Rajeshni Naidu-Ghelani is an Assistant Producer for CNBC.com. She joined the website in 2011 and her role involves creating slideshows for the Asia-Pacific region, as well as writing investment and feature stories. Prior to joining CNBC, Rajeshni worked as Web Journalist for Canadian news channel CP24 in Toronto, and as an Associate Producer for Ninemsn.com in Sydney, Australia. Rajeshni holds a BA in English from the University of Toronto and MA in Media Practice from the University of Sydney.
The world’s largest retailer Wal-Mart’s second quarter profit narrowly beat market expectations and the economic bellwether said it would slow expansion in international markets that could impact full year earnings, but analysts tell CNBC they’re positive on the company’s stock and potential for earnings growth.
China’s biggest internet company by revenue, Tencent, beat market expectations with the fastest pace of increase in quarterly profit in a year, prompting one analyst to predict further upside in its stock price, which has already risen a whopping 58 percent year to date.
Many urban, upper middle class Indians have not cut back on spending despite a slowing economy and rising prices.
Hot money flows into the Australian dollar, which got a further boost on Thursday from a surprise increase in job numbers for July, has some market watchers questioning whether the currency’s rise is out of “whack” with economic fundamentals. But one strategist argues that the Aussie’s performance is not surprising from past trends.
Thailand’s rising banking shares could jump a further 30 percent over the next 12 months as profitability soars on strong investment and corporate lending growth, according to Japanese brokerage Nomura.
Apple's latest iPad offering finally hit China's store shelves on Friday, months after its worldwide launch in March, but the delay is unlikely to dampen sales because of the Chinese passion for all things Apple, analysts say.