Ansuya Harjani, NBR, CNBC.com’s Posts

Samsung Electronics is spending more to build its new flagship Galaxy S5 than the previous model despite a slowdown in the high-end smartphone market. The 32-Gigabyte Galaxy S5, which is water resistant and features a heart-rate monitor and fingerprint scanner, costs an “astronomical” $256.52 to build, according to teardown analysis by IHS. The model, which was …

The rapid deterioration in China’s economic momentum has put focus squarely on the world’s number-two economy, with several banks sharply cutting their gross domestic product (GDP) forecasts. Bank of America Merrill Lynch (BofAML), Barclays and Nomura lowered their growth projections for the mainland economy late Thursday, following a spate of disappointing economic data for the …

The investigation into the mysterious disappearance of a Malaysia Airlines flight taking off from Kuala Lumpur to Beijing, has presented some twists and turns in recent days. Malaysia Airlines flight MH370 – carrying 227 passengers and 12 crew members –vanished from radar screens less than an hour after taking off from the Malaysian capital early …

Investors’ bullishness on gold at the start of this year looks set to continue, with bets on rising prices for the precious metal rising to the highest level in over 14 months. According to U.S. Commodity Futures Trading Commission data, gold futures’ net-long positions – where investors bet on the price of an asset rising …

Stock markets extended gains on Tuesday afternoon, continuing to bounce back from a heavy bout of selling, as Russian President Vladimir Putin quelled fears of immediate conflict in Ukraine. Putin, speaking at a press conference in Moscow on Tuesday, said there was “no need yet” for Russia to exercise its authority, adding that he was …

The tightly controlled Chinese yuan will eventually supersede the dollar as the top international reserve currency, according to a new poll of institutional investors. The survey of 200 institutional investors – 100 headquartered in mainland China and 100 outside of it – published by State Street and the Economist Intelligence Unit on Thursday found 53 percent of …

The rapid slide in the yuan, which has become increasingly correlated with other Asian currencies, could have wider implications on demand for U.S. Treasurys from the region, according to one market watcher. “Aside from the Fed [Federal Reserve], the Chinese are the largest holders of Treasurys and whilst they have not been active buyers for …

Facebook’s staggering $16 billion acquisition of WhatsApp is a sign of sheer “desperation,” according to one industry watcher, who argues that the social networking giant has overpaid for the mobile-messaging start-up. “This is crazy money. I think they massively overpaid for this. They’ve done it because they are desperate,” Rob Enderle, principal analyst at Enderle Group, told CNBC …

From overhead television monitors that played select movies on a loop to seatback touch screens with a rich library of content – airlines have made great strides in in-flight entertainment over the past two decades, and it’s about to get even better. There are several technologies currently being developed to take in-flight entertainment and the …

Following Apple’s disappointing earnings report, a debate is heating up over where the consumer electronics giant’s share price is headed, with one analyst calling for a near 40 percent fall in the stock. Bert Dohmen, president and founder of Dohmen Capital Research Institute has a long-term downside target of $320 for the stock, citing the company’s declining …

Global growth is set to accelerate in 2014 as advanced economies turn a corner five years after the global financial crisis, said the World Bank. Growth is projected to strengthen to 3.2 percent this year, 3.4 percent in 2015, and 3.6 percent in 2016 – up from 2.4 percent in 2013. “Most of the acceleration …

New Zealand will be the “rockstar” economy of 2014, with growth set to outpace most of its developed markets peers, according to HSBC, a stark contrast with neighboring Australia, which is struggling to maintain economic momentum. “We think New Zealand will be the rockstar economy of 2014. Growth is going to pick up pretty solidly …

Gold had a tumultuous run in 2013 but don’t expect any respite in the new year, said UBS, which anticipates double-digit percentage losses over the next 12 months. “For investors who have gold, it’s just going to be an awful year again,” said Dominic Schnider, head of non-traditional asset classes at UBS Wealth Management, who sees …

Tablet computer sales have been on fire this year, but a shift in consumer preferences is set to douse demand in the coming years, according to International Data Corporation (IDC).  Worldwide tablet shipments are expected to reach 221 million units in 2013, up 54 percent on year, IDC forecasts. Next year, shipment growth is projected …

Chinese students have come out on top in an international standardized test covering mathematics, reading and science, far outscoring their U.S. counterparts who achieved below average marks in two out of three subjects.  The results of the 2012 Program for International Student Assessment (PISA) – which measures literacy of 15-year-old students in three subject areas …