Rescuers searched for hundreds of people still missing after a South Korean ferry capsized more than 24 hours ago.» Read More
The latest apparent target of Muddy Waters – Olam International – saw its stock plummet after the short-seller was quoted in media reports questioning the accounting practices of the Singapore-based commodity trading firm. But the revelation has left many market analysts scratching their heads.
In a week where U.S. President Barack Obama has made Southeast Asia the center of his first post-election trip overseas, upbeat economic news highlights another reason why the region is gaining in prominence globally.
Financial markets are back in risk mode amid optimism that a deal will be done to avert a U.S. “fiscal cliff” of looming tax hikes and spending cuts. Even news of France being stripped of its much-coveted triple-A credit rating is unlikely to put a dent in stock market gains, analysts told CNBC.
Hugh White, Professor of Strategic Studies, Australia National University says Obama's swing through Southeast Asia re-affirms his commitment to the region while bringing to light the rivalry between the U.S. & China.
A week is a long time in politics, as the old cliché has it, but for Japan’s Sunrise party four days was a whole lifetime. The FT reports.
Obama's visit to Cambodia, like his trip to Myanmar, brings the issues of human rights and democracy to the diplomatic fore. The Global Post reports.
Gurdeep Singh Chadha was one of India’s most powerful businessmen, a liquor and real estate baron whose influence was intertwined with his money. Known as Ponty, he was a mysterious figure, described in the media as an “invisible man,” even as his political influence protected him. The New York Times reports.
President Barack Obama flew into Myanmar on Monday, becoming the first U.S. head of state to visit the country - a former pariah state that has taken the world by surprise with speedy political and economic reforms in the past year after five decades of military rule.
Fan Cheuk Wan, Head of Research, Asia Pacific, Credit Suisse Private Banking says the region's domestic-driven cyclical sector is attractively priced and will benefit from growth in Asia.
Fan Cheuk Wan, Head of Research, Asia Pacific, at Credit Suisse Private Banking says a solution to the U.S. fiscal cliff will likely curb the outflow of North American equity funds, but she sees a sustained momentum and flow of funds into emerging markets and Asian equities.
Barack Obama will arrive in Bangkok on Sunday, the first leg of a three country tour that will include bilateral talks with Thai prime minister Yingluck Shinawatra and the first visit by a sitting US president to Myanmar. The FT reports.
I’ve talked with more than a few veteran auto analysts who think GM shares should move higher strictly on fundamentals. At the same time, they point out GM is not seen as a typical stock.
Let's be honest. Has ANYONE in the history of sport had a career like Wayne Gretzky? Here's what the prince of the puckheads thinks of the lockout, which is threatening to scuttle an entire season.
CNBC's Kelly Evans reports on all the market moving events from Europe, including
Yet another change of leadership in Japan and the prospect of more aggressive monetary easing have sent the safe haven yen tumbling to a six-month low and currency strategists tell CNBC the days of a strong yen may finally be over.
Singapore’s property cooling measures may have impacted home sales, which have plummeted in the Southeast Asian city-state, but analysts say don’t expect prices to follow suit.
Few industries matter more to China’s 1.3 billion population than real estate. Will the new leadership make a difference?
Pawan Goenka, President, Automotive & Farm Equipment Sectors at the Mahindra Group talks about the challenges and opportunities in India's electric vehicle space.
Tony Nash, Managing Director, IHS says the 10 percent on-quarter contraction in Singapore's manufacturing sector is due to a decline in technology, pharmaceuticals and weak European demand.
Penelope Prime, Director, China Research Center & Professor, Institute of International Business, Georgia State University says that China's new leaders will not likely make any radical changes anytime soon.
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David Frigstad, Chairman of Frost & Sullivan, says Japanese firms are "aggressively" pursuing changes in their corporate culture after missing out on previous global opportunities.
Jeffrey Halley, Senior Manager at Saxo Capital Markets, describes the factors impacting the rupee in Thursday trade.
Richard Gelfond, CEO of IMAX, explains why the firm is still seeing "great appetite" for its theater in the mainland.