Asia's emerging markets have been among the worst hit in the recent rout in global stocks, but Goldman Sachs advocates buying Seoul stocks now, on the basis that the market will fare well in a rising rate environment.» Read More
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.
Australia's banks are cutting the cost of fixed-rate mortgages to their lowest in over two decades as a marked fall in funding costs and fierce competition combine to offer a glimpse of light.
The South Korean manufacturer's Galaxy S III smartphone is the first device to run neck and neck with Apple's iPhone in sales. The NYT Reports.
Caterpillar uncovered "deliberate, multi-year, coordinated accounting misconduct" at a subsidiary of a Chinese company it acquired last summer, leading it to write off most of the value of the deal and wipe out half a quarter's profits.
Concern is growing about risks to U.S.-based multinationals in a country where American audit regulators are locked out by the Chinese government and bribery and fraud are routine.
As fears recede about a dreaded hard landing in China, investors have been pouring money back into emerging markets exchange traded funds in the past few months.
A stampede at a railway station in northern India killed at least 36 Hindu pilgrims on Sunday, the busiest day of the world's largest religious festival at which some 30 million had gathered to wash away their sins in the sacred Ganges river.