Cyberattacks against accounting software firm Wolters Kluwer and the City of Baltimore in May showed how the newest wave of malicious hacking can have significant, often...Technologyread more
The European parliamentary election is the second largest democratic exercise in the world.Europe Newsread more
Buybacks have gotten a bad rap from both Republicans and Democrats. But stocks would be trading at a massive discount without them.Marketsread more
Fiat Chrysler and France's Renault could soon partner up to take on the sweeping changes to the global auto industry, according to a report in the Financial Times. The...Autosread more
When commercial real estate investor Manny Khoshbin spent $2.2 million on the fastest production car in the world, he had no idea it would very quickly also become the...Autosread more
Microsoft shares have gained 133% since November 2015, outperforming a tech "basket of unicorns" over that stretch.Technologyread more
The president's state visit comes amid tensions with carmaker Toyota over potential auto tariffs. Trump has repeatedly threatened Japanese and European carmakers with tariffs.Traderead more
The IRS is about to release a new draft of Form W-4, which will more closely reflect the changes stemming from the Tax Cuts and Jobs Act. For workers, that means they'll need...Personal Financeread more
The Mega Millions jackpot has spilled over $400 million. It would be the ninth largest winning since the game began in 2002.Personal Financeread more
Trump was speaking at a meeting of Japanese business leaders in Tokyo during his state visit to Japan on Saturday.Marketsread more
The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
The issue of gun ownership rights was inherently related to the fight against extremism, warned former Australian Prime Minister John Howard on Tuesday.
"There's no good pretending these issues don't relate," the 76-old said on the sidelines of the annual JPMorgan Global China Summit in Beijing.
Howard, who served as Australia's prime minister from 1996 to 2007, is widely known for his fierce stance on the possession of firearms. He introduced strict national gun control laws following the 1996 Port Arthur shooting in Tasmania in which 35 people died.
The decision to enforce total prohibition on automatic and semi-automatic weapons back then drastically reduced the number of mass shootings and the likelihood of them occurring in the future, Howard told CNBC.
In the U.S., the Second Amendment of the Constitution has been interpreted as granting the right of gun ownership to individuals for purposes that include self-defense but recent episodes of violence have prompted some lawmakers to question revoking that right.
Such a constitutional guarantee was "perplexing," Howard said.
"I would never presume to lecture another country...[but] I hope out of this horrible event that there is that debate, but I also respect the fact that America is different from Australia," he continued, referring to the recent deadly shootings in Orlando, Florida that claimed 49 lives.
"When something like this happens, the most important thing is to call it as it is. Obviously the ready availability of weapons is a big issue, obviously Islamic fanaticism is a big issue...[and] the intolerance of those against different lifestyles."
—Follow CNBC International on and Facebook.