BUSINESS: GOLDSEA

Subscribe Now to receive Goldsea updates!

Subscribe for updates on Goldsea: Asian American Daily

Subscribe Now

Business

China Agricultural Bank Ready for IPO

The state-owned Agricultural Bank of China plans to sell a ...

Foxconn to Give China Employees 2nd Pay Raise

Foxconn workers in China will get another pay raise in ...

Yahoo Adds Direct Access to Facebook Updates

Yahoo Inc.'s latest facelift will include a Facebook touchup. As ...

World Stocks Tumble on Jobs Data, Hungary Fears

World stock markets tumbled Monday and the euro hit a ...

Airline Industry Projected to Earn Profits This Year

The International Air Transport Association has upgraded its forecast for ...

BOA Settles Claims Against Countrywide for $108 Mil.

Bank of America will pay $108 million to settle federal ...

Sharp Improves Giant Wall-Display Technology

Walls, ceiling and floors will turn into wall-to-wall imagery with ...

Toyota Prius Tops Japan Sales for 12th Month

Toyota's Prius hybrid was Japan's top-selling car in April, clinching ...

No Cyber Attack Behind Thurs Selloff Says White House

The White House's homeland security and counterterrorism adviser says there ...

Fed Ships Dollars to Europe to Help Contain Crisis

The Federal Reserve late Sunday opened a program to ship ...

EU Sets Up $1 Tril. Package to Defend Euro

The European Union and the International Monetary Fund pledged a ...

European Flights Nearly Back to Normal As Ash Clears

Flights across Europe were operating normally Monday after a plume ...

U.S. Open to More Fines for Toyota

U.S. Transportation Secretary Ray LaHood said Monday that Washington wants ...

New Short-Range Wi-Fi to Be 10 Times Faster

The industry group that supports Wi-Fi is adopting a new ...

Stocks Surge on Euro Defense Efforts

Stocks rocketed higher Monday after European leaders agreed to a ...

Chrysler Moving Swiftly toward Profitability, IPO

Chrysler Group LLC says its financial performance exceeded its expectations ...

Car Czar Thinks Taxpayers Can Get $40 Bil. from GM

The U.S. government could get back $40 billion of its ...

Sprint Joins Verizon in Jilting Google's Nexus One

Sprint Nextel has had a change of heart and scrapped ...

Dish May Have to Shut Down 7.3 Mil. DVRs

Dish Network Corp. reported a 26 percent drop in first-quarter ...

China Inflation at Worrisome 2.8% on Food Price Surge

China's inflation accelerated to 2.8 percent in April, driven by ...

Nokia Files New Patent Claim Against Apple iPad

Finnish cell phone maker Nokia Corp. said Friday that it ...

Samsung Plans $20.6 Bil. New Tech Investments

Samsung said Tuesday it plans to invest 23.3 trillion won ...

Stocks Slide in Asia, Europe As Euro Relief Rally Fades

World stocks fell Tuesday as a relief rally triggered by ...

Toyota Profits Surge on Costcutting, Global Recovery

Toyota cruised back to profit in the latest quarter as ...

Firefox 4 to Lose Menu Items to Gain Speed

A new version of the popular Firefox browser will come ...

SEC Still Can't Figure Out What Caused Plunge

The head of the Securities and Exchange Commission told a ...

Korea Keeps Rate at Record Low Despite 5.2% Growth

South Korea's central bank left its key interest rate at ...

Microsoft Offers Free Office Apps Online

Microsoft Corp. is rolling out a new edition of its ...

Nissan Slashes Q1 Loss to $125 Mil.

Nissan's losses for the January-March quarter shrank dramatically as Japan's ...

$40 Bil. Trade Deficit Evidences U.S. Rebound

The U.S. trade deficit rose to a 15-month high as ...

Macy's Returns to Profits on Localized Merchandising

Macy's Inc. returned to profitability in the first quarter as ...

Samsung Life Shares Jump After Record IPO

Samsung Life Insurance shares jumped 10 percent in their first ...

Another Possible iPhone Prototype Turns Up in Vietnam

Another possible next-generation iPhone prototype has surfaced, this time in ...

BMW Earns $424 Mil. in Q1 on Strong Revenue Growth

German luxury automaker BMW AG reported Wednesday a first-quarter profit ...

China Manufacturing Accelerated in April on Domestic Demand

A survey says China's manufacturing accelerated in April as domestic ...

Shanghai Expo Irresistable Draw for Business World

China's commercial capital of Shanghai has always been all about ...

Asian Stocks Drop as China Raises Bank Reserve

Asian stocks fell Monday after China ordered banks to raise ...

United, Continental Merge into World's Biggest Airline

United and Continental Airlines said Monday they have agreed to ...

Avis Offers to Top Hertz Bid for Dollar Thrifty

Avis says rival rental car company Dollar Thrifty is selling ...

Consumer Spending Growth Financed from Savings

Consumer spending rose in March by the largest amount in ...

GM's 6.4% April Sales Growth Less Than Expected

General Motors Co.'s sales rose 6.4 percent in April as ...

GM Celebrate's Suburban's 75th Birthday

The Chevrolet Suburban, the roomy choice of hunters, law enforcement ...

Oil Slips on Rising Dollar, Inventories

Oil prices slumped to below $85 a barrel Tuesday as ...

ADM Profits Surge on Biofuel Demand

Archer Daniels Midland Co. reported that its third-quarter profit soared ...

Apple's Developer Policy Draws Antitrust Scrutiny

Federal regulators plan to examine whether Apple Inc. is violating ...

Time Warner Asked to Stop Claiming Fiber Optics

An advertising watchdog on Tuesday asked Time Warner Cable Inc. ...

SAP Buys Sybase to Bolster Fight Against Oracle

German business software maker SAP AG has agreed to buy ...

World Stocks Fall Again As 3 Killed in Greek Strike

World markets continued to fall Wednesday, particularly in Asia, as ...

Indonesian Ancient Treasure Auction Sinks

A long-awaited auction of ancient treasures salvaged from the sea ...

Zurich Financial Reports 76% Profit Jump

Swiss insurer Zurich Financial Services Group reported a 76 percent ...