China’s first corporate debt default in at least 17 years has sparked fear that China’s ‘Lehman’s moment’ is fast approaching.» Read More
According to this expert the rally in gold over several years was based on a misunderstanding, which is only now getting cleared.
New house prices in 70 major cities rose by an average of 4.3 percent in April from a year earlier, accelerating from 3.1 percent in March. The Financial Times reports.
Exports rose less than expected in April from a year earlier due to weak demand, underscoring the limitations of a weak yen in bolstering the trade sector.
Kyle Bass hopes he is wrong, and so may everyone else, as the danger predicted by the founder of Dallas-based Hayman Capital is nothing less than a full blown financial crisis in Japan. The Financial Times reports.
The H7N9 virus appears to have been brought under control in China largely due to restrictions at bird markets, but caused some $6.5 billion in losses to the economyy.
Sony shareholders will be able to gauge CEO Kazuo Hirai's response to activist investor Dan Loeb's proposal to break up the company when he gives an update on his revival strategy at a press briefing on Wednesday.
Alan Bowman, Regional VP for Interactive Entertainment Business at Microsoft Asia Pacific, explains why the company thinks its new game console product can take a bigger space in consumers' living rooms.
A proposal to cleave the roles of chairman and CEO at banking giant JPMorgan Chase was defeated in a narrow shareholder vote on Tuesday.
Apple's CEO is disputing assertions that the company evades billions of dollars in U.S. taxes by shifting profits to foreign affiliates.
BlackRock has bought private-equity real estate fund MGPA in a deal that boosts its presence in Asia and continental Europe.
What Warren Buffett once called "financial weapons of mass destruction" are firing again, with securitization and shadow banking at post-crisis highs.
As investors and analysts size up Yahoo's latest $1.1 billion acquisition, it is worth reflecting on the GeoCities deal, which has many similarities, the NYT reports.
Australia's dollar has received its fair share of whacking lately and perhaps it's time to give the currency a bit of a break, currency strategists say.
The low-cost advantage that China once enjoyed (at least in the East Coast cities called the Gold Coast) is starting to fade.
Some of Asia's most successful entrepreneurs confess to their most common mistakes.
The big divergence over the past few months in the direction of the S&P 500 and copper, which historically trade in tandem, has one strategist questioning which market is getting it wrong.
Reports that China may step up the diversification of its huge foreign exchange reserves is not great news for U.S. Treasurys, already under pressure from talk about an easing in the Fed's bond-buying program.
Australia's central bank felt it needed to cut interest rates at its May meeting because the economy was still growing at a below-potential pace and inflation was not a threat, minutes showed on Tuesday.
Nearly every rich country has gone through a "T-shirt phase" — an economic period in which poor farmers work in textile and apparel factories. Bangladesh is at the beginning of the race. The New York Times reports.
The silver chart shows that those who are wishing for a rise in the gold price will be disappointed. The silver downtrend will continue and gold will follow.
Rajiv Biswas, Senior Director and Asia-Pacific Chief Economist of IHS Global Insight, says a political resolution, rather than an interest rate cut by the Bank of Thailand, would be the real solution to Thailand's economic woes.
With a global recovery on the way, Daphne Roth, Asia Equity Strategist at ABN AMRO Private Banking, says Japan, a late cyclical player, will be able to leverage it, while a weaker yen will provide a further boost.
Analysts continue to question whether bitcoin will be recognized as a currency or remain a payment mechanism. CNBC's Julia Wood reports.