German Auto Industry Returns to Boom Times
Germany's car industry, the backbone of Europe's largest economy, is booming again.
Business
China's Young Workers More Assertive with Rights
Younger workers now make up the majority of China's migrant labor force and are quicker to speak up when they feel their rights are being ...
Russian President Seeks Silicon Valley Investment
When Russia's Dmitry Medvedev visits Silicon Valley for the first time this week, he will be both a wide-eyed kid in a candy shop and ...
Tokyo Raises Growth Forcast to 2.6 Percent
Japan's economy, the world's second largest, will expand at a faster pace in the current fiscal year than previously forecast as robust exports to Asia ...
Asian Stocks Down on Fitch Downgrade
Asian stock markets fell in early trading Tuesday on renewed concern over Europe's economic crisis after Fitch Ratings
US Presses China to Open its Markets
The top U.S. trade official says China's decision to let its currency appreciate against the dollar was a good start, but China must do more ...
Shenzhen Suicides Raise Questions About Foxconn Management
A group of Taiwanese scholars urged Foxconn Technology Group to end a rigid and "inhumane" management style at its mammoth factory compound in southern China.
CBS Joins India's TV Market in Venture with Reliance
A unit of CBS Corp. and Reliance Broadcast Network, a subsidiary of India's powerful Reliance-ADA Group, plan
China Redirects Pressure onto World Leaders
China followed through Monday on its pledge to allow greater flexibility in exchange rates, but said an appreciation in its currency alone
World Hopes for Rising Yuan to Boost Recovery
China's decision to end its currency's 2-year-old peg to the U.S. dollar is stirring anticipation of a gradual appreciation in the yuan in trading Monday
Canada's Economy Becomes Envy of G-20
Canada thinks it can teach the world a thing or two about dodging financial meltdowns.
Russia Scraps Gains Tax for Foreign Investors
Russia will loosen the state's controls on the economy and abolish a key tax to spark a desperately needed "investment boom," President Dmitry Medvedev told ...
Ambani's Reliance Expands into Power, Telecom
Reliance Industries, India's most valuable company, will push into two new sectors, power and telecommunications, chairman Mukesh Ambani told shareholders Friday.
Taiwan's Top Laptop Maker Raising China Wages
Compal Electronics Inc., the world's largest contract laptop maker, said Friday that China's labor shortage and rising wages
Solar Company, China's First World Cup Sponsor
China did not qualify for the World Cup, but the country is still making an appearance in South Africa. An ambitious Chinese solar company, the ...
U.S. Forced to Turn to Asia for Shrimp
As the Gulf Coast oil spill continues to gush, U.S. seafood suppliers are turning to Asia to ensure Americans have enough shrimp for their gumbos, ...
Consumer Spending, Incomes Up Slightly in May
Consumer spending rose slightly in May, a sign that Americans are cautious about the economic recovery.
Japan Carmakers Report Global Production Surge
Toyota's global car production zoomed 27 percent in May as Japanese automakers benefit from improving demand in Asia and the U.S.
Neighborhood Gas Stations Suffer from BP Boycott
Tension is mounting between BP and the neighborhood retailers that sell its gasoline.
Hu Warns of Threat from Currency Fluctuations
China's president says wildly fluctuating currency exchange rates can threaten world financial markets.
Banking Reform Could Push Some Trading to Asia
Will the U.S. financial overhaul push big firms to transfer business to Europe? Some say no: Europe is also working on efforts to tighten up ...
iPhone 4 Users Report Reception Problems
First there's the anticipation. Then, the long lines, followed by the triumphant walk out of the Apple store, new gadget in hand.
China's Currency Rises to New High Ahead of G-20
China's currency surged Friday to its highest level yet, with the central bank setting the daily official level at 6.7896 yuan to the dollar, acting ...
Greece Upbeat As Debt Crisis Eases
Debt-hobbled Greece may see a slightly milder than expected recession this year and aims to issue bonds again on international markets in 2011
Japan Consumer Prices Fall for 15th Month in May
Japanese consumer prices fell for the 15th straight month in May as deflation kept its grip on the world's second biggest economy.
Asian Markets Stumble Over Concerns for U.S. Recovery
Asian stock markets stumbled early Friday, falling after downbeat forecasts from retailers in the U.S. pulled shares down on Wall Street.
