Business
China's Top Bank Reports 6% Profit Rise
Industrial & Commercial Bank of China Ltd., the country’s biggest commercial lender by assets, said Monday its quarterly profit rose 6 percent from a year ...
Sharp Posts $1.3 Bil. Loss on Slump in LCDs, Gadgets
Japanese electronics maker Sharp Corp. suffered an annual net loss of 125.8 billion yen ($1.3 billion), its first yearly red ink in nearly six decades, ...
Japan Expects GDP to Shrink 3.3%
The Japanese government said Monday the economy is likely to shrink 3.3 percent this fiscal year, its worst contraction since World War II, as exports ...
Chrysler Keeps Hope Alive with 11th-Hour Labor Deals
It looks like scrappy little Chrysler LLC might yet escape the auctioneer’s gavel. The smallest U.S.-based automaker cleared two major hurdles on Sunday in its ...
Kirin to Buy Australia's Lion Nathan for $4.7 Bil.
Lion Nathan Ltd., the Australian brewer of Tooheys and Hahn beers, said Monday its biggest shareholder, Japan’s Kirin Holdings Co., has agreed to buy the ...
Qualcomm Settles Broadcom Patent Suit for $891 Mil.
Chip maker Qualcomm Inc. said late Sunday it will pay Broadcom Corp. $891 million over four years to settle a longstanding dispute over patents and ...
Consumer Spending May Be Returning to Normal
When the economy screeched to a halt late last year, so did consumer spending, which accounts for 70 percent of all U.S. economic activity. That’s ...
China Reports 76% Jump in Gold Reserves
China has increased its gold reserves by 76 percent since 2003 to 1,054 tons and now ranks fifth among nations with the biggest holdings, a ...
Nomura Posts $7.3 Bil. Loss on Stock Slump, Lehman Cost
Nomura Holdings Inc., Japan’s top brokerage, suffered one of the largest annual losses in Japanese corporate history, hit by slumping stock markets and the cost ...
China's Top Bank Reports 6% Profit Rise
Industrial & Commercial Bank of China Ltd., the country’s biggest commercial lender by assets, said Monday its quarterly profit rose 6 percent from a year ...
Sharp Posts $1.3 Bil. Loss on Slump in LCDs, Gadgets
Japanese electronics maker Sharp Corp. suffered an annual net loss of 125.8 billion yen ($1.3 billion), its first yearly red ink in nearly six decades, ...
Japan Expects GDP to Shrink 3.3%
The Japanese government said Monday the economy is likely to shrink 3.3 percent this fiscal year, its worst contraction since World War II, as exports ...
Chrysler Keeps Hope Alive with 11th-Hour Labor Deals
It looks like scrappy little Chrysler LLC might yet escape the auctioneer’s gavel. The smallest U.S.-based automaker cleared two major hurdles on Sunday in its ...
Kirin to Buy Australia's Lion Nathan for $4.7 Bil.
Lion Nathan Ltd., the Australian brewer of Tooheys and Hahn beers, said Monday its biggest shareholder, Japan’s Kirin Holdings Co., has agreed to buy the ...
Qualcomm Settles Broadcom Patent Suit for $891 Mil.
Chip maker Qualcomm Inc. said late Sunday it will pay Broadcom Corp. $891 million over four years to settle a longstanding dispute over patents and ...
Consumer Spending May Be Returning to Normal
When the economy screeched to a halt late last year, so did consumer spending, which accounts for 70 percent of all U.S. economic activity. That’s ...
China Reports 76% Jump in Gold Reserves
China has increased its gold reserves by 76 percent since 2003 to 1,054 tons and now ranks fifth among nations with the biggest holdings, a ...
Nomura Posts $7.3 Bil. Loss on Stock Slump, Lehman Cost
Nomura Holdings Inc., Japan’s top brokerage, suffered one of the largest annual losses in Japanese corporate history, hit by slumping stock markets and the cost ...
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