The death toll from a capsized South Korean passenger ferry rose to 25 on Friday.» Read More
China is grinding towards its slowest growth in a decade, corporate profits are in free fall and the stock market is in the dumps. But take a random sample of its people, from white-collar workers to migrant laborers, and a large number will express satisfaction with the current state of the economy. The FT reports
CNBC's Ross Westgate reports on all the market moving events from Europe, including whether Moody's will downgrade the country's credit rating to junk status.
As debate rages about whether the Federal Reserve’s aggressive asset-buying policy will revive a frail economy, some prominent central bank watchers have made it clear just where they stand on the subject.
Timothy Ross, Head of Asia Pacific Transport Research, Credit Suisse says that soaring energy prices is a core issue and is the reason for his underweight call on the sector
The UK’s plan to reform the world’s most important lending rate will guide a global drive towards more transparent and reliable pricing for everything from home mortgages and gold to heating oil, regulators said on Friday. The FT reports.
Asian equity markets, which have had a stellar rally this year with gains of more than 10 percent in much of the region, are now starting to lose their shine as the outlook for regional exports deteriorates, analysts told CNBC.
Do you ever lie awake at night, unsettled by fears that the Western world is collapsing, all while Asia's elites grow increasingly rich and hold decadent parties that you'll never be invited to?
With China approaching a leadership transition and the economy continuing to show signs of weakness, the government will likely embark on a fresh stimulus program, Dan Greenhaus, chief global strategist at BTIG, told CNBC’s “Squawk on the Street” on Thursday.
Spain is in turmoil once again and the besieged European country is closer to asking for a financial bailout, but, perhaps investors should cut Madrid some slack, analysts say.
Hong Kong's "playboy tycoon" Cecil Chao has put up a $65 million "marriage bounty" to find a husband for lesbian daughter Gigi, who is already married to her long-time female partner.
Here's a list of European countries with the most mandated paid holidays per year, according to Mercer's 62-country report "Worldwide Benefit and Employment Guidelines."
Here is a list of the top 10 countries with the most billionaires for the period between August 2011 and July 31, 2012 compiled by Wealth-X. Click to find out where the mega-rich live.
Total SA says energy companies should not drill for crude in Arctic waters, marking the first time an oil major has publicly spoken out against offshore oil exploration in the region. The FT reports.
Which Tesla has your attention right now? Is it the company that unveiled its supercharger network and promised a coast to coast set of charging stations or is it the company that warned Wall Street to expect lower revenues this year?
Consumer Reports is not recommending the high-end extended range electric Fisker Karma. In fact, the auto division of Consumer Reports says the Karma is full of flaws including a "badly-designed touch-screen system makes the dash controls an ergonomic disaster." The Karma score of 57 out of a possible 100 makes it among the poorest performing vehicles of the 311 reviewed by Consumer Reports.
Southeast Asia's most populous nation is on track to become the world's 7th largest economy by 2030, putting it ahead of the developed nations of Germany and the U.K., a new report by McKinsey Global Institute showed Tuesday.
As protests against a U.S. made anti-Islam video continue across the world, the president of Indonesia, which has the world’s largest Muslim population, seeks to reassure investors that all steps will be taken to ensure stability and promote economic growth in his country.
Almost half of China’s ultra-rich saw their wealth shrink in the past year as the Chinese stock markets slumped, according to an annual survey of the country’s 1000 richest individuals, with those in the solar and textile sectors the hardest hit.
The country’s economy continues to grow even in the face of a global economic slowdown, the country’s president, Susilo Bambang Yudhoyono, told CNBC’s “Closing Bell” on Monday.
Toyota has decided to cool off its once ambitious plans for developing electric cars.
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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.