WASHINGTON, Feb 12- U.S. consumer spending regained momentum in January as households ramped up purchases of a variety of goods, in a hopeful sign that economic growth was picking up after slowing to a crawl at the end of 2015.. The Commerce Department said retail sales excluding automobiles, gasoline, building materials and food services increased 0.6 percent...» Read More
In the presidential campaign, China has become a focal point encompassing security and economic concerns, highlighting the nations’ complex relationship, The New York Times reports.
After generations of manufacturers have folded because they were unable to compete with imports, meet a New York business that has managed to crack the code.
Phillip Chan, Director, Shenyin Wanguo Securities and Nicholas Smith, Director and Strategist, CLSA discuss the economic and trade impacts of China and Japan's dispute over the Senkaku/Diaoyu islands.
The Chinese government’s recent $150 billion infrastructure push has helped improve sentiment among the country’s business community, shows a private-sector survey.
CNBC's Rick Santelli talks about the risks and rewards of automated trading, with Thomas Peterffy, Interactive Brokers CEO. "Let us work on how to fix these problems and not throw the baby out with the bath water," he adds.
A survey by HSBC showing China’s manufacturing activity rose marginally in September has raised hopes that a slowing Chinese economy is finally stabilizing, but economists say a turnaround may still be far away.
We're not talking about the Persian Gulf. It's the South China Sea where China and Vietnam are on a collision course that could result in higher commodity prices and far worse.
Japanese auto and tech companies risk having their credit ratings downgraded if the dispute between Asia’s two biggest economies is prolonged, Fitch Ratings cautioned on Tuesday.
As trade tensions between the U.S and China heat up, with both countries filing complaints to the World Trade Organization (WTO) on Monday, experts say the grumbling is no more than posturing in a politically important year for Beijing and Washington and should fizzle out eventually.
CNBC's Phil LeBeau reports the President has filed a complaint with the World Trade Organization, accusing China of $1 billion in illegal subsides for exports of cars and car parts.
Some Japanese firms like Panasonic and Canon shut down factories in China on Monday after violent protests over a territorial dispute, but regional strategists say the disruption to business will be short-lived as the two trade partners cannot afford to let the situation get out of hand.
Ngozi Okonjo Iweala, Finance Minister of Nigeria and Coordinating Minister for Economy debunks claims of how China might be exploiting Africa in certain unsavory regimes.
The U.S. Government’s high debt levels are a greater cause of concern than those of euro zone countries, says Li Daokui, a former Chinese central bank adviser, urging the world’ largest economy to push ahead with reforms to put its fiscal house in order.
After a robust 2011, when loan growth came in at 14 percent, Hong Kong’s banking sector will be facing “significant” headwinds this year as demand for credit slows and low equity-raising activity by corporates crimp revenues, according to consulting firm KPMG.
As if to counter increasing market chatter about China’s inability to meet its 2012 growth targets, Chinese Premier Wen Jiabao on Tuesday pledged that the country’s growth momentum remained intact and promised to tap into its massive fiscal stability fund if necessary.
On Tuesday, the Commerce Department reported the deficit on international trade in goods and services was $42.0 billion in July, up slightly from $41.9 billion in June.
CNBC's Rick Santelli breaks down the better-than-expected numbers on international trade.
Latin America’s second-largest economy—Mexico— wants to reduce economic dependence on the United States, says President Felipe Calderon, who warns of “very weak growth” from its northern neighbor.
Dimitris Tsitsiragos, Vice President of MENA for International Finance Corporation says investment and trade can help create jobs in the Middle east and North African regions.
Turkey’s dependence on imported oil is hampering its growth, and is likely to continue doing so as the country’s prosperity increases, regional analysts and energy experts say.