Spot Gold Extends Losses, Falls 3.3% to Weakest Since October 2010
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Weakness in China's vast manufacturing sector, which has exacerbated concerns over its economy, will make it harder for the government to resist calls to ease its policy stance.
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As major airlines around the world start grounding Boeing's Dreamliner passenger jets amid safety concerns, analysts tell CNBC they are confident the U.S. aircraft manufacturer will fix the 787's "teething issues," which arise each time new technology is introduced.
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Adding to a rising chorus of analysts warning of a potential bond market crash in 2013 is David Roche, president of Independent Strategy, who points to the most "dangerous" asset to own.
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Global oil markets, under pressure from increased North American production, are facing the return of a familiar upside risk - the threat of supply disruption from North Africa after an attack on an Algerian gas field swiftly escalated into an international hostage crisis.
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The Pimco executive lays out five key issues to be addressed for Japan to get out of its funk.
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Now that Japan has unveiled bold steps to end years of deflation, the world's third largest economy can at last stop being a laggard and start making a positive contribution to global growth, analysts tell CNBC.
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Cui Shengjun has charted the past 100 lottery draws in China. Lines connecting all the numbers snake back and forth on a whiteboard on his wall. The Financial Times reports.
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Chinese investment banks are carrying out their biggest layoffs and bonus cuts since the financial crisis as they brace for further profit declines, hit by an ongoing drought in initial public offerings in China that started in September.
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How close is China to driving financial reform and opening up its markets? Perhaps the answer lies not with the country's new leaders, who are being watched closely for their willingness to bring reforms, but with Beijing technocrats who appear to be pushing ahead with change.
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After pressuring Japan's central bank into overhauling monetary policy, Prime Minister Shinzo Abe declared the change "epoch making". Next on his to-do list: find a central bank chief more sympathetic to his views than the current governor.
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Thailand's finance minister said on Thursday that exporters could suffer if the baht was stronger than 30 per dollar, where it has traded in recent days, and the central bank said it was seeing signs of short-term speculative inflows.
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Sony, which has spent several years shrinking its television unit, plans to expand sales from next year once the business has stopped losing money, chief executive Kazuo Hirai said on Thursday.
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Japanese chipmaker Renesas Electronics said on Thursday it plans to cut an additional 3,000 to 4,000 jobs in September as it slims down management and its design operations.
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Business is booming in Beijing's real estate offices -- good news for property agents like Zhang Huanhuan, but a headache for China's policymakers as worries resurface about the sustainability of investment in the sector.
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Thailand's third-richest man is set to take control of Fraser and Neave (F&N) in Southeast Asia's biggest M&A deal after a group led by an Indonesian tycoon bowed out of a two-month bidding war for the $11.4 billion Singapore company.
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China could be considering relaxing its harsh one-child policy because of women like Hu Yanqin, who lives in a village at the edge of the Gobi desert.
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The rally in the Shanghai Composite Index paused near 2,290 before falling down and retesting the 2,250 support level and then developed a good rebound rally towards resistance near 2,340. The retreat in the Shanghai index was a consolidation within the environment of a rising trend. It was not a trend correction and it was not a change of trend direction.
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India has raised the import tax on gold by 2 percentage points to 6 percent to curb purchases and rein in a ballooning fiscal deficit but industry officials expect only a moderate drop in demand.
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India's top two exporters of software services surprised the markets this week with strong 2012 fourth quarter earnings, pointing to a recovery in demand from their key markets, the U.S. and Europe.
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The long-favorable tax policies for the wealthy are rapidly falling one by one. Now it may be India's turn.
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All Nippon Airways said on Monday it cancelled 151 domestic and 26 international flights scheduled for January 23-28 after Boeing's 787 Dreamliner passenger plane was grounded, affecting more than 21,000 passengers.
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