BUSINESS

An investor gestures as he talks to a person in front of an electrical board showing stock information at a brokerage house in Huaibei

Asian Stocks Range-Bound As Stimulus Hopes Persist

Asian markets remained in a tight range Tuesday as investors were waiting for the outcome of meetings among the policymakers in the euro zone which is expected to announce measures to tackle the debt crisis affecting the region.
Rupee

India's Exports Decline 14.8% In July

India's annual exports and imports declined for the third consecutive month in July owing to the weak demand from the U.S. and European countries due to the global economic slowdown.
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Rupee

Why India Should Adopt Urgent FDI Reforms

With India's economic growth faltering as a result of weak governance, policy paralysis and opposition to reforms, investors feel the urgent need to push for plans to allow foreign direct investment in financial sector and multi-brand retail trade.
Gold

Gold Near 5-Month High on Stimulus Hopes

Gold hovered near a five-month peak on Monday, supported by hopes for more stimulus measures after U.S. Federal Reserve Chairman Ben Bernanke gave a grave assessment of the economy last week.
An investor checks stock information with a computer at a brokerage house in Hefei

Asian Stocks Rise On Stimulus Expectations

Most of the Asian markets rose Monday as investors remained hopeful that the world's central banks would announce stimulus measures soon to help boost the global economic growth.
Asian Markets

Week Ahead: Asian Stocks Likely To Fall On Weak China Data

Markets are expected to begin the week on a negative note after official data Saturday showed that Chinese manufacturing activity shrank for the first time in nine months, raising concerns over the growth slowdown in the world's second largest economy.
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Drought Seen Pushing US Meat Prices Even Higher

The worst drought to hit U.S. cropland in more than half a century could soon leave Americans reaching deeper into their pockets to fund a luxury that people in few other countries enjoy: affordable meat.
2012 Election

Five Reasons Why Obama Could Win The 2012 Election

He's practically the devil incarnate to the Republican Party, but no president since President Franklin D. Roosevelt has had to address as many serious economic, financial and foreign policy problems as President Barack Obama. Further, Obama's relative success addressing these problems, and the Republican Party's callousness, will lead to Obama's re-election in November.
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IBM To Offer Cloud TV Services To Philips Customers

International Business Machines Corp. (NYSE: IBM), the No. 2 computer company, said it will start providing services in the cloud for consumer electronics makers, starting with Dutch giant Philips Electronics (NYSE: PHG).
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AMR, US Airways Say They Are Evaluating A Potential Merger

American Airlines parent AMR Corp (AAMRQ.PK) and US Airways Group Inc (LCC.N) have signed a non-disclosure agreement as they evaluate a potential merger that would create an airline that rivals leader United Continental Holdings Inc (UAL.N) in scope.
Fed Chairman Ben Bernanke

Bernanke's Speech at Jackson Hole: 6 Key Take-Aways

It seemed everyone was claiming their crystal ball has been right in anticipation of a much-hyped speech by the world's most powerful central banker, who managed to turn the attention of traders around the world to his podium in bucolic Jackson Hole, Wyo. Friday. They were all right and, as usually happens in such cases, they were also all wrong.

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