The Japanese spent more than they saved in the 12 months ended March 2014, the first time that's happened since the data set began in 1955.» Read More
The world's top search engine announced the music streaming service, which has built-in features to help users discover new music, at its annual developers conference in San Francisco.
Billionaire hedge fund manager Daniel Loeb said Sony reminds him of Yahoo before he waged a bitter proxy fight that triggered a boardroom shake-out at the Internet company.
Even as stocks extend their mostly uninterrupted path higher, fund managers are holding big amounts of cash, worrying about China and a commodities crash.
Property markets in Hong Kong and Singapore have turned red hot in recent times raising fears of a bubble. But research from real estate services firm Jones Lang LaSalle suggests some of this heat could be coming off.
The free trade talks between India and the EU, which started in 2007, were close to ending in a deal that would be the "biggest" free trade agreement that the EU would have entered into, India's Commerce Minister Anand Sharma told CNBC in Singapore.
The boom in equity markets from Frankfurt to New York and Tokyo has yet to reach Shanghai, which continues to lag behind its global peers. Still, analysts reckon China stocks will soon play catch-up.
More fund managers believe "a hard landing" for China is among the biggest tail risks facing markets, a survey shows.
HSBC will redouble cost-cutting efforts, including axing up to 14,000 more jobs globally, as it seeks to drive earnings and dividend growth in the face of muted revenue.
Central banks around the world are repeating the mistakes of former Federal Reserve Chairman Alan Greenspan by flooding markets with cheap money, according to Brunel University's Moorad Choudhry.
Chinese economic data for April has largely underperformed market expectations prompting many economists to rethink their growth projections for the world's second largest economy.
Japanese equities have risen a "bit too fast" and appear to be somewhat "bubbly," according to the former vice finance minister of Japan, as the Nikkei crossed the key 15,000 on Wednesday.
Australia's higher-than-expected budget has raised concerns that the country could follow the same path as the highly-indebted euro zone.
Singapore Telecommunications posted on Wednesday a 33 percent fall in fourth quarter net profit, hurt by a one-time loss arising from the sale of its stake in Pakistan's Warid.
China is forecast to surpass the U.S. as the world's largest corporate debt market for non-financial companies in the next two years. The Financial Times reports.
A surge in option market bets on Sony just before a large hedge fund investor announced a big stake has raised concerns that some traders may have had advance word of the news.
A victory by former prime minister Nawaz Sharif in Pakistan's general election has lifted stocks to an all-time high - a sign that investors, which include Goldman Sachs and Mark Mobius of Templeton, are betting on further market gains.
Australia's Labor government delayed its promise to return the country to a budget surplus. CNBC's Matthew Taylor reports live from Canberra.
Hedge fund titan David Tepper said he's still bullish on stocks and investors shouldn't worry about the Fed tapering its massive bond-buying program.
BlackBerry unveiled a new mid-tier smartphone device with a physical keyboard and said its make-or-break new devices had put the company back on "solid ground."
Australia's Labor government on Tuesday used the last budget before national elections to delay a long-promised return to surplus, blaming a stubbornly high Australian dollar and lower commodity prices for a dramatic fall in revenues.
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For many foreign firms in China, the business environment isn't what it used to be. Apart from a slowing economy, there is also a perception that international companies are being targeted by the country's regulators.
One of Chinese President Xi's priorities has been to rebuild public trust in the Chinese government and the Communist Party by purging them of corrupt practices. Has he succeeded?
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