U.S. stocks advanced on Tuesday as oil prices eased to below $105 a barrel and financials rallied after Bank of America announced plans to increase dividends in the second half of the year.
Bad economy in most countries means the lack of benefits and job security for many and homelessness for a few. In North Korea, it means starvation/malnutrition for a substantial segment of the population.
U.S. stock index futures pointed to a flat open on Tuesday as more turmoil in Libya indicated a resolution was not close and a drop in oil prices failed to ease investor worry about the economic recovery.
Stock index futures rose on Tuesday as oil prices pulled back on prospects of an OPEC production hike after recent turmoil in the Middle East and North Africa caused a spike in prices.
It remains unclear whether Beijing's lofty rhetoric will achieve the desired results given political realities, the analyst says. Since reform and opening up of the 1970s, power has become increasingly decentralized in China meaning that the implementation of nationwide policy now necessitates a more prolonged process of consultation.
Boeing Co sealed deals worth $10 billion with two Chinese airlines as the world's second-largest economy expects to order more than 2,000 aircraft over the next five years to meet booming demand for air services.
U.S. stocks ended lower on Monday, led by declines from technology shares after Wells Fargo downgraded the semiconductors sector.
U.S. consumer electronics retailer Best Buy Co Inc said its retail strategy in China will focus on expanding its network into inland cities, where consumption is booming.
Chinese authorities have closed the Tibetan region for foreign tourists ahead of the third anniversary of violent anti-government riots there, the AFP reported today.
Emerging market economies that powered the global recovery may be growing too fast for their own good as inflation pressures build, a top International Monetary Fund official said on Monday.
Fast-growing emerging market economies are beginning to exhibit signs of overheating, a top International Monetary Fund official said on Monday.
The six Persian Gulf states have expressed their support for the establishment of a no-fly zone over Libya, while the U.S., U.K. and France try to hammer out an agreement with the United Nations for just such a measure.
Fast-growing emerging market economies are beginning to exhibit signs of overheating, a top International Monetary Fund official said on Monday.
With an aluminum back an internal antenna, Apple's iPhone 5 may be headed back to familiar territory.
France's finance ministry was subject to a cyber attack in December targeting information related to its presidency of the Group of 20 nations, officials said on Monday.
After 19 months, the Iranian government restored access to YouTube, roughly coinciding with the anniversary of the Islamic revolution.
The Gold Price rose new all-time highs vs. a falling US Dollar on Monday morning in London, hitting almost $1445 per ounce as European stock markets held flat and major-economy government bonds slipped, nudging interest rates up.
France's finance ministry was subject to a cyberattack in December targeting information related to its presidency of the Group of 20 nations, officials said on Monday.
France's LVMH will take over Italy's Bulgari in a 3.7 billion euros ($5.19 billion) deal to add luster to the No.1 luxury group's jewelry business and bring it more exposure to emerging markets.
France's finance ministry was subject to a cyberattack in December targeting information related to its presidency of the Group of 20 nations, officials said on Monday.
The dramatic rise in China's interest in silver is evident from the fact that the country imported an unprecedented 14 percent of global silver in 2010, whereas it was net exporter of silver till recently.
Countries that have come to depend on China for large amounts of rare earths metals should understand that Beijing has environmental concerns for curtailing exports, the Chinese Commerce Minister Chen Deming said on Monday.