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President Xi Jinping said China supports an open world economy and pledged further opening of its market to foreign investors. » Read More
By: Stacey Yuen
U.K.-based InterContinental Hotels announced it is planning to bring two hotel brands to China and Asia Pacific. » Read More |
By: Yen Nee Lee
Analysts said its obvious what India's troubled banks most need — but it's unlikely the government will give it. » Read More |
Qudian is offering 37.5 million American Depository Shares with a float price range of $19-$22 per ADS. » Read More |
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Chinese President Xi Jinping spoke Wednesday at the beginning of the Communist Party's once-every-five-year Party Congress.
Asian shares closed mixed as investors looked to China's Party Congress for signs on future policy direction.
China's ruling Communist Party spokesman promised Beijing will open its markets further.
Kazakhstan would follow in the footsteps of a number of countries and regulators to indicate interest in its own cryptocurrency.
Goldman Sachs said Tuesday that intensifying geopolitical tensions between the U.S. and Iran posed a long-term threat to global oil supply.
China's once-in-five-years Communist Party Congress is about politics rather than economics, but investors are still reading the tea leaves.
There's "a reasonable chance" the eleven TPP members could finalize a new deal without the U.S. next month, said Alan Bollard of the APEC Secretariat.
North Korea is so weak, its economy might not last long under tough U.N. sanctions, a high-ranking defector said.
President Donald Trump's apparent willingness to exit a pact with Iran could undermine any negotiations with another adversary: North Korea.
- China and emerging markets must stay 'vigilant' to possible risks, says IMF deputy managing director
Tao Zhang outlined his view on the global economy in his first interview with an international media organization since joining the IMF.
A North Korea envoy warned that the situation "has reached the touch-and-go point and a nuclear war may break out any moment."
The Nikkei 225 closed higher for an 11th straight session while a broader index of Asian shares were little changed on Tuesday.
North Korean race-goers who once risked three years hard labor for gambling are now able to bet on local horse races.
China has been trying to reduce its dependence on the dollar, but Beijing might want to rethink that plan, Michael Ivanovitch writes.
Intensifying tensions between Iraqi and Kurdish forces in the oil-rich region of Kirkuk could prompt a sustained rally in oil prices, an analyst told CNBC on Monday.
The Belt and Road Initiative will reshape the 21st Century global economy, with Hong Kong set to play a leading role.
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Thomas Ingenlath, CEO, Polestar, says his firm has a subscription model for a hybrid electric car that takes the worry out of maintenance.
Ben Luk, Global Macro Strategist, State Street Global Markets, says President Xi's pledge on more access to China is welcome, but foreign access to equities remains limited for now.
Kingsley Jones, founder and CIO, Jevons Global, says the markets are watching to see if President Xi is consolidating power to achieve social goals.
