Strong European Debt Sales Lift Investor Mood
Solid bond auctions in Ireland, Spain and Greece helped to further shore up sentiment in the markets Tuesday while investors waited for the latest
Business
Oil Slips to $74 Ahead of Key Fed Meeting
Oil prices slipped to near $74 a barrel Tuesday in Asia as traders looked to a key U.S. central bank meeting later in the day ...
Wal-Mart Debuts Branded Wireless Service
Wal-Mart Stores Inc. said Monday that it is introducing the first cell phone plan that uses the chain's own branding, further demonstrating
China Fines Toyota Finance Arm for Bribing Dealers
Authorities in eastern China say they have fined Japanese automaker Toyota Motor Corp.'s finance unit for giving bribes to car dealers
Asian Stocks Rise on Hope of More Fed Action
Asian stock markets advanced Tuesday as hopes for more action by the Federal Reserve to prop up the U.S. economy extended Wall Street's rally
Lotte Group Buys Control of Pepsi Philippines
Lotte Chilsung Beverage, a Lotte Group affiliate, has paid $101 million for a controlling 34.4% stake in Pepsi-Cola Products Philippines (PCPP), becoming its largest
GM to Court SAIC, Other Foreign Investors for IPO
Investment bankers handling the upcoming General Motors Co. stock sale are expected to court foreign investors as well as those in North
GM to Test All-Electric Chevy Cruze in Korea
General Motors says it will launch a test fleet of electric cars in South Korea as it continues to develop battery-powered models of its Chevrolet ...
World Stocks Rise on Oracle, RIM Earnings
World stock markets mostly rose Friday as positive earnings news from technology companies such as Oracle and BlackBerry maker Research
LG to Replace Electronics CEO with Group Chairman's Brother
South Korea's LG Electronics, the world's third-biggest maker of mobile phones, said its chief executive will be replaced by the brother
China Approves Local Branches for Taiwan Banks
China has given approval to four Taiwanese banks to set up branches on the mainland, a major step toward financial cooperation
Electric Carmaker BYD Takes Stake in Tibet Lithium Mine
Chinese battery and autos maker BYD Co. said Friday it has agreed to buy an 18 percent stake in a Tibetan-based lithium and boron miner
China to Cut Trade Surplus with Hi-Tech Imports
China has begun a drive to expand imports of hi-tech products and equipment from countries with which it runs a trade surplus
Nissan's Thai-Made Cars First for Japanese Market
Thai-made Nissan March subcompact cars — the first major model from a Japanese automaker being mass produced abroad for sale in Japan
Google to Roll Out Instantaneous Searches
Google Inc. stepped on its Internet search accelerator Wednesday by adding a feature that displays results as soon as people begin typing their requests.
Microsoft Invades Japan with Controller-Free Gaming
Battling its Japanese gaming rivals on their home turf hasn't been easy for Microsoft Corp.
Wall Street Resumes Rally on Easing Euro Debt Fears
Stocks rose Wednesday as investors brushed off fresh worries about the health of European banks to resume a rally.
Oracle Pay Package Could Give Hurd $250 Mil.
Oracle plans to pay newly appointed President Mark Hurd a base salary of $950,000 a year. The company also says the former Hewlett-Packard Co. CEO
Obama to Push 3 Stimulus Measures in Ohio Speech
Seeking to give anxious Democrats a boost ahead of the November elections, President Barack Obama is pitching a trio of economic initiatives
World Stocks Slip on Europe Bank Debt Fears
World stock markets mostly slipped Wednesday amid new concerns about European banks' exposure to risky debt and as the yen's rise to a fresh
Dollar Falls to 15-Year Low Against Yen
The U.S. dollar sank to a new 15-year low against the yen on Wednesday as investors continued to buy the Japanese currency as a safe ...
Japan Machinery Orders Up 8.8% in July
Japan's machinery orders, a key gauge of future business investment, rose the most in seven months, a sign that companies are more confident
Google Milks Daily Animated Doodle for Publicity
For a dozen years, Google Inc. has been occasionally swapping its everyday logo for a "doodle," a sketch celebrating holidays, inventions, artists
Korea Keeps Rates Low on Global Slowing Worries
South Korea's central bank left its key interest rate near a record low Thursday for a second straight month as the risk of slowing global ...
