Australia's central bank said the labor market had stabilized somewhat, adding it had based its assessment on an official labor force survey.» Read More
Rodrigo De Rato, Former Managing Director at the IMF and Former Chairman of Bankia said Australia has done very well in the way it coped with the global financial crisis, but also warned that the ongoing crisis in Europe posed risks.
Traders in China are expected to focus on earnings results and a batch of economic data this week.
The resurgence of American auto manufacturing in the 1980s is an example of how one industry created tens of thousands of good jobs. The NYT reports.
Volatile oil prices, rising inflation, slowing emerging markets, and geopolitical tension have left investors hesitant to make moves in the oil market. But some analysts are confident that oil companies are in a strong position moving forward.
Which locations have Wall Street companies chosen for their mid-level operations? Read ahead to find out.
The European Central Bank (ECB) may have warned markets not to bet on a break-up of the euro zone, but it did little to back it up with action sending the already battered euro into further decline.
David Carden, United States Ambassador to ASEAN says that Asean's integration blueprint is extremely ambitious and that the group has already achieved 60-70% of their goals.
Friday may see more choppy trading after Thursday's speculation-fueled trading session.
China’s spectacular performance at the London Olympic Games while brining cheer to its fans has done little to boost the prospects of its sportswear firms back home, which have been struggling to grow their share of the $19 billion sportswear market.
The weak Indian rupee has impacted earning s at Standard Chartered Bank and India needs to exercise some “fiscal control” with regards to the currency, Jaspal Bindra, CEO Asia for Standard Chartered, said on Thursday.
This is a story you’ll think about the next time you get a loaner car from a dealership.
The collapse of three of India’s five electricity grids left more than half the country’s 1.2 billion population without power. Click ahead to see images from the blackout.
Ned Cloonan, Ned Cloonan Associates president & CEO, discusses how to make it big in China and why it's not for everyone, with Stephen Roach, Yale University senior fellow.
With a drier-than-hoped monsoon season, power outages threatening to cripple large parts of the economy, high interest rates and inflation, India’s growth story has faltered this year.
July PMI data may sway the direction of trading on Wednesday.
As European banks continue to pull back in Asia, reeling under the debt crisis back home, regional banks are filling in the gap by buying their assets and increasing lending, say analysts.
Ritesh Maheshwari, MD, Financial Services Ratings for Asia-Pacific, Standard & Poor's discusses how Asia Pacific banks are expanding their presence in the region.
David Marshall, Senior Analyst, Asia-Pacific Financials, CreditSights says that the level of loan losses are low for Japanese banks but earnings are volatile due to huge bond investments.
Concerns about a regulatory clean-up of junk stocks and doubts over whether the economy has bottomed out may continue to dog trading in China on Tuesday.
As Apple and Samsung Electronics head to the courts in the United States on Monday in a technology-patent trial that has a lot at stake for both firms, one intellectual property expert tells CNBC that Apple is in a stronger position than its Asian rival.
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Doug Freedman, Managing Director, US Semiconductor Research at RBC Capital Markets dissects the factors behind IBM's weak earnings results.
Cynthia Meng, MD for Hong Kong and China Technology, Media and Telecommunications Equity Research at Jefferies, explains the firm's decision to revise up estimates for 4G subscribers, and expects 2G users to decline.
Julian Evans-Prichard, China Economist at Capital Economics, explains why he does not expect policy makers to panic as a result of the economic slowdown