China's Finance Ministry said on Saturday that the U.K. and Switzerland had been formally accepted as founding members of the Asian Infrastructure Investment Bank.» Read More
The first half of this year may have ended on a somber note for global mergers and acquisitions (M&A) and it was no different for Asia. Deal volumes were down almost 30 percent on year across the region. But according to one analyst that doesn't mean there aren't good investment options for companies out there.
Top Olympics officials questioned whether it was appropriate to allow fast-food chain McDonald’s to continue sponsoring the games amid mounting concern about the global obesity crisis, the International Olympic Committee president has admitted, the Financial Times reports.
While global investors have shunned European equities this year, fund managers tell CNBC they are beginning to grow their exposure to the region’s battered stocks, with expectations of a pick-up in the second half of the year.
Richard Yetsenga, Head of Global Markets Research at ANZ says while Europe is moving in the right direction, weak data out of the U.S. means EU policymakers have less time to work through their problems. He forecasts that the euro will continue to weaken from here.
John Noonan, Senior FX Analyst at Thomson Reuters says that the Euro, instead of the Japanese yen, is now the funding currency for carry trade.
Ready for some good economic news? Don't ask the currency strategists at Barclays Capital.
Bears may be prowling in the currency markets today, but this strategist thinks risk appetite could rebound - and he has a trade ready.
Tim Seymour, EmergingMoney.com, explains how fears about Europe are likely to affect next week's earnings reports in the U.S.
U.S. stocks continue to outperform emerging markets, but in recent weeks emerging markets have picked up steam, with Tim Seymour, Emergingmoney.com.
Italy is back in the spotlight as the focus for market concerns once again, with bond yields higher than Ireland’s and increasing concern about the political situation in the euro zone’s third-largest economy.
"Nobody can imagine, whether you're in a business or any kind of situation, where you would go into this kind of uncertainty without a plan," says Jim Nussle, Growth Energy president & COO, discussing economic maneuvering in Washington and whether the government has the ability to create jobs. Also, tracking economic trends related to political policy, with Steven Davis, Chicago Booth School of Business.
CNBC's Kelly Evans reports on all the market moving events from Europe, as Central Bank measures fail to boost investor confidence, and RBS pulls out of Tibor, Japan's version of Libor.
Mr. Murdoch has never been particularly impressed with Mr. Romney, friends and associates of both men say. The two times Mr. Romney visited the editorial board of The Journal, Mr. Murdoch did not work very hard to conceal his lack of excitement. “There was zero enthusiasm, no engagement,” said one Journal staff member who was at the most recent meeting in December the New York Times reports.
Royal Bank of Scotland has pulled out of the panels that set Tibor, Japan’s version of Libor, amid a global probe into alleged manipulation of interbank lending rates by traders at investment banks, the Financial Times reports.
Google hired a top official from a UK government agency charged with investigating the company, a report reveals, Global Post reports.
While it was big news when the Barclays chairman, Marcus Agius, resigned Monday over his bank’s role in the Libor rate-fixing scandal. Less noticed was his other resignation that same day, the New York Times reports.
Arsenal’s second-biggest shareholder has attacked the English Premier League football club’s management after its star player decided not to renew his contract when it runs out at the end of the 2012-13 season, the Financial Times reports.
Greece’s new government has dropped a plan to seek softer terms for its second bailout following warnings that it would be rejected by international lenders, the Financial Times reports.
Pfizer sued over generic Lipitor delay; Seagate sees shares slip on weak revenue; speculation mounts over Yahoo CEO short list.
Gillian Tett of the Financial Times says markets may be headed for another "summer curse" and she points to five reasons why.
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Under new laws, people who live in London can share their home for up to 90 days without a permit. James McClure of Airbnb joins CNBC to discuss.
With the Nigerian public heading to the polls shortly, Manji Cheto, political risk analyst at Teneo Intelligence, talks about what to expect.
European equities closed mixed Friday, trading cautiously after heavy losses, as investors dismissed concerns over the growing political conflict in Yemen.