Dhara Ranasinghe is Senior Writer with CNBC.com, covering a range of topics including the global economy, financial markets and corporate news. Before joining CNBC, Dhara was a correspondent and sub editor with Reuters news agency in London and Singapore. She has reported on European Treasury markets, Asian economies and currency markets and edited company news stories. Dhara holds a Bachelor's degree in History from the London School of Economics.
Chinese shares soared on Monday as news in China of sweeping economic reforms ignited a fresh lease of life into the under performing equity market.
Sony and Microsoft appear to be running neck-and-neck in the games consoles race, according to IHS Games and Research.
A typhoon that has wrecked havoc on the Philippines can be described as the country's black swan event, said the COO of the Philippine Stock Exchange.
A credit boom in countries such as China means that the world is in a worse position than it was in 2008 when the world was tipped into recession.