SEOUL, South Korea— For the developers of the world's sixth tallest building near Seoul, a mysteriously shrinking lake and the appearance of small sinkholes in residential neighborhoods couldn't have come at a more inopportune time.» Read More
As China grapples with the surge in home prices, Vincent Lo, Chairman of the Shui On Group lays out a few options that may help ease the pressure on the nation's property market.
Allister Heath, editor at City AM, highlights that the BoE's voting system could make it harder for Mark Carney to make changes and says the recent data proves that "it's an important moment" for the U.K.'s economy.
In South Korea, pressuring employees to buy their own company's products as a way of boosting sales and manipulating profits remains a fairly common practice. The GlobalPost reports.
China Construction America has been investing in the US for 28 years. CCA's CEO says they still have to overcome distrust as it is majority-owned by the Chinese government.
Chinese IVC's bought the vitamin for $63.4 million in 2010. IVC products are in Walmart, Walgreens and RiteAid, but the goal is much bigger: selling to the Chinese consumer.
Despite all the negative headlines, Chinese investment in the US hit an all-time record in 2012: $6.5 billion. It will likely surpass that level in 2013.
Morningstar reports that Canada's banks and its housing finance agency may take serious losses if Canada's home prices decline.
It seemed as if Canada had avoided the excesses of the housing bubble that hit so many nations. But now it may be catching up.
Steve Eisman, the hedge fund manager who famously bet against mortgages in the United States, has recommended investors now bet against Canada's mortgage lenders and banks.
Allister Heath, editor at CITYAM and Hugo Dixon, editor at large at Reuters, comments on the U.K.'s economy ahead of the BoE's rate decision, and the effect monetary policy has had until now.
A plan to renovate 99-year-old Wrigley Field will be a 'great deal' for Chicago's economy, according to Cubs owner Tom Ricketts.
CNBC's Rick Santelli has the latest numbers on manufacturing and construction spending. And, CNBC's Steve Liesman, and Tom Porcelli, RBC Capital Markets chief U.S. economist, discuss the latest economic data and the Fed's impact on the markets.
South Korean construction stocks have lost almost 20 percent of their value this month, falling to levels last seen four years ago.
Housing starts have come way off their lows of late 2009, but today's ADP jobs report shows no job gains in construction. Michelle Meyer, BofA Merrill Lynch, explains why she sees more home building ahead.
CNBC's Adam Bakhtiar takes on the challenge of the daily 'Stock in 60' segment and looks at shares of Komatsu, which jumped 4 percent on strong operating profit results.
Colorado Rockies owner, Linda Alvarado, Alvarado Construction Company president & CEO, makes her pitch on jobs, construction, the economy and the business of baseball.
CNBC's Rick Santelli reports the latest numbers on the economy from the business community.
Andy Sim, Equity Research at DBS Vickers Securities predicts that the Singaporean population will grow to 7 million people by 2030 and picks the sectors that are most likely to benefit.
CNBC's Michelle Caruso-Cabrera reports the American Society of Civil Engineers says the nation would lose 3.5 million jobs if it fails to fix its aging infrastructure. Donna Cooper, Center for American Progress, weighs in.
CNBC's Michelle Caruso-Cabrera reports the latest data from the American Society of Civil Engineers show the nation could lose 3.5 million jobs due to the shortfall in infrastructure funding.