China is losing competitiveness to lower-cost producing countries like Vietnam and Indonesia, which is pressurizing its manufacturing sector, says Stanley Szeto, Chairman & CEO of Lever Style.» Read More
Vasu Menon Vice President, Wealth Management Singapore at OCBC Bank says that Beijing is adamant to restructure the economy and will therefore, not resort to stimulus measures anytime soon.
Crude fell sharply on Wednesday, with U.S. oil ending the session barely above $105 as weak China data renewed concerns over demand growth.
Caterpillar reported a lower quarterly profit on Wednesday and cut its outlook for full-year earnings.
Jake Bronstein says he's discovered a largely untapped vein of demand for premium, American-made men's underwear.
Ford Motor, reported better-than-expected second quarter earnings, as strong U.S. pickup truck demand and growing sales in China offset narrowing losses in Europe.
Economic activity in the euro zone expanded in July, purchasing managers index (PMI) readings showed on Wednesday, marking the first uptick for business activity since January this year.
Boeing posted better-than-expected second-quarter results on Wednesday, helped by a 15 percent jump in commercial aircraft revenue.
China's weak manufacturing data may trigger fresh stimulus measures from the government as Beijing looks to defend its 7.5 percent annual growth target, say economists.
Weaker-than-expected Japanese export numbers on Wednesday suggest that even a strong boost from a weak yen may not be enough to protect exporters from slowing demand in China.
John Woods, Chief Investment Strategist at Citi Private Bank is still overweight China and expects official PMI numbers for July to be positive.
China's factory activity shrank for a third straight month in July, a HSBC private survey of Chinese manufacturers showed on Wednesday.
Mitsuibishi Motors is expected to post a profit of $160 million for the quarter ending in June. The weaker yen helped improve margins on its exports and lifted profits. The Nikkei's Sachiko Kishida reports.
Carol Roth, the author of "The Entrepreneur Equation," discusses whether Detroit's bankruptcy is a warning sign for other cities; and Lanny Davis, author of "Crisis Tales"; Jennifer Stefano, Americans for Prosperity PA state director; and Mark Simone, WOR Radio talk show host, weigh in.
General Electric posted a decline in profit and revenue on weakness in its finance unit, but its order book rose, sending shares up 2.4 percent in early trading.
Jeremy Stretch, head of FX strategy at CIBC, comments on Detroit filing for bankruptcy, which he says, reflects the shift away from traditional manufacturing in the U.S.
Factory activity in the mid-Atlantic region expanded in July at its highest pace since March 2011 as employment and shipments picked up.
Legendary short seller Jim Chanos argued that a slowdown in mining is going to cut into Caterpillar's earnings faster and deeper than investors expect.
Finnish mobile maker Nokia shipped fewer phones than forecast in the second quarter, despite a 32 percent rise in sales of its flagship Lumia smartphone.
Treasury Secretary Jack Lew shares his thoughts about financial reforms, Fannie Mae and Freddie Mac, and how well Bernanke handled the economy during the economic crisis, with CNBC's Steve Liesman.
The figures haven't been kind to China lately. Gone are the days of double digit growth, trade data have weakened, credit markets have overheated and fears of a housing bubble remain. But despite the bearish headlines, the long-term picture for China looks quite good and a slowdown might actually be healthy, according to HSBC.