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.
Oil eases further below $79
Oil fell moderately on Monday as Tropical Storm Bonnie faded over the Gulf of Mexico, but trading was cautious ahead of U.S. economic and corporate earnings data.
Oil traders were reluctant to push oil prices too far in either direction before the release of US figures later in the day. Many are concentrating on the prospects of the United States, since it has been the main source in recent weeks of disappointing economic data that has kept alive fears of an erratic global recovery.
-
Japan export growth slows; yen rise may hurt ahead
-
Google search share slips as Baidu gains: report
-
Commodity Trends: Funds flow up in commodities
-
Sony to return to operating profit in Q1: report
-
Trump's Buy Tip Before Tariff Reversal Nets Massive One-day Gains for Investors Who Followed
-
CES 2021 Highlight: HONOR Band 6 Global Version Launch, The Most Functional Affordable Fitness Tracker to Date
More news
No basis for major yuan rise: source
There is no basis for a major appreciation in the yuan exchange rate, the State Information Center, a government think tank, said on Monday.
China will open wider to foreign business: minister
Worries that China is throwing up obstacles to foreign business are misplaced, Commerce Minister Chen Deming said in an article published on Monday.
BlackBerry poses social and security risks, UAE warns
The BlackBerry, made by Canada's Research In Motion , is open to misuse that poses security risks to the United Arab Emirates, which said on Sunday it would seek to safeguard its consumers and laws.
No new recession, let tax cuts die: Geithner
The economy is not likely to slip back into recession but letting tax cuts for the wealthiest Americans expire is necessary to show commitment to cutting budget deficits, Treasury Secretary Timothy Geithner said on Sunday.
No new U.S. recession, let tax cuts die: Geithner
The U.S. economy is not likely to slip back into recession but letting tax cuts for the wealthiest Americans expire is necessary to show commitment to cutting budget deficits, Treasury Secretary Timothy Geithner said on Sunday.
China runs stress tests on property trusts: report
China's banking regulator has run stress tests in the country's trust firms to see if they can withstand a downturn in the property sector, the Economic Observer reported on Saturday, citing unidentified industry sources.
Google search share slips, Baidu gains: report
Google's dominant position on the global online search market slipped slightly in the second quarter, as it retreated from the Chinese market, research firm Strategy Analytics said on Friday.
Chery unaware of GM technology theft saga
China's Chery Automobile Co said on Friday it was unaware of a U.S. case of alleged theft of GM technology that had been linked to the Chinese firm.
Platinum, palladium to rise next year too
The recent news that Euro zone economy is slowly gaining strength has helped platinum and palladium prices show signs of recovery.
According to reports platinum prices may rise as gradual economic recovery will lead to increased demand for the auto-catalyst metal, but some of the euphoria that lifted forecasts earlier this year has evaporated after a hefty correction in May.
Sweet Europe, sour America?
Investors are finding themselves with a new kind of balancing act -- one in which they have to juggle with three major regions posing three significantly different circumstances.
Europe's bank stress testing, the focus of much of the past week's market focus, is but one ball in the air.
U.S. industrial earnings boost recovery hopes
Caterpillar Inc , UPS and other U.S. multinationals reported strong quarterly results on Thursday, suggesting the global economy may be on a stronger footing than previously thought.
Baidu may press claims over hackers: U.S. judge
China's leading search engine, Baidu Inc, can sue its U.S.-based domain name service provider, Register.com Inc, for breach of contract, gross negligence and recklessness related to an attack by hackers, a U.S. judge ruled on Thursday.
Saving Volvo - Geely buys brand, management test
It was a miserable winter day in January 2007, the kind that makes auto executives in the Motor City wonder why they hold the Detroit Auto Show at the most inhospitable time of the year.
Strikes end at two Chinese automotive suppliers
Chinese factory workers at two suppliers for foreign automakers returned to work on Thursday after winning hefty pay rises, ending strikes that again highlighted the carmakers' vulnerability to their China suppliers.
Pirate traders exploit Internet sales model : EU
Internet sales of counterfeit and pirated goods to European consumers are frustrating attempts to stem illegal trade, a European Commission report said on Thursday.
Industrial earnings boost recovery hopes
Strong results from major U.S. multinationals such as Caterpillar Inc and UPS suggest the global economy may be on a stronger footing than previously thought.
Emerging markets boost industrials' bottom line
Industrial companies, including Caterpillar Inc and 3M Co , credited demand from emerging markets like China for another round of stronger-than-expected quarterly results and improved 2010 forecasts.
UPS, Union Pacific beat Street
Shipper United Parcel Service Inc and U.S. railroad Union Pacific Corp topped Wall Street's expectations when they reported quarterly results as both captured increases in domestic shipping volume, sending their shares sharply higher.
Special Report: Saving Volvo - Geely buys brand, management test
It was a miserable winter day in January 2007, the kind that makes auto executives in the Motor City wonder why they hold the Detroit Auto Show at the most inhospitable time of the year.
Special Report: Saving Volvo: Geely buys brand, management test
It was a miserable winter day in January 2007, the kind that makes auto executives in the Motor City wonder why they hold the Detroit Auto Show at the most inhospitable time of the year.
Platinum to cross $1300 soon
Platinum and palladium is set to scale new heights in the coming months. If the forecast of analysts is any indication platinum and palladium could reach around $1,300 and $400 an ounce, respectively, over the next couple of months.
Wal-Mart could open 100s of stores if India rules ease
Wal-Mart , the world's top retailer, will be ready to open hundreds of stores in India if the country opens up the sector to foreign direct investment, the chief of its Indian joint venture said.
Pages
- Promoted in Electronics
- 1
- 2
- 3
- 4
- 5
Editor's pick
-
Trump Heads To The Gulf Eyeing Deals Amid Diplomatic Offensive
-
Scientists In Mexico Develop Tortilla For People With No Fridge
-
Kim Kardashian To Testify In Paris Multi-million-dollar Robbery Trial
-
Hamas Officials Say Group Held Direct Gaza Ceasefire Talks With US
-
Ukraine Ready For Russia Truce Talks, Zelensky Says
-
Trump's New Budget Boss: Russell Vought To Lead 'Ruthless' Government Cuts After Musk Steps Down
