Jiang Lu is the proud owner of a 450 square foot apartment. She invested her life savings and took advantage of easier mortgages to buy her new home.» Read More
The yuan, which saw its biggest weekly jump in 2½ years last week, is set to continue on its appreciation path, say strategists.
China will manage its property sector at a local level as it seeks to avoid either a slowdown that undermines the economy or a surge in prices.
Two key questions dominate Twitter's initial public offering: where will it list, and how much will it float?
Wall Street banks have hired children of Chinese officials in the hopes that they can open doors and secure deals in the world's fastest-growing economy.
Industry heavyweights -- in finance, technology, real estate, media -- weigh in on the one issue, innovation or event they think will change the world in 2013.
India's BSE Ltd, the former Bombay Stock Exchange which has lost market share to rivals, has chosen 14 banks for a share offering planned for the first half of 2013.
The recent wave of cyberattacks targeting major U.S. banks has cast doubt onto the effectiveness of security infrastructure within the online banking sector. Though worrisome, there is a potential beneficiary set to gain from this threat, explains one analyst: the cyber security industry.
A unit of Bank of America's non-U.S. wealth management business could fetch $1.5 billion to $2 billion, reports CNBC's Kate Kelly.
The wealth and population of high net worth individuals surpass 2007 pre-crisis levels in nearly every region last year, according to the report just out from Merrill Lynch. Details with John Thiel, Merrill Lynch president and CNBC's David Faber.