Cuba has the most potential of any country in the world to flourish given the right vision, says Carlos Gutierrez, who was Commerce secretary under George W. Bush.» Read More
Finance leaders of the G-20 economies on Friday edged away from a long-running drive toward government austerity in rich nations, rejecting the idea of setting hard targets for reducing national debt in a sign of worries over a sluggish global recovery.
From built-in fridges to partition walls, Rolls Royce owners in China are investing a sizable sum of cash to soup up the interiors of their ultra-luxury vehicles.
South Korea's 17.3 trillion won ($13.5 billion) stimulus package announced this week is essential to keeping Asia's fourth largest economy on track.
An earthquake with a preliminary magnitude of 7.0 struck islands off northern Japan on Friday but no tsunami warning was issued, the Japan Meteorological Agency said.
Investors are watching the ongoing G20 meeting in Washington to see if Japan comes under fire for following policies that have led to a sharp devaluation of its currency. But analysts say the yen will continue to weaken, regardless.
A widening of the yuan's trading band could be imminent judging by the latest comments from China's central bank, but analysts add a caveat: change is unlikely to bring a significant strengthening of the currency.
Lenovo Group said on Friday it was in preliminary talks about a potential acquisition, following a report that IBM was negotiating the sale of its server hardware business to the Chinese computer maker.
As the world's smallest Disneyland, the Hong Kong park is set to open a new attraction next month. Tom Staggs, chairman of Walt Disney Parks and Resorts tells CNBC how much of a boost that will bring.
The weakening yen is leading some Japanese companies to examine lifting prices, a possible sign that bold policy steps recently enacted are working to pull the world's third-largest economy out of deflation.
As Beijing tries to engineer a crucial macroeconomic shift, toward more consumption and less investment, it is young consumers who may hold the key to the transition.
Facing tougher competition in what is now the world's biggest autos market, Nissan and its Japanese rivals Toyota Motors and Honda Motors are having to increase the locally made content in their cars.
As the Singapore Yacht Show kicks off, get a glimpse of life on board these million dollar vessels.
CNBC's Sri Jegarajah reports on the latest step of President Obama's 'Asia Pivot' strategy from the deck of the USS Freedom, a U.S warship on an eight-month deployment to Southeast Asia.
China reported GDP growth below many analysts expectations and the markets shuttered. What's happening with this once-strong growth engine for the global economy?
If you are one of the first owners of Google Glass don't even think about trying to sell the device.
A nearly 75 carat diamond's sale at Sotheby's offers further evidence of the roaring bull market in hard assets.
The routes are getting investment from shippers, said Maersk CEO Nils S. Andersen.
The collapse in bullion prices may rekindle gold mining takeovers as Chinese companies and other investors step in to rescue small and mid-sized miners.
A new study by consulting firm AlixPartners estimates by 2015, the cost of outsourcing manufacturing to China will be equal to the cost of manufacturing in the U.S.
Leading emerging markets investor Mark Mobius is still bullish on China, despite the country's disappointing economic growth in the first quarter.
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Prinn Panitchpakdi, Thailand Country Head at CLSA, says Thai markets offer opportunities for long-term investors based on historical price-to-earnings and price-to-book valuations.
Sim Moh Siong, FX strategist at Bank of Singapore, expects the Fed to raise rates in September, which will help the U.S. dollar to resume its strength after a brief consolidation in this quarter.
Rob Subbaraman, chief economist, Asia ex-Japan at Nomura, says the Bank of Thailand is "overburdened" and more measures to help the economy must come from the fiscal policy and reforms.