JPMorgan Chase and Morgan Stanley received approval from Chinese regulators to form joint ventures with domestic firms, which would allow them to participate in underwriting Chinese stock and bond offerings.
Lenovo Group Ltd, which is making a concerted push into tablets, said it expects the devices to see good growth but still eventually only make up a fraction of the broader personal computer market.
The following are highlights from a U.S. Senate Budget Committee hearing on Friday with testimony from Federal Reserve Chairman Ben Bernanke.
India's will overtake the U.S. in forty years in terms of GDP at purchasing power parities (PPP) while China will sail past its financial and political rival as early as 2018, a PricewaterhouseCoopers (PWC) report said on Friday.
Chinese authorities are planning to construct a “seven-star hotel” in western Beijing’s Mentougou district, about 30 kilometers from the Chinese capital center, in a $1.3 billion joint project with Saudi Arabia.
The euro fell to a four-month low against the dollar on Friday ahead of U.S. jobs data and next week's bond issues from euro zone peripheral countries, while world stocks and copper eased. A surprise sharp increase in U.S. private sector job creation in December have raised expectations of stronger non-farm payrolls for the month, with economists now expecting 175,000 jobs were created, up from 1...
U.S. stock index futures edged down on Friday, as caution prevailed ahead of the release of U.S. non-farm payroll figures, with futures for the S&P 500, the Dow Jones and the Nasdaq down 0.1 to 0.2 percent by 4:42 a.m. ET.
Chinese securities regulators on Friday approved the joint ventures of J.P. Morgan Chase & Co and Morgan Stanley , bringing the banks a step closer toward operating securities businesses in China that they, and other banks, have long sought.
Changes in how China manages the massive liquidity in its financial system and the persistent capital inflows chasing faster yuan appreciation may make short-term debt auctions a key indicator of Beijing's policy intentions.
IBTimes compiles a list of the greatest trades of all time with accompying information that explains the rankings.
U.S. Treasury Secretary Timothy Geithner on Thursday stepped up pressure on Republican lawmakers to raise the nation's $14.3 trillion debt limit, warning failure to act would lead to an economic catastrophe.
In this piece, we will examine four of gold's most important rules; the irreversible trends affecting the gold price; and how the consequences of these trends will push gold higher in 2011 and beyond.
In an annual survey conducted by the Japan Bank for International Cooperation, India for the first time topped the list as the most attractive destination, overtaking China.
There is euphoric expectation that China, armed with its $2.6 trillion reserves, will emerge as the ultimate white knight for Europe. Is that belief founded on facts and substantiated by strategic thinking?
Since 2010, the media as been buzzing about tablet PCs that took over the market, but none has matched the potential of Apple iPad with its simple but killer features. Now, Motorola, RIM and Lenovo, few of the major players in the market are hoping to capture their share of success in the tablet PC world.
AT&T has raised the number of clients in the Greater China region by about 50 percent in 2010, Reuters reported on Thursday, quoting a senior executive of the company.
Food prices will continue to haunt the world in 2011, even as the UN's Food and Agricultural Organization warned of 'food price shock' on Wednesday.
Total global revenue from tablet devices like Apple's iPad and Samsung's Galaxy Tab will increase from 16 billion dollars in 2010 to a whopping 46 billion dollars in 2014, according to a report released Wednesday by U.S. technology research firm Yankee Group.
AT&T has increased the number of clients it has in the Greater China region by about 50 percent in the past year, a senior executive said on Thursday, and is now looking to target privately run Chinese companies.
The companies that reported news on Wednesday after the market close are: Cisco Systems, CenturyLink, Qwest Communications, Delta Air Lines, Massey Energy, AMR, American Airlines, Ruby Tuesday, Resources Connection, Mindspeed Technologies, Quidel, Lacrosse Footwear, and Daqo New Energy.
Chinese Vice Premier Li Keqiang has said his country is willing to buy about 6 billion euros ($7.9 billion) of Spain's public debt, Spanish newspaper El Pais reported on Thursday, citing government sources.
Developed market stocks climbed on Thursday on hopes for renewed U.S. economic growth, although the dollar and emerging markets steadied, unwilling to push a rally further ahead of more data on Friday.