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
Cyprus reopens its banks on Thursday with capital controls in place and guards at branches to help avert bank runs.
Leaders of the five BRICS nations plan to create a development bank in a direct challenge to the World Bank that they accuse of Western bias. The bank would use $50 billion of seed capital shared equally but dominated by China.
Fitch Ratings raised the Philippines' credit rating to investment grade on Wednesday, a first for the Southeast Asian nation, in a move expected to boost investment and lift the country's long-term growth potential.
Analysts say the sector remains robust even as China's biggest banks reported their worst annual earnings growth since going public.
The bumper run in Japanese equities is just getting started, according to investment strategists, who expect larger gains ahead.
After talking their currency down 20 percent over the past four months, Japanese policymakers have suddenly gone silent as the yen halts its dramatic fall. Why?
The Bank of Japan is likely to start open-ended asset purchases immediately rather than in 2014 and consider setting a new target to buy longer-dated bonds at its rate review next week, sources say.
The steady rise of the Australian ASX 200 index has slowed and is developing the potential to turn into a downtrend.
The outlook for the wealthy island nation of Singapore is turning increasingly grim with a recent mix of downbeat economic indicators pointing to a contraction for the economy in the current quarter.
North Korea repeated threats on Tuesday to target U.S. military bases as Washington and its allies tightened economic sanctions against the isolated country by targeting Pyongyang's main foreign exchange bank.
Economic growth in China faces mounting headwinds and could fade dramatically in the years ahead due to declining productivity and an aging population.
The chairman of CITIC Securities is busy remodeling China's biggest brokerage after Goldman by expanding into asset management, trading complex derivatives instruments and nurturing overseas deals.
On the back of strong 2012 profits, Mark Hawkins, Chief Financial Officer at Autodesk, tells CNBC how the firm is able to withstand economic weakness.
Deirdre-Wang Morris guides investors through the latest earnings of two of China's biggest banks after a slowdown in the world's second largest economy hit loan demand.
A series of tightening measures have put the brakes on Hong Kong's overheated property sector, forcing developers to cut prices and prompting a warning from Asia's richest man Li Ka-shing: speculators stay away.
Gold is one of the most widely held financial assets – but that doesn't mean everyone understands why it goes higher or lower.
Only 11 days since taking over as Chinese president, Xi Jinping is already in Africa offering goodies with "no political strings." GlobalPost reports.
For a fraction of the cost of buying a supercar, laymen drivers can drive a Ferrari on a closed course for a few laps. This experience is sold by businesses and manufacturers, and even though it’s over quickly, it’s exhilarating and unforgettable.
Although markets initially held up in the face of renewed chaos, market watchers and analysts are warning that the flare up in the euro zone debt crisis could once again curb investor sentiment.
The resurgence in the initial public offerings (IPO) market is a sign that investors are once again growing more optimistic despite flare-ups in the euro zone debt crisis, according to the CEO of the London Stock Exchange.
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.