Ma Ready to Sign On Trade Deal with China
Negotiators from China and Taiwan worked Thursday to finish a bilateral trade deal that seems destined to change the island's character in a way not ...
G-20 Leaders Face Concerns Over Rising Deficits
World leaders who addressed a severe economic crisis with an unprecedented show of strength last year are finding it harder to maintain their
Toyoda Bows Deeply to Angry Shareholders
Toyota Motor Corp. President Akio Toyoda bowed deeply and apologized to shareholders Thursday for the troubles caused by massive global recalls of the
Toyota Factory Remains Shut in Guangzhou
Toyota Motor Corp. says production at one of its main factories in China remains shut due to a strike, while Honda Motor Co. says operations ...
Auto Demands Sustain Japanese Export Expansion
Japan's exports expanded for a sixth straight month in May as brisk global demand for cars and high-tech products helped shore up a recovery
Intel Posts Biggest Quarterly Profit in Decade
Intel Corp. has booked its largest quarterly net income in a decade as the chipmaker benefits from a stronger computer market
New Jobless Claims Fall Sharply Again
New applications for unemployment benefits fell sharply last week as General Motors and other manufacturers skipped their usual summer shutdowns.
JPMorgan Profits Soar to $4.8 Bil. in Q2
JPMorgan Chase & Co. said Thursday its second-quarter net income soared 77 percent to $4.8 billion as a slowdown in losses from failed loans
Novartis Q2 Profits Up 19% to $2.44 Bil.
Drug maker Novartis AG has reported a second-quarter increase in net profit of 19 percent to US$2.44 billion on strong sales.
2010 Foreclosures to Pass 1 Mil. for First Time
More than 1 million American households are likely to lose their homes to foreclosure this year, as lenders work their way through a huge backlog
China Economy Grew 11.1% During First Half of 2010
China's rapid growth is slowing as the impact of its massive stimulus eases and Beijing clamps down on a credit boom.
Asian Stocks Slip on U.S. Slowdown Concerns
Asian stock markets retreated Thursday after disappointing news on the U.S. economy chilled sentiment in Asia.
Turkey Emerges As Global Construction Power
An army of Turkish cranes and bulldozers is at work across the Middle East, Central Asia and Africa, building dams, stadiums and highways
Asian Stocks Jump on Intel Earnings, Singapore Growth
Asian stock markets jumped Wednesday, powered by better-than-expected earnings from chipmaking giant Intel Corp. and Singapore's forecast
Wholesale Prices Fall for 3rd Consecutive Month
Wholesale prices fell for a third consecutive month as another drop in energy costs and the biggest plunge in food costs in eight years banished
Federal Deficit Tops $1 Tril. with 3 Months Left
The federal deficit has topped $1 trillion with three months still to go in the budget year, showing the lasting impact of the recession
Trade Deficit Jumps As Import Growth Outpaces Exports
The trade deficit rose in May to an 18-month peak as rising imports offset another solid gain in U.S. exports. The surge in imports was ...
Nissan Leads Japan Car Outsourcing with Thai-Made March
Nissan took the wraps off its new March subcompact Tuesday, which is being manufactured in Thailand for sale in Japan, underlining a trend for Japanese
Europe Stocks Rise on Alcoa Earnings, Asia Slips
Asian stock markets rose Tuesday as sentiment strengthened on better-than-expected earnings results from US aluminum maker Alcoa Inc.
Apple iPhone 4 Defective Says Consumer Reports
Consumer Reports said Monday it will not recommend Apple Inc.'s newest iPhone because of reception problems caused by its antenna design.
Conde Nast's Reddit Asks Readers for Donations
Though it's owned by a large media company, Reddit needs money, and it's turning to its loyal audience for help.
Hugh Hefner Makes Bid to Take Playboy Private
Hugh Hefner wants to buy out the portion of the Playboy empire he doesn't already own in a bet that the iconic brand can still ...
J&J to Buy Device Maker Micrus for $480 Mil.
Johnson & Johnson said Monday it will pay $480 million for medical device maker Micrus Endovascular, adding a range of treatments
China, Japan Cut U.S. Treasury Holdings in May
China reduced its holdings of U.S. Treasury debt in May as total foreign holdings of government debt posted a slight increase.
