The PBOC announced on Saturday that it will widen the daily trading band for the yuan to 2 percent from the official midpoint effective March 17.» Read More
China's central bank signaled on Wednesday it was prepared to change its monetary strategy to fend off inflows of speculative capital.
National Australia Bank added to bumper bank earnings on Thursday with a 3.1 percent rise in first-half cash profit, propelling combined earnings at Australia's "Big Four" to a record high.
News Corp. earnings beat expectations as strength in cable offset offset declines in publishing and education. Shares rose after-hours.
Morgan Stanley's David Darst has six boxes on his bear market checklist, and none of them are filled in yet.
McDonald's said on Wednesday that April sales at its established restaurants around the world declined 0.6 percent amid tough competition to attract frugal diners who are shopping around for the best deals.
Exchanges and broker dealers are developing a plan to prevent the next Knight Trading catastrophe.
Wish to catch a snooze at the airport? Abu Dhabi Airport has just the solution with new "GoSleep" pods, where chairs with sliding shades convert into an egg-shaped cocoon.
Ferrari is capping production this year. The stated reason: status protection. But what's the reality? Some experts think it may be a sign of lower demand for the luxury car.
Coca-Cola will make its caloric and nutrition content more widely available around the world.
Trade numbers for China showed an unexpected increase in imports and exports, leading analysts to question whether the numbers were "misleading."
A global economic slowdown hasn't had much impact on this resilient market as people continue to turn to alcohol in good times and bad. We look at the top 10 countries with the highest alcohol consumption.
Stronger-than-expected U.S. jobs data, an unexpected rise in German industrial orders and now better-than-forecast China trade numbers. The outlook for the world economy is brighter than it was a month ago, analysts say.
The long-term impact of rising unemployment among the young could be felt for decades, according to the International Labor Organization, which estimates that 73.4 million young people will be out of work in 2013.
Toyota Motors refuses to be tempted away from its low-risk growth strategy, even as the world's bestselling carmaker met its mid-term profit goals.
Standard Chartered said on Wednesday its first quarter operating profit was likely to be slightly lower than a year ago as an increase in hiring, and wages, pushed up costs.
Stocks aren't in bubble territory as yet, but a "huge rally in risk assets" over the next two years puts markets in danger of a big crash, Nouriel Roubini said.
The bond markets will crash once global central banks stop buying debt, in a financial crisis much worse than the one seen in 2008, strategist David Roche told CNBC.
Japan's benchmark stock index rose to its highest level in five years on Wednesday, taking its gains this year to just over 35 percent. Time to turn cautious? Perhaps not, say analysts.
China's exports rose 14.7 percent in April from a year ago, beating expectations and possibly easing some of the concerns about weakness in the country's economic recovery, though doubts remain over the strength of real demand.
The Reserve Bank of New Zealand on Wednesday said it had been selling New Zealand dollars on the currency market to limit its strength.
CNBC's Catherine Boyle and Roger Nightingale, Economist and Strategist at RDN Associates, discuss latest news from Barclays' plans to overhaul the structure of its investment bank.
Roger Nightingale, Economist and Strategist at RDN Associates, explains why he thinks China's gross domestic product (GDP) may come in well below 7 percent.
Radhika Rao, Economist at DBS, explains her 5 percent forecast for India's February wholesale price index (WPI) and what her estimate may mean for the Indian central bank if it is correct.