*Chinese firm said to now have enough cash to pay off $64.5 mln bond. SHANGHAI, July 23- A troubled Chinese construction company avoided a landmark bond default at the last minute on Wednesday, raising enough funds to pay off both principal and interest on a 400 million yuan bond, people directly involved in the matter told Reuters.» Read More
Data from the US housing market has not made for nice reading in recent months but one analysts believes the worst could well be over and that if you take a closer look at the data prices are stabilizing.
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China's government has got an ambitious plan to divert trillions of gallons of water from the Yangtze River to quench the thirst of the millions of Chinese in the country's north plain. But the expensive plan is raising a lot of eyebrows. The NYT reports.
The question now is how much economic growth may slow, before the authorities shift from controlling inflation to revving the growth engine. The NYT reports.
Although it hasn't made sense lately, Cramer sees the market making a shift.
More than two months after natural disasters struck Japan, the country can finally rebuild, prompting a shift into industrial names.
Use this opportunity to buy stocks at a lower price than where they should be.
The buyers’ market for vacation homes is likely to continue for years, with activity largely limited to buyers with enough cash to circumvent a tighter, post-recession lending environment.
A month after the tsunami ripped apart the north-east coast of Japan, 36 families from Rikuzentakata have become the first to shift their few possessions into temporary housing, a move that marks a new beginning but also reinforces anxieties about what lies ahead. The FT reports.
More than 11,000 extra staff are forecast to be employed by banks and financial services firms across London over the next three years despite fears about regulation and taxation, reflecting renewed confidence in the capital and the wider economy.
Finding Qatar on a map may be as difficult as learning how to pronounce the country's name. But analysts say that shouldn't stop investors from targeting the small desert nation—as long as they understand the business culture .
Mad Money host Jim Cramer interviews crane and food service company Manitowoc's CEO Glen Tellock. The company has had a good run, but may have more in the tank, in large part because of the rebuilding that needs to take place in Japan.
Cramer looks at what's behind the market's recent rally.
CNBC's Diana Olick has an update on the real estate market, including a plunge in February new home, inventories at an 8.9 month supply, and mortgage and refi applications up 2.7 percent in the last week.
The Lightning Round is extended in this CNBC.com exclusive feature.
PIMCO CEO Mohamed El-Erian shared his thoughts on Japan's economy, following the tragic earthquake and tsunami that hit that nation Friday. El-Erian wrote that five factors will dominate the economic outlook, as the whole world is hoping the tragedies will soon give way to stories of rescues and recovery of a society that is suffering enormous pain and disrupting uncertainties.