Commodities' drop curbs risk appetite
2011-05-09 10:33:52
US stock investors head into this week with added worries about the sustainability of the recent rally and a desire to reduce risk.
Apple world's most valuable brand
2011-05-09 09:50:21
Apple has overtaken Google as the world's most valuable brand, ending a four-year reign by the Internet search leader, according to a new study by global brands agency Millward Brown.
US jobless claims hit 8-month high
2011-05-05 22:17:41
The number of Americans filing for jobless benefits rose to an eight-month high last week and productivity growth slowed in the first quarter.
Greece may need more euro zone help
2011-05-09 09:49:33
Greece's debt problems may require further help from euro zone countries but Britain is not keen to be part of any further rescue.
ASEAN to provide access to financing for SMEs
2011-05-08 16:40:49
Trade ministers of ASEAN have agreed to provide access to financing and to set product standard for small and medium enterprises.
US CBO says $871b deficit so far in FY 2011
2011-05-07 08:50:12
The US budget deficit totaled $871 billion for the first seven months of this fiscal year, the Congressional Budget Office said on Friday.
Sino-Austrian bilateral trade to double
2011-05-06 07:53:25
Austria and China - the country's biggest trading partner outside the EU are expected to double bilateral trade volume within five years.
Networks, Emmys, reach 8-year, $66m
2011-05-05 15:02:41
The Emmy Awards and the four major TV networks agreed to an eight-year, $66 million deal that allows for changes in the ceremony.
Rio Tinto chairman warns global economy remains weak
2011-05-05 13:39:57
Rio Tinto is running strongly and benefiting from favourable but volatile markets for its products, the head of the Australian mining company said on Thursday.
China, US have great potential to grow together
2011-05-05 11:23:49
The US and Chinese economies have great potential to grow together and the two sides need to make concrete progress in bilateral cooperation, said Lael Brainard, an undersecretary at the Treasury Dept.
Experts: Time not ripe to float China's yuan
Freddie Mac loses $929 million
2011-05-05 10:44:28
Mortgage finance giant Freddie Mac (FMCC.OB) on Wednesday said it lost just short of a billion dollars last quarter, though it did not ask taxpayers for more aid as the loss stemmed from interest payments to the government.
S.Korea approves EU free trade bill
2011-05-04 22:28:32
South Korea's parliament approved a free trade bill with the EU on Wednesday, clearing the last obstacle for the pact to take effect.