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
The unexpected contraction in China's factory activity in May has heightened the risk of a further slowdown in the second quarter, after the economy grew at its slowest pace in three years over January to March, said economists.
Singapore's economy grew unexpectedly in the first quarter of the year but the manufacturing sector remains weak.
Ford said on Thursday it is closing its two Australian auto plants and will cease production in the country in 2016.
The problem for Korea had seemed obvious: the won has climbed by a third against the Japanese currency, in theory allowing Japanese companies to undercut Korean competitors and carry home more yen.
Ford, General Motors and Fiat announced they will cut back on summer shutdowns at factories as they set production goals higher, with the "Fast Money" traders.
China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary survey of purchasing managers showed, adding to concerns that a recovery in the world's second-largest economy is sputtering.
Millions of Americans have walked away from GM, Ford and Chrysler because of quality, reliability and service problems. But times are changing in Detroit.
After 123 days being grounded and then repaired to ensure its battery systems do not catch fire, Boeing 787 Dreamliners are about to once again make commercial flight in the United States.
The former Vice Chair of GM, who holds a leadership role with VL Automotive, is teaming up with Wanxiang Group, a Chinese auto parts supplier, in a bid to buy the ailing Fisker.
Exports rose less than expected in April from a year earlier due to weak demand, underscoring the limitations of a weak yen in bolstering the trade sector.
The low-cost advantage that China once enjoyed (at least in the East Coast cities called the Gold Coast) is starting to fade.
Dell reported earnings that fell far shy of market forecasts but revenue came in better than expected. Shares were little changed after-hours.
CNBC's Michelle Caruso-Cabrera reports on a Chinese company that plans to manufacture products in the United States and then sell them to Chinese consumers. And, Thilo Hanemann, Rhodium Group, discusses how the Chinese are making more direct investments in the U.S.
Michael Spence, 2001 Nobel Laureate in Economics, explains the complexity of the economic relationship between the United States and China.
A Bangladesh factory where Wal-Mart Stores and Inditex inspectors spotted cracks in the wall this month is still making Wrangler shirts for the world's largest apparel maker, U.S.-based VF Corp.
New car registrations increased by 1.8 percent to 1.08 million vehicles last month, marking the first rise since September 2011.
Foxconn has made substantial progress toward improving safety at its three Chinese plants, but it has not yet reduced the average workweek to the maximum allowed by Chinese law. The New York Times reports.
Overtaking Apple as the world's leading maker of smartphones has stretched Samsung's in-house supply lines, and the South Korean firm is now courting some of its rival's main parts suppliers.
Japanese core machinery orders jumped a bigger-than-expected 14.2 percent in March in a sign a weaker yen are making companies more confident about investing in equipment.
As American defense companies prepare to feel the ill effects of the sequester on their bottom lines, the companies are increasingly looking to court new customers abroad.