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Despite demand for gold falling to 17 percent in the second quarter compared to the same period in 2010, the World Gold Council says that full-year demand will increase because of a rush to safe haven assets as market volatility has ramped up.
So what countries make up the BRICS ? How did they come about? What impact do they have? CNBC explains.
Anger is mounting in India at the appointment of Dow Chemical as a 2012 Olympics sponsor, marking the fiercest criticism yet of the London committee’s sponsorship programme. The FT reports.
The downgrade of U.S. credit rating and recent financial markets volatility all threaten to deepen the economic soft patch. How will Asia cope?
Thursday's market sell-off, which saw a dramatic 500 point fall in the Dow, is just a case of market perception catching up with reality, the chief executive of one of Europe's biggest insurers told CNBC Friday.
India's economy may be headed for a sharper slowdown than most are expecting, and could see its worst growth rate since the depths of the credit crisis, according to economists at Morgan Stanley.
India’s central bank surprised the markets on Tuesday, lifting interest rates by 50 basis points to 8 percent. The move marks India’s 11th rate hike since March 2010, as the Reserve Bank battles persistent inflation, which accelerated to 9.4 percent year-over-year in June.
British luxury carmaker Rolls-Royce Motor Cars expects sales from Asia to account for 40% of its total by year-end. In an interview at his headquarters in Goodwood, England, CEO Torsten Müller-Ötvös discusses his roadmap for the Asian region with Managing Asia.
On a recent wind-whipped morning, a steel-hulled behemoth arrived at a desolate stretch of India’s western coast groaning with enough coal to power a city of one million people for more than two weeks. The New York Times reports.
Gold always falls in summer. That is the conventional wisdom among gold traders, conditioned over decades in which the period from June to August has been characterised by slack demand for bullion. The FT reports.
Indian exports are following a different path from that taken by other Asian countries like Japan, Korea and China. As the NYT reports, the South Asian country's exports of goods have been overtaking its services exports.
Deadlocked debt-ceiling talks dent the dollar and send the Swissie soaring - it's time for your daily FX Fix.
With the rising price of oil putting the spotlight on energy, BlackRock Managing Director Dan Rice gave his top energy investment picks to CNBC on Friday.
The price of gold could beat the record high of $1,609.51 an ounce it hit earlier this week, a fund manager told CNBC Thursday.
Gold is likely to hit $1,650 an ounce by the end of the year and could even hit $1,700, according to one analyst.
Every day India’s cities hum with the sound of hundreds of motorcycles precariously weaving their way through traffic. For most riders the two-wheeler is the cheaper and more flexible alternative to a car but for a growing band of more affluent Indians owning a customised superbike has become the ultimate symbol of the country’s new-found wealth. The FT reports.
The political, economic and social consequences of a preference for sons is alarming policymakers. The FT reports.
Vodafone, the UK-listed telecoms company, has warned it faces a doubling of the $2.5bn tax bill it is contesting in the India Supreme Court in July. The FT reports.
Despite a manufacturing slowdown in Russia, China and Brazil, emerging markets will be key to the recovery of the global economy, Stephen King, chief economist at HSBC told CNBC.
Southeast Asia's largest lender, DBS Group Holdings, has been aggressively expanding its footprint in India and China as it faces margin pressures in Singapore and Hong Kong. The Singapore-listed company's CEO Piyush Gupta tells CNBC's Christine Tan that business is booming in India.