The financial health of bloated industries in China has prompted many banks to cut back on lending in some sectors.» Read More
Rapid development at the expense of China's natural environment has become a major cause for discontent in the world's second largest economy, but now the government is finally bowing to public outcry, says a leading environmentalist.
Honda Motor will recall nearly 250,000 vehicles globally, including some Acura MDX crossover SUVs, due to braking problems, the automaker said.
Gold prices are being kept artificially low by Western Central Banks and "no one alive" has ever seen the true price of gold, according to the Secretary of the Gold Anti-Trust Action Committee (GATA).
Despite Xi Jinping's signal to reform, many experts are skeptical if the son of a revolutionary hero will be able to push for radical change.
India's headline inflation picked up in February on higher fuel costs but another measure of price pressures cooled, reinforcing expectations that the central bank will deliver a rate cut.
Emerging markets appear to be losing out as investors pile into developed markets on hopes of better economic conditions.
The next major risk for investors is China's "colossal credit bubble, " Marc Faber, editor and publisher of The Gloom, Boom & Doom Report told CNBC on Thursday.
Xi Jinping is officially China's new president, ending a once-in-a-decade transition of power that began last November. Much has happened since then, highlighting the challenges the new leadership team now face.
China's top securities regulator, Guo Shuqing, will be moved from his post soon and take over as governor of eastern Shandong province, a shift prompted partly because his market reform drive has upset vested interests.
The Philippine central bank has cleaned out its coffers over the past year, spending billions of pesos to shield its currency and economy from the impact of large inflows of foreign money.
McDonald's will give away more than a million breakfast McMuffins across China on Monday, a few days after Chinese state television airs its annual expose on corporate malpractice to mark World Consumer Rights Day.
After a lackluster few years for the air cargo industry, the CEO of Cathay Pacific Airways told CNBC he expects a recovery in global demand to rejuvenate the flagging sector.
US presidents have long deployed their wives to broaden their appeal. Now Xi Jinping, China's incoming head of state, is getting in on the act. The Financial Times reports.
Chinese spending on art and antiques shrank by nearly a quarter in 2012, ending a streak of spectacular growth that helped drive up global prices and made China the biggest player in the market by 2011.
Australian employment soared by 71,500 in February, far above any forecast and the biggest increase in over a decade, the most compelling sign yet that low rates and rising asset prices are fueling an economic pick-up.
Revenue of global smartphone applications in 2012 totaled $15 billion, the size of Jamaica's GDP.
Japanese exporters will hand out bigger bonuses for the next fiscal year as Prime Minister Shinzo Abe's policies drive the yen to multi-year lows, with Toyota Motors leading the way.
China Mobile hopes to tap pent-up demand for Apple smartphones by rolling out new 4G technology this year and having an iPhone model that will finally run on it.
Chris Powell, Secretary at Gold Anti-Trust Action Committee, claims that Western central banks are manipulating gold markets in order to rig currency markets.
As China's new president Xi Jinping is officially voted into power, CNBC's Eunice Yoon takes a look at his path to reform.
China accounts for 40 percent of global copper demand. If weak data from China persists, copper prices are likely to head further south, says Kevin Kerr, Managing Editor & Trader at Commodity Confidential.
Boris Schlossberg, Managing Director at BK Asset Management, says the European Central Bank's rare announcement on Wednesday that it was concerned about the Euro's strength changed trading sentiment for the currency.
Weakness in German stocks on Thursday was a wake-up call for U.S. investors, who were 'disillusioned' about China's slowdown and the Ukraine-Russia standoff, resulting in a plunge on Wall Street, says Peter Boockvar, Chief Market Analyst at The Lindsey Group.