The Chinese government is planning for private businesses and market forces to play a larger role in its economy, in a major policy shift to make China an even stronger competitor on the global stage. The NYT reports.» Read More
Billionaire George Soros reduced his holdings of exchange-traded products backed by gold prior to last month's freefall.
This is a link to an NBC News story.
A wealthy Chinese businessman hired a crew to smash his Maserati with sledgehammers to protest poor customer service, but the story is similar to another incident. Is this a trend or a stunt?
The head of Societe Generale's Russian unit Rosbank faced up to seven years in jail for bribery on Thursday after Russian investigators released a film of him with cash piled on his desk.
Dubai Police appear to have secured a rare Bugatti Veyron to add to its supercar fleet, making headlines over the last few weeks. Police Chief Dhahi Khalfan Tamim tweeted a picture of the 1001 horsepower car on his verified account.
Samsung has become the "undisputed king" of the Android smartphone industry, creating more profit from the software than Google, according to new research.
Just six months after a heady re-election, President Obama's second-term dreams have collided with second-term reality: scandals and foreign setbacks. The NYT reports.
Some of the most popular small SUVs have failed critical crash tests that simulate a common and deadly front end collision.
The president's investment decisions are sensible even to a fault, with a largest position in U.S. Treasuries.
Russia is set for 10 years of anemic growth, according to economists, who said the slowdown is predominantly due to low investment and structural factors.
Some market watchers say they are starting to spot something that they haven't seen for a while: sellers moving back into stocks.
Cisco shares jumped after the firm beat on earnings, citing signs of improvement. "I am a little surprised," one trader said, as it was a tough quarter for other networking firms.
The weaker-than-expected Malaysian GDP figure for the first quarter prompted analysts to revise their growth forecasts downwards, even as a recent election win by the country's ruling party sparked optimism about the country's outlook.
Thursday's economic reports featured mostly bad news, with housing starts plunging and jobless claims rising while inflation remained under control.
To really take the shine off the euro, policymakers need to show they are serious about pushing rates into negative territory.
While growth in the world's third largest economy, Japan, surpassed expectations in the first quarter, an important pillar of growth was missing: revival in capital spending.
Gold investment nearly halved in the first quarter as a brighter view of the U.S. economy prompted investors in the West to favor other assets like stocks over bullion.
Shinzo Abe's economic policies may be aimed at bolstering Japan's manufacturing groups, but the country's banks are suffering an Abenomics ordeal. The Financial Times reports.
Japan's economy grew at a faster than expected pace in the first quarter, led by robust private consumption and a rebound in exports on the back of the government's radical policies to reflate the economy.
Singapore Airlines, caught between the rapid emergence of Gulf carriers and low cost Asian rivals, is attempting a big strategy overhaul to revive growth.
Rallies have to end sometime for sure, but history suggests the current one doesn't have to end anytime soon.
Hong Kong's Hang Seng stock index may be one of Asia's laggards, but Morgan Stanley reckons the market is poised to more than double to 50,000 by the end of 2015.
The yen's recent weakness is not hindering the luxury carmaker Lexus International's plans to invest overseas.
The silver chart shows that those who are wishing for a rise in the gold price will be disappointed.
The collapse of the Aussie below parity against the U.S. dollar is not the start of a downtrend for this resilient currency.,
This chartist says the recent rally in the Dow Jones Industrial Average is not likely to lose steam any time soon.