Stocks End Off Lows; S&P 500 and Nasdaq Log Worst Week in 2013
Highlights
The United States may have the world's largest economy, but it does not even crack the top ten percent when it comes to a perceived lack of corruption, according to Transparency International. |
Wal-Mart entered India's supermarket sector in 2010 with a $100 million bet on a consultancy with no employees, no profits, and a scant $14,000 in revenue. |
Startup Village wants to help engineers develop 1,000 Internet and mobile companies in the next 10 years. It provides members with office space, guidance and a chance to hobnob with the stars of the tech industry. |
Southeast Asia's largest economy is going to implement double-digit wage hikes next year which raises the question – Is the country's position as a hot spot for foreign investment under threat. |
Pope Benedict's new handle on Twitter will be @pontifex, beating out other contenders that had been considered to showcase the thoughts of one of the world's most visible leaders. |
Dalian Wanda Group, the world's biggest owner of movie theaters, is in talks with Hollywood studios to co-produce films and is looking to buy and build hotels in U.S. cities as it eyes a $10 billion "soft power" spending spree. |
What do people want for gifts? Cool stuff! Here are the 10 hottest gadgets retailers are stocking. |
London-based Prudential PLC is riding the wave of demographic change occurring in emerging Asia, says CEO Tidjane Thiam. |
As more wealthy mainland China tourists flood Hong Kong looking to shop, its way of life is being challenged. The Christian Science Monitor reports. |
The worsening outlook for the BRIC nations – Brazil, Russia, India and China – has put into question whether these leading emerging economies can continue to power global growth. |
Newly middle-class Chinese are replacing the toddlers' traditional split pants with disposable diapers. |
The Indian rupee has tanked 13 percent since its peak in February, but one expert predicts it's in for a big turnaround. |
Beijing's new passports claim the entire South China Sea. That hasn't exactly gone over well. |
Welcome Colonel Sanders. Japan Airlines is rolling out KFC meals on flights to the U.S. and Europe. |
Sri Lanka's government is putting the island nation's Buddhist monks on a diet. |
The Indian economy extended its long slump in the quarter ending in September, with lower-than-expected growth keeping it on track for its worst year in a decade. |
Call it something of a Hobbit fixation, but Air New Zealand has turned its newest aircraft into a flying billboard for the movie "The Hobbit: An Unexpected Journey." The GlobalPost reports. |
Cloud computing is fast becoming as ubiquitous as the clouds circling the Earth. As more and more people depend on “the cloud” to store sensitive data, they also realize it isn’t perfect —and sometimes it fails because of storm surges |
After months of lackluster activity, the buzz is back in Hong Kong’s IPO market as several big companies prepare to list in this once hot destination for raising capital. |
India’s stock market has brushed aside the country’s weak economic health this year and soared some 20 percent and investment strategists are betting on further gains for the benchmark Bombay Sensex, particularly in the month of December. |
Japan is about to join Europe in the debt crisis ranks, with the two regions offering the best opportunities for investors to bet against, hedge fund manager Kyle Bass said. |
Over the last decade, domestic air traffic in India has grown from 13 million people annually to an estimated 52 million in 2011, making it the fastest-growing passenger market among major economies. Yet India’s airline industry is losing money and in deep debt, with few solutions in sight. |
Despite natural gas prices falling to near 10-year lows last week, Shell's CEO Peter Voser says demand for gas will be much higher than oil in the long term with the Asia-Pacific region driving the sector's growth. |
TK Kurien, tells CNBC that his Bangalore-based IT services firm will benefit in a challenging environment as its clients look to cut costs and squeeze out growth. |
Budget carriers in Asia, which have seen surging growth over the last decade, are now looking to tap the long-haul market. |
