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
Toyota Motor is set to delay the launch of a new production line at its plant in Tianjin, northern China, because a decline in its Chinese sales is likely to continue for the foreseeable future, Japan's Asahi newspaper reported on Sunday.
China's largest maker of auto parts won a politically sensitive auction for A123 Systems, a bankrupt maker of batteries for electric cars that was funded partly with U.S. government money, the investment banker for A123 said on Saturday.
Canada has approved China's biggest ever foreign takeover, the $15.1 billion bid from CNOOC for energy company Nexen, but has drawn a line in the sand against future buys by state-owned enterprises.
At the end of August, Apple seemed on top of the world. Fresh off a resounding $1.05 billion U.S. legal victory over arch-foe Samsung Electronics, the company was gearing up to launch its fifth iPhone. That was then.
While not quite the “Annus Horribilis” to which England’s Queen Elizabeth once referred, it has certainly been a week to forget for Apple.
You've probably never heard of this Chinese smartphone company, but it's making phones that are in high demand. Could it be the next Apple?
New data shows that Beijing and Shanghai have more multi-millionaires than Los Angeles.
We may not go over the "fiscal cliff," but we may not get much. Maybe we will still get a Grand Bargain, but no one seems to be banking on it.
With a recent earnings miss and a sharp drop in its share price, technology giant Apple needs to look to emerging countries for growth and shift its focus away from saturated developed market, analysts told CNBC.
A strong quake centered off northeastern Japan shook buildings as far away as Tokyo on Friday and triggered a one-meter tsunami in an area devastated by last year's Fukushima disaster, but there were no reports of deaths or serious damage.
After a challenging year marked by slowing growth, speeding inflation, a major power blackout and the threat of a credit ratings downgrade to "junk," India can look forward to an "easier 2013," say economists at Deutsche Bank.
Chinese state-owned insurer the PICC Group surged 7 percent on debut on Friday, the biggest initial public offering (IPO) in Hong Kong for two years, and analysts said the stock has further to climb.
Australia's trade deficit yawned out to its widest in four-and-a-half years in October as imports rebounded while exports stayed flat.
Toyota expects Japan vehicle sales to fall by a fifth next year, in part due to the end of government tax incentives for fuel-efficient automobiles, media reported, adding to the pain from a decline in China sales.
Japan's dominant mobile carrier NTT Docomo said it lost 40,800 subscribers on a net basis in November, as users switched to Softbank and KDDI to grab an Apple iPhone 5 supplied in Japan.
Apple and Samsung squared off in court again, as the iPhone maker prepares to convince a U.S. judge to ban sales of a number of Samsung devices.
Shares of Italian fashion house Prada surged as much as 7.9 percent to an all-time high on Friday after the Milan-based company posted forecast-beating quarterly results.
India's BSE Ltd, the former Bombay Stock Exchange which has lost market share to rivals, has chosen 14 banks for a share offering planned for the first half of 2013.
The Asian Development Bank lowered its 2012 and 2013 growth estimates for developing Asia on Friday as frail global demand drags on the region.
KFC and Pizza Hut parent Yum Brands said it is rethinking where it opens new restaurants in China and accelerating openings of its high-margin pizza chain in that country.
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.