China's ongoing anti-corruption campaign claimed its biggest scalp this week, and some see its hard-line stance as a positive for the economy.» Read More
Oleg Deripaska, the CEO of the world's largest aluminum company Rusal said global commodity producers need to cut output by up to 10 percent.
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.
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Franklin Bass, President of the Aviation Insurance Association, says insurance claims related to recent plane tragedies will exceed $1 billion this year.
Nam Hyung Kim, Managing Director at Arete Research Asia, says Samsung needs to be more aggressive in pricing in order to expand its market share in emerging markets.
Despite falling exports and dismal industrial output in June, Japan will recover in the second half of 2014, says John Vail, Chieif Global Strategist at Nikko Asset Management.