Kazuo Hirai, CEO of Sony, says his company remains committed to consumer electronics.» Read More
Don’t heed the hype. This weekend’s G20 Summit will not, and cannot live up the hopes that a new financial architecture will be unveiled. It will likely be little more than a photo opportunity for the political class to demonstrate to their people that they are doing some about the global crisis.
While the government focuses on recapitalizing banks, the Treasury Department shouldn't forget about its initial plan to find prices for toxic assets held by banks, Stephen Roach, chairman of Morgan Stanley Asia, told CNBC Wednesday.
Evidence of a weakening Chinese economy and feeble data from Australia and Britain reinforced fears of a prolonged global recession on Tuesday, as policymakers groped for a co-ordinated response to the downturn.
Japan's current account surplus in September plunged 48.8 percent from a year earlier as import growth far outpaced export growth in the face of a global slowdown, the Finance Ministry said Tuesday.
China pitched in nearly $600 billion to the global effort to avoid the worst economic downturn in decades, while grim Japanese data offered more proof of the damage caused by the global financial crisis.
With the end of merger talks between Chrysler and General Motor, there is rampant speculation about what happens next to Chrysler. Sure parent Cerberus Capital would prefer to sell Chrysler as a whole, but the odds of that happening aren't real strong.
Japan's core machinery orders posted their biggest quarterly fall in a decade in July-September and manufacturers expect only a small rebound in the last quarter of the year, boding ill for capital investment as the economy teeters on the brink of recession.
Prices in Japan kept climbing in September, the government said Friday, but the pace of inflation appears to have peaked this summer as energy costs ease.
A divided Bank of Japan cut interest rates for the first time in seven years on Friday, under government pressure to join the global response to the worst financial crisis in 80 years.
In this Web Extra the traders reveal how they're playing a slew of earnings reports including Chevron, Clorox, NYSE Euronext and much more!
This week is not only the last one of the month. It's also the week that could determine if GM holds on to the top spot in monthly auto sales in the U.S.
How should you trade as investor fears keep shifting? Find out from strategic investor Dennis Gartman!
Multi-millionaire investor Julian Robertson told CNBC that the United States is "just getting into the recession,” and that the poor economy will last as long as 10 to 15 years.
European stocks pared back some of the losses on Wednesday after plunging about 8 percent earlier in the session as credit fears grew.
This is for all of you who e-mail and call me "Toyota Phil" and for those of you who think I favor the Japanese automaker and never write anything critical.
These are turbulent times for investors. How do you keep the wealth you have intact? That's the question we've posed to analysts on CNBC Asia and this is what they have to say.
Over the last six months as I've filed numerous stories about the Chevy Volt, Nissan's plan to build an electric car, and Ford's focus on increasing fuel efficiency, I have heard the same thing from you: That's great, but what's Toyota doing?
I admit e-mail responses from bloggers and readers is not a scientific sampling. I admit these answers may only represent a small portion of the public.
Japanese Prime Minister Yasuo Fukuda said on Monday that he had decided to resign in an effort to break a political deadlock.
There's an interesting theory when it comes to the SUV market. It goes like this: now is the best time to buy an SUV because the used market has bottomed out and prices will soon start going up. The more I've heard this, the more I've talked with dealers. And you know what their reaction is? A good laugh.