Upbeat China data may have allayed fears about its economy, but PNC Financial Services is cautious, warning of a "perfect storm" that could surface.» Read More
Spain is in turmoil once again and the besieged European country is closer to asking for a financial bailout, but, perhaps investors should cut Madrid some slack, analysts say.
Hong Kong's "playboy tycoon" Cecil Chao has put up a $65 million "marriage bounty" to find a husband for lesbian daughter Gigi, who is already married to her long-time female partner.
Here's a list of European countries with the most mandated paid holidays per year, according to Mercer's 62-country report "Worldwide Benefit and Employment Guidelines."
Here is a list of the top 10 countries with the most billionaires for the period between August 2011 and July 31, 2012 compiled by Wealth-X. Click to find out where the mega-rich live.
Total SA says energy companies should not drill for crude in Arctic waters, marking the first time an oil major has publicly spoken out against offshore oil exploration in the region. The FT reports.
Which Tesla has your attention right now? Is it the company that unveiled its supercharger network and promised a coast to coast set of charging stations or is it the company that warned Wall Street to expect lower revenues this year?
Consumer Reports is not recommending the high-end extended range electric Fisker Karma. In fact, the auto division of Consumer Reports says the Karma is full of flaws including a "badly-designed touch-screen system makes the dash controls an ergonomic disaster." The Karma score of 57 out of a possible 100 makes it among the poorest performing vehicles of the 311 reviewed by Consumer Reports.
Southeast Asia's most populous nation is on track to become the world's 7th largest economy by 2030, putting it ahead of the developed nations of Germany and the U.K., a new report by McKinsey Global Institute showed Tuesday.
As protests against a U.S. made anti-Islam video continue across the world, the president of Indonesia, which has the world’s largest Muslim population, seeks to reassure investors that all steps will be taken to ensure stability and promote economic growth in his country.
Almost half of China’s ultra-rich saw their wealth shrink in the past year as the Chinese stock markets slumped, according to an annual survey of the country’s 1000 richest individuals, with those in the solar and textile sectors the hardest hit.
The country’s economy continues to grow even in the face of a global economic slowdown, the country’s president, Susilo Bambang Yudhoyono, told CNBC’s “Closing Bell” on Monday.
Toyota has decided to cool off its once ambitious plans for developing electric cars.
Italian fashion house Prada has been a bright spot in a slowing global luxury retail space, and its latest earnings report underscores the resilience.
A dispute between the U.S. and China over illegal trade practices, which has sparked worries over a potential trade war between the world’s two largest economies, has “more bark than bite”, according to the World Trade Organization’s (WTO) Director General Pascal Lamy.
When a Chinese investor bought a farm outside this village a few years back, he was pleased enough to name it Golden Land. The soil was rich, the sunshine and rain bountiful. The NYT Reports.
After generations of manufacturers have folded because they were unable to compete with imports, meet a New York business that has managed to crack the code.
The Chinese government’s recent $150 billion infrastructure push has helped improve sentiment among the country’s business community, shows a private-sector survey.
A survey by HSBC showing China’s manufacturing activity rose marginally in September has raised hopes that a slowing Chinese economy is finally stabilizing, but economists say a turnaround may still be far away.
Chinese financial officials have started a global roadshow to persuade foreigners to invest in the country’s stock market, a highly unusual move that reflects concerns that investors are turning their backs on China as its economy slows. The FT reports.
A looming fiscal problem in the U.S. is now identified as the top tail risk for investors, marking the first time in 17 months that Europe’s debt crisis was not seen as the biggest concern for fund managers, a monthly survey by Bank of America Merrill Lynch shows.
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Adithep Vanabriksha, Deputy Chief Investment Officer at Aberdeen Asset Management, explains why Thailand's outlook has improved. He also names the Thai stocks which offer attractive valuations.
Nicholas Smith, Japan Strategist at CLSA, says Japan's consumer price index for June remains "decent" after stripping out the volatility in food and energy prices.
Werner Husmann, President for Asia Pacific at Steinway & Sons, highlights the rise of wealthy individuals in China as one of the factors fueling its business in the mainland.