Stocks Slip on Europe Bank Fears, High Yen
Stock futures slipped to start the holiday-shortened week Tuesday after some fresh concerns about the health of European banks rattled overseas markets.
Top China Firms Surpass U.S. in Profit-to-Sales Ratios
The operating revenues of China's 500 largest firms rose to 41.5% of their U.S. counterparts, according to the China Enterprise Confederation
China Rises to Fifth in Oubound Direct Investment
The $56.5 billion China invested overseas in 2009 makes it the world's fifth largest global investor, reports China Daily citing the Ministry of Commerce.
Obama to Push $50 Bil. Infrastructure Jobs Projects
Vowing to find new ways to stimulate the sputtering economy, President Barack Obama will call for long-term investments in the nation's roads
German Court Rules Against YouTube in Copyright Case
A German court ruled Friday that Google Inc.'s subsidiary YouTube LLC must pay compensation after users uploaded several videos
Texas Probes Google for Search Ranking Procedure
Google Inc.'s methods for recommending websites are being reviewed by Texas' attorney general in an investigation spurred by complaints
Stocks Continue Rally on Upbeat Jobs Data
Stocks pushed higher Friday after a relatively upbeat U.S. jobs report for August eased concerns about the pace of the economic recovery
More Jobs Were Created This Summer Than Thought
Private employers hired more workers over the past three months than first thought, lifting hopes for the weak economy ahead of the Labor Day weekend.
HP Outlasts Dell in Bidding War Over 3Par
Dell Inc. is walking away from a bidding contest with rival Hewlett-Packard Co. for data-storage maker 3Par Inc.
China Inflation Rises on Soaring Food Prices
China's inflation edged higher in August as the nation's worst flooding in a decade drove an increase in food costs and industrial growth
Intel Chief Says Content-Shifting Key for Chipmakers
The semiconductor industry hasn't fully cracked the challenge of making chips that help people move content seamlessly between their devices
New Hitachi CEO Pushes Gov't for Lower Yen
The new president of Hitachi Ltd. urged Japan's government to tackle the strong yen, which is squeezing business as he seeks to transform
Stimulus-Funded Batteries Polarize Economic Debate
The first wave of mass-produced advanced batteries funded by the Obama administration's economic recovery program is starting
YouTube Launches Live-Streaming Trial
YouTube is making its long expected foray into live streaming by launching an experimental trial with four new media partners.
Asian Stocks Rise on China Growth Data
Asian stock markets climbed Monday, encouraged by gains on Wall Street and Chinese economic indicators released over the weekend.
China Aggressive with Investments in Korea
A growing influx Chinese capital into Korea has begun reversing the traditional relationship between the two economies.
Nanowire Skin Lets Robots Sense Pressure Changes
Artificial "skin" developed by teams at UC Berkeley and Stanford will enable robots to adust theirs grips to be delicate enough to hold an egg
China Data Shows Economy Accelerated in August
August economic data shows that China grew at a higher-than-expected rate in fixed asset investment, industrial production, retail sales and new loans
HP Seeks to Buy Security Software Firm for $1.5 Bil.
Computer maker Hewlett-Packard Co. may be close to another major acquisition. The company is nearing a deal to buy security
Sony's Google TV Allows Seamless Switching
Sony plans to introduce its Web-surfing Google TV in nations other than the U.S. but they may have to wait more than a year, especially ...
Hyundai Sonata Poised to Pass Accord in U.S.
Hyundai's popular new Sonata is on track to overtake the Honda Accord in this year's U.S. sales according to recent dealership figures, reported Chosun Ilbo.
India's Juy Industrial Output Shot Past Projections
India's industrial output grew 13.8 percent in July — far more than expected — rebounding from a 13-month low in June and adding to pressure
China Trade Surplus, Imports Both Surge in August
China's trade surplus hit its second-highest level this year in August, likely fueling U.S. demands for Beijing to ease currency controls.
Japan's Q2 Growth Was Much Higher Than Thought
Japan's economy wasn't quite as weak in the second quarter as first thought but faces a murky outlook, the government said Friday
Facebook Passes Google in Time Spent Online
U.S. Web surfers are spending more time socializing on Facebook than searching with Google, according to new data from researchers
U.S. Jobs, Trade Data Lift World Markets
Stock markets in Europe and the U.S. spiked higher Thursday after better than expected U.S. jobs and trade data further eased concerns
Strong European Debt Sales Lift Investor Mood
Solid bond auctions in Ireland, Spain and Greece helped to further shore up sentiment in the markets Tuesday while investors waited for the latest
Oil Slips to $74 Ahead of Key Fed Meeting
Oil prices slipped to near $74 a barrel Tuesday in Asia as traders looked to a key U.S. central bank meeting later in the day ...
