Gold is the “elephant in the room,” being used as an alternative monetary asset because of unease about strength of developed economies, World Bank Chief Robert Zoellick told CNBC.

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Zoellick Sees ‘Elephant,’ Not Endorsing Gold Standard

Prime Minister David Cameron leads a heavyweight group of British politicians and business chiefs on a visit to China this week which will focus squarely on expanding trade ties with the world’s second-largest economy.

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UK’s Cameron Seeks to Bolster Trade Ties With China

China’s official purchasing managers’ index (PMI) for manufacturing rose to a six-month high, blowing past expectations and highlighting the strength of the world’s second-largest economy.

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China October Manufacturing Leaps Past Forecast

Singapore Exchange unveiled an agreed A$8.4 billion ($8.3 billion)  takeover offer for Sydney-based ASX on Monday to create the fifth-largest listed exchange in the world.

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Singapore Exchange to Merge with ASX in $8.3 Billion Deal

Shares of the world’s biggest semiconductor maker popped higher in extended trading Tuesday after the company reported a quarterly profit that beat expectations.

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Intel Earnings, Revenue Surpass Wall Street Forecasts

After making the short heard ’round the world with his bet against the subprime housing market, here’s what Steve Eisman, one of the key players in “The Big Short,” is betting against now.

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The New ‘Short’: What Steve Eisman’s Betting Against Now

Rising fear over food prices will affect not only consumers around the world, but also investors, who will face an array of conflicting choices as grain shortages and demand increases cause havoc in financial markets.

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With Global Food Prices Rising, What Should Investors Do?

There’s a class war coming to the world of government pensions. The haves are retirees who were once state or municipal workers. The have-nots are taxpayers who don’t have generous pensions

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Battle Looms Over Huge Costs of Public Pensions

Chinese inflation quickened to a 19-month high in May, but a moderation of growth in factory production and capital spending could further ease worries that the world’s third-largest economy runs the risk of boiling over.

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China Inflation Accelerates to 19-Month High in May

The chief economist for the World Bank said on Saturday that if China were to revalue its currency it would actually hurt rather than help the U.S.

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China Revaluation Would Hurt US: World Bank’s Lin