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Nvidia's share tumble drags other chipmakers lower

Nvidia Corp shares tumbled 10 percent on Thursday, as analysts slashed price targets after the graphics chipmaker cut its sales outlook.

U.S. House panel sets Sept hearing on China's yuan

U.S. lawmakers will hold a hearing on Sept. 15 to consider whether U.S. government action is needed to address China's exchange rate policy, a key House of Representatives committee said on Thursday. China loosened its yuan, also known as the renminbi, on June 19 from a 23-month-old peg to the dollar but it has barely risen in value since then.

Sony surprises with return to profitability, raises outlook

Sony Corp lifted its annual outlook and returned to profitability in the first quarter on booming demand for its Bravia flat TVs and PlayStation 3 game consoles.

Sony surprises returns to profitability and raises outlook

Sony Corp lifted its annual outlook and returned to profitability in the first quarter on booming demand for its Bravia flat TVs and PlayStation 3 game consoles.

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Hyundai Q2 profit hits record on U.S. and China demand

Hyundai Motor Co , South Korea's top automaker, said on Thursday its quarterly net profit rose 71 percent to a record high, beating estimates on healthy demand in the United States and China.

Hyundai posts record Q2 profit

Hyundai Motor Co , South Korea's top automaker, said its quarterly net profit rose 71 percent to a record high, beating estimates on healthy demand in the United States and China.

Conoco Q2 surges as refining buoys Big Oil

ConocoPhillips , the third-largest U.S. oil company, reported a 150 percent increase in underlying quarterly profit, in a dramatic bounceback of its volatile refining business.

Zijin told to curb gold production in China

Gold and copper production in China may suffer a setback following the Chinese government's order to limit Zijin Mining Group's production at a gold mine located near a separate copper mine that was the source of a toxic spill.

Mental health experts ask: Will anyone be normal?

An updated edition of a mental health bible for doctors may include diagnoses for disorders such as toddler tantrums and binge eating, experts say, and could mean that soon no-one will be classed as normal.

China yuan 'substantially undervalued'-IMF official

International Monetary Fund staff believe the yuan is substantially undervalued based on expectations that China's current account surplus will increase as the global economic recovery gains strength, a senior IMF official said on Wednesday.

Euro firm on risk demand but lacks momentum

The euro struck a two-month high against the yen and stayed within reach of an 11-week high against the dollar on Wednesday, underpinned by robust European bank earnings and solid economic data. But analysts said the durability of any recovery in Europe was questionable.

Euro firm on risk demand, Aussie hit by CPI

The euro struck a two-month high against the yen and stayed within reach of an 11-week high against the dollar on Wednesday, as markets stayed in risk-on mode on robust European bank earnings and solid economic data.

IMF gives ground on yuan exchange rate debate

The International Monetary Fund has chosen not to call the yuan substantially undervalued, a move that recognizes China's efforts to free up its exchange rate and avoids friction with an increasingly influential shareholder.

Gold jewellery purchases soar 291% in India

World Gold Council said jewellery purchases in world's largest gold consumer, India rocketed by 291 per cent to 147.5 tonnes in the first quarter. In its report named Gold Investment Digest, the WGC also said India's total consumer demand surged 698 per cent to 193.5 tonnes.

BOJ's Kamezaki says Japan recovery not yet strong

Bank of Japan policy board member Hidetoshi Kamezaki said Japan's economic recovery lacks strength as export growth will likely moderate and government stimulus steps are set to expire.

IMF drops substantially undervalued yuan tag

Several directors of the International Monetary Fund's Executive Board believe the yuan is undervalued, but an annual report on China made no mention of the exchange rate being substantially below value.

Toyota pushes back U.S. Prius production by years

Toyota Motor Corp has pushed back plans to build its Prius in the United States by as much as six years, with a top executive saying U.S. production is likely to start only when the best-selling hybrid is remodeled.

Big miners to deliver strong results, H2 looks tougher

Major diversified miners are due to post surging first half results after a strong rebound in prices with demand driven by China and India.

China central bank sees economy slowing

China's central bank said on Tuesday that Chinese economic growth would slow but there would be no double-dip.

Impact of China labour disputes, rising yuan

A increase in labour disputes between management and workers in China, mostly at foreign-owned factories in the southeast, has raised questions about the country's future as a low-cost manufacturing centre.

Toyota expects next Prius model to be built in U.S.

Toyota Motor Corp will likely be able to build the popular Prius hybrid car in the United States when it is remodeled next, a top executive said on Tuesday.

Asian stocks rise on U.S. data, eyes on earnings

Asian stocks pulled back slightly from two-and-a-half month highs hit earlier on Tuesday after upbeat U.S. housing data, while the euro neared 2-month peaks on relief over stress tests on European banks.

Asian stocks up on U.S. data as euro near 2-month peak

Asian stocks rose to their highest in two and a half months on Tuesday, boosted by solid U.S. housing data, while the euro inched up toward two-month peaks on relief over stress tests on European banks.

Global economy still needs support: Treasury

Nations must not pull back too quickly on economic stimulus because the global recovery still needs support, a top U.S. Treasury Department official said on Monday.

Toyota to post Q1 operating profit of $1.1 billion: Nikkei

Toyota Motor Corp is likely to have secured a group operating profit of about 100 billion yen ($1.1 billion) in April-June, thanks to solid sales and a sharp recovery from the previous year's loss

Oil rises above $79 on strong U.S. housing numbers

Oil rose on Monday after a surge in new U.S. home sales cut the number of houses on the market to the lowest level in more than four decades, easing fears the post-crisis economy could slide into a second recession.

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