after a mixed trading session yesterday. European stocks rose on Wednesday following better-than-feared GDP figures for Germany and France, and as debt-stricken Greece appeared to be nearing a political consensus on painful budget cuts. In Asia markets rose on Greece while comments from China's central bank governor saying Beijing would continue to invest in euro zone government debt aided sentiment.