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
Samsung Electronics has admitted breaches of labor regulations at its plants in China, as well as at those of outside suppliers. The FT reports.
Call it something of a Hobbit fixation, but Air New Zealand has turned its newest aircraft into a flying billboard for the movie "The Hobbit: An Unexpected Journey." The GlobalPost reports.
Thousands of angry textile workers demonstrated in the outskirts of Dhaka on Monday after a fire swept through a garment workshop at the weekend, killing more than 100 people in Bangladesh's worst-ever factory blaze.
Competition will make it tough for Toyota to surge past Ford into 2nd place. If the economy perks up, so will truck sales and Ford should further strengthen its 15.5% market share.
Japan has a miserable future ahead of it without radical changes to the business climate, the former chief executive of camera and medical equipment maker Olympus has told CNBC.
Global financial markets don't pay much attention to the conflict in the Democratic Republic of Congo. They should. The central African country produces about half of the world’s tin, tungsten and cobalt output and about three percent of the world's copper and gold, according to the U.S. Geological Survey.
Anti-government protests in Thailand over the weekend were a reminder of violent demonstrations in the recent past that have plunged the Southeast Asian state into instability. While the latest outrage was a cause of concern for investors, the risks appear to be contained, as of now, experts told CNBC.
Breaking up is hard to do. However, tough economic times appear to be encouraging people to try. Catalans are trying to break up with Spain. Scots want to ditch England. And the British are trying to leave the EU. The Globalpost reports.
Here’s why the answer might be neither. The Globalpost reports.
Phillip Chan, Director, Shenyin Wanguo Securities says that Hong Kong's A-Share market draws a lot of interest but due to QFII quotas, the index will probably trade sideways.
The stock holdings of Prime Minister Wen Jiabao’s relatives took a solid jump after Ping An was granted a waiver to a rule that big financial companies be broken up. The NYT reports.
India has waded into the international row over the map in new Chinese passports, describing its inclusion of disputed territory along the two countries’ border as unacceptable. The FT reports.
General Motors, just three years out of bankruptcy, is taking a big step to bolster its captive finance operations overseas. The world’s largest automaker bought the international operations of Ally Financial for $4.2 Billion.
After months of lackluster activity, the buzz is back in Hong Kong’s IPO market as several big companies prepare to list in this once hot destination for raising capital.
Japanese consumer electronics firms Sony and Panasonic face another two to three years of “poor profitability” if they do not regain their technological edge, Matt Jamieson, head of APAC Research with Fitch’s corporate ratings group, told CNBC on Friday.
A Texas-born quickie mart chain explodes across tropical Asia. The Global Post reports.
Aaron Fischer, head of Asian consumer and gaming research at CLSA Asia Pacific Markets, tells CNBC that after years of explosive growth, Asian casinos are entering a period of less profitability.
China’s stock market, which has shed 60 percent of its value since a 2007 peak, is once again languishing at 3-1/2 year lows and nothing it seems can push this market out of a rut, said analysts.
One of the key destinations for financial jobs, Singapore is fast losing its lure as bank layoffs threaten the once robust job market in this Southeast Asian city state.
Beijing has included its South China Sea territorial claims on maps printed inside new Chinese passports, infuriating at least one of its neighbours. The FT reports.
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.