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.» Read More
In recommending the complete ban on drivers using electronic devices (including use of hands free cell phones), the NTSB is not suggesting the cell phone signals of drivers be jammed. But the NTSB Chairwoman Deborah Hersman says the cell phone industry should develop technology to help drivers keep from being distracted.
The Chairman of Harman International says, "Innovation is critical to the heartbeat of any successful corporation in the industrialized world. But competing in emerging markets where vast differences exist in per-capita incomes, infrastructure, customer preferences and environmental pressures, requires redefining the concept of innovation."
The Chinese government has launched a crackdown on hundreds of unregulated electronic equity and futures exchanges that have sprung up in recent years to trade everything from fine art and commodities to insurance products. The FT reports.
ANZ 's CEO Alex Thursby tells CNBC thathe is willing to look at assets put up for sale by other banks as they try to become more efficient.
Heavily criticized acquisitions and recurring earthquakes have stacked the odds against one of New Zealand's largest listed companies Fletcher Building. Following the recent slowdown in the Australasian housing market, the company announced Thursday that it has downgraded its earnings outlook for the first-half of 2012. CNBC's Christine Tan spoke to CEO Jonathan Ling before the announcement about his contingency plan for the difficulties ahead.
World Bank President Robert Zoellick tells CNBC's Larry Kudlow the world has entered a new economic danger zone.
Seth Merrin, CEO of Liquidnet, says his firm is the world's biggest operator of institutional "dark" trading platforms.
Bullion traders are preparing for one of the largest transfers of physical gold in recent history after Hugo Chávez, Venezuela’s president, ordered the country’s gold reserves to be returned to Caracas. The FT reports.
Billionaire owners of “ultra prime” homes have watched the values of their properties soar through the global economic turmoil, particularly in the emerging financial centres of Mumbai and Singapore. The FT reports.
The selloff in Chinese banks over concerns over their non-performing loans (NPLs) and a potential hard landing for the mainland economy is overdone, a number of banking analysts told CNBC on Wednesday.
Copper prices fell on Friday after data from China showed factory activity slowed more than expected in the world’s largest copper consumer. Copper prices have suffered a lack-luster performance in the second quarter, finishing flat. But one analyst says prices are set to jump later this year as world demand for copper continues to grow but mining output declines.
As new cars go, the Hyundai Veloster is no Sonata or Elantra. That's fine, Hyundai's not looking for any mass market sedan.
Overseas demand for coal could be a job creator in the U.S., says Tom Scholl, CEO, Keystone Industries, who says if coal miners could get permits overseas, the increase in exporting could create jobs.
The end of the Federal Reserve’s second round of quantitative easing this week will have little impact on Asia as the highly accommodative monetary policies in the region mean there's likely to be plenty of liquidity to support economies, according to HSBC.
Ben Simpfendorfer, Managing Director at Silk Road Associates joins Catherine Yeung, Investment Director at Fidelity International to discuss China's economic impact from the U.S. credit rating downgrade.
"On one hand export orders appear to be falling but on the other hand production seems to be rising so where is the production going? Obviously it's going into internal demand. This is in line with China's five year plan promoting more internal consumption which seems to be taking effect but it's not going to happen overnight. But this is a very positive trend China's economy is slowing, there's no doubt about that, but it's slowing out of choice, Andrew Leung, founder at Andrew Leung International Consultants told CNBC.
There is a chance the U.S. Federal Reserve could unleash another round of quantitative easing by the end of the year, according to renowned economist Nouriel Roubini.
German retail group Metro saw sales grow only marginally in the second quarter, led by its emerging markets business, as weak consumer spending in Western Europe weighed on its results.
Almost three months after an earthquake and tsunami shut down Toyota's Japanese plants and caused a slow down in global production, Toyota is bouncing back faster than expected.
The Australian dollar has had a swift, hard fall and now Goldman Sachs is predicting it could fall to as low as $0.80.
More fund managers are growing increasingly bearish on the outlook for China, believing "a hard landing" for the economy and a "commodity collapse" are currently the biggest tail risks facing markets, a monthly survey by Bank of America/Merrill Lynch show
Japan surpassed expectations in the first quarter, expanding at its fastest pace in a year, but an important pillar of growth was missing.
Nitin Padmanabhan, Analyst, IT & Telecom, India at Espirito Santo Securities tells us how to play Wipro and Tech Mahindra, as well as the Indian tech market
Roger Nightingale, Economist at RDN Associates says the global economy is in a deceleration phase but markets are being supported by the liquidity. Richard Martin, Managing Director of IMA Asia joins in the conversation.
Bill Smead, CEO and CIO of Smead Capital Management gives his perspective on the upcoming JPMorgan vote to keep Jamie Dimon as both CEO and Chairman.