IPad 2 hits overseas stores after US sellout

2011-03-25 14:18:49

Hundreds of customers lined up outside Apple stores in Australia and New Zealand on Friday for the international launch of the iPad 2, which has flown off the shelves in the United States leaving the company struggling to meet demand.

Japan floods money markets for 6th straight day

2011-03-22 14:56:32

The Bank of Japan (BOJ) on Tuesday flooded the money market with US$ 24.7 billion in order to ensure interest rates don't spike and regional banks and other institutions can continue to lend to each other.

Oil up on Libya strikes

2011-03-21 20:22:55

The weekly average price of the Organization of Petroleum Exporting Countries (OPEC) last week dropped slightly to 107.77 U.S. dollars per barrel last week, the Vienna-based cartel said Monday.

IBM agrees to settle China bribery case

2011-03-21 09:59:35

IBM Corp. has agreed to pay $10 million to settle allegations that it bribed Chinese and South Korean government officials to win contracts.

AT&T to buy T-Mobile USA

2011-03-21 10:40:12

AT&T plans to pay $39 billion to buy Deutsche Telekom AG's T-Mobile USA in a deal that is expected to attract intense regulatory scrutiny as it creates a new US mobile market leader.

Japan post-quake economy 'won't collapse'

2011-03-17 19:39:45

The Japanese economy would not collapse despite the triple strike of earthquake, tsunami and radioactive leaks, Ernst & Young Chairman and Chief Executive Officer James S. Turley said here Thursday.

Japan feeds more money to banks as stocks slump

2011-03-15 15:26:52

Japan's central bank pumped billions more into the financial system Tuesday to quell fears.

China has 115 billionaires - forbes

2011-03-11 08:01:49

The number of Chinese billionaires nearly doubled to 115,according to Forbes magazine's Billionaires List of 2011.

India's inflation worse than expected in Feb

2011-03-14 16:09:31

India's inflation quickened to an uncomfortable 8.3 percent in February, while solid growth in production and exports failed to stem the outflow of foreign portfolio investment in Asia's third largest economy.

Japan's economy may suffer in post-quake months

2011-03-12 13:27:49

Economic impact of Friday's devastating earthquake that struck the northeast of the country, unleashing a tsunami as high as 10 meters, was as yet unknown, but likely to be severe.

Debasing dollar not work for US trade deficit

2011-03-10 15:38:34

Debasing the US dollar would not help reduce the massive US trade deficit with China.

Toyota bets on emerging markets, to double profit

2011-03-10 10:03:25

Toyota Motor Corp will rely more on emerging markets for sales and launch about 10 new hybrid models under a long-term strategy aimed at nearly doubling profits before 2015, its president said on Wednesday.