Just back from China, renowned economist Jim O'Neill told CNBC that the "incessant focus" on whether the Chinese GDP numbers are accurate "seems to be misplaced."
Noted investor and the publisher of the Gartman Letter, Dennis Gartman rubbished the latest warning on global economic weakness to come from the International Monetary Fund (IMF) saying he “paid no attention [to it] whatsoever.”
Business executive Tan Hong joined Samsung Group's China home appliance division in 1995 and was immediately impressed by the South Korean behemoth's culturally sensitive interest in Chinese consumers.
A territorial dispute with China, which has disrupted Japanese firms operating on the mainland and hurt exports, is expected to deal a significant blow to Japan’s economy, which is already losing its momentum and could contract in the fourth quarter, JPMorgan said
A small island state in Southeast Asia has come out tops in a listing of countries that boast of the richest expatriates.
The U.S. is the brightest spot in the world economy, as another global recession threatens, according to the latest Brookings Institution-Financial Times tracking index.
The European Central Bank (ECB) reassured financial markets last month that it was doing whatever it takes to end the euro zone debt crisis, now they want to hear what the ECB chief Mario Draghi will do to tackle the region’s other pressing concern - an economy on the brink of recession.
Talk that Singapore’s monetary policy will be eased soon is growing louder as the economy teeters on the brink of recession. Yet, high inflation puts the country’s central bank in a bind and its next policy move is by no means a done deal, economists say.
An economic recovery in Asia will likely be delayed until 2013, the latest batch of manufacturing surveys around the region suggest, with economists warning that any rebound remains dependent on Asia’s growth engine, China, picking up momentum.
The Australian central bank which meets on Tuesday is likely to resume its rate cutting cycle given lower commodity prices, a resilient Aussie dollar and weakening growth momentum, economists told CNBC.
Chinese equities fell to their lowest levels since 2009 this week on concerns over an economic slowdown, but Jim O'Neill, chairman of Goldman Sachs Asset Management says mainland stocks present the most exciting investment opportunity of all the BRIC markets.
Fitch Ratings on Friday lowered its 2012 growth forecasts for China and India, two of Asia’s biggest economies, citing a deteriorating outlook for the global economy.
Indonesia may miss its goal of becoming one of the world’s 10 largest economies by 2025, as it is still far from growing at the 7 to 9 percent annual rate needed to meet the target, according to the Organization for Economic Co-operation and Development (OECD).
China’s benchmark Shanghai Composite Index broke below a key support level on Wednesday, touching its lowest point in more than three and a half years, and market watchers told CNBC mainland stocks are set to suffer further losses in the coming weeks.
While China may currently have the highest number of high net worth individuals in Asia another much smaller regional economy, Indonesia, is expected to see the fastest growth in its millionaire population, according to a report by Swiss private bank Julius Baer.
Chinese growth is set to stabilize in the coming months and will slow to 6 percent in the next decade, according to new research from Barclays.
The move by Bank of America and Nomura to shed large numbers of jobs is just scratching the surface of a redundancy wave that is set to hit the banking sector, Simon Maughan, financials sector strategist at Olivetree Financial Group, told CNBC on Friday.
The U.S. Federal Reserve’s latest round of quantitative easing is not going to bring down unemployment nor put more money into the consumer’s hand, according to Stephen Roach, senior fellow at Yale University.
After bold stimulus measures by the world’s major central banks all eyes are now on China to come up with a monetary boost to bring momentum back into its slackening economy, but one analyst expects quite the contrary. He tells CNBC that the next major policy move from China will likely be an interest rate hike.
Sugar prices may soften over the course of this year, breaking ranks with the rest of the commodity market's "Breakfast Club" of corn, wheat, soybeans and cocoa, which surged to multi-month and all-time highs as dry weather ravaged crops.