China’s bank “monopoly” should be broken up, Jiang Jianqing, Chairman of the country’s largest lender ICBC told CNBC, adding that a more “diversified and competitive” environment would help improve the efficiency and management of the whole industry.
China needs to open up its markets further to improve global trade and create a level playing field, U.S. Trade representative Ron Kirk told CNBC’s "Worldwide Exchange" Thursday.
Bo Xilai was toppled amid accusations his wife arranged the killing of a British businessman, but hidden wiretapping may have been another reason party officials turned on him.
The Federal Reserve is doing more harm to the U.S. economy than good by keeping interest rates artificially low and continuing its "monetary medicine", Peter Boockvar, portfolio manager and equity strategist at Miller Tabak told CNBC.
Treasury Secretary Timothy Geithner discusses his support for President Obama's recovery efforts and shares his views on economic fixes, European austerity and China's economy.
Doug Oberhelman, Caterpillar chairman and CEO discusses his company's earnings report, an outlook on China's economy and construction activity in the U.S.
“When you think about it just from a fiscal standpoint, the developed markets, the large markets, look kind of scary and the growth markets actually look pretty appealing from a risk perspective,” Jon Beinner said.
Big movements in the price of oil can have significant effects on the economy, and countries with the most oil within their borders are set to benefit, as demand for crude continues to rise.
Apple now accounts for 36% of all profit growth for the S&P 500 this quarter, but Walter Piecyk, BTIG Research analyst explains why he downgraded the company ahead of its earnings. Stephen Volkmann, Jefferies analyst, also discusses his 'buy' rating on Caterpillar.
China's second-largest mobile phone operator, China Unicom, posted a big jump in its first quarter earnings, helped by robust data demand, but one analyst tells CNBC he prefers the market leader China Mobile.
The red-hot profit growth enjoyed by Chinese banks in recent years will slow sharply in the first quarter of 2012, industry experts tell CNBC, but add mainland lenders remain an attractive investment opportunity given their cheap valuations.
Hyundai and Kia are looking to boost sales in a slowing, but crowded, China car market by positioning themselves as quality brands.
The markets may be hoping the Federal Reserve will signal further easing at the end of its policy meeting, but experts tell CNBC, Bernanke is unlikely to follow through with more easing. Rather, some economists say, rates are headed higher before the end of 2014.
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.
CNBC's Julia Boorstin reports that the SEC and U.S. regulators are investigating major movie studios' alleged inappropriate dealings with Chinese government officials.
Lew Frankfort, Coach Chairman and CEO, discusses his company's earnings results and appeal to Chinese consumers.
With each passing SEC suit against a once high-flying U.S. traded Chinese company, it becomes striking how pervasive the alleged fraud was in some of these companies.
Walk into the BMW Beijing Huadebao Auto showroom and you quickly see why China has become a huge focus for the German luxury automaker.
A Dutch bond sale reassures, but investors are looking for havens - it's time for your FX Fix.
Better-than-expected quarterly earnings from Texas Instruments overnight points to the fact that the tide has turned for global chipmakers, one analyst told CNBC Tuesday, who now expects strong revenue growth for many Asian chipmakers as well.