The market for iron ore has been in decline since 2011, but things may be looking up for the steel-making ingredient. » Read More
Hackers in China broke through the computer defenses of the U.S. Chamber of Commerce last year and were able to access information about its operations and its 3 million members, the Wall Street Journal reported on Wednesday.
With the slowdown in commercial building in the United States, some American developers are planning projects in China, hoping to capitalize on an immense, increasingly urbanized market with a rising middle class. In recent years, annual consumer spending has been growing by about 18 percent.
It has been nearly a week since police and local officials fled the village of Wukan after its 13,000 residents revolted over the death of a well-liked villager and an allegedly corrupt land deal. The New York Times reports.
In March, Nike, for the first time in five years, missed analysts’ expectations and its stock plummeted more than nine percent on a single day. The company couldn’t achieve the margins it wanted because of the high costs of making and shipping its shoes and clothes.
In a move that could change the entire dynamic on the drive to economically isolate Iran’s regime, one Chinese company has done the unthinkable, and chosen to voluntarily stop pursuing new business activities in Iran.
Euro gets a lift, Sweden gets a cut - it's time for your FX Fix.
European shares slide as the ECB's Draghi says nothing about bond buying in speech. The ECB's Constancio says a euro zone breakup is unthinkable. Spain's incoming PM wants to reduce the deficit by $21.6 billion. Saab plans to liquidate after a Swedish court accepts its bankruptcy application. Oil stocks fall on weak economic recovery. And ratings agency Fitch says it's skeptical about Europe's ability to tackle its debt crisis. With Keith McCullough, Hedgeye Risk Management.
Officials announced new rules aimed at controlling the way Chinese Internet users post messages on social networking sites that have posed challenges to the Chinese Communist Party’s propaganda machinery. The New York Times reports.
Given the Yuan's recent weaknesses, the currency is posting its biggest gain in two months versus the dollar. Discussing what to expect from the Yuan in 2012, with Greg Salvaggio, Tempus Consulting senior vice president of capital markets.
A look at why China's government may ride to the rescue if the economy faces a macro malaise, with Tim Seymour, Emergingmoney.com founder.
U.S. futures are up following yesterday's gains. European shares rise, led by mining stocks. Fitch downgrades Goldman Sachs, Deutsche Bank, Credit Suisse, BNP Paribas and Barclays. The euro is off its 11-month low. Italian PM Monti faces a confidence vote on a 33 billion euro austerity package. And gold rebounds while crude stays steady. In Asia, better-than-expected U.S. economic data lifts the markets in a mixed session.
An extended bank holiday in the European Union to halt a steep market fall, a third party candidate winning the race for the White House, and 50 European banks being nationalized are just a few of Saxo Bank's "outrageous predictions" for 2012.
Ephrem Ravi, Head of Metals & Mining Sector, Asia Ex-Japan Equity Research at Barclays Capital says there is over-capacity in the steel industry, though value investors may find bargains in some steel stocks.
European markets have a mostly green day after upbeat U.S. economic data -- insurance stocks are among the day's best performers. Credit Agricole falls after Fitch downgrades its long-term rating. Italy calls for a Friday confidence vote in effort to speed up austerity passage. And the IMF's Christine LaGarde says the world economic outlook is "quite gloomy" and requires action by countries outside the EU. Henry McVey, KKR head of global macro and asset allocation, discusses his investment strategy for a tu
Taking advantage of abundant energy in the nation, such as wind and solar, and making profits, with Hemant Taneja, General Catalyst Partners managing director.
Dunkin Donuts announces its 10,000th store opening in China. Insight on the global brand's expansion, with Nigel Travis, Dunkin Brands CEO, who reveals some of the unique menu items for the China store.
The economic crisis threatens to increase protectionism as governments think more on a national than an international level, Pascal Lamy, Director General of the World Trade Organization (WTO) told CNBC Thursday.
China is stealing online information from the United States and feeding the data to homegrown companies, said Michael Hayden, Former Director of the Central Intelligence Agency at the Black Hat Technical Security Conference in Abu Dhabi on Wednesday.
Yum! Brands, the operator of KFC, Pizza Hut and Taco Bell, plans to become the McDonald’s of China, blanketing the country’s second and third-tier cities with its fast-food restaurants over the next decade, according to its chief executive. The Financial Times reports.
Jonathan Barratt, Managing Director at Commodity Broking Services talks about why there have been sharp falls in gold even though there are still buyers.