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Sina Sells Shares to Chao's V.I. Holding Company

Sina Corp., an operator of Chinese language Web sites, said Friday it has completed the sale of 5.6 million shares for $180 million to a ...

iPhone Rings Up Impressive Orders Ahead of Korea Launch

The iPhone's arrival in South Korea is generating considerable buzz among consumers and industry watchers amid expectations it will shake up

Asian Stocks Fall on Dubai Fears, Low Dollar

Asian stock markets tumbled Friday, with Hong Kong and South Korea down nearly 5 percent, as fears mounted over the fallout from Dubai's massive debt

Dollar Rises, Stocks Fall on Weak Economic Data

Signs of a subdued economic recovery sent investors out of stocks Thursday and in search of safer assets like the dollar.

Japan's Recovery Threatened by Deflation, High Yen

Japan got word Friday that prices fell again in October, just as a surging yen threatens to worsen the deflation that is undermining the country's ...

Sony Pins Turnaround Hopes on 3D, OLEDs

A third to a half of the Sony Corp. TV sets sold annually will be packed with 3-D features by the year ending March 2013, ...

China Stimulus Could Fuel Trade Conflicts Says EU Report

China's stimulus spending has fueled massive overexpansion in industrial capacity that could drive a surge in low-priced exports amid weak global demand

Toyota Slashes Executive Bonuses 20%

Toyota is slashing bonus pay for managers as the Japanese automaker tackles a massive recall in the U.S. and deep losses for the second straight ...

Online Ad Revenues Show Quarterly Rebound

Online advertising revenue in the U.S. fell 5.4 percent in the third quarter from a year ago, as the sputtering economy kept its tight grip ...

Drop in Jobless Claims Prompts Small Rally

Stocks climbed Wednesday following a drop in weekly unemployment claims to the lowest level of the year and a rise in new home sales.

Tiffany Raises Outlook After Q3 Outperforms

Curbed discretionary spending pushed Tiffany & Co.'s U.S. sales lower in the third quarter, contributing to a 1 percent profit decline.

Volkswagen, Audi Sales Up 11% on China Boom

German car maker Volkswagen AG said Friday that its group deliveries were up 11 percent on the year in October

GM Reports $1.2 Bil. Loss, Sees Turnaround

General Motors Co. says it lost $1.2 billion from the time it left bankruptcy protection through Sept. 30, far better than it has reported in ...

Japan Reports Surprising 4.8% Growth in Q3

Japan's economy flexed more muscle than expected in the third quarter, as rekindled demand at home and abroad fueled its largest expansion

GE to Develop Aviation Electronics with China Firm

>General Electric's aviation unit is teaming with Aviation Industry Corp. of China to develop and market electronic systems for commercial aircraft customers

Sands to Resume Macau Casino Resort Construction

U.S. casino operator Las Vegas Sands Corp. plans to resume work in January on its multibillion-dollar gambling resorts in Macau after suspending construction

China Wants U.S. to Raise Rates to Save Recovery

China's top bank regulator said Sunday the weakening U.S. dollar and low interest rates are spurring speculation in stocks and property, distorting global asset prices

Google Cedes Partial Control over Online Library

Internet search leader Google will ease its control over millions of copyright-protected books earmarked for its digital library if a court approves a revised lawsuit ...

Rich Buying Again but Middle Class Still Hurting

American shoppers are splitting again: The affluent are finally starting to buy, picking up designer clothes at places like Nordstrom, while those on the lower ...

Eurozone Emerged from Recession in Q3

The 16-country eurozone has officially joined the United States and Japan out of recession, after figures Friday showed its economy grew by 0.4 percen

Stocks Jump on Upbeat Retail Data

Investors kept the stock market's upward momentum going Monday, sending shares sharply higher after retail sales rebounded more than expected

Federal Deficit Hits New Record in October

The federal deficit hit a record for October as the new budget year began where the old one ended: with the government awash in red ...

Boeing Fixes 787 Flaws, Vows Test Flight by Yearend

Boeing Co. said Thursday it has finished fixing structural flaws in the first of its long-delayed 787 jetliners.

China Signals Intention to Let Yuan Rise

The dollar edged up in trading against other currencies Thursday as the Chinese government appeared to signal that it may be willing to let the ...

