Asian Stocks Fall on Europe Debt Fears
Asian stock markets extended their slide Monday, after Wall Street notched its fourth straight weekly drop, amid worries over risks from debt troubles
Business
U.S. Economic Stress Peaked in December
Weakness in Western energy-producing states helped raise the average U.S. county's economic stress in December to its highest point since the recession
European Stocks Rise Past Debt Fears on Bargain-Hunting
European markets rebounded Monday as investors looked past a slump in Asia and set aside worries about debt problems in countries like Greece and Portugal
Power Struggle Scuttles Suntory-Kirin Merger
A clash over control has scuttled plans for Japanese beermaker Kirin Holdings Co. and smaller rival Suntory Holdings Ltd. to create one of the world's
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.
Toyota Expected to Announce Prius Recall
Toyota said Sunday that it will soon announce plans to deal with braking problems in its prized Prius hybrid amid reports it has decided to ...
Boeing 747-8 Freighter Set for Monday Test Flight
Boeing Co.'s giant 747-8 freighter should make its first flight Monday after performing well on taxi tests and reaching a top speed of about 103.5 ...
PayPal Suspends Some Transactions in India
The online payments service PayPal has taken the unusual step of suspending many transactions in India for more than a week.
Australian Coal Miner Inks Record Export Deal with China
Australian company Resourcehouse Ltd. said Saturday that it has struck a $60 billion, 20-year agreement to supply coal to China Power International Development Ltd.
Indian Man Pleads Guilty to Stock Brokerage Hacking Scheme
An Indian man has pleaded guilty to participating in a scheme to access online brokerage accounts to jack up stock prices and reap thousands of ...
Dollar Surges Against Euro on Greek Debt Crisis
The dollar surged Friday to its highest level against the euro since last May as the U.S. lost more jobs in January and amid mounting ...
Surprise Drop in Jobless Soothes Jumpy Markets
European stock markets and Wall Street futures pared losses Friday after a surprise fall in the U.S. unemployment rate, but investors remained worried
Toyota Chairman Apologizes for Brake Worries
Toyota's president apologized Friday for the massive global recalls over sticking gas pedals as the automaker scrambles to repair a damaged reputation
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
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
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
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 ...
BMW Sales More Than Double in China
Automaker BMW AG, the world's biggest maker of luxury cars, said Friday that its January sales in China more than doubled from a year earlier.
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 ...
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.
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
Korea Posts Biggest Export Jump in 21 Years
South Korea's exports surged in January, posting their biggest gain in more two than decades as shipments of auto parts, semiconductors and consumer
Softbank Profits Soar on iPhone Popularity
Softbank Corp., which operates the only Japanese carrier to offer the iPhone, said profit rose 41 percent in the October-December quarter
Iron-Ore Wars Show Limits of China's Economic Clout
China is pressing to turn its status as the world's biggest steel producer into clout over global miners and cheaper iron ore prices. But its ...
Sony Pictures Lays Off 450 on Declining DVD Sales
Sony Pictures Entertainment is laying off about 450 people mostly in the United States and leaving 100 positions unfilled in order to cut costs
Online Gamer Changyou.com Posts 34% Profit Jump
Changyou.com Ltd., which develops and operates multiplayer online games in China, posted a 34 percent jump in fourth-quarter profit Monday
China Netizens Shrug Off Possible Google Exit
When the online fantasy game "World of Warcraft" was yanked from China last year because of a bureaucratic turf battle, the millions of Chinese
World Stocks Rally on Solid Manufacturing Data
World stocks rallied Monday after solid manufacturing surveys rekindled hopes of a strong recovery in the global economy and kicked off a busy week
JAL to Choose Between Delta and American Soon
The new leaders of Japan Airlines said Monday the carrier will decide on its alliance partner "as soon as possible" but wouldn't provide a timeframe
Replacement Pedals En Route to Toyota Dealers
Toyota Motor Corp. said Monday its dealers should get parts to fix a sticky gas pedal problem by the end this week as the automaker ...
GM Sales Up 14% in January, Toyota's Down 16%
Toyota Motor Corp.'s car and truck sales fell 16 percent in January, a month when the automaker recalled millions of vehicles and halted sales of ...
China Manufacturing Grows Despite Tighter Lending
China's manufacturing expanded in January and the outlook was positive despite government efforts to cool inflation by tightening control
Jobless Rate Unlikely to Be Cut Much in 2010
The economy's 5.7 percent growth last quarter — the fastest pace since 2003 — was a step toward shrinking the nation's 10 percent unemployment rate.
Selling on Good News Means Dips for Stocks
It's the spoiled brat market. Dozens of companies this past month posted blow-out earnings but instead of being thankful, investors stomped their feet and sold.
Japan Inc Pays High Price of Smugness
Toyota is the latest Japanese corporate icon making headlines for all the wrong reasons.
Toyota Gas Pedal Fix Gets U.S. Government Blessing
Toyota Motor Corp. plans to start sending parts to dealers in the coming days to fix a sticky gas pedal problem that has tarnished its ...
Surprising GDP Growth Cheers Markets
The economy's faster-than-expected growth at the end of last year, powered by companies replenishing stockpiles, is likely to weaken as consumers
Samsung Emerges As World's Biggest Tech Giant
Samsung Electronics Co. returned to profit in the fourth quarter as demand for flat screen televisions and mobile phones helped push sales to a record ...
