The EU opened a formal investigation into Amazon on Wednesday centered on how the e-commerce giant uses merchants' data.Technologyread more
Analysts and investors are keen to find out how looming interest rate cuts will impact the second biggest U.S. lender by assets.Financeread more
IAC is set to invest $250 million in Turo, a peer-to-peer car-sharing firm that is often referred to as the "Airbnb for cars."Technologyread more
U.S. officials see the deal as a threat to NATO, for which Turkey provides the second-largest military.World Politicsread more
Google's services have been blocked in China for several years, but the company still has a business there, as the tech giant seeks to sell products to Chinese firms in...Technologyread more
China may have signaled it's going more hard-line on trade, but it could be a good thing, former U.S. negotiator Clete Willems told CNBC.World Economyread more
While the vote served as a show of solidarity for Democrats, it recommended no substantive penalty against Trump.Politicsread more
Barney Frank, former chairman of the House Financial Services Committee, says that significant progress has been made to reduce the amount of imprudent household lending in...Invest in You: Ready. Set. Grow.read more
Facebook's cryptocurrency project has already been met with skepticism from policymakers around the world.Technologyread more
United's Optum is launching a new partnership with John Muir Health aimed at helping the small northern California hospital operator become more competitive with its larger...Health and Scienceread more
A key read on the industry, the Architecture Billings Index, fell into negative territory in June, according to the American Institute for Architects. Inquiries for new...Real Estateread more
Figures from the National Bureau of Statistics released on Sunday showed under-target consumer inflation, with the consumer price index (CPI) rising 1.9 percent in June from a year ago primarily due to lower food prices. Economists had forecast a 1.8 percent rise, after the country logged a 2.0 percent increase in May.
With the CPI under the official 3 percent inflation target, the People's Bank of China (PBOC) will have "more leeway to stimulate the economy" to help it achieve its 6.5 percent growth target, said Hao Zhou, Commerzbank's senior emerging market economist for Asia.
"It makes more sense for China to cut interest rates," Zhou told CNBC's "Squawk Box " on Monday.
"China is talking about supply-side reforms but I think China needs to stimulate on the demand side," he added.
Nomura's chief economists said, meanwhile, that although the CPI may spike temporarily in the months ahead due to heavy flooding in South China that would increase food costs, monetary policy was likely to remain accommodative.
"Such a spike should be short-lived. The temporary spike in CPI and PPI (Producer Price Index) is unlikely to pose a meaningful constraint on monetary policy easing, as we expect the PBOC to see through the temporary supply shocks and maintain an accommodative policy stance to curb downward pressure on growth," they said in a note on Sunday.
The house expects three more cuts to the bank reserve requirement ratio (RRR) - the amount of captial banks are required to hold - and one interest rate cut in the second half of 2016.
The PBOC last cut interest rates on Oct. 23, for the seventh time since late 2014. The RRR was last cut in February, the fifth time in 12 months.
China's leaders have set an economic growth target of 6.5 percent to 7 percent for 2016, after the economy expanded 6.9 percent last year, its slowest pace in a quarter of a century.
The world's second-largest economy is set to release its second-quarter GDP data on July 15.
- Reuters contributed to this report.
Follow CNBC International on and Facebook.