The U.S. and 11 Pacific nations failed to reach a trade agreement, with talks on the largest regional trade agreement ever ending in deadlock.» Read More
"They have to do major reforms to keep on going, they can't keep kicking the can down the road, " said James McGregor, APCO China senior counselor, discussing whether the change in China's leadership will impact the way it deals with the United States.
Chinese exports in October hit a five-month high, rising close to 12 percent year on year, supporting views that the country’s economic recovery is on firm footing, but economists warn this surge in exports may not be sustainable.
Noel Quinn, Regional Head of Commercial Banking, Asia Pacific at HSBC says that trade growth in Asia is expected to rise next year despite previous reports showing weakening trade confidence in the region. He further explains why India and China are expected to lead this trend.
David Skov, Head, South China, Maersk Line describes how his company managed to post stronger earnings amid global economic worries, but identifies overcapacity as a longstanding issue.
The Hong Kong dollar is the solution to China’s currency problem. Over the last few weeks the territory’s monetary authority has had to intervene in markets to stop the currency from rising against the U.S. dollar. Some HK$14.3 billion ($1.85 billion) has been spent to preserve the peg. In these times of economic uncertainty, the need for an investable hard currency is so intense that even our little Hong Kong dollar is seen by some as a safe haven.
Steven Okun, chairman of the Asia Pacific Council at the American Chamber of Commerce, tells CNBC the U.S. has made positive economic and trade inroads with China over the last decade that he believes will continue.
Robert Prior-Wandesforde, Director, Asia Economics, Credit Suisse says that Asian exporters will receive a boost as the U.S. rebuilds itself after Hurricane Sandy.
Japanese companies, bearing the brunt of the economic fallout from a territorial dispute between China and Japan, appear to be heeding one message from the spat: adapt now or pay the price of a dispute that looks likely to rumble on for some time.
Across the nation’s Corn Belt, even as the worst drought in more than 50 years has destroyed what was expected to be a record corn crop and reduced yields to their lowest level in 17 years, farmland prices have continued to rise.
The state’s grip on the economy has been tightening. Could foreign pressure persuade the new leadership to reverse course?
Gerry Wang, CEO, Seaspan explains his company's business model to CNBC. He adds that the average lease on one of its ships is for 10-12 years.
CNBC's Rick Santelli reports a slew of economic data, including the latest jobless claims numbers, international trade, and import/export prices, with CNBC's Steve Liesman.
As a candidate, Mitt. Romney accuses China of stealing jobs of Americans by cheating. But his investments with Bain Capital is undermining his campaign message, The New York Times reports.
CNBC's Rick Santelli breaks down the latest data on wholesale trade.
CNBC's David Faber reports on the growth of Asian exports.
Singapore conglomerate Fraser and Neave (F&N), the takeover target of a Thai tycoon, said it had rebuffed a S$1.4 billion ($1.14 billion) bid for its hospitality and serviced residence business.
A deepening dispute between China and Japan over a cluster of tiny uninhabited islands, some no bigger than rocks jutting out of the East China Sea, threatens to throw one more (big) monkey wrench into the slowing machinery of the global economy.
Japan's current account surplus unexpectedly rose in August from a year earlier due to an increase in earnings on overseas investments, but sagging exports due to the faltering Chinese economy and Europe's debt crisis still cloud the outlook.
Bert Hofman, Chief Economist, East Asia & Pacific at the World Bank said he expects the Chinese economy to grow 8.1% in 2013, boosted by the mainland's policy easing earlier this year and a rebound in global trade.
A dispute between the U.S. and China over illegal trade practices, which has sparked worries over a potential trade war between the world’s two largest economies, has “more bark than bite”, according to the World Trade Organization’s (WTO) Director General Pascal Lamy.