Wal-Mart Debuts Branded Wireless Service
Wal-Mart Stores Inc. said Monday that it is introducing the first cell phone plan that uses the chain's own branding, further demonstrating
China Fines Toyota Finance Arm for Bribing Dealers
Authorities in eastern China say they have fined Japanese automaker Toyota Motor Corp.'s finance unit for giving bribes to car dealers
Asian Stocks Rise on Hope of More Fed Action
Asian stock markets advanced Tuesday as hopes for more action by the Federal Reserve to prop up the U.S. economy extended Wall Street's rally
Lotte Group Buys Control of Pepsi Philippines
Lotte Chilsung Beverage, a Lotte Group affiliate, has paid $101 million for a controlling 34.4% stake in Pepsi-Cola Products Philippines (PCPP), becoming its largest
GM to Court SAIC, Other Foreign Investors for IPO
Investment bankers handling the upcoming General Motors Co. stock sale are expected to court foreign investors as well as those in North
GM to Test All-Electric Chevy Cruze in Korea
General Motors says it will launch a test fleet of electric cars in South Korea as it continues to develop battery-powered models of its Chevrolet ...
World Stocks Rise on Oracle, RIM Earnings
World stock markets mostly rose Friday as positive earnings news from technology companies such as Oracle and BlackBerry maker Research
LG to Replace Electronics CEO with Group Chairman's Brother
South Korea's LG Electronics, the world's third-biggest maker of mobile phones, said its chief executive will be replaced by the brother
China Approves Local Branches for Taiwan Banks
China has given approval to four Taiwanese banks to set up branches on the mainland, a major step toward financial cooperation
Electric Carmaker BYD Takes Stake in Tibet Lithium Mine
Chinese battery and autos maker BYD Co. said Friday it has agreed to buy an 18 percent stake in a Tibetan-based lithium and boron miner
China to Cut Trade Surplus with Hi-Tech Imports
China has begun a drive to expand imports of hi-tech products and equipment from countries with which it runs a trade surplus
Nissan's Thai-Made Cars First for Japanese Market
Thai-made Nissan March subcompact cars — the first major model from a Japanese automaker being mass produced abroad for sale in Japan
Google to Roll Out Instantaneous Searches
Google Inc. stepped on its Internet search accelerator Wednesday by adding a feature that displays results as soon as people begin typing their requests.
Microsoft Invades Japan with Controller-Free Gaming
Battling its Japanese gaming rivals on their home turf hasn't been easy for Microsoft Corp.
Wall Street Resumes Rally on Easing Euro Debt Fears
Stocks rose Wednesday as investors brushed off fresh worries about the health of European banks to resume a rally.
Oracle Pay Package Could Give Hurd $250 Mil.
Oracle plans to pay newly appointed President Mark Hurd a base salary of $950,000 a year. The company also says the former Hewlett-Packard Co. CEO
Obama to Push 3 Stimulus Measures in Ohio Speech
Seeking to give anxious Democrats a boost ahead of the November elections, President Barack Obama is pitching a trio of economic initiatives
World Stocks Slip on Europe Bank Debt Fears
World stock markets mostly slipped Wednesday amid new concerns about European banks' exposure to risky debt and as the yen's rise to a fresh
Dollar Falls to 15-Year Low Against Yen
The U.S. dollar sank to a new 15-year low against the yen on Wednesday as investors continued to buy the Japanese currency as a safe ...
Japan Machinery Orders Up 8.8% in July
Japan's machinery orders, a key gauge of future business investment, rose the most in seven months, a sign that companies are more confident
Google Milks Daily Animated Doodle for Publicity
For a dozen years, Google Inc. has been occasionally swapping its everyday logo for a "doodle," a sketch celebrating holidays, inventions, artists
Korea Keeps Rates Low on Global Slowing Worries
South Korea's central bank left its key interest rate near a record low Thursday for a second straight month as the risk of slowing global ...
