Ansuya Harjani joined CNBC's web and digital team in 2010, where she writes investment and feature articles with a focus on Asian economies. Prior to joining CNBC, she was a producer for the BBC's "Asia Business Report." Harjani holds a bachelor's degree in international relations from the University of Virginia.
The ratings firm cut its credit rating on the U.S. government to "AA-" from "AA," citing its opinion that quantitative easing from the Fed would hurt the U.S. economy and the country's credit quality.
Hong Kong may be synonymous with designer boutiques and luxury retail outlets, with names such as Louis Vuitton and Prada crowding the city, but local consumers appear to be far less image conscious, if their favorite brands are any indication.
Prudential’s acquisition of Thailand's Thanachart Life Assurance, a subsidiary of Thanachart Bank, marks a crucial step in the British insurer’s expansion in Southeast Asia -- a region Group Chief Executive Tidjane Thiam refers to as the company’s “sweet spot”.
While investment strategists in the U.S. view a Republican victory as positive for the stock market given their presidential candidate Mitt Romney’s pro-business policies, market players in Asia believe a win for the former Massachusetts Governor would in fact be negative for equities on their side of the world.
History is repeating itself in the global consumer electronics space, with newer players threatening the dominance of older established brands - that is Japanese electronics makers.
The Reserve Bank of India’s refusal to succumb to pressure to cut interest rates shouldn’t be seen as a snub at the government; rather, the move implies that containing inflation remains at front and center, the central bank’s deputy governor Subir Gokarn told CNBC on Wednesday.
Hong Kong’s latest round of property measures to curb speculation by foreign buyers is likely to have a minimal impact on cooling sky-high prices in the island-state, say experts, with tight supply conditions and demand from local homebuyers preventing any large declines in home values.
Recent policy reforms by the Indian government to boost investment and rein in fiscal spending have raised speculation that the country's central bank will do its part to revive economic growth by easing monetary conditions at its rate-setting meeting on Tuesday.
Gold prices have fallen 5 percent in the space of just over two weeks on prospects for weak global growth and inflation, and commodity experts tell CNBC that with no major catalyst to drive prices back up, gold bulls targeting $2000 an ounce by year-end are in for a major let down.