AIG sold a chunk of its stake in China's PICC for $1.25 billion, joining other big financial companies in stepping away from holdings on the mainland. » Read More
"DRJ" on Tuesday said someone is making a very bearish call on this prominent retail name.
President Obama is set to unveil the administration's agenda for the third year of his term and what most business leaders are looking for is for a shift in rhetoric. The first two years of the administration were focused on highlighting business excesses and painting the ills of the economy as directly the result of greed and corruption. Business has been an easy target.
Asian stocks climbed on Tuesday after a strong session on Wall Street which saw the Dow Jones Industrials finishing 20 points shy of 12,000.
This is a transcript of top stories presented by China's CCTV Business Channel as produced by CNBC Asia Pacific.
Rising food prices are probably a threat to your portfolio. Because they mean slower world growth at a time when the recovery is still patchy.
The President is likely to push for new spending on infrastructure, education and technology. The Republicans are going to oppose any new spending and the House Budget committee meets today to lay out their framework for limiting federal government growth.
Government policymakers in Davos this week looking to revive growth might want to emulate global mutual-fund managers, who are having no trouble finding growth stories across the developing world and in pockets of developed markets.
Though the US-China relationship often dominates the geopolitical trade debate, Beijing is now the top trading partner for Japan, Australia and South Africa, as well as South Korea, Hong Kong and Taiwan.
Political and business leaders invited to the World Economic Forum's annual meeting in Davos this week will sift through the blessings and curses of global interdependence that not only brought the world’s economies to a collective low three years ago but also provide the only realistic return to prosperity
Global leadership in the sector is still fragmented—the U.S. China, Brazil and Israel can all lay claim in certain fields—but there's no doubt the sector’s center of gravity is moving slowly from the developed economies to the emerging markets.
After decades of boom to bust behavior, economies from Mexico to Brazil are looking dynamic, diverse and durable, helped by a wealth of natural resources and a good measure of fiscal discipline.
See if you could your own at the meeting of economic, business and political leaders.
In his State of the Union Address, President Obama will ask for political comity. Quite a switch from two years ago, when he pronounced elections have consequences and used his majorities in Congress to push through new regulatory and spending initiatives with few concessions to Republicans.
General Motors says it sold more cars and trucks in China last year than it did in the U.S. for the first time in its 102-year history.
Asian stocks were higher on Monday on mild bargain buying after a sell-off last week.
Following a succession plan laid out years ago, President Hu Jintao will pass the baton to his presumed successor, Xi Jinping, now China’s vice president. The New York Times reports.
President Obama warned President Hu Jintao that if China did not step up its pressure on North Korea, the U.S. would have to redeploy its forces in Asia to protect itself, a senior administration official said. The NYT reports.
Zhang Xin, co-founder and CEO of Beijing's largest real estate developer, SOHO China, shares her outlook on China's property market amid the country's tightening policies, and whether the country's property bubble is at risk of bursting.
A number of people, myself included, have looked to Ronald Reagan’s Cold War triumph over the Soviet Union as a possible solution to Red China’s rising arrogance. Times are different today. But Reagan argued forcefully that domestic economic growth is the best weapon against foreign threats.
If you were forced to choose a single word in which to encapsulate the collective obsessions of China's ruling elite you could do worse than to pick this one: Stability.