The South Korean coast guard said on Wednesday more than 300 people were unaccounted for missing from a ferry sinking off the southwest coast.» Read More
A looming fiscal problem in the U.S. is now identified as the top tail risk for investors, marking the first time in 17 months that Europe’s debt crisis was not seen as the biggest concern for fund managers, a monthly survey by Bank of America Merrill Lynch shows.
We're not talking about the Persian Gulf. It's the South China Sea where China and Vietnam are on a collision course that could result in higher commodity prices and far worse.
Ford in the U.S. continues to grow profits and profit margins with a steady cadence of new and re-designed models. That will be the focus this fall even as reporters pepper Mulally with questions about his succession plans.
Anti-Japanese protests over a group of uninhabited islands in the East China Sea escalated further Tuesday on the anniversary of Japan’s 1931 invasion of China. Click for scenes.
A look at key facts and figures about the Mexican economy.
Brazil, Russia, India and China, collectively known as the BRIC countries, will be key to success for truck manufacturers as competition continues to intensify in the industry and Europe remains volatile, one of Daimler's board members told CNBC Tuesday.
Japanese auto and tech companies risk having their credit ratings downgraded if the dispute between Asia’s two biggest economies is prolonged, Fitch Ratings cautioned on Tuesday.
As trade tensions between the U.S and China heat up, with both countries filing complaints to the World Trade Organization (WTO) on Monday, experts say the grumbling is no more than posturing in a politically important year for Beijing and Washington and should fizzle out eventually.
It was classic American political theater in Ohio. President Obama, campaigning hard to win votes in a state where one out of every eight jobs is connected in some fashion to the auto industry, chose today to announce the U.S. has filed a trade case with the World Trade Organization against China.
Some Japanese firms like Panasonic and Canon shut down factories in China on Monday after violent protests over a territorial dispute, but regional strategists say the disruption to business will be short-lived as the two trade partners cannot afford to let the situation get out of hand.
Chinese billionaires lost almost a third of their combined wealth in the past year as Asia’s mega rich experienced the biggest drop in their total net worth compared to anywhere else in the world, a new study shows.
The Obama administration plans to file a broad trade case at the World Trade Organization in Geneva on Monday accusing China of unfairly subsidizing its exports of autos and auto parts, a senior administration official said late Sunday, in a move with clear political implications for the presidential elections less than two months away.
Indian stocks are getting a boost after the government stunned markets last week with a slew of aggressive steps to revive the economy. But India watchers warn that the rally could be short-lived, unless Prime Minister Manmohan Singh shows resolve and follow through with the unpopular measures.
The Great Recession of 2008/09 delivered the worst blow to the global economy since the 1930s. But in a few nations, 2012 is turning out to be worse than 2009 in terms of economic growth. The Christian Science Monitor reports.
The U.S. unemployment rate of 8.1 percent is probably double that number when you include a host of measures of the jobless rate that are not included in the official data, one professional tells CNBC.
The U.S. Federal Reserve is widely expected to announce a third round of quantitative easing (QE3) later Thursday, but it is unlikely to result in huge capital inflows into Asia, the Bank of Thailand’s Governor Prasarn Trairatvorakul told CNBC.
Brazil, Russia, India and China – together termed BRICs have been an investment disaster and were a marketing-led concept , according to John-Paul Smith, emerging markets equity strategist at Deutsche Bank.
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The big challenge at Ford remains the mounting losses in Europe. They're already more than $500 million this year and could eventually reach $1.5 billion this year.
The rally in the dollar overnight following upbeat U.S. economic news may well mark the start of something currency strategists say they have not seen for some time – the dollar’s direction being driven by the prospects for the economy rather than just risk appetite.
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Bill Maldonado, CIO, Asia Pacific at HSBC Asset Management, discusses expectations for China's first-quarter gross domestic product (GDP).
John Sculley, former Apple CEO and Managing Partner at Inflexionpoint, expects Alibaba to push on with its buying spree after listing in the U.S.
Jeremy Stretch, Head of FX Strategy at CIBC, says mixed economic data from China could weigh on the Australian dollar.