UBS announced a net profit of $1.4 billion for the second quarter of 2019.Earningsread more
Japan and South Korea are part of a complex and tightly linked supply chain that produces electronic goods such as smartphones and laptops.Technologyread more
Michael Kugelman from the U.S.-based Wilson Center says other issues take precedence in the bilateral dialogue between the United States and Pakistan — namely, Afghanistan and...Asia Politicsread more
Beijing says it can still meet its 2019 growth target of between 6% and 6.5% and continues to roll out stimulus measures to prop up activity. China set a 2019 industrial...China Economyread more
A different oil pricing dynamic has been evolving with new supply calculations based on the U.S. as the world's largest producer.Market Insiderread more
The Massachusetts senator's alarm-sounding on consumer debt neglects to measure it against the growth in the economy and the ability to pay.Economyread more
Stocks in Asia Pacific edged up on Tuesday, as investors await closely-watched central bank meetings in the coming days.Asia Marketsread more
More than half of Venezuela's 23 states lost power on Monday, according to Reuters witnesses and reports on social media, a blackout the government blamed on an...World Politicsread more
Equifax will give consumers a range of options for monitoring their credit or making claims of fraud or data misuse, part of a $425 million restitution fund.Technologyread more
The deal between the White House and Democrats was earlier expected to raise the debt ceiling for two years and permanently end the sequester.Politicsread more
Britain's Antstream is jumping into the cloud gaming battle with a streaming platform for retro titles. And Tencent just backed the company.Technologyread more
Bill Gross on Monday said hitting 5,000 represents "a little bit of a bubble" in some technology stocks, including those that are up 10 percent and 15 percent year to date.
The Janus Capital fund manager and Pimco founder added that negative yields promote bubbles and, to some extent, distort capitalism.
It's not the same as it was in 2000, but it's "certainly an overvaluation that might, at some point, be corrected," Gross said on CNBC's "Power Lunch."
He said negative interest rates "confiscate capital" and cause people to mindlessly pile into equities.
"There is a translation mechanism that the central banks are willing to endure," Gross said.
Read MoreGross takes aim at central banks
"What we've seen over the past few months, the initiation of quantitative easing in euroland and the continuation of quantitative easing in Japan, [is] huge amounts of money, which liquefy markets and which promote an upward drift in equity markets all around the world, " he said.
Earlier Monday, in his latest letter to investors, Gross warned that low interest rates globally destroy financial business models that are "critical to the functioning of modern-day economies."
Gross forecasts that ultra-easy central bank monetary policies will begin to hurt the global economy.
"Investors and bondholders who have cheered every instance of lower and now subzero yields in developed countries because of near-term capital gains that accompany them, must now beware of the potential negative consequences going forward," Gross said in his address to clients. "Central banks have gone and continue to go too far in their misguided efforts to support future economic growth."