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
As Asia cools and Europe’s middling wealthy hunker down, the super-rich are expected to be the prime movers in the market for luxury goods.
This time, India may not be available to help revive an ailing global economy: The rupee is down, investment is down; inflation is up and so are deficits.
China stocks may see volatile trading on Thursday, ahead of PMI data due out Friday.
Stimulus measures by Beijing will provide just a temporary fix for China’s slowing economy and could derail the country’s long-term economic rebalancing plans, say experts.
Can technology might reduce urban blight? Business and civic leaders in Detroit certainly hope so.
The massive commodities boom of the past decade is at its tail end given the slowdown in one of the largest consumers, China, says Ruchir Sharma, Head of Emerging Markets at Morgan Stanley Investment Management.
Richard Li has lodged an indicative bid for the south-east Asian businesses of ING’s $6bn Asian insurance operations, which the Dutch financial group is selling after taking government bailout cash during the financial crisis. The FT reports.
Whether it’s wealthy French or Americans fleeing the prospect of higher taxes or wealthy Russians and Chinese trying to escape political uncertainty, millionaires and billionaires around the world are migrating like never before, according to government statistics and relocation experts.
If Memorial Day weekend is any indication, automakers and dealers could be gearing up for their best Summer since 2008.
China stocks may face resistance at the 2,400 level on Wednesday.
The Indonesian Rupiah has been under pressure since the beginning of the year, falling close to 4 percent, as investors look to exit riskier assets.
JPMorgan Chase lost big because of outsize trades, but not before Boaz Weinstein, a hedge fund manager, seized a rich opportunity, winning in a high-risk game of nerves. The New York Times reports.
While the corruption case against the joint chairmen of Asia’s biggest developer Hong Kong’s Sun Hung Kai Properties will lead to share price volatility over the next 12 months, analysts say the company remains a buy based on its high-quality asset base and solid income stream.
Mark Roberts, MD, Global Head of Research, RREEF Real Estate says retail and industrial property in Asia present attractive investment opportunities.
Chandran Nair, Founder and CEO, Global Institute For Tomorrow (GIFT), says Asian consumers cannot save the world and that the region must re-define the concept of capitalism in an Asian context.
The framework for a Free Trade Agreement (FTA) between South Korea and China may be ready in two years, said the South Korean President.
China stocks are set for more rangebound trading on Friday, as investors continued to grapple with global and domestic economic uncertainties.
Continued weakness in China’s economic data, as well as growing risks of a Greek exit from the euro zone, will drive Beijing to launch aggressive stimulus measures in order to prevent a further deterioration of growth in the world’s second largest economy, economists and strategists told CNBC.
US manufacturers have attacked plans by JPMorgan Chase to launch an exchange-traded fund backed by physical copper, arguing that the product would “grossly and artificially inflate prices” and “wreak havoc on the US and global economy”. The FT reports.
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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.