Asian Stocks Rebound from U.S. Rate Hike Shock
Asian stock markets rose sharply Monday, recovering from a tumble last week when the U.S. central bank decided to pull back one of its emergency ...
Business
China Imports Skyrocket As Trade Enters Full Recovery
China's export growth accelerated in January and imports rose, adding to signs a recovery in global and Chinese demand is on track.
Bank of Korea Keeps Interest Rates at Record Low
South Korea's central bank left its key interest rate at a record low Thursday after the country's economic growth slowed at the end of last ...
Commercial Real Estate Danger Seen by Panel
Over the next several years, failed commercial real estate loans could litter American cities with empty stores and office complexes
China Inflation Eases, Cuts Interest-Rate Pressure
A spike in China's inflation eased in January, reducing pressure for Beijing to hike interest rates and cool surging prices as it tries to keep ...
Silicon Valley Economy May Be Losing Global Edge
Silicon Valley's economy took a big hit during the global meltdown and could have trouble climbing out, according to a report released Wednesday.
Americans Spent Modestly in January
Americans backed off from their holiday spending pace in January, but retail sales rose for a third month in a row compared with a year ...
Opera to Unveil Unapproved Browser for iPhone
Opera Software ASA announced Wednesday that it will unveil an iPhone version of its Opera Mini mobile phone browser at an international tech conference
World Markets Rise on Greece Bailout Prospects
Greek shares led world markets higher Wednesday amid mounting hopes that German opposition to a European Union financial rescue package
Toyota Reprograms Prius Brake Software in Japan
Prius owners in Japan are rushing to dealers for repairs a day after Toyota's president announced a global recall for a glitch in the car's ...
World Markets Rise on Greece Bailout Hopes
World markets rose Thursday on hopes that European leaders will rescue Greece from its crushing debt load and restore confidence
Honda Adds 437,000 Cars to Global Airbag Recall
Honda Motor Co. is adding 437,000 vehicles to its 15-month old global recall for faulty airbags in the latest quality problem to hit a Japanese ...
Baidu Posts 48% Profit Jump on Booming Growth
Chinese Internet search company Baidu Inc. on Tuesday said its fourth-quarter earnings rose by 48 percent as revenue climbed.
Toyota Recalls 437,000 Hybrids for Brake Fix
Toyota says it is recalling about 437,000 Prius and other hybrid vehicles worldwide to fix brake problems — the latest in a string of embarrassing ...
JAL Rebuffs Delta, Sticks with American
Japan Airlines, wooed for months by Delta Air Lines with promises of cash and a broad global network, spurned the world's biggest carrier
German Exports Fell Most in 60 Years
German exports tumbled by nearly one-fifth last year, the biggest fall for 60 years and one that officially knocked the country off its perch
HK Animation Studio Behind TMNT, Astroboy Shuts Down
The Hong Kong studio behind "TMNT" and "Astro Boy" has shut down as its parent company tries to recover from losses.
Nissan Returned to Profit in Q4
Japanese carmaker Nissan Motor Co. said Tuesday it booked a profit in the October-December quarter after a deep loss a year earlier
Apple Wins Smart Phone Sales at Blackberry's Expense
Apple Inc.'s iPhone gained a percentage point of U.S. smart phone market share while BlackBerry maker Research in Motion Inc. lost a point in the ...
Wireless Carriers Unite for Universal Apps
The world's largest wireless carriers, including the four largest in the U.S., announced Monday that they are combining forces to make it easier for software
World Markets Rise on Strong U.S. Earnings
Asian stocks gained Wednesday on renewed investor confidence in the U.S. economy while concerns about Greece's debt crisis eased.
Four Top U.S. Carriers Vie for Central Tokyo Route
The four biggest U.S. airlines applied on Tuesday for coveted slots at Tokyo's downtown airport, aiming to grab a bigger share of traffic
Metronics Introduces Brain-Stimulation Implants
Medtronic Inc. said Tuesday it began marketing two surgically implanted devices that are intended to help relieve symptoms for patients with neurodegenerative diseases.
Foreign Demand for U.S. Securities Falls
The government said Tuesday that foreign demand for U.S. Treasury securities fell by the largest amount on record in December with China reducing
Kraft Profits More than Treble on Rising Sales
Kraft Foods Inc. said Tuesday its fourth-quarter profit more than tripled on strength in developing markets and continued benefits
World Markets Cautiously Up on Barclays Earnings
World stock markets mostly rose Tuesday after strong earnings from British bank Barclays PLC and ahead of Wall Street's open following a public holiday in ...
