London has trumped Hong Kong as the world’s most expensive city, according to a report from international estate agent Savills.» Read More
Financial instability in China, stemming from its vast shadow banking sector, is a lurking threat for the world's second largest economy, says World Bank.
An Australian theme park, is one of the more unusual attempts by Australia to win a slice of the world's largest outbound tourism market.
Emerging markets may have taken a vicious battering on fears the Federal Reserve may soon remove the easy money punch bowl, but a turnaround in sentiment this week could be as equally dramatic.
The U.S.-based hedge fund on Tuesday said it has raised its stake in Sony and urged the Japanese electronics giant to spin-off its entertainment business.
Edward Snowden, the former NSA contractor who exposed the U.S. government's top-secret surveillance programs, fought back against his critics on Monday and denied allegations that he was a spy for China.
China's government has stepped up efforts to lift confidence in the country's flagging stock markets by buying more shares in the four biggest commercial banks.
China has built the world's fastest supercomputer, almost twice as fast as the previous U.S. holder and underlining the country's rise as a science and technology powerhouse.
Selling Smithfield in parts could bring more value to shareholders than the $4.7 billion Chinese deal, Starboard Value CEO Jeffrey Smith tells CNBC.
China made its first comments to reports of U.S. surveillance of the Internet, demanding that Washington explain its monitoring programs to the international community.
Renowned investor, Anthony Bolton is set to retire from Fidelity next year after three decades working in the fund management industry, ending his career with what he described as "disappointing" returns for investors.
Asian currencies have been battered lately by talk of the U.S. Federal tapering its massive stimulus program and analysts expect the pummeling to continue.
Concerns about a liquidity crunch in the world's second largest economy is threatening to derail financial markets just as the U.S. Federal Reserve is expected to restore some calm this week, analysts say.
The Reserve Bank of India kept interest rates unchanged on Monday after cutting them in each of its previous three policy reviews and warned of upward risks to inflation.
The biggest one-day rally for Australian stocks in 18 months lifted optimism towards the market, but one analyst warned the rally could have been just a 'dead cat bounce'.
Emerging markets will remain vulnerable after the ugly sell-off last week, as concerns about an unwinding of the U.S. Federal Reserve's monetary stimulus program keep investors on edge, analysts say.
Students will graduate from universities and colleges across China in the coming weeks, but their job prospects appear bleak — the latest sign of a troubled Chinese economy.
The main driving force for Asian markets in the week ahead is expected to come from the Federal Reserve, which will be holding a two-day policy meeting.
Banks, unable to make money on their JGBs, have begun sloughing off their holdings, putting upward pressure on yields.
Investors are fleeing gold, whose price has slumped 10 percent over the past 3 months. But Indians are so gold crazy they're sacrificing their country's economy. The GP reports.
Analysts fell under Samsung Electronics marketing spell when they made what they now admit were hopelessly optimistic forecasts.
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Daniel Hynes, Senior Commodity Strategist at ANZ, says concerns revolving China's property sector are holding back restocking efforts of Chinese steel mills.
Malcolm Jorgensen, Lecturer at Sydney Law School and United States Studies Center, discusses news that the U.S. and Arab nations launched massive airstrikes against ISIS targets in Syria on Monday.
Louis Kuijs, Chief Economist, Greater China at RBS, says the preliminary figure for September shows that there are no further deterioration in the mainland economy.