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
The world's second largest wine company Treasury Wine Estates sees the strong Aussie dollar as a headwind, but has hit a sweet spot in China.
Moves by Indonesia's President Susilo Bambang Yudhoyono to put his finance minister in charge of the central bank is leading to concerns that he may be seeking someone more malleable to run the state coffers in the run up to next year's elections.
For the first time since 2000, Warren Buffett didn't make the top three on the annual Forbes Rich list. Randall Lane, Editor, Forbes tells CNBC who ousted Buffett from his third spot.
China's IPO action has been locked in ice since October by China Securities Regulatory Commission (CSRC) officials intent on boosting investor confidence and improving scrutiny of stock market hopefuls. CaiXin Online reports.
China's property-related shares fell by the most in nearly five years on plans to tighten curbs on the housing market, though some economists predict a near-term spike in existing home prices, at least until local governments work out how to implement the changes.
Jeff Allen buys, re-tools and sells cars for top dollar, so he must be doing something right. Read ahead to see 10 cars he restored that turned major profits.
Apple is still struggling in its competition with Google and Samsung, but a launch of new products may help the company get back on track, said an analyst.
Since markets got back online after the week-long Lunar New Year holiday last month, the benchmark Shanghai Composite Index has fallen as much as 4 percent or gained as much as 2.25 percent in a single session.
Europe's biggest bank HSBC posted a pre-tax profit of $20.65 billion for 2012, much lower than the $22.7 billion forecast by analysts in a Reuters poll.
China's latest measures to crack down on property speculation and investment demand could lead to home price declines of up to 10 percent over the next six months, according to analysts.
The tobacco industry remains very powerful in Indonesia, with one of the world's highest smoking rates and where consumer companies are scrambling to boost profits from a growing middle class. The Christian Science Monitor reports.
Chinese shares tumbled to their lowest close in six weeks, after Beijing hit property developers with harsher-than-expected tightening measures to contain housing costs.
One of Asia's top performing equity markets last year Hong Kong has so far underperformed in 2013, but analysts told CNBC that the Hang Seng index will get its mojo back before the end of the year.
HSBC is expected to announce a near $23 billion annual profit, with cost-cutting and restructuring ahead of schedule as Europe's biggest bank seeks to consign its U.S. troubles to the past.
CNBC's Sri Jegarajah takes a look at global events that could move markets this week.
A wave of new money coming into equity markets is a "powerful force" to reckon with and means that risks such as the U.S. budget cuts and uncertainty in Italy are unlikely to derail a stellar rally in the markets, one expert told CNBC.
Benchmark oil prices may be vulnerable to further selling pressure with some predicting U.S. crude futures may drop below $90 a barrel this week though a positive jobs report on Friday may help contain the losses.
Over-capacity in the global container ship market will continue to provide a drain on profit growth in 2013, according to Maersk CEO of North Asia, Tim Smith
Even as Communist Party chief Xi Jinping takes over as China's new president this week, the nation's young explain their attitude towards the ruling party, and why it doesn't mean much to them. The Christian Science Monitor reports.
China is set to use swelling offshore holdings of its tightly-managed currency worth around 1 trillion yuan ($160 billion) to justify a landmark shift in tactics to relax capital controls.
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.