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Caution on Main Street: retailers fret ahead of key sales season

Caution is the watchword for apparel executives heading into the all-important holiday season and their lack of confidence is scaring investors.

China's Xi says China, U.S. should coordinate to boost mkt confidence

Xi Jinping speaks during a meeting at the Economic Commission for Latin America and the Caribbean (CEPAL) in Santiago

China and the United States have a responsibility to strengthen macro-economic policy coordination and together boost market confidence, Chinese Vice President Xi Jinping told visiting U.S. Vice President Joe Biden on Thursday, according to Chinese state media.

China Ming Yang, China Wind Power ink wind farm deal

Wind power producer China Wind Power International Corp said it signed an engineering contract with China Ming Yang Wind Power Ltd for the construction of its wind farm project in the Asian country.

Georgetown-China Brawl: What Happens When Diplomacy Goes Bad (VIDEO)

The Georgetown basketball team got in a brawl with a professional Chinese basketball team.

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Five Reasons Why HP Would Sell its PC Lines

Hewlett-Packard could sell low-margin PCs to focus on high-margin services

Gary Locke’s China ‘Backpack Diplomacy’ Works Wonders

U.S. Ambassador to China Gary Locke is working wonders with his backpack diplomacy to the Chinese public. Ironically, Locke wasn't even trying to impress anyone.

Georgetown Basketball vs. China: Video from the Brawl

A basketball game between Georgetown's men's basketball team and a Chinese professional team ended at an abrupt halt after a massive brawl broke out on mid-court.

Analysis: China steps up iron ore drive in Africa

A bold push by China into iron ore projects in Africa and elsewhere will increase its access to supply and may help moderate prices but will only slowly reduce its dependence on the three companies that dominate the market.

From Ice Age to hyper-inflation with SocGen bear

Three months ago, with the Federal Reserve nearing the end of its second major stimulus program and inflation pressures on the rise, Albert Edwards' bond market view stood out from the crowd.

Caterpillar sees slowdown in dealer sales growth

Caterpillar Inc said growth in dealer sales of its heavy equipment slowed in the three months ended July, particularly in North America, reinforcing concerns about the struggling U.S. economy.

Morgan Stanley cuts global growth view, eyes ECB

The United States and euro zone are dangerously close to recession, Morgan Stanley said on Thursday, criticizing policymakers and predicting the European Central Bank will have to reverse its rates policy.

China Mobile talking to Apple on iPhones

China Mobile said it hoped to launch Apple iPhones soon to accelerate uptake of high-end 3G services as it reported first-half profit at the top end of expectations.

Obama Calls on Assad to Step Down

President Barack Obama on Thursday for the first time called on Syrian President Bashar al-Assad to step down after a brutal crackdown by Syrian forces on demonstrations against the Assad family's 41-year reign.

China Housing Bubble: Couples Faking Divorce to Buy More Homes

China is in the midst of a housing bubble, and the government has initiated policies to try and slow growth of second and third home buying. But many couples are getting around the new policies by faking divorce, so they can borrow more money.

China's Big Economic Bubble: 5 Reasons It's Sure to Burst

Chinese couples are faking divorce so they can get borrow money to buy second and third homes. Here are five reasons China's economic bubble is sure to burst.

Cathay Pacific Delays Ad Campaign After Sex Photos Scandal

Asian airline Cathay Pacific has delayed an ad campaign after a sex photo scandal rocked the company.

Apple Surpasses Lenovo in China Sales

Apple?s sales in China have surpassed those of China?s biggest computer maker, Lenovo, which is also the third largest PC vendor in the world.

Venezuela's President Hugo Chavez kisses the national flag

What's Behind Chavez Nationalizing Venezuela's Gold Industry

Venezuela will nationalize its gold industry and is moving its international reserves out of Western countries, President Hugo Chavez said Wednesday in a combative step ahead of his re-election.

Asian Buyers to Lift Demand for Gold - Analysis

Gold demand fell in the second quarter but is still expected to rise in the full year as Asian buyers add to holdings and interest in the metal as a haven is stoked by worries over U.S. and euro zone debt, the World Gold Council said on Thursday.

Exclusive: Party insider maps bold path for China's next leaders

A former Chinese official's manifesto for a new burst of reform mixing Mao, markets and guarded political relaxation has opened a rare window into ideas shaping the country's next generation of princeling leaders.

China Mobile says has held talks with Steve Jobs on iPhone

China Mobile Ltd, the world's biggest mobile operator, has met with Apple Inc Chief Executive Steve Jobs several times on introducing an iPhone based on its network standard.

A China Mobile company flag and the Chinese national flag are reflected in the windows of the China Mobile building in central Beijing

China Mobile H1 profit grows, talking to Apple on iPhones

China Mobile logged its fastest half-yearly profit growth in nearly three years and said it hopes to soon launch Apple's popular iPhones to accelerate uptake of high-end 3G services.

Coca-Cola to invest $4 billion more in China starting 2012

Coca-Cola , the world's largest soft drinks producer said on Thursday it will invest $4 billion more in China over the next three years starting from 2012.

A trader works on the floor of the New York Stock Exchange

Stock Futures Signal Selloff as Traders Await U.S. Data

Stock index futures pointed to a sharply lower open on Wall Street on Thursday, with futures for the S&P 500 down 2 percent, Dow Jones futures down 1.5 percent and Nasdaq 100 futures down 2.2 percent at 5:17 a.m. EDT.

Smoke raised in city after army crackdown

Assad Claims Halt to Attacks, but They Continue

Syrian President Bashar al-Assad has told U.N. Secretary-General Ban Ki-moon that attacks on pro-democracy protesters have stopped, but activists reported more bloodshed overnight.