Akio Toyoda Agrees to Answer More Questions
Toyota announced its president will answer more questions on the beleaguered company's massive global recall at a press conference Wednesday
Toyota May Extend Warranties to Keep Customers
Toyota Motor Corp. may offer incentives or increase the length of its warranties as it tries to recover from an embarrassing string of safety-related recalls.
Corning Profits Triple on Surging TV, Monitor Sales
Corning Inc. said Tuesday its profit almost tripled in the fourth quarter on surging sales of glass for flat-screen televisions and computers.
Japan's Q4 GDP Grew at 4.6%
Japan's economy beat expectations in the fourth quarter, fueled by robust exports and a pickup in consumer demand at home.
Foreign Donuteers Assault China's Picky Snackers
Patrick Lin is sure he can succeed where others have failed, and get the Chinese hooked on doughnuts.
China Raises Reserves to Cool Lending
China ordered banks Friday to increase reserves for a second time in a month to cool a credit boom without resorting to interest rate hikes
Toyota Bids to Regain Trust by Widening Disclosure
Toyota said Friday it's planning a new level of disclosure about car problems that would go beyond what the automaker is legally required to reveal
Motorola to Split into 2 Companies
Struggling technology company Motorola Inc. said Thursday it plans to split in two in early 2011 — with one half containing its consumer-focused mobile phone ...
Yang, Filo to Sell 5 Million Shares of Yahoo
The founders of search and news company Yahoo Inc. are planning to sell up to five million shares over the next 15 months
New Jobless Claims Data Raise Recovery Hopes
The number of newly laid-off workers seeking unemployment benefits fell more than expected last week to the lowest total in a month
Prius Japan Sales Tripled to Top Spot in 2009
The Toyota Prius was the top-selling car in Japan last year — the first time a gas-electric hybrid has clinched that spot.
U.S. Firm to Build $5 Bil. Solar Power Plant in China
A U.S. solar power company said Saturday it will help build a series of solar thermal power plants in China, as the world's biggest emitter ...
Jobless Rate May Stay High As Employers Keep Pruning
Brace for a year of stubbornly high unemployment. Gripped by uncertainty over the economic recovery, employers chopped 85,000 jobs
Mercedes Sales Up 12% in December
Sales of Daimler AG's Mercedes-Benz brand cars rose more than 12 percent on the year in December as global markets picked up, the company said ...
Taiwan Semi Reports 130% Chip Sales Jump
Taiwan Semiconductor Manufacturing Co., the world's largest contract chip maker, said Friday its December 2009 sales more than doubled
Asia Stocks Mostly Higher Ahead of U.S. Jobs Report
Asian stocks were mostly higher Friday ahead of a critical U.S. jobs report but China's market slipped after the country took fresh steps to slow ...
China Mobile Vice-Chairman Fired for Past Corruption
China Mobile Ltd., the world's biggest phone company by subscribers, said Friday it has dismissed its vice chairman, who a business magazine reported
Bank of Korea Keeps Interest Rates at Record Low
South Korea's central bank left its key interest rate at a record low for an 11th straight month Friday amid government concern that a solidfying ...
Intel Takes Nano Lead, AMD Holds Graphics Edge
Intel Corp. rolled out new computer chips Thursday that highlight the company's lead over Advanced Micro Devices Inc. in its ability to shrink the circuitry
JAL Could File Bankruptcy on January 19
Struggling Japan Airlines Corp. could file for bankruptcy as early as Jan. 19 under a government-backed restructuring plan which includes 13,000 job cuts
Ford Adds Tweets to Sync, LCD Panels to Most Cars
Ford Motor Co. is adding Twitter messages and Internet radio to its in-car entertainment and communication service, known as Sync
American Raises JAL Tieup Offer to $1.4 Bil.
American Airlines has dug deeper to save its relationship with Japan Airlines, raising the amount it is willing to invest in the ailing airline to ...
Boeing Orders Fell 90% in 2009
Boeing Co. said its customers ordered just 142 commercial airplanes last year as the recession forced airlines to shrink.
Department Stores Report Better December Sales
Department stores reported higher sales in stores open at least a year this December than last, and many raised their fourth-quarter forecasts.
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