German Auto Industry Returns to Boom Times
Germany's car industry, the backbone of Europe's largest economy, is booming again.
China's Young Workers More Assertive with Rights
Younger workers now make up the majority of China's migrant labor force and are quicker to speak up when they feel their rights are being ...
Russian President Seeks Silicon Valley Investment
When Russia's Dmitry Medvedev visits Silicon Valley for the first time this week, he will be both a wide-eyed kid in a candy shop and ...
Tokyo Raises Growth Forcast to 2.6 Percent
Japan's economy, the world's second largest, will expand at a faster pace in the current fiscal year than previously forecast as robust exports to Asia ...
Asian Stocks Down on Fitch Downgrade
Asian stock markets fell in early trading Tuesday on renewed concern over Europe's economic crisis after Fitch Ratings
US Presses China to Open its Markets
The top U.S. trade official says China's decision to let its currency appreciate against the dollar was a good start, but China must do more ...
Shenzhen Suicides Raise Questions About Foxconn Management
A group of Taiwanese scholars urged Foxconn Technology Group to end a rigid and "inhumane" management style at its mammoth factory compound in southern China.
CBS Joins India's TV Market in Venture with Reliance
A unit of CBS Corp. and Reliance Broadcast Network, a subsidiary of India's powerful Reliance-ADA Group, plan
China Redirects Pressure onto World Leaders
China followed through Monday on its pledge to allow greater flexibility in exchange rates, but said an appreciation in its currency alone
World Hopes for Rising Yuan to Boost Recovery
China's decision to end its currency's 2-year-old peg to the U.S. dollar is stirring anticipation of a gradual appreciation in the yuan in trading Monday
Canada's Economy Becomes Envy of G-20
Canada thinks it can teach the world a thing or two about dodging financial meltdowns.
Russia Scraps Gains Tax for Foreign Investors
Russia will loosen the state's controls on the economy and abolish a key tax to spark a desperately needed "investment boom," President Dmitry Medvedev told ...
Ambani's Reliance Expands into Power, Telecom
Reliance Industries, India's most valuable company, will push into two new sectors, power and telecommunications, chairman Mukesh Ambani told shareholders Friday.
Taiwan's Top Laptop Maker Raising China Wages
Compal Electronics Inc., the world's largest contract laptop maker, said Friday that China's labor shortage and rising wages
Solar Company, China's First World Cup Sponsor
China did not qualify for the World Cup, but the country is still making an appearance in South Africa. An ambitious Chinese solar company, the ...
U.S. Forced to Turn to Asia for Shrimp
As the Gulf Coast oil spill continues to gush, U.S. seafood suppliers are turning to Asia to ensure Americans have enough shrimp for their gumbos, ...
Consumer Spending, Incomes Up Slightly in May
Consumer spending rose slightly in May, a sign that Americans are cautious about the economic recovery.
Japan Carmakers Report Global Production Surge
Toyota's global car production zoomed 27 percent in May as Japanese automakers benefit from improving demand in Asia and the U.S.
Neighborhood Gas Stations Suffer from BP Boycott
Tension is mounting between BP and the neighborhood retailers that sell its gasoline.
Hu Warns of Threat from Currency Fluctuations
China's president says wildly fluctuating currency exchange rates can threaten world financial markets.
Banking Reform Could Push Some Trading to Asia
Will the U.S. financial overhaul push big firms to transfer business to Europe? Some say no: Europe is also working on efforts to tighten up ...
iPhone 4 Users Report Reception Problems
First there's the anticipation. Then, the long lines, followed by the triumphant walk out of the Apple store, new gadget in hand.
China's Currency Rises to New High Ahead of G-20
China's currency surged Friday to its highest level yet, with the central bank setting the daily official level at 6.7896 yuan to the dollar, acting ...
Greece Upbeat As Debt Crisis Eases
Debt-hobbled Greece may see a slightly milder than expected recession this year and aims to issue bonds again on international markets in 2011
Japan Consumer Prices Fall for 15th Month in May
Japanese consumer prices fell for the 15th straight month in May as deflation kept its grip on the world's second biggest economy.
Asian Markets Stumble Over Concerns for U.S. Recovery
Asian stock markets stumbled early Friday, falling after downbeat forecasts from retailers in the U.S. pulled shares down on Wall Street.
