Chinese president Xi Jinping has targeted retired Chinese Communist Party leader Zhou Yongkang in an extraordinary corruption inquiry.» Read More
There are a number of articles out overnight all pertaining to China actions in their economy and in their approach to the rest of the world.
Reversing its role as the world’s fastest-growing buyer of United States Treasuries and other foreign bonds, the Chinese government actually sold bonds heavily in January and February before resuming purchases in March, according to data released during the weekend by China’s central bank.
Goldman Sachs, JP Morgan, Citigroup and our parent General Electric report earnings this week. Goldman Sachs rumors of a secondary are rampant ahead of the earnings report tomorrow
President Barack Obama said Thursday millions of Americans can save money by refinancing their homes and taking advantage of record low rates on fixed mortgages.
Global stocks rose Thursday, ahead of the long Easter weekend, as governments and central banks take concerted efforts to restore economic growth.
The president returned to Washington in the early hours of Wednesday morning, bringing his lengthy debut on the world stage—including his first stop in a war zone as commander in chief—to a close.
Last night I had the great honor of interviewing legendary Manhattan district attorney Robert Morgenthau regarding his office’s role in uncovering a rogue Chinese operation charged with selling weapons of mass destruction to Iran.
Quantitative easing measures and monetary policy in the United States will kill the dollar quickly unless there are balances to it as a global currency, Zhu Min, executive vice president of the Bank of China told CNBC Wednesday.
Global stocks fell Wednesday, tracking Wall Street's overnight slide, as poor earnings from Alcoa sparked concerns about other corporates. Experts tell CNBC that despite the volatility, there are still "amazing" opportunities out there.
There is a re-occurring theme that is permeating solutions to the global malaise. As the old doctor's saying of "heal thyself" goes, leaders across the globe are pursuing policy that has healthcare as a major tenet for their plans.
Global stocks eked out small gains Tuesday ahead of the start of the U.S. corporate earnings season, which aluminum producer Alcoa kicks off later. Experts expects the first-quarter earnings to be a doozy for most American companies.
China announced Monday the outlines of a thorough reform of the health care system that pledges to provide improved services to all citizens by 2020, tackling a critical issue that has become a major source of public dissatisfaction.
President Barack Obama sought on Monday to rebuild ties with Turkey, a Muslim country with growing clout whose help Washington needs to solve confrontations from Iran to Afghanistan.
Global stocks and the euro gained Monday as hopes that the economic downturn is nearing its bottom spurred demand for riskier assets. Experts tell CNBC they see long-term value in the euro and gold, while they see short-term value in the dollar and stocks.
The Democratic-controlled Congress Thursday approved budget blueprints embracing President Barack Obama's agenda but leaving many hard choices until later and a government deeply in the red.
Back in the good old days — early 2007 — bankers from Merrill Lynch, Deutsche Bank and other financial giants placed their bets on a 48-year-old property tycoon who was supposed to be China’s next billionaire.
A leading Chinese exchange traded fund is on the rise, and traders are bullish on its options as well.
While most Asian markets closed higher Friday on the back of the G20 summit optimism and a rally in tech stocks, European markets were lower ahead of the March U.S. jobs report. Economists polled by Reuters expect a decline of 650,000 jobs.
The US dollar will remain the world's reserve currency for a while and it is probable that the world economy will start growing next year, with China, Brazil and India among the first to bounce back, billionaire investor and currencies expert George Soros told CNBC.
It seems that China’s stimulus package might already be working some magic.