An avalanche swept down a slope of Mount Everest on Friday, killing nine Nepali mountaineering guides at the beginning of the main climbing season, a Tourism Ministry official said.» Read More
Now that General Motors has confirmed the worst kept secret in Detroit about plans to build an electric model, the question is whether this EV can give the luxury brand a jolt. Here's hoping it does
"There are a lot of policies in China that are, if not contradictory, going in different directions," says one consultant and China expert.
"I could see a special formation known as a V formation a V shaped recovery and that means a step drop and a fast recovery and this formation started at 6,000 on the SMI and would end up at 6000. We¿re at 5,330 and the formation is still good as long as we don¿t break to the down side then the formation is not valid anymore," Daniel Stillhart, portfolio manager and technical analyst, LB Swiss, Frankfurter Bankgesellschaft Zurich told CNBC.
Malaysia is trying to enhance opportunities for its more assertive multinationals as well as bolster investments from the West, the New York Times reports.
The weakness of the American consumer is having repercussions in China, which may stop buying more U.S. Treasurys as it focuses on internal consumption rather than exports, Stephen Roach told CNBC Wednesday.
Discussing China's stake in U.S Treasurys and what worries Beijing most about the global economy, with Steve Orlins, National Committee on U.S.-China Relations, and Byron Wien, Blackstone Advisory Partners vice chairman.
Despite fears of another financial crisis, Asia faces a bigger risk from higher inflation and hot money flows than from a slowdown in domestic demand, says one expert.
Adrian Ngan, Head of Property Sector Research, Greater China at MF Global likes Sun Hung Kai & Cheung Kong on the back of diversified earnings and asset base.
Twenty years after the Soviet Union collapsed, Vladimir Putin, the Russian prime minister, may not, as is sometimes alleged, be trying to recreate it. But he is pursuing a different project – to build a “quasi-European Union” out of former Soviet states. The FT reports.
Talk about Italian style. Fiat has announced it is hooking up with Gucci to design a Gucci Fiat 500. The pint size convertible will feature Gucci’s green-and-red stripe along the side of the car. It will also be trimmed out in leather. In short, it will be dripping in Gucci style.
A new study finds that a majority of the price consumers pay for goods labeled "Made in China" goes to American businesses, not Chinese ones, reports the New York Times.
Compensation packages at the executive-level are rising in Asia driven by a growing talent shortage, according to one expert.
Global companies are increasingly shifting recruitment for highly-skilled jobs from older markets in Europe and the US to emerging economies in Asia, headhunters told CNBC, as a new wave of job cuts threatens the City and Wall Street.
When President Nixon went on his visit to China in 1972, he wouldn't have predicted that within 40 years the country would be urging the U.S. to adopt a more responsible fiscal policy.
Relationship Managers in Asia tend to see themselves more as the clients’ ambassador within the bank than as the bank’s representative with the clients, as they constantly move from bank to bank.
Eddie Tam, CIO at Central Asset Investments urges investors to buy into Asia if systemic risks are contained.
Here's a look at the top business hubs in the world, based on research by global real estate firm CB Richard Ellis.
"There is a very strong upward growth movement through the Japanese economy, mainly through domestic demand. I am optimistic about good growth during the third and fourth quarter of this year," Takuji Okubo, chief Japan economist at Societe Generale Corporate & Investment Banking, told CNBC.
The post-tsunami recovery of the Japanese economy is being hampered by the strong yen and the country needs a more concerted effort to get nuclear power stations up and running again, analysts told CNBC Monday.
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David Frigstad, Chairman of Frost & Sullivan, says Japanese firms are "aggressively" pursuing changes in their corporate culture after missing out on previous global opportunities.
Jeffrey Halley, Senior Manager at Saxo Capital Markets, describes the factors impacting the rupee in Thursday trade.
Richard Gelfond, CEO of IMAX, explains why the firm is still seeing "great appetite" for its theater in the mainland.