Euro Zone Flash Composite PMI 48.9, Highest Since March 2012
Highlights
A victory by former prime minister Nawaz Sharif in Pakistan's general election has lifted stocks to an all-time high - a sign that investors, which include Goldman Sachs and Mark Mobius of Templeton, are betting on further market gains. |
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? |
David Beckham is retiring from soccer after the season, ending a career in which he become a global superstar since starting his career at Manchester United. |
Hong Kong was in shock and deep sadness last night as revelations of the demise of the now-famous "Rubber Ducky" came to light, as the local media were swamped by pictures of Ducky listing mournfully on his left side. |
As fashion houses look to Asia, CNBC investigates the latest designs at Singapore's fashion week. |
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. |
These five CNBC Disruptors are making health care more accessible and less expensive: 23andMe, Audax Health, Castlight Health, Ginger.io, and ZocDoc. |
First milk, butter, coffee and cornmeal ran short. Now Venezuela is running out of the most basic of necessities - toilet paper. |
Mercedes-Benz is digging in and putting more features into its redesigned flagship S-Class sedan. This is not just another ultra-luxury sedan. |
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. |
An Air India jet was diverted to Bhopal after the pilot was locked out of cockpit, forcing the co-pilot to make an emergency landing. The GlobalPost reports. |
Japan's radical monetary policies has created the most volatile government bond market in the world, analysts say. |
Gold imports into the world's largest consumer of the precious metal surged 138 percent in April, widening the already ballooning current account and trade deficits. But, economists say this could be a one-off. |
On the first episode of CNBC.com's "It's a Trip," the Norwegian Cruise Lines CEO talks about the most exclusive areas of their newest ship, the Breakaway. |
Nominated by venture capitalists, industry analysts, and beat reporters, CNBC has created the ultimate list of 50 innovators disrupting the marketplace. |
Chinese-owned companies are investing in American businesses and hiring experienced engineers and designers in an effort to soak up the talent of domestic automakers and their suppliers. The New York Times reports. |
The world's wealthy are pouring more of their fortunes into prime vineyards, and brokers say demand is rising for raw acreage as well, prompting Christie's to start a new real estate service. |
The media industry is under attack. There isn't a silo within media where an incumbent is safe from the power of disruptors to rapidly and thoroughly upend the established order. |
Gold is a "classic bubble" and could go drop to $500 an ounce, Fortress Investment's Michael Novogratz tells CNBC. "Once bubbles pop, they go all the way down," he says. |
Hong Kong's beloved giant rubber ducky has met a rather unceremonious end in the city's harbor. |
Standard Chartered's asset quality is deteriorating and investors are miscalculating risk in the loan book of the British lender, according to Carson Block, founder of U.S.-based short seller Muddy Waters. |
The world's largest auction houses will host "blockbuster" sales of contemporary art this week, as buyers' tastes shift away from pre-19th century "Old Masters", a fine art expert told CNBC. |
Communities making and selling. Social sharing as shopping. Retail is invoking the rhetoric of democratization. Introducing CNBC's Retail Disruptors. |
A new willingness to spend among the growing affluent class in India has lured high-end automakers to India. But driving supercars there can be a challenge.The New York Times reports. |
Virgin chief executive Richard Branson made his debut as a female flight attendant this weekend, donning a stewardess' uniform and serving drinks to passengers after he lost a bet with a fellow airline magnate. |
Fisker Karmas, which sold new for $103,000 just a year ago, are now being sold for roughly half that price. In some cases, the model can't even fetch eBay bids above $50,000. |
Even as China gets serious in fending off speculative inflows, analysts tell CNBC the measures taken by Beijing will do little to derail a strengthening Chinese currency. |
Hong Kong in the first quarter kept its crown as having the world's highest rent for prime retail properties. |
Two companies with major operations in India were the weak links that opened the door to a $45 million global cyber heist brought to light by U.S. authorities this week. |
Are investors in Britain and beyond beginning to put their money into sporting memorabilia that isn't as vulnerable to market movements? |
Most Popular Video
No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Wednesday, 19 Jun 2013 | 10:52 AM ETCNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 11:36 AM ETAre reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.