Indian billionaire investor Rakesh Jhunjhunwala says he's very upbeat about his country's growth potential after the country underwent a massive banking crisis and the rollout...Asia Economyread more
There's more pain ahead for the U.S. and China amid their bilateral trade dispute, according to one expert.China Politicsread more
The U.S. government on Monday temporarily eased some trade restrictions imposed recently on China's Huawei, a move that sought to minimize disruption for the telecom company's...Technologyread more
You know there's an underlying problem when investment firms start to cut exposure to a particular asset class.Commentaryread more
Stocks in Asia mostly recovered in Tuesday afternoon trade as investors cheered a reprieve in U.S.-China trade tensions surrounding Chinese telecommunications giant Huawei.Asia Marketsread more
The issue of corporate debt has surfaced as companies continue to use the low rates the Fed has provided to lever up their balance sheets.The Fedread more
A record 257.4 million travelers are expected to opt for U.S. airlines for travel this summer, the 10th consecutive annual increase, a trade group forecast on Tuesday.Airlinesread more
Huya, a Chinese live streaming platform focused on gaming, is looking to expand into the U.S. in the next couple of years, CEO Rongjie Dong told CNBC. The U.S. is expected to...Technologyread more
Most U.S. hedge funds aren't expecting another big stock market sell-off as more firms curb bets on volatility, according to Nomura.Marketsread more
Mall owners are increasingly building out food halls with local chef-driven eateries, sushi bars and premium coffee shops.Retailread more
While Trump's lawyers had argued that the committee's subpoena did not have a legitimate legislative purpose — and was therefore invalid — Mehta took a broader view.Politicsread more
Defense Secretary James Mattis said Thursday the military is "ready" to counter the threat from North Korea.
"My responsibility is to have military options if needed," Mattis told reporters in Mountain View, California, where he was visiting a new Defense Department arm designed to speed the integration of new technologies into the U.S. military. "We are ready."
The visit came amid rising tensions over a series of North Korean missile tests that prompted President Donald Trump to threaten the Asian nation with "fire and fury."
When asked what options the U.S. has ready, Mattis declined to answer, saying instead, "I'm not going to tell the enemy what we're going to do."
Mattis said the U.S. effort to counter the nuclear missile ambitions of North Korean leader Kim Jong Un is being "diplomatically led."
Mattis praised the efforts of Ambassador Nikki Haley that resulted in a U.N. Security Council resolution condemning North Korea's actions.
The unanimous vote "didn't just happen by accident," Mattis said. The U.S. is "dealing with the threat with an effective diplomatic effort," he said.