The Japanese yen surged to an all-time high against the US dollar late Wednesday (New York time) as it surged over 340 pips, or 4.2 percent, against the US dollar in a span of roughly 30 minutes.
The uprising against Libyan leader Moammar Gaddafi will be crushed within the next forty-eight hours as forces loyal to the government close in on the rebel stronghold of Benghazi in the eastern part of the embattled country, according to Gaddafi’s son.
The 9 magnitude temblor which hit Japan on Friday sent tremors across the global supply chain as companies dependent on Japanese exports fretted over supply disruptions.
A group of Chinese authors have accused China's top search engine Baidu Inc of copyright infringement by allowing users to post their works online without their permission.
Panic-stricken by the growing nuclear crisis in Japan, thousands of immigrants are swamping immigration offices to apply for re-entry permits in case they plan to evacuate the country.
There are divergent views about the impact of the Japanese triple tragedy on the global economy. While some say the impact will be limited mainly to bottlenecks in the global manufacturing supply chain, others have said the Japanese disaster will have longer-term effects a wider cross section of global economy.
Private equity firm KKR & Co LP is increasing the sources of capital it taps as it gears up to raise its next buyout fund, the company said at its first ever investor day on Tuesday.
U.S. stocks ended lower on Tuesday as mounting fears about Japan's escalating nuclear crisis sparked sell-offs in financial markets around the world, but positive remarks from the Federal Reserve helped the indexes rebound from the day’s lows.
U.S. stocks ended lower on Tuesday as mounting fears about Japan's escalating nuclear crisis sparked sell-offs in financial markets around the world, but positive remarks from the Federal Reserve helped the indexes rebound from the day’s lows.
Four senators on Tuesday urged President Barack Obama's administration to step up its fight against China's hoarding of critical rare earth elements by blocking funding for Chinese mining projects.
The aftermath of Japan's disastrous earthquake and tsunami could temporarily ease the rise in rare earth prices, but overall demand is likely to continue to outstrip supply for the next few years, an industry executive said.
Manufacturing in New York state rose to a nine-month high in March, but a sharp slowing in new orders suggested that economic growth could be less robust in future months.
The Japanese earthquake shook the Earth so violently that it likely moved it from its axis and shortened the day.
Manufacturing in New York state rose in March to a nine-month high, while prices paid also accelerated in another sign inflation is starting to build.
Manufacturing in New York state rose in March to a nine-month high, while prices paid also accelerated in another sign inflation is starting to build.
U.S. stocks plunged in early trade on Tuesday, following sell-off in European and Asian stock markets amid fears of a nuclear disaster in Japan.
American folk singer Bob Dylan will perform in the Communist nation of Vietnam for the first time next month, according to his promoter.
Oppenheimer lowered its profit forecast on phone giant Nokia as the company is seeing greater than market seasonal weakness in demand in the first quarter of 2011.
The Internet had one overwhelming message for the world from Japan on Tuesday -- we're terrified of a nuclear meltdown and desperate to get out.
Brent crude fell below $110 a barrel for the first time in nearly three weeks on Tuesday as a deepening nuclear crisis in Japan and rising radioactivity levels heightened risk aversion across financial markets.
A new study by The European Fine Art Foundation states that China overtook the United Kingdom to move into the second spot for the first time in the global art market.
U.S. stocks ended lower on Monday, as investors were worried about the impact of the devastating earthquake and tsunami in Japan on the global economy.