Nintendo Chief Discounts Apple iPad Significance
Nintendo's president shrugged off the just unveiled iPad tablet computer from Apple as delivering "no surprises," and displayed as little enthusiasm
Toyota Reports $1.7 Bil. Profit, Raises Forecast
Toyota Motor Corp. returned to profit in the October-December quarter and raised its annual earnings forecast, but analysts warned of a grim outlook
Asian Stocks Fall on Europe Debt Fears
Asian stock markets extended their slide Monday, after Wall Street notched its fourth straight weekly drop, amid worries over risks from debt troubles
U.S. Economic Stress Peaked in December
Weakness in Western energy-producing states helped raise the average U.S. county's economic stress in December to its highest point since the recession
European Stocks Rise Past Debt Fears on Bargain-Hunting
European markets rebounded Monday as investors looked past a slump in Asia and set aside worries about debt problems in countries like Greece and Portugal
Power Struggle Scuttles Suntory-Kirin Merger
A clash over control has scuttled plans for Japanese beermaker Kirin Holdings Co. and smaller rival Suntory Holdings Ltd. to create one of the world's
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.
Toyota Expected to Announce Prius Recall
Toyota said Sunday that it will soon announce plans to deal with braking problems in its prized Prius hybrid amid reports it has decided to ...
Boeing 747-8 Freighter Set for Monday Test Flight
Boeing Co.'s giant 747-8 freighter should make its first flight Monday after performing well on taxi tests and reaching a top speed of about 103.5 ...
PayPal Suspends Some Transactions in India
The online payments service PayPal has taken the unusual step of suspending many transactions in India for more than a week.
Australian Coal Miner Inks Record Export Deal with China
Australian company Resourcehouse Ltd. said Saturday that it has struck a $60 billion, 20-year agreement to supply coal to China Power International Development Ltd.
Indian Man Pleads Guilty to Stock Brokerage Hacking Scheme
An Indian man has pleaded guilty to participating in a scheme to access online brokerage accounts to jack up stock prices and reap thousands of ...
Dollar Surges Against Euro on Greek Debt Crisis
The dollar surged Friday to its highest level against the euro since last May as the U.S. lost more jobs in January and amid mounting ...
Surprise Drop in Jobless Soothes Jumpy Markets
European stock markets and Wall Street futures pared losses Friday after a surprise fall in the U.S. unemployment rate, but investors remained worried
Toyota Chairman Apologizes for Brake Worries
Toyota's president apologized Friday for the massive global recalls over sticking gas pedals as the automaker scrambles to repair a damaged reputation
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
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
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
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 ...
BMW Sales More Than Double in China
Automaker BMW AG, the world's biggest maker of luxury cars, said Friday that its January sales in China more than doubled from a year earlier.
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 ...
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.
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
Korea Posts Biggest Export Jump in 21 Years
South Korea's exports surged in January, posting their biggest gain in more two than decades as shipments of auto parts, semiconductors and consumer
Softbank Profits Soar on iPhone Popularity
Softbank Corp., which operates the only Japanese carrier to offer the iPhone, said profit rose 41 percent in the October-December quarter
Iron-Ore Wars Show Limits of China's Economic Clout
China is pressing to turn its status as the world's biggest steel producer into clout over global miners and cheaper iron ore prices. But its ...
Sony Pictures Lays Off 450 on Declining DVD Sales
Sony Pictures Entertainment is laying off about 450 people mostly in the United States and leaving 100 positions unfilled in order to cut costs
Online Gamer Changyou.com Posts 34% Profit Jump
Changyou.com Ltd., which develops and operates multiplayer online games in China, posted a 34 percent jump in fourth-quarter profit Monday
China Netizens Shrug Off Possible Google Exit
When the online fantasy game "World of Warcraft" was yanked from China last year because of a bureaucratic turf battle, the millions of Chinese
World Stocks Rally on Solid Manufacturing Data
World stocks rallied Monday after solid manufacturing surveys rekindled hopes of a strong recovery in the global economy and kicked off a busy week
JAL to Choose Between Delta and American Soon
The new leaders of Japan Airlines said Monday the carrier will decide on its alliance partner "as soon as possible" but wouldn't provide a timeframe
Replacement Pedals En Route to Toyota Dealers
Toyota Motor Corp. said Monday its dealers should get parts to fix a sticky gas pedal problem by the end this week as the automaker ...
GM Sales Up 14% in January, Toyota's Down 16%
Toyota Motor Corp.'s car and truck sales fell 16 percent in January, a month when the automaker recalled millions of vehicles and halted sales of ...
China Manufacturing Grows Despite Tighter Lending
China's manufacturing expanded in January and the outlook was positive despite government efforts to cool inflation by tightening control
Jobless Rate Unlikely to Be Cut Much in 2010
The economy's 5.7 percent growth last quarter — the fastest pace since 2003 — was a step toward shrinking the nation's 10 percent unemployment rate.
Selling on Good News Means Dips for Stocks
It's the spoiled brat market. Dozens of companies this past month posted blow-out earnings but instead of being thankful, investors stomped their feet and sold.
Japan Inc Pays High Price of Smugness
Toyota is the latest Japanese corporate icon making headlines for all the wrong reasons.
Toyota Gas Pedal Fix Gets U.S. Government Blessing
Toyota Motor Corp. plans to start sending parts to dealers in the coming days to fix a sticky gas pedal problem that has tarnished its ...
Surprising GDP Growth Cheers Markets
The economy's faster-than-expected growth at the end of last year, powered by companies replenishing stockpiles, is likely to weaken as consumers
Samsung Emerges As World's Biggest Tech Giant
Samsung Electronics Co. returned to profit in the fourth quarter as demand for flat screen televisions and mobile phones helped push sales to a record ...
Nintendo Chief Discounts Apple iPad Significance
Nintendo's president shrugged off the just unveiled iPad tablet computer from Apple as delivering "no surprises," and displayed as little enthusiasm
Toyota Reports $1.7 Bil. Profit, Raises Forecast
Toyota Motor Corp. returned to profit in the October-December quarter and raised its annual earnings forecast, but analysts warned of a grim outlook
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