Japanese PM Shinzo Abe said on Sunday he remained "neutral" on whether to proceed with a hike in Japan's sales tax to 10 percent.» Read More
Global luxury stocks have surged in the first-half of the year, driven by investor optimism over company earnings, but growing concerns over a further slowdown in global growth, particularly in the world's second-largest consumer of luxury products China, is putting into question whether the gains can be sustained.
Jim Dwyer, Executive Director, Business Council of Mongolia says from 2013-2020 the IMF projects 20 % growth in Mongolia.
Yonghao Pu, Regional Chief Investment Officer of APAC, UBS Wealth Management advises investors to be overweight on investment grade corporate bonds that have a 5 percent return.
The Chinese market may trade in a narrow range after shares fell for the sixth day in a row — the longest downturn seen this year.
Feel like you’re driving an old car? You’re not alone. In fact, the average age of vehicles in the U.S. has hit a new all-time high.
Hong Kong-listed jewelers have been battered in recent months by concerns over a slowdown in sales growth in the mainland along with rising risk aversion among investors.
A 28th floor apartment in south Mumbai, facing the Arabian Sea, sold for a record-setting 390 million rupees ($6.8 million) this month, underscoring the dichotomy in India’s property market where prices remain stubbornly high, even as the economy falters and the currency nosedives.
John Hailer, President & CEO, Natixis Global Asset Management says investors have gone back to traditional ways of investing as events in the last few years have scared them.
Chinese shares are due for a technical rebound after the longest losing streak seen this year.
Millennials, and other young people have become so neutral about driving, they are a factor behind auto sales not growing at a faster pace.
The unresolved euro zone crisis, slowing growth prospects and currency depreciations have created a risk-off environment that makes investors think twice about emerging markets, Pablo Goldberg, Global Head of Emerging Markets Research at HSBC told CNBC’s “Squawk Box Europe”.
Once seen as the land of opportunity, the U.S. today is grappling with rising inequality and a political system that benefits the rich at the expense of others, resulting in lower growth and risking the death of the American dream, according to Nobel prize-winning economist Joseph Stiglitz.
While China’s major business centers, Shanghai and Beijing are known to be among the most expensive cities for expats in Asia, the cost of living in other, less well-known Chinese cities is now surging.
Economic growth in Asia, which has been slowing in recent months, is set to recover in the second-half of the year, on the back of a rebound in China, say economists at HSBC.
Investors typically flock to defensive stocks during bouts of volatility, but Joshua Crabb, Director and Portfolio Manager, Blackrock's Asian Equities team said a number of cyclical stocks are starting to look attractive as well.
With U.S. stocks extending losses on Monday, one asset manager says the stock market is like a car that is leaking oil, adding that the lack of strong policy action by politicians in Europe is likely to lead to more volatility and further declines in equities.
Confidence is weakening in the Chinese market after the fourth straight session of losses on Monday.
The new chief executive of Airbus says he is ready to “bet” that the European aircraft maker’s planned new A350 widebody passenger jet will not suffer the same three-year delay that Boeing had with its 787 Dreamliner, the Financial Times reports.
Sentiment may continue to be bearish in the Chinese market after the Dragon Boat Festival long weekend. The Shanghai Composite index lost 1.39 percent to a near three month low of 2260.8 on Thursday as weak HSBC flash PMI data reinforced slowdown worries. The benchmark fell 0.43 percent for the week.
Hong Kong has unseated London as the world’s most expensive place to take up office space, highlighting the growing appetite from banks to increase their presence in Asia, the FT reports.
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Mark Hung, Research VP, Wireless at Gartner, explains why the Apple Pay service comes at an opportune time for Apple and the industry.
Gerry Wang, CEO of Seaspan, describes how the shipping industry has fared amid the global economic recovery.
Larry Hu, Head of China Economics at Macquarie, says authorities will launch more mini-stimulus measures in infrastructure, housing and environmental projects.