Stocks Slip on Europe Bank Fears, High Yen
Stock futures slipped to start the holiday-shortened week Tuesday after some fresh concerns about the health of European banks rattled overseas markets.
Top China Firms Surpass U.S. in Profit-to-Sales Ratios
The operating revenues of China's 500 largest firms rose to 41.5% of their U.S. counterparts, according to the China Enterprise Confederation
China Rises to Fifth in Oubound Direct Investment
The $56.5 billion China invested overseas in 2009 makes it the world's fifth largest global investor, reports China Daily citing the Ministry of Commerce.
Obama to Push $50 Bil. Infrastructure Jobs Projects
Vowing to find new ways to stimulate the sputtering economy, President Barack Obama will call for long-term investments in the nation's roads
German Court Rules Against YouTube in Copyright Case
A German court ruled Friday that Google Inc.'s subsidiary YouTube LLC must pay compensation after users uploaded several videos
Texas Probes Google for Search Ranking Procedure
Google Inc.'s methods for recommending websites are being reviewed by Texas' attorney general in an investigation spurred by complaints
Stocks Continue Rally on Upbeat Jobs Data
Stocks pushed higher Friday after a relatively upbeat U.S. jobs report for August eased concerns about the pace of the economic recovery
More Jobs Were Created This Summer Than Thought
Private employers hired more workers over the past three months than first thought, lifting hopes for the weak economy ahead of the Labor Day weekend.
HP Outlasts Dell in Bidding War Over 3Par
Dell Inc. is walking away from a bidding contest with rival Hewlett-Packard Co. for data-storage maker 3Par Inc.
China Inflation Rises on Soaring Food Prices
China's inflation edged higher in August as the nation's worst flooding in a decade drove an increase in food costs and industrial growth
Intel Chief Says Content-Shifting Key for Chipmakers
The semiconductor industry hasn't fully cracked the challenge of making chips that help people move content seamlessly between their devices
New Hitachi CEO Pushes Gov't for Lower Yen
The new president of Hitachi Ltd. urged Japan's government to tackle the strong yen, which is squeezing business as he seeks to transform
Stimulus-Funded Batteries Polarize Economic Debate
The first wave of mass-produced advanced batteries funded by the Obama administration's economic recovery program is starting
YouTube Launches Live-Streaming Trial
YouTube is making its long expected foray into live streaming by launching an experimental trial with four new media partners.
Asian Stocks Rise on China Growth Data
Asian stock markets climbed Monday, encouraged by gains on Wall Street and Chinese economic indicators released over the weekend.
China Aggressive with Investments in Korea
A growing influx Chinese capital into Korea has begun reversing the traditional relationship between the two economies.
Nanowire Skin Lets Robots Sense Pressure Changes
Artificial "skin" developed by teams at UC Berkeley and Stanford will enable robots to adust theirs grips to be delicate enough to hold an egg
China Data Shows Economy Accelerated in August
August economic data shows that China grew at a higher-than-expected rate in fixed asset investment, industrial production, retail sales and new loans
HP Seeks to Buy Security Software Firm for $1.5 Bil.
Computer maker Hewlett-Packard Co. may be close to another major acquisition. The company is nearing a deal to buy security
Sony's Google TV Allows Seamless Switching
Sony plans to introduce its Web-surfing Google TV in nations other than the U.S. but they may have to wait more than a year, especially ...
Hyundai Sonata Poised to Pass Accord in U.S.
Hyundai's popular new Sonata is on track to overtake the Honda Accord in this year's U.S. sales according to recent dealership figures, reported Chosun Ilbo.
India's Juy Industrial Output Shot Past Projections
India's industrial output grew 13.8 percent in July — far more than expected — rebounding from a 13-month low in June and adding to pressure
China Trade Surplus, Imports Both Surge in August
China's trade surplus hit its second-highest level this year in August, likely fueling U.S. demands for Beijing to ease currency controls.
Japan's Q2 Growth Was Much Higher Than Thought
Japan's economy wasn't quite as weak in the second quarter as first thought but faces a murky outlook, the government said Friday
Facebook Passes Google in Time Spent Online
U.S. Web surfers are spending more time socializing on Facebook than searching with Google, according to new data from researchers
U.S. Jobs, Trade Data Lift World Markets
Stock markets in Europe and the U.S. spiked higher Thursday after better than expected U.S. jobs and trade data further eased concerns
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