BUSINESS

Mizuho Financial Group maintained its full-year net profit forecast on Monday after reporting that first-half profit fell 25.4 percent, weighed down by the absence of hefty bond trading gains that lifted its profits the previous year.

Financial markets on Monday greeted the appointments of technocratic leaders in euro zone debt hot spots Italy and Greece with cautious optimism, boosting stocks.

U.S. airlines have opposed the U.S. government's subsidies to debt-laden Indian state carrier Air India for its purchase of Boeing aircraft, the Wall Street Journal reported on Monday.

Asian stocks rose on Monday and the euro edged up on hopes that new technocratic leaders in Italy and Greece will take decisive action to save their indebted nations from bankruptcy and fend off a wider financial meltdown in the euro zone.

Tell me how this ends, U.S. General David Petraeus asked memorably of the 2003 invasion of Iraq.

Japan's economy rebounded from an earthquake-triggered recession in the third quarter by expanding 1.5 percent, a pace that is likely to slow down though as a strong yen and weak global growth darken the outlook.

Japan's economy rebounded as expected in the third quarter from a recession triggered by a devastating March earthquake on robust exports and consumption, but persistent yen strength and sluggish global growth cloud its outlook.

Asia-Pacific leaders sought a united front on Sunday to prop up economic growth despite divisions over trade and currency policies as they face a common threat from Europe's debt crisis.

Canada wants to join talks on a proposed U.S.-led free trade agreement in the Asia-Pacific region that also may open its membership to Japan, Canadian Prime Minister Stephen Harper said on Sunday.

Japan's economy grew 1.5 percent in July-September from the previous quarter following three quarters of contraction as exports and consumption rebounded from a slump caused by the March earthquake, government data showed on Monday.

The United States is ramping up attempts to safeguard its financial system from a worsening of Europe's debt crisis, joining nations in Asia, Latin America and elsewhere in trying to build firewalls.

Wall Street is stuck in a highly volatile range as investors hoping for a rally into the end of the year are browbeaten by Europe's unfolding crisis.

Much of the developed world is charging ahead with austerity plans that will drag on the world economy next year, with bond market vigilantes beating the drum for ever-more belt tightening.

The congressional super committee is at a difficult point in negotiations on deficit reduction, but lawmakers said on Sunday they had not given up on reaching an agreement by this month's deadline.

iPhone users were prompted to update their software to iOS 5.0.1 on Saturday in what was supposed to be a quick fix for the iPhone 4S' battery drain issue. But even though some users have seen an improvement in their battery life, the majority of users continue to complain; some say that the problem has become worse since the upgrade.

Wall Street is stuck in a highly volatile range as investors hoping for a rally into the end of the year are browbeaten by Europe's unfolding crisis.

Eli Lilly and Co has hit a tough spot with the pharmaceutical company's top treatment now facing competition from cheaper generic brands and the looming loss of patent protection on other drugs.

Wall Street is stuck in a highly volatile range as investors hoping for a rally into the end of the year are browbeaten by Europe's unfolding crisis.

President Barack Obama and Chinese President Hu Jintao presented dueling trade agendas at a Pacific summit on Saturday that underscored growing tensions between the world's two biggest economies.

The board of UBS will appoint Sergio Ermotti as permanent chief executive shortly before a keenly-awaited investor day on Thursday, a Swiss newspaper reported on Sunday.

Emirates Airline placed an order for 50 Boeing 777 aircraft on Sunday at the start of the Dubai Air Show, as the carrier appeared set to maintain its steep expansion path.

A haircut of Greek debt is damaging to Greece and the euro area, and has stoked wider concern about possible impairment of bonds in other euro zone members, ECB Governing Council member Athanasios Orphanides said in a newspaper interview on Sunday.

Following are quotes from leaders of Pacific Rim countries and business executive attending the Asia Pacific Economic Cooperation summit on Saturday.

President Barack Obama and Chinese President Hu Jintao presented duelling trade agendas as an antidote to weak global growth at an APEC summit on Saturday that underscored the two countries' growing rivalry.

The Bakrie Group, one of Indonesia's biggest conglomerates, has once again emerged from a debt crisis by selling off some of its assets, giving away half its stake in coal venture Bumi Plc to fellow miner Borneo Lumbung Energi .

President Barack Obama used an Asia-Pacific summit on Saturday to push back against China's trade practices, insisting Beijing stop poaching U.S. intellectual property and allow its currency to rise.

JAKARTA/LONDON - It was supposed to be a union of two legendary business dynasties, one West, one East. Nathaniel Philip Rothshild, the 40-year-old scion of the storied European banking family, forged a deal a year ago with the Bakrie brothers, one of Indonesia's mightiest business families, to create an international coal-mining titan.

Following are quotes from President Barack Obama and Chinese President Hu Jintao before the APEC CEO summit.

F. Scott Frazier, who wrote The Numbers Station and Line of Sight, has sold his newest spec script to the British production company/financier Between the Eyes, TheWrap has learned.