S&P cuts Japan sovereign rating outlook

2011-04-27 15:39:51

Standard and Poor's threatened to cut Japan's sovereign credit rating again.

HSBC to slash up to 3% of MidEast workforce

2011-04-27 15:32:09

HSBC, Europe's largest bank, plans to cut its Middle East workforce by up to 3 percent, the lender said in an emailed statement on Wednesday.

Amazon eyes rosy revenue

2011-04-27 10:02:18

Amazon.com gave a confident revenue forecast that suggested its aggressive expansion into new businesses is paying off.

Asia to play bigger role on world stage

2011-04-26 08:22:44

Asia will play more important role in the process of global economic governance reform.

Nissan recalls 196,000 SUVs on corrosion risk

2011-04-25 21:58:37

Nissan Motor Co Ltd recalled nearly 196,000 older-model Pathfinder and Infiniti QX4 SUVs.

NYSE sees higher savings

2011-04-25 10:37:33

NYSE Euronext sees cost savings in its $9.8 billion deal with Deutsche Boerse at closer to 400 million euros ($583 million).

Gold hits record highs on weak dollar

2011-04-25 10:22:54

Spot gold rose to a record of $1,513.70 an ounce on Monday, extending the record-breaking rally to the seventh consecutive session.

Gold soars to record in sixth straight session

2011-04-23 13:51:22

Spot gold surged to a lifetime high on Friday in thin holiday trade, hitting a record for a sixth consecutive session on a weak dollar.

Malaysia visit could boost bilateral trade

2011-04-23 09:35:36

Bilateral trade between China and Malaysia is likely to reach $100 billion within the next three years.

Toyota recalls 308,000 SUVs in US

2011-04-22 16:19:54

Toyota Motor Corp. announced Thursday it will recall about 308,000 SUVs in US to fix problems related to unwanted airbag deployments.

GE's profit fails to stir Wall Street

2011-04-22 09:41:35

General Electric Co posted an 80 percent rise in profit that topped Wall Street's expectations, helped by a strong recovery in its finance arm.

Samsung counter sues Apple

2011-04-22 16:54:13

Samsung Electronics Co.filed patent lawsuits against Apple over the US firm's iPhone and iPad in a tit-for-tat case.