Asian shares hit a one-month low on growth concerns Thursday as investors await indications of further U.S. stimulus from the U.S. Federal Reserve Chairman Ben Bernanke’s on Friday. Meanwhile, the major currencies were range-bound.
The central government has approved a ?230 billion plan to spur electric and hybrid vehicle production over the next eight years, setting itself an ambitious target of 6 million vehicles by 2020.
John McCain's convention speech, which blasted Obama's foreign policy, reeked of American exceptionalism and broadly encouraged the United States to make itself the world's policeman.
North Korean and Japanese officials meet for the first time in four years, but solutions to core issues blocking normal diplomatic relations remain far off.
Given the magnitude of the Mumbai attacks, many in India would like to see Qassab executed.
The U.S. economy expanded slightly faster than initially thought in the second quarter, but the pace of growth is still too slow to create enough jobs and drive down the unemployment. Economists are forecasting even slower growth in the second half of 2012, which will probably keep expectations of additional monetary stimulus from the Federal Reserve intact.
The last time the nations participating in the Non-Aligned Movement (NAM) summit came under fire due to the host country's obvious anti-American stance was in 1979 when Cuba hosted the event. Iran, which is hosting the summit this year, has made sure that the summit, that usually doesn't generate substantial interest, is back in the limelight.
As the deepening sovereign debt crisis in Europe dampens air travel demands in the region, the world's two largest airplane makers, Boeing Co. (NYSE: BA) and Airbus S.A.S. (EPA: EAD), are now bringing their fierce competition to the Asia-Pacific skies.
Asian stock markets ended mixed Wednesday as investors remained in a waiting mode ahead of Federal Reserve Chairman Ben Bernanke’s speech at the Jackson Hole symposium.
Asian markets were mixed Wednesday as investors remained watchful waiting for policymakers around the world to announce stimulus measures to boost the faltering global economy.
China estimates a total national investment of 372 billion USD to be spent in the next three and a half years on improving energy efficiency, strengthening pollution control and expanding recycling economy.
Ford's Lincoln brand hasn't done well in the U.S. but the nation's No. 2 automaker aims for better luck in China where archrival GM gets a big share of the luxury car market with its Cadillac line.
The Egyptian president courts investment and talks to China's leaders about the biggest issue troubling the Arab world today -- and about what China can do to solve it
Do you look at a vacation as a guilty pleasure or a basic human right? The way you answer that question says a lot more about the country you come from than you may realize.
Asian stock markets mostly ended lower Tuesday as investors await the central bankers' meeting in Jackson Hole, Wyo., to discuss monetary policy later this week.
Two Tibetan teenagers died after setting themselves on fire outside a monastery in Sichuan province in southwest China on Monday, foreign rights groups said.
India's economy likely remained in its deepest slump for nine years in the quarter ending in June, but high inflation and polarized politics leave the country's leaders with limited scope to crank up growth.
Risk assets fell Tuesday with the investors awaiting an announcement of some monetary easing measures by the Fed at the meeting of central bankers and economists at Jackson Hole, Wyoming, later in the week.
India and China pressed each other for greater market access for their products from medicines to Bollywood films at a meeting of trade ministers on Monday, seeking to expand commercial ties between the Asian giants as they battle a global downturn.
Beijing's monthly vehicle registration lottery broke a new record with over one million applicants competing for less than 20,000 permits in August.
When Tiffany & Co. (NYSE: TIF) cut its fiscal year sales and earnings guidance for a second straight quarter on Monday, stock in the company rallied over 7 percent. The reason: investors think the worst is over for the New York-based jeweler.
This month has been the busiest August on record for global corporate bond issuance as low-risk free yields on government bonds pushed investors to find better returns in corporate credit.
