Opposition and warnings from the U.S. and senior U.K. diplomats have not stopped China's alternative to the World Bank from gaining global support.» Read More
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The Deputy Prime Minister of New Zealand dismissed claims on Friday that his country is taking part in a global currency war, despite recent steps to temper strength in its domestic currency.
Family planning officials are examining a Chinese filmmaker that has fathered up to seven children with four women. If found guilty, he could be fined nearly $27 million. The New York Times reports.
Data showing Japanese investors are looking for higher yields elsewhere is not good news for the yen.
Eumhouse, a real estate agency in Seoul's wealthy Gangnam district, has seen a recent uptick in inquiries after two years of slow business. But the outlook remains downbeat. The Financial Times reports.
Aggressive fiscal and monetary policy present huge investment opportunities in Japan, says hedge fund manager Dan Loeb.
Many of the world's most powerful finance chiefs will meet on Friday to discuss if central banks can do more to bolster a fragile global recovery.
Despite gold prices bouncing off their April lows, investors continue to pull money out of gold and plow it into equity funds as the stock market keeps climbing to new highs.
The dollar crossed the key 100-yen mark for the first time in four years Thursday and is expected to keep rising, with a year-end target of 105.
Investors are overlooking Facebook's potential at their own peril, Leon Cooperman of Omega Advisors said Thursday on CNBC.
Steve Schwarzman, co-founder of PE giant Blackstone, told CNBC he's starting a $300 million scholarship in China in hopes of defusing tensions between Beijing and the West.
Ren Zhengfei, founder and CEO of Huawei Technologies, defended the Chinese firm's stand on U.S. cybersecurity concerns when he spoke to the media for the first time on Thursday.
Hank Greenberg, the former head of insurance giant AIG, tells CNBC about building AIG from a small domestic insurance company into the mammoth global player that it became.
Hardware startups are on the rise and are getting serious attention from venture capitalists looking to place bets.
In a year that's supposed to be about rising interest rates, monetary policy seems to be moving in the opposite direction.
Australia's much better than expected jobs data on Thursday have many market watchers wondering if the Reserve Bank of Australia (RBA) did the right thing by cutting interest rates earlier this week.
Sony said it expects operating profit to hold steady in the year to next March after rising to its highest in five years last year.
China's annual consumer inflation rose by more than expected in April while factory prices fell for a 14th consecutive month, highlighting the dilemma facing the central bank.
Even as China gets serious in fending off speculative inflows, analysts tell CNBC the measures taken by Beijing will do little to derail a strengthening Chinese currency.
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