Bank of Japan Governor Haruhiko Kuroda said central banks should avoid offering overly complicated forward guidance..» Read More
Suzuki, which has struggled for years to be a player has filed for Chapter 11 bankruptcy and will no longer sell cars in the U.S. The move says as much about America's shrinking auto market as it does about Suzuki.
The ratings firm cut its credit rating on the U.S. government to "AA-" from "AA," citing its opinion that quantitative easing from the Fed would hurt the U.S. economy and the country's credit quality.
An Obama re-election will only fuel corporate America’s fears as it holds back on investing in the country amid a stalemate over the “fiscal cliff” and lack of clarity over tax rates, billionaire investor Wilbur Ross told CNBC.
Hong Kong may be synonymous with designer boutiques and luxury retail outlets, with names such as Louis Vuitton and Prada crowding the city, but local consumers appear to be far less image conscious, if their favorite brands are any indication.
There appears to be a perception in markets that once this week’s key political events in the U.S. and China are over, uncertainty will be lifted and investors can get back to the ‘risk on’ trading environment that has prevailed in recent months. Don’t bet on it, strategists say.
Five years ago, Xi Jinping, the man expected to shortly become one of the two most powerful men in China, was having dinner with the U.S. ambassador to Beijing, when he brought up his love of Hollywood movies. In particular, he expressed a great admiration of Steven Spielberg’s World War II epic “Saving Private Ryan.”
Here is a run-down of the main figures in China's Communist Party as the country names the "Fifth Generation" of leaders to the helm of the world’s second largest economy.
Political events this week in the world’s two biggest economies may have had investors sitting on the sidelines, but strategists say it's not time to be overly cautious, rather, investors should resume some risk and buy equities.
Prudential’s acquisition of Thailand's Thanachart Life Assurance, a subsidiary of Thanachart Bank, marks a crucial step in the British insurer’s expansion in Southeast Asia -- a region Group Chief Executive Tidjane Thiam refers to as the company’s “sweet spot”.
Motorists fumed in long lines at gas stations around the New York area and screamed at each other Friday as fuel shortages hindered the region's efforts to recover from Super Storm Sandy. But in a move toward normalcy, Atlantic City's casinos were allowed to reopen.
While investment strategists in the U.S. view a Republican victory as positive for the stock market given their presidential candidate Mitt Romney’s pro-business policies, market players in Asia believe a win for the former Massachusetts Governor would in fact be negative for equities on their side of the world.
From India and Indonesia to Brazil, the cost of an iPhone is often double or triple, the price in developed countries, due mostly to a lack of availability and subsidies from mobile network operators.
The recent slew of manufacturing data suggest Asian economies are on the path to recovery after a year of slowing growth, but economists warn it might be too early for celebration.
The U.S. jobs market is in focus with monthly payrolls data out later Friday and the one thing that could provide a big boost to job creation - that has stayed weak in recent months - is a signal that the “fiscal cliff” will be avoided, economists told CNBC.
Kevin Gibson, CIO, Japanese Equities, Eastspring Investments says Japanese equities' valuations are priced at rock bottom, making It a compelling investment case.
Why is Alan Mulally publicly proclaiming he will stay at Ford through at least 2014 when he has never set a deadline in the past?
As China’s economy slows, shoppers are slowly overcoming the stigma of wearing“pre-owned” luxury goods.
History is repeating itself in the global consumer electronics space, with newer players threatening the dominance of older established brands - that is Japanese electronics makers.
Robert Prior-Wandesforde, Director, Asia Economics, Credit Suisse says that China is headed for a soft landing. investors should expect that 7% -8% growth as the new normal.
General Motors took another big step in its ongoing efforts to reduce the company’s massive pension obligation.
Laurent Le Pen, CEO at Omate and Ben Arnold, Director, NPD discuss what people really want when it comes to wearable technology.
After two days of talks, CNBC's Lisa Oake reports live from Bali that a last-minute global trade deal may be signed by the end of the day.
Dressing up in the future could involve embedding a chip in your outfit. CNBC's Sri Jegarajah takes you through what you can put on, and maybe put off in wearable tech.