Intel Settles AMD Dispute for $1.25 Bil., Faces Charges

Intel Corp. is paying Silicon Valley rival Advanced Micro Devices Inc. $1.25 billion to squash a legal battle over Intel's sales tactics,

China Automotive Systems Sees Profits Surge

China Automotive Systems Inc., which makes power steering components, said Thursday that third-quarter profit rose sharply on a boost in sales of components

Macy's Posts Smaller Loss, Raises Outlook

Macy's Inc.'s third-quarter loss shrunk as tight inventory controls and a move to localize merchandise at its department stores by region paid off.

HP Moves into Networking with $2.7 Bil. 3Com Buy

Hewlett-Packard Co. said Wednesday it is buying the 3Com Corp. networking company for $2.7 billion, the latest move by the world's No. 1 personal computer ...

Applied Materials to Cut At Least 1,300 Jobs

Applied Materials Inc. said Wednesday that fiscal fourth-quarter net income fell by 40 percent and announced it would cut 1,300 to 1,500 jobs

Beijing Court Blocks Sales of Some Windows Versions

A Beijing court has ordered Microsoft Corp. to stop selling some versions of its Windows operating system

GM Analysts Predict Strong November Sales

U.S. auto sales could top an annual rate of 10.8 million in November, General Motors Co.'s top sales analyst said Thursday.

U.S., Japan Expected to Recover Faster than EU

The world's rich and developed economies will grow faster next year, but recovery will remain modest, with the U.S. and Japan outpacing Europe

Sony Chief Outlines Turnaround Plan

Sony said it aims to be profitable in gaming and flat-panel TVs by the fiscal year ending March 2011, pushing 3-D technology as a way ...

Singapore Economy Grows for 2nd Straight Qtr

Singapore said its economy would expand as little as 3 percent in 2010, well below the high growth rates of past years

Home Construction Slowdown Cools Stock Market

Investors are turning cautious as an unexpected drop in home construction and disappointing forecasts from technology companies raise concerns

Obama Fears Too Much Stimulus Could Cause Double-Dip Recession

President Barack Obama says he's worried that spending too much money to help revive the economy could undermine a fragile U.S. recovery

Wen Says China Doesn't Seek Trade Surplus with U.S.

China's premier has told President Barack Obama that Beijing doesn't seek a trade surplus with the U.S.

Delta, Skyteam Offer JAL $1 Bil. to Dump American

Delta Air Lines and its alliance partners said Wednesday they are making a billion dollar offer to lure loss-making Japan Airlines from its affiliation

GMAC Gets $3.5 Bil. More Federal Aid

GMAC Financial Services is expected to receive $3.5 billion more in federal aid to further stabilize the automotive lender

Korean Regulator Approves iPhone

South Korea's telecommunications regulator cleared the way Wednesday for the launch of Apple's iPhone

Saks Surprises with Q3 Profits

Luxury retailer Saks Inc. eked out a profit for the first time in six quarters, even though its sales fell, by trimming expenses and scaling ...

Coca Cola Bets on China, India for Fast Growth

Coca-Cola Co. seeks to double its business in the next decade as it caters to the expected billion people worldwide who will join the middle ...

Time Warner to Spin Off AOL Dec. 9

Time Warner said Monday that it will spin off its Internet business, AOL Inc., as a separate company on Dec. 9.

Nissan, FedEx Urge Massive Move toward Electric Cars

A group of businessmen on Monday launched a new coalition to urge the federal government to make a major investment in electric transportation, pointing to ...

China Solar Panel Giant to Build Plant in Phoenix

Gov. Jan Brewer on Monday announced plans for a Chinese-owned solar panel maker to build its U.S. headquarters and a manufacturing plant in the Phoenix

Korea Exchange, CME Partner for After-Hours Futures Trading

Exchange operators CME Group Inc. and Korea Exchange Inc. said Monday they will team up to offer customers after-hours futures

Joojoo Web Tablet Set to Debut Despite Legal Dispute

The Joojoo, a Web-browsing tablet device that's the subject of a high-profile Silicon Valley legal dispute, appears on track to reach early buyers

Feds Oppose Google's Digital Book Deal

The U.S. Justice Department still thinks a proposal to give Google the digital rights to millions of hard-to-find books threatens to stifle competition and undermine ...

IPO Market Suddenly Looks Less Promising

Two IPOs expected to start trading Thursday were delayed as world financial markets continued to decline on concern about the pace of the global economic ...

Southwest Expects Record Revenues in 2010

Last year Southwest Airlines' revenue shrank for the first time ever. Now the CEO says it could rebound with record revenue in 2010.