China has long used access to its giant customer base and cheap labor as bargaining chips to persuade foreign companies to open factories within the nation’s borders. Now it is using its near monopoly on certain raw materials to make it difficult for foreign high-tech manufacturers to build or expand factories anywhere except China. The New York Times reports.
A look at how Apple's Steve Jobs' resignation has impacted technology stocks in Asia.
A steady influx of funding from angel investors and venture capital firms that are hoping to find the next LinkedIn spacer or Facebook has sparked a potentially dangerous financing frenzy for the technology-startup industry, according to investors and market participants. And the recent market turmoil has done little to slow the stampede.
Shares of HP continue to get smacked around after hours, after the company cuts its outlook and stuns investors by saying it may spin off its PC business, with CNBC's Jon Fortt & Herb Greenberg. Also, a look at gold and crude oil, which continues to fall even as Brent Crude goes up, with CNBC's Bertha Coombs. And what's an investor to do now, with Stanley J.G. Crouch, Aegis Capital, and David Sowerby, Loomis, Sayles & Co. Finally, are banks in the tank, with CNBC's Mary Thompson, and Josh Rosner, Graham Fis