Despite all the negative headlines, Chinese investment in the US hit an all-time record in 2012: $6.5 billion. It will likely surpass that level in 2013.» Read More
Being a big wheel in the earth mover business, Vipin Sondhi has a very clear idea why the Indian economy is stuck in the mud and what the government must do to change the mindset of business executives, like himself.
World oil demand will grow faster than previously thought in 2013, producer group OPEC said on Tuesday, citing signs of a recovery in the world economy.
The explosion in Chinese wealth is being felt across the United States as hundreds of thousands of Chinese tourists descend upon America. They're here to celebrate their New Year holiday, and while they're at it, spend like crazy.
Japan's Nikkei share average gained 1.9 percent on Tuesday and the yen weakened to a 33-month low against the dollar after a U.S.Treasury official seemed to voice support for Japan's aggressive policies to combat deflation and bolster growth.
Asian designers have already paved their way through the New York fashion scene – names like Phillip Lim, Alexander Wang and Jason Wu have now become household names. But celebrities are already eyeing some of Korea's rising stars; Lie Sang Bong's clients include Beyonce, Lady Gaga and Rihanna. Choi Bo Ko has Whoopi Goldberg as one of his clients.
All this chatter about a so-called global currency war is utter nonsense, Larry Kudlow says. He believes all that is happening is the Japanese are taking steps to increase liquidity and depreciate their vastly overpriced yen.
RGC Economics predicts nearly 4,000 Chinese nationals will come to Sin City for Year of the Snake celebrations. Some will spend up to $100,000 on the trip.
World stock markets have rallied to levels not seen since the collapse of Lehman Brothers in January, but the bull market has screeched to a halt and now one of the world's largest investment banks has downgraded its outlook for global equities.
As Chinese tourists travel abroad for New Year this week, they will show why the Chinese consumer is considered the top spender in luxury worldwide.
Billionaire investor Jim Rogers told CNBC's "The Kudlow Report" that the stock rally is just the result of ultra-easy monetary policy by the world's central banks.
North Korea conducted its third nuclear test on Tuesday in defiance of U.N. resolutions, drawing condemnation from around the world, including from its only major ally, China, which summoned the North Korean ambassador to protest.
India's industrial production fell an unexpected 0.6 percent in December from a year earlier weighed down by manufacturing, government data showed on Tuesday.
Two years ago, over a dinner of filet mignon and sweet potato gratin, Caterpillar chief executive Doug Oberhelman looked on as China's President Hu Jintao praised the "mutually beneficial economic co-operation" between the US and China. The Financial Times reports.
Korean pop sensation Psy danced right into the middle of Malaysia's increasingly fractious politics as he performed during an event for the nation's governing coalition, known as the National Front, ahead of elections expected to be the closest-fought in Malaysia's history.
South Korea's central bank will hold interest rates steady on Thursday for a fourth straight month, while chances of another cut this year may be eroding as the world's biggest economies show signs of growth.
India's current account deficit is likely to reach a record high in the fiscal year that ends in March, its central bank governor warned.
The United States on Monday announced new sanctions on a Chinese businessman and several companies for selling to Iran items banned under U.S. laws aimed at curbing that country's missile program.
Uncertain growth prospects in the developed world are turning more companies and investors toward emerging markets for better gains. How secure are the financial systems in these rapidly developing economies?
Asian Development Bank President Haruhiko Kuroda said two years was an appropriate time frame for the Bank of Japan to meet its new inflation goal, but declined to comment on whether he was in the running to take over at the central bank next month.
As leaders from around the world meet this week to discuss fears of competitive currency devaluations, analysts told CNBC the currency war could lead to a sharp rise in gold prices in the second half of this year, after a falloff in the first half.
Hong Kong's Hang Seng stock index may be one of Asia's laggards, but Morgan Stanley reckons the market is poised to more than double to 50,000 by the end of 2015.
First it was gold, and now it's silver. The metal fell victim to heavy selling on Monday.
Australia's dollar has received its fair share of whacking lately and perhaps it's time to give the currency a bit of a break, currency strategists say.
Kelvin Blacklock, CIO at Eastspring Investments says the markets that have moved up recently are those that have seen strong earnings growth. He says these defensive markets are looking expensive while the cyclicals appear cheap.
Tokyo is proposing a low tax zone for foreign companies to help accelerate economic growth. The proposal, part of Prime Minister Abe's strategy, would aim for the new zone to bring at least part of the capital's corporate tax rate close to those of Singapore and Hong Kong.
John Rogers, President and CEO of CFA talks the importance of creating a professional standard in the financial industry.