BUSINESS: GOLDSEA

Subscribe Now to receive Goldsea updates!

Subscribe for updates on Goldsea: Asian American Daily

Subscribe Now

Business

Japan Forex Reserves Hit New High After Failed Intervention

Japan's foreign exchange reserves hit an all-time high in September ...

Toyota Steps Up Efforts to Win Back Customers

Aiming to win back customer trust after its string of ...

World Markets Flat, Dollar Slides Awaiting Fed Move

World stock markets were steady Thursday ahead of European interest ...

PepsiCo Revenues Soar on Overseas Growth

PepsiCo's third-quarter net income rose 12 percent on strong sales ...

Facebook Apps Found to Be Leaking Personal Data

The latest Facebook privacy fiasco shows that the world's largest ...

Luxury Sales Back to Pre-Crisis Levels

The luxury sector is rebounding better-than-expected this year thanks in ...

Nikkei Gains on Tech Optimism

Asian stock markets were mixed in early trading Monday, with ...

Hitachi, Johnson Controls Ink Lithium-Ion Battery Pact

Japanese electronics company Hitachi is tying up with a U.S. ...

Asia Stocks Fall, Dollar Strengthens on Fed Doubts

Asian stocks fell Monday at the start of a busy ...

Citi Posts $2.15 Bil. Profit As Loan Losses Decline

Citigroup says it has turned a profit for the third ...

France Forced to Cut Half of Flights Amid Strikes

France's civil aviation authority says airlines must drastically cut back ...

Halliburton Profits Double on Natural Gas Drilling

Halliburton Co. said Monday its net income more than doubled ...

Investors Encouraged by Citi Earnings, Housing Data

Better than expected third-quarter earnings from Citigroup Inc. on Monday ...

China Boosts U.S. Treasury Holdings After Drop

China, the largest holder of U.S. Treasury debt, increased its ...

Starbucks Starts Serving Beer, Wine

Something new is on the menu at a renovated Starbucks ...

Airline Profits Soared on Higher Fares, Fees

Fewer seats, higher fares and more money from fees may ...

Sept. Retails Sales Rose for Third Straight Month

Americans spent more money on cars, furniture and at hardware ...

IBM Beats Views, Raises Outlook

IBM's net income rose 12 percent and the technology company ...

East Asia Output Above Pre-Recession Levels

The World Bank raised its growth forecast for East Asia's ...

China Signals Full Recovery with Rate Hike

China raised its benchmark lending rate Tuesday for the first ...

Posco's $12 Bil. India Plant May Be Halted by Gov't

A government panel wants to withdraw environmental clearances for South ...

J&J Profits Up Slightly Despite Lower Sales

Health care giant Johnson & Johnson eked out a 2 ...

Coca-Cola Profits Up on Global Sales Growth

Coca-Cola Co.'s third-quarter net income rose 8.4 percent as it ...

Single-Family Home Growth Offset by Drop in Apts.

Home construction rose slightly last month on the strength of ...

Goldman Earnings Blow Past Forecasts

Goldman Sachs Group Inc.'s earnings easily beat analysts' forecasts again, ...

Intel to Spend $8 Bil. on U.S. Plants for Faster ...

Intel Corp. on Tuesday revealed the scope of its latest ...

J&J OTV Sales Fell 40% on Recalls

U.S. sales of Johnson & Johnson's nonprescription medicines plunged 40 ...

Dollar Hits 15-Year Low Against Yen

The dollar hit a fresh 15-year-low against the yen in ...

Apple Shares Touch New Record on iPad Hopes

Apple Inc.'s stock flirted with $300 Tuesday as investors high ...

Fed Leans toward 2-Step Stimulus

The Federal Reserve is leaning toward taking two steps to ...

Weak Dollar Brings Pros, Cons for Consumers

The way investors have unloaded the U.S. dollar lately, you'd ...

Strong Intel Sales, Profits Augur Well for PC Sales

Intel Corp. offered an encouraging sign Tuesday for what the ...

China Sept. Trade Surplus Shrinks to $16.9 Bil.

China's September trade surplus stayed high at $16.9 billion amid ...

Burberry to Expand Stores 25% on Strong Profits

Luxury goods company Burberry Group says sales rose by 17 ...

Eurozone Industrial Output Rises 1%

Industrial output in the 16 countries that use the euro ...

World Stocks Rise on Surging Intel Sales

World stocks rallied Wednesday after the Federal Reserve cemented expectations ...

Microsoft, Alibaba Test New China Search Engine

Microsoft Corp. and Alibaba Group, China's biggest e-commerce site, are ...

HTC G2 Impressive on T-Mobile's Faster Network

Two years ago, the Android invasion began when T-Mobile released ...

Asia Stocks Rise on Strong U.S. Earnings

Asian stock markets advanced in early trading Thursday, lifted by ...

Foreigners Find Irresistable Deals in U.S. Housing Bust

The Viceroy, a swanky condominium complex in downtown Miami, gives ...

Apple Set to Unveil Next Version of Mac OS X

Apple is inviting media to its Cupertino, Calif., headquarters for ...

Trade Deficit Surges As Businesses Restock

The U.S. trade deficit widened sharply in August, reflecting a ...

Wholesale Prices Rise on Food, Energy Costs

Wholesale prices rose last month due to higher costs for ...

Jobless Claims Rise Slightly to 462,000

Applications for jobless benefits rose last week for the first ...

Mortgage Rates Fall to 4.19%, Lowest in Decades

Rates on 30-year mortgages fell to 4.19 percent, the lowest ...

Google Profits Jump 32% on Soaring Ad Sales

Google said Thursday that its net income jumped 32 percent ...

AMD Returns to Profit in Core Chip Business

Advanced Micro Devices narrowed its third-quarter loss as the chip ...

Sony Ericsson Slips in Tough Smart Phone Market

Mobile phone maker Sony Ericsson on Friday reported a third ...

Infosys Reports 18% Higher Profits

Infosys Technologies Ltd., India's bellwether information technology outsourcing company, beat ...

GE Profits Fell 18% on Lower Equipment Sales

General Electric Co. says its third-quarter income fell 18 percent ...