Industrial production rose as a bounce back in motor vehicle assembly lifted manufacturing output, a hopeful sign for the economy.» Read More
Iron ore exports to China from Australia's Port Hedland, a bellwether for Chinese industrial activity, surged 25 percent in December from the previous month to a record level, shipping data showed.
As firms like Foxconn shift factories away from higher-cost centers, they are discovering that workers in new locations across China are not as abundant as they had expected, prompting multinationals and their suppliers to use millions of teenage students from vocational and technical schools on assembly lines.
Major automakers reported U.S. auto sales in December that were broadly higher on Thursday. Although most topped estimates, Toyota's sales fell short of expectations.
The vast U.S. services sector in December grew at its fastest clip in 10 months, boosted by a rise in new orders. A separate report showed that new orders received by U.S. factories were flat in November.
Airplane and helicopter maker Textron popped yesterday, and option traders are betting that it will keep gaining altitude.
CNBC's Rick Santelli has the latest results on purchasing and factory orders. And, CNBC's Steve Liesman dives a little deeper into this morning's jobs report.
Dubai International Airport opened the world's first concourse designed specifically to handle double-decker Airbus A380 aircraft, which seat about 500 passengers.
U.S. sales of warplanes, anti-missile systems and other costly weapons to China's and North Korea's neighbors appear set for significant growth amid regional security jitters.
Growth in China's increasingly important services sector accelerated in December at its fastest pace in four months, adding to signs of a modest year-end revival in the world's second-largest economy.
While there are bound to be many surprises at CES this year, there are some new products slated to launch that are already stealing the spotlight.
Following a year tainted by heightened economic uncertainty, the world's second largest economy is setting itself up for a positive 2013, say analysts, pointing to China's latest economic data and stellar equity market performance.
The slowdown in euro zone factory activity deepened in December as new orders tumbled, a business survey showed on Wednesday, suggesting the economy may have slipped further into recession in the last quarter of 2012.
South Korea's manufacturing sector expanded in December for the first time in seven months but new export orders fell, a private survey showed on Wednesday, underscoring a still fragile recovery in Asia's fourth-largest economy.
Steven Sun, Head of China Equity Strategy, HSBC believes Chinese markets will fare well in 2013 in line with the accelerated pace of reform and economic growth recovery.
Annual growth of China's industrial profits quickened to 22.8 percent in November from October's 20.5 percent, official data showed on Thursday, reinforcing signs of a steady economic recovery thanks to pro-growth policies.
Thai exports in November rose nearly 27 percent from a year earlier, as expected due to flooding in late 2011, and global demand remains soft, which means the country's policy rate is likely to stay low to help the export-driven economy.
ArcelorMittal, the world's biggest steelmaker, will sell a $1.1 billion stake in a Canadian iron ore mine operator to a consortium that includes South Korean steelmaker POSCO and Taiwan-listed China Steel Corp, China Steel said in a statement.
Toyota Motor expects its global production to hit 8.7 million vehicles in 2013, nearly the same as the 8.74 million vehicles it expects to have produced in 2012, the Japanese automaker said on Wednesday.
China's factory activity in December probably expanded at its fastest pace in eight months, reinforcing signs of a steady recovery in the world's second-largest economy underpinned by pro-growth policies.
Poor Japanese manufacturing data on Friday gave new Prime Minister Shinzo Abe more ammunition to push for big spending and easy money to salvage the world's third largest economy from decades of deflation and its fourth recession since 2000.