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 were mostly higher on Tuesday as a temporary reprieve in U.S.-China trade tensions provided a breather.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
Police in Australia said on Wednesday they are investigating several suspicious packages sent to embassies and consulates, which media reports and other officials said included the U.S. and British missions, in the cities of Melbourne and Canberra.
"The packages are being examined by attending emergency services," the Australian Federal Police (AFP) said in a short statement without providing further details.
"The circumstances surrounding the incidents are being investigated," the statement said.
Police did not identify any of the embassies or consulates involved.
Australian media reported earlier that packages were sent to at least nine international missions in Melbourne, Australia's second-largest city, including the British, German, Swiss and Indian embassies.
Images taken by 9News showed firefighters and paramedics attending the Indian and U.S. missions in Melbourne. There were no immediate reports of any harm to staff.
A spokeswoman for the British High Commission confirmed its office in Melbourne had received a suspicious package.
"We are liaising closely with the AFP and the local authorities regarding the situation," the spokeswoman said.
"All our staff are safe and accounted for," she said.