Indonesian President Joko Widodo failed to finalize his cabinet after the country's anti-corruption agency rejected eight candidates.» Read More
China’s battered stock markets may finally have something to cheer about – a once-in-a-decade leadership change.
I doubt we'll ever be able to quantify exactly how many votes in Ohio and Michigan Governor Mitt Romney lost for the way his campaign bungled the issue of the auto bailout.
As the Party Congress begins, the momentum increases for structural reforms in China.
Americans have just voted on who will govern them for the next four years, now China is poised to usher in a new generation of leaders that will rule the world’s second largest economy for the next 10 years.
While there is a lot of interest in China's new generation of leaders, who are expected to keep the Asian giant on the path of growth, there are also individuals who are working behind the scenes, broking deals and influencing decision making. We've put together a list of 10 most important people to know in China who are likely to have an impact on the country’s future. Our top 10 includes China’s elite who exert political influence, are economic leaders and well known social figures. Find out which Chinese politicians, heads of key organizations and businessmen and women you should watch out for.
For all of Suzuki’s tough talk about its “brush-busting” Samurai off-roader, the Japanese automaker never made it big in the United States. Its cars were too small, its safety record iffy and its branding a bit too comical (Suzuki Sidekick, anyone?). The NYT reports.
The Hong Kong dollar is the solution to China’s currency problem. Over the last few weeks the territory’s monetary authority has had to intervene in markets to stop the currency from rising against the U.S. dollar. Some HK$14.3 billion ($1.85 billion) has been spent to preserve the peg. In these times of economic uncertainty, the need for an investable hard currency is so intense that even our little Hong Kong dollar is seen by some as a safe haven.
BHP Billiton has quietly started looking for a successor to Marius Kloppers, chief executive, in what could herald a further shake-up in the leadership of the global mining industry following a five-year period of stability. The FT reports.
Local leaders were all smiles this summer at a groundbreaking ceremony for a vast copper smelting project that seemed like the answer to the chronic unemployment that has plagued this city in northern Sichuan ever since a devastating earthquake in 2008. The NYT reports.
The elderly from Mumbai to Shanghai are adapting to a life on their own fueling a demand for retirement homes.
Suzuki, which has struggled for years to be a player has filed for Chapter 11 bankruptcy and will no longer sell cars in the U.S. The move says as much about America's shrinking auto market as it does about Suzuki.
The ratings firm cut its credit rating on the U.S. government to "AA-" from "AA," citing its opinion that quantitative easing from the Fed would hurt the U.S. economy and the country's credit quality.
An Obama re-election will only fuel corporate America’s fears as it holds back on investing in the country amid a stalemate over the “fiscal cliff” and lack of clarity over tax rates, billionaire investor Wilbur Ross told CNBC.
Hong Kong may be synonymous with designer boutiques and luxury retail outlets, with names such as Louis Vuitton and Prada crowding the city, but local consumers appear to be far less image conscious, if their favorite brands are any indication.
There appears to be a perception in markets that once this week’s key political events in the U.S. and China are over, uncertainty will be lifted and investors can get back to the ‘risk on’ trading environment that has prevailed in recent months. Don’t bet on it, strategists say.
Five years ago, Xi Jinping, the man expected to shortly become one of the two most powerful men in China, was having dinner with the U.S. ambassador to Beijing, when he brought up his love of Hollywood movies. In particular, he expressed a great admiration of Steven Spielberg’s World War II epic “Saving Private Ryan.”
Here is a run-down of the main figures in China's Communist Party as the country names the "Fifth Generation" of leaders to the helm of the world’s second largest economy.
Political events this week in the world’s two biggest economies may have had investors sitting on the sidelines, but strategists say it's not time to be overly cautious, rather, investors should resume some risk and buy equities.
Prudential’s acquisition of Thailand's Thanachart Life Assurance, a subsidiary of Thanachart Bank, marks a crucial step in the British insurer’s expansion in Southeast Asia -- a region Group Chief Executive Tidjane Thiam refers to as the company’s “sweet spot”.
Motorists fumed in long lines at gas stations around the New York area and screamed at each other Friday as fuel shortages hindered the region's efforts to recover from Super Storm Sandy. But in a move toward normalcy, Atlantic City's casinos were allowed to reopen.
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John Carey, EVP & Portfolio Manager of Pioneer Investments, says Tuesday's shooting incident in Ottawa triggered renewed concerns over geopolitical risks.
Jonathan Garner, MD & Chief Asia and Emerging Market Equity Strategist of Morgan Stanley, says HSBC's preliminary reading of October factory activity indicates that China's economy is stabilizing.
Rita Fan, Member of the National People's Congress Standing Committee, discusses the Hong Kong officials' decision to consider submitting a report to the Hong Kong and Macao Affairs Office.