Japan's Sony Corp warned it doesn't now expect to make money on smartphones this year, as it reported a jump in first-quarter profit.» Read More
For the first time since 2000, Warren Buffett didn't make the top three on the annual Forbes Rich list. Randall Lane, Editor, Forbes tells CNBC who ousted Buffett from his third spot.
China's IPO action has been locked in ice since October by China Securities Regulatory Commission (CSRC) officials intent on boosting investor confidence and improving scrutiny of stock market hopefuls. CaiXin Online reports.
China's property-related shares fell by the most in nearly five years on plans to tighten curbs on the housing market, though some economists predict a near-term spike in existing home prices, at least until local governments work out how to implement the changes.
Jeff Allen buys, re-tools and sells cars for top dollar, so he must be doing something right. Read ahead to see 10 cars he restored that turned major profits.
Apple is still struggling in its competition with Google and Samsung, but a launch of new products may help the company get back on track, said an analyst.
Since markets got back online after the week-long Lunar New Year holiday last month, the benchmark Shanghai Composite Index has fallen as much as 4 percent or gained as much as 2.25 percent in a single session.
Europe's biggest bank HSBC posted a pre-tax profit of $20.65 billion for 2012, much lower than the $22.7 billion forecast by analysts in a Reuters poll.
China's latest measures to crack down on property speculation and investment demand could lead to home price declines of up to 10 percent over the next six months, according to analysts.
The tobacco industry remains very powerful in Indonesia, with one of the world's highest smoking rates and where consumer companies are scrambling to boost profits from a growing middle class. The Christian Science Monitor reports.
Chinese shares tumbled to their lowest close in six weeks, after Beijing hit property developers with harsher-than-expected tightening measures to contain housing costs.
One of Asia's top performing equity markets last year Hong Kong has so far underperformed in 2013, but analysts told CNBC that the Hang Seng index will get its mojo back before the end of the year.
HSBC is expected to announce a near $23 billion annual profit, with cost-cutting and restructuring ahead of schedule as Europe's biggest bank seeks to consign its U.S. troubles to the past.
CNBC's Sri Jegarajah takes a look at global events that could move markets this week.
A wave of new money coming into equity markets is a "powerful force" to reckon with and means that risks such as the U.S. budget cuts and uncertainty in Italy are unlikely to derail a stellar rally in the markets, one expert told CNBC.
Benchmark oil prices may be vulnerable to further selling pressure with some predicting U.S. crude futures may drop below $90 a barrel this week though a positive jobs report on Friday may help contain the losses.
Over-capacity in the global container ship market will continue to provide a drain on profit growth in 2013, according to Maersk CEO of North Asia, Tim Smith
Even as Communist Party chief Xi Jinping takes over as China's new president this week, the nation's young explain their attitude towards the ruling party, and why it doesn't mean much to them. The Christian Science Monitor reports.
China is set to use swelling offshore holdings of its tightly-managed currency worth around 1 trillion yuan ($160 billion) to justify a landmark shift in tactics to relax capital controls.
Huge purchases of longer-dated Japanese government bonds is a natural way to ease monetary policy, but central bankers must monitor the side-effects, Haruhiko Kuroda said on Monday.
South Korean inflation unexpectedly slowed in February on weak domestic demand even as a private survey of manufacturers showed a pickup in activity.
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Manoj Menon, Partner & MD at Frost and Sullivan, discusses his expectations for Sony and Panasonic which are due to release their first quarter earnings on late Thursday.
Ahead of Friday's U.S. nonfarm payrolls, Selena Ling, Head, Treasury Research & Strategy at OCBC Bank, gives her estimates for the number of jobs that the U.S. added to its economy in June.
Jim Rickards, Senior Managing Director at Tangent Capital, discusses whether Argentina's second default on its sovereign debt will have a contagion effect on global financial markets.