DUBAI, Sept 18- Falling oil prices may prove the best medicine for economies in the Arab world, rebalancing growth towards countries struggling to recover from the Arab Spring uprisings without doing major damage to the oil exporters of the Gulf.» Read More
Commodities are the best area to invest in, as they protect against inflation and prices will rise if Asia's economies take off, Jim Rogers, CEO of Rogers Holdings, told CNBC Thursday.
Oil prices are coming down from August highs, while the Standard & Poor's 500 index is approaching levels where it will find it hard to move higher, Chris Locke, managing director at Oystertrade.com Management, told CNBC Wednesday.
Global stocks were mostly higher on Wednesday, the last day of the third quarter, with European markets locking in their best performance in nearly a decade for the period.
The US economy needs another cash infusion to kicksart consumption and longer term the US has to devalue the dollar to get out of the crisis, investor Wilbur Ross told CNBC Tuesday.
Global stocks were slightly lower in subdued trade on Tuesday, with weaker commodity shares offsetting gains in bank stocks. Experts tell CNBC to short energy companies when oil prices rise and that Japan is still cheap.
The S&P 500 could be due for an upswing toward 1,157 points in the short-term, but investor momentum is waning so a rise to that level would signal an “excellent” selling opportunity, Roelof van den Akker, chartist at ING Wholesale Banking, told CNBC.
Munich is the most attractive European city for real estate investment judging by the level of demand, surpassing London and Paris, due to its diversified economy and growing population, according to a report by LaSalle Investment Management.
The dollar has suffered heavy selling against the other major currencies in recent weeks, with the yen and euro seeing strong gains. But is the dollar weakness here to stay?
The crisis the world went through is just an appetizer for a future one because the weaknesses that created it have not been addressed, Marc Faber, author and publisher of the Gloom, Doom and Boom Report, told CNBC Friday.
The clock is ticking for Switzerland’s watchmakers – and it looks like the G20 can do something to stimulate their Christmas sales.
London and New York still hold the top spots as the world’s most competitive financial centers, but the economic crisis has seen Asian cities such as Hong Kong and Singapore surge up the rankings, according to the Global Financial Centres Index.
The price of gold continued to push above $1,000 per troy ounce Tuesday, as weakness in the dollar helped to bolster the precious metal, along with various other dollar-denominated commodities.
Oil would only fetch half of its current $70-a-barrel price tag if investors focused just on market fundamentals, but betting against further rises in the commodity is a risky business, Johannes Benigni, managing director at JBC Energy told CNBC Tuesday.
Derivatives caused the market Armageddon of recent years and if left unchecked by global leaders, the same market could cause another catastrophe, Mark Mobius, executive chairman of Templeton Asset Management, told CNBC.
Asian economic growth is becoming increasingly driven by international consumers and this will eventually make the Asian market much more profitable than the West, according to Puru Saxena from Puru Saxena Wealth Management.
North Korea has shut down its largest wholesale market because of its apparent concern that big markets spread capitalist influence, a South Korean monitoring group said Monday.
The price of gold continued to give back some of its recent gains Monday and slipped below the psychologically important $1,000 level to its lowest price in almost a week.
The dollar is clearly stuck in a downward trend as it takes over from the yen as the carry-trade currency of choice, but if the trend continues it faces a “fully-fledged dollar crisis,” Robin Griffiths, technical strategist at Cazenove Capital, told CNBC.
Young foreigners are coming to China to look for work in its unfamiliar but less bleak economy, driven by the worst job markets in decades in the United States, Europe and some Asian countries.
The United States will have an "unusual" economic recovery, with sharp growth in the third quarter, but overall a modest bounce back in 2010, former Honeywell chief executive Larry Bossidy told CNBC Friday.
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