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The rich-poor divide continues to plague Chinese growth, but some have found a way to climb out of the poverty pit by unleashing their entrepreneurial spirit. Eunice Yoon reports.
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Qantas Airways says it is canceling and delaying dozens of flights because of a strike by its ground workers and engineers. The Australian carrier says 8,500 domestic and international passengers will have their flights disrupted by Friday's strikes. Qantas says 39 flights will be delayed and two flights canceled.
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The Chinese renminbi was a more popular currency for company bond sales than the euro for the first time in the third quarter, underlining the debilitating effect of the eurozone’s sovereign debt crisis, while China has nurtured its own, potentially huge bond market. The Financial Times reports.
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CNBC's Bertha Coombs has the rundown on Thursday's market action, and a look at how to protect your portfolio amid market volatility and global recession fears, with Alan Valdes, DME Securities; Michael Farr, Farr, Miller & Washington; and Jim Lacamp, MacroPortfolio Advisors.
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Mad Money host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.
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Jon Najarian, OptionMonster.com has the volatility trade on stocks as we head into the fourth quarter.
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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.
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In this market, whenever you get some good news Fast traders Guy Adami and Steve Cortes say sell it - be nimble, take the money and run.
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Economists at Citigroup have again cut their global gross domestic product forecasts for 2011 and 2012 as growth prospects “continue to deteriorate quickly.”
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Overseas demand for coal could be a job creator in the U.S., says Tom Scholl, CEO, Keystone Industries, who says if coal miners could get permits overseas, the increase in exporting could create jobs.
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Falling copper prices signal recession but its fortunes could turn in Q4, says Soozhana Choi, Head of Commodities Research - Asia at Deutsche Bank.
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Mad Money host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.
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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.
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Banks are being discouraged from big project-finance deals by new global capital rules and the eurozone crisis, according to market participants, who say infrastructure schemes will increasingly be funded by investors. The FT reports.
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China intends to suspend some military exchanges with the U.S., in the first concrete sign of the fallout from Washington’s decision to provide a $5.9 billion arms package to Taiwan. The FT reports.
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Virginie Maisoneuve, head of global and International Equities at Schroder Investment Management, says that for the next 12 months we are going to see continued volatility as a result of global economic rebalancing.
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In the aftermath of China's recent high-speed train collision, citizens have lashed out at the government's handling of the disaster on weibo, the Chinese version of Twitter. The NYT reports.
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Mad Money host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.
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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.
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Insight on why Molycorp's stock has taken a huge hit as investors express concern about supply of rare earth minerals from China, with Mark Smith, Molycorp CEO.
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Reading news from Washington DC, while spending a week in China, it seems to me that some members of Congress are backing policies that would make America much more like China — without any of the economic benefits.