3 bn more Asians may be affluent by 2050
2011-05-04 19:47:02
Some 3 billion Asians could rise to affluent status by 2050 if Asia sustains its present growth momentum.
Next gets warm weather
2011-05-04 19:02:32
Next, Britain's No. 2 fashion retailer, raised its guidance after first-quarter sales beat expectations.
US sues Deutsche Bank in mortgage fraud case
2011-05-04 13:01:14
The US government sued Deutsche Bank AG for more than $1 billion, accusing the German bank of defrauding it by repeatedly lying to obtain federal insurance guarantees on mortgage debt.
Japan taps Indonesia as car production base
2011-05-04 11:16:46
Indonesia's improving investment climate and high automobile sales led two major Japanese car makers, Daihatsu and Suzuki, to name the country their production base for global and regional markets, local media reported here on Wednesday.
US makes progress to win back trust on debt: Geithner
2011-05-04 09:21:42
US treasury secretary Timothy Geithner said the US is making progress in winning back the trust in its ability to manage its debt.
Guinea seeks 'win-win' investment
2011-05-04 07:31:37
Guinea "welcomes" Chinese investment to stimulate economic growth in what Alpha Conde, president of the West African state, said was a "win-win" situation.
US to push China for financial reforms
2011-05-04 07:03:25
The United States will attempt to push China to further its financial reforms and open up its capital market to foreign firms.
Nasdaq tightens vise on NYSE
2011-05-03 15:42:27
Nasdaq OMX Group and IntercontinentalExchange Inc will take their takeover bid for NYSE Euronext straight to the Big Board's shareholders.
India lifts key interest rates by 0.5%
2011-05-03 16:17:18
Indian central bank Reserve Bank of India decided to raise key interest rates by 0.5 percent Tuesday to contain persistent high inflation, according to its latest monetary policy statement.
Dollar rises, oil slides after bin Laden killed
2011-05-02 14:01:54
The dollar rebounded from three-year lows and US crude slid more than 1 percent on Monday after news al Qaeda leader Osama bin Laden was killed.
Oil falls below $113 after bin Laden killed
2011-05-02 13:41:17
Oil prices eased off two-and-a-half-year highs to below $113 a barrel Monday after President Barack Obama announced that al-Qaida leader Osama bid Laden had been killed.
Samsung net profit drops 30% in Q1
2011-04-29 11:25:56
Samsung Electronics' first-quarter net profit fell 30 percent from a year earlier due to slowing sales of flat panels and TVs.