India's economy grew at a faster rate than its Chinese counterpart for a second straight quarter, but concerns remain over the government's new way of calculating its data.» Read More
China's factory-gate inflation inched up to 8.2% in May, nearing a four-year high, suggesting that any moderation in consumer inflation in coming months may be limited.
The State Administration of Foreign Exchange, an arm of China's central bank, has agreed to invest more than $2.5 billion in the latest fund being set up by U.S. private equity firm TPG Capital, the Financial Times reported on Wednesday.
The consumer across the world is under considerable pressure. Record oil prices, the credit crunch and inflationary pressures all appear to be taking their toll on people’s willingness to spend. We got some better data from the UK on Tuesday, but the trend across Europe has been weak since the turn of the year, and many of the big players are beginning to become very worried.
Vietnam effectively devalued its currency by 2 percent, according to the Asian Wall Street Journal, to bring official exchange rates closer to black market rates. Consumer prices rose 25 percent in May year over year. Vietnam has been raising rates recently to lower the inflation rate.
Futures are lower this morning, as Ben Bernanke reiterated what two other Fed officials said yesterday: that the Fed would strongly resist higher inflation, implying that rate hikes might come sooner than expected.
Plus, what's wrong with these Brazil stocks lately?
Tough talk today between Israel and other nations could be another reason behind oil’s surge. Get the international perspective from Tim Seymour!
Plus, two more international stock picks from Cramer.
The release of Apple's next-generation, 3G mobile device will usher in a new chapter of big-time growth for the company.
Did they take advice before they launched B&Q stores in China? If they paid for it they should ask for their money back.
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There are obviously some positive aspects to the cleansing and rejuvenating performed by efficiently-managed capital. And Chinese managers will do well taking that message on board -- but when western bankers start invoking the impressive powers of leveraged equity, let us hope they are given less attention.
China Merchants Bank, the country's sixth-largest bank, has agreed to buy control of Wing Lung Bank in a deal that values the small Hong Kong lender at $4.66 billion, beating out Australia and New Zealand Banking Corp for the tie-up.
China Telecom and its state parent will pay more than $14 billion to buy a wireless network owned by the China Unicom group, entering a lucrative mobile arena in the first deal reached under Beijing's sweeping overhaul of the world's largest telecoms industry.
China's manufacturing sector slowed last month for the first time since January as export orders and domestic investment both weakened, an official survey showed on Sunday.
Oil prices rose to more than $127 a barrel on Friday as a drop in the dollar drew in investors seeking to hedge against the weaker greenback.
High prices in the commodities markets have more to do with supply and demand than trader speculation, says Michael Sutherlin.
Oil prices dropped over $4 to below $127 a barrel as concerns about global energy demand and strength in the dollar countered a big decline in U.S. stockpiles last week.
U.S. handbag maker Coach says the China region will make up over 4 percent of its turnover by 2013 as it expands into 100 cities across the country over the next 10 to 15 years, betting its increasingly well-heeled consumers will demand more brand-name products.
Production at global miner Rio Tinto will increase as global demand for commodities continues to soar, while prices are likely to continue rising, the company's CFO Guy Elliott told "Squawk Box Europe" on Thursday.