Ma Ready to Sign On Trade Deal with China
Negotiators from China and Taiwan worked Thursday to finish a bilateral trade deal that seems destined to change the island's character in a way not ...
G-20 Leaders Face Concerns Over Rising Deficits
World leaders who addressed a severe economic crisis with an unprecedented show of strength last year are finding it harder to maintain their
Toyoda Bows Deeply to Angry Shareholders
Toyota Motor Corp. President Akio Toyoda bowed deeply and apologized to shareholders Thursday for the troubles caused by massive global recalls of the
Toyota Factory Remains Shut in Guangzhou
Toyota Motor Corp. says production at one of its main factories in China remains shut due to a strike, while Honda Motor Co. says operations ...
Auto Demands Sustain Japanese Export Expansion
Japan's exports expanded for a sixth straight month in May as brisk global demand for cars and high-tech products helped shore up a recovery
Intel Posts Biggest Quarterly Profit in Decade
Intel Corp. has booked its largest quarterly net income in a decade as the chipmaker benefits from a stronger computer market
New Jobless Claims Fall Sharply Again
New applications for unemployment benefits fell sharply last week as General Motors and other manufacturers skipped their usual summer shutdowns.
JPMorgan Profits Soar to $4.8 Bil. in Q2
JPMorgan Chase & Co. said Thursday its second-quarter net income soared 77 percent to $4.8 billion as a slowdown in losses from failed loans
Novartis Q2 Profits Up 19% to $2.44 Bil.
Drug maker Novartis AG has reported a second-quarter increase in net profit of 19 percent to US$2.44 billion on strong sales.
2010 Foreclosures to Pass 1 Mil. for First Time
More than 1 million American households are likely to lose their homes to foreclosure this year, as lenders work their way through a huge backlog
China Economy Grew 11.1% During First Half of 2010
China's rapid growth is slowing as the impact of its massive stimulus eases and Beijing clamps down on a credit boom.
Asian Stocks Slip on U.S. Slowdown Concerns
Asian stock markets retreated Thursday after disappointing news on the U.S. economy chilled sentiment in Asia.
Turkey Emerges As Global Construction Power
An army of Turkish cranes and bulldozers is at work across the Middle East, Central Asia and Africa, building dams, stadiums and highways
Asian Stocks Jump on Intel Earnings, Singapore Growth
Asian stock markets jumped Wednesday, powered by better-than-expected earnings from chipmaking giant Intel Corp. and Singapore's forecast
Wholesale Prices Fall for 3rd Consecutive Month
Wholesale prices fell for a third consecutive month as another drop in energy costs and the biggest plunge in food costs in eight years banished
Federal Deficit Tops $1 Tril. with 3 Months Left
The federal deficit has topped $1 trillion with three months still to go in the budget year, showing the lasting impact of the recession
Trade Deficit Jumps As Import Growth Outpaces Exports
The trade deficit rose in May to an 18-month peak as rising imports offset another solid gain in U.S. exports. The surge in imports was ...
Nissan Leads Japan Car Outsourcing with Thai-Made March
Nissan took the wraps off its new March subcompact Tuesday, which is being manufactured in Thailand for sale in Japan, underlining a trend for Japanese
Europe Stocks Rise on Alcoa Earnings, Asia Slips
Asian stock markets rose Tuesday as sentiment strengthened on better-than-expected earnings results from US aluminum maker Alcoa Inc.
Apple iPhone 4 Defective Says Consumer Reports
Consumer Reports said Monday it will not recommend Apple Inc.'s newest iPhone because of reception problems caused by its antenna design.
Conde Nast's Reddit Asks Readers for Donations
Though it's owned by a large media company, Reddit needs money, and it's turning to its loyal audience for help.
Hugh Hefner Makes Bid to Take Playboy Private
Hugh Hefner wants to buy out the portion of the Playboy empire he doesn't already own in a bet that the iconic brand can still ...
J&J to Buy Device Maker Micrus for $480 Mil.
Johnson & Johnson said Monday it will pay $480 million for medical device maker Micrus Endovascular, adding a range of treatments
China, Japan Cut U.S. Treasury Holdings in May
China reduced its holdings of U.S. Treasury debt in May as total foreign holdings of government debt posted a slight increase.
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