Three months after hackers working for China's army went silent, they appear to have resumed their attacks on U.S. companies using different techniques. The NYT reports.» Read More
A global solution is needed to tackle climate change and the inclusion of the United States in any agreement is vital, European Commission President José Manuel Barroso president, told CNBC Europe.
French President Nicolas Sarkozy told world leaders on Thursday that China should adopt international currency exchange norms and open its internal markets to foreign companies, a French source said.
Toyota Motor said sales in China jumped 87% in May, driven by the popular Camry sedan, and it was discussing a second car factory with Guangzhou Automobile in anticipation of continued strong growth in demand.
Michael Morris, chairman of Business Roundtable’s Energy Taskforce and chairman and CEO of American Electric Power, told CNBC’s “Street Signs” that a world-wide plan is needed to attack global warming.
U.S. Treasury Secretary Henry Paulson said that some agreements made in recent economic talks with China will help create the basis for moving towards a market-determined currency exchange rate, but stressed the effort was a long path of small steps.
China's central bank is keeping a close eye on inflation after a recent spurt in the price of pork, eggs and other food, Zhou Xiaochuan, governor of the People's Bank of China, said on Tuesday.
Stocks prices are soft ahead of the opening after a tumultuous night in Asia which ultimately left markets there higher. Investors are also watching comments from Fed Chairman Ben Bernanke on housing and the economy made to a South African monetary conference this morning.
To University of Maryland business economist Peter Morici, the disadvantages resulting from U.S. trade with China are clear enough: China's 24% tariff on imports for one, and the United States' $6 trillion external debt resulting from imports for another.
Stocks are weaker ahead of the open despite a round of Monday morning mergers. Asian markets were higher, ignoring another selloff in China overnight, and European markets are lower.
China said on Monday its response to the threats of climate change must give overriding priority to economic development as the nation seeks to balance ambitions for growth with fears of environmental calamity.
The buzz in Asia has been about China tripling stamp duties on stock trades. And if there is any truth in the latest rumors swirling around, a capital gains tax on shares is on the horizon, though Chinese officials have been quick to dismiss it. The same officials who on May 22 denied rumors of an increase in stamp tax, which was announced just a week later. The dust will have plenty of time to settle over the weekend. Expect Chinese markets to continue hogging everyone’s attention throughout the upcoming week.
Union-backed critics of Wal-Mart Stores Inc. are using a made-in-America campaign started by late founder Sam Walton in the 1980s to attack the global retailer for buying heavily from China.
Stocks are looking higher this morning after markets worldwide rode the wave of Wall Street's record-setting session yesterday. Wall Street was greeted this morning by merger news involving one of its own. Wachovia is buying Midwest broker A.G. Edwards for $6.8 billion, ranking the combined firm as one of the Street's biggest brokers and giving a big endorsement to the prospects for the retail brokerage and asset management businesses.
The chief financial officer of Baidu.com told CNBC that the China-focused Internet search firm is in the initial phases of a long-term growth story.
All eyes have been on China as the engine powering the strong growth of international stock funds. However, according to Lipper, the fund sector that has posted the best returns in the year-to-date period has a decidedly Latin flare.
Despite big declines in China's stock market on Wednesday, market pros say the region remains a solid long-term investment.
The Chinese authorities decided to raise stock trading stamp duty to 0.3% starting on Wednesday from the current 0.1%, a move seen as a bid to clamp down on the overheated market.
There are many ways to play the Chinese market -- both directly and indirectly -- but a lot depends on your risk tolerance.
Rob Lutts, founder and chief investment officer of Cabot Money Management, told CNBC’s “Squawk on the Street” that China is now an established economy. “I think it’s a misnomer to call these ‘emerging economies,’ ” Lutts said. “China has arrived. It has a tremendous foundation for growth.”
An overnight selloff in the Chinese market caused the Shanghai Composite Index to fall 6.5%, just one day after hitting all-time highs. Marc Pado, U.S. market strategist at Cantor Fitzgerald, and J.J. Burns, president of J.J. Burns & Company, joined CNBC’s Mark Haines on “Morning Call,” to discuss whether the exuberance that has driven China’s stock rally will evaporate and hurt global markets.