Taiwan will further scrutinize American International Group's stalled $2.2 billion sale of its Nan Shan Life unit, and may decide on its fate before the end of June.
U.S. stock index futures were lower on Thursday ahead of a report on weekly jobless claims and after data showed a jump in Chinese inflation.
U.S. stock index futures were slightly lower on Thursday ahead of data on weekly jobless claims and international trade.
India has adjusted its export tax on iron ore several times over the last two years as the government tries to contain inflation and meet demand from domestic industries.
India's export taxes on iron ore and plans to ramp up supplies to domestic steel mills will cut shipments to key buyer China in the long term, and aid miners wrangling for a steep hike in term prices, if not scrap them.
Trying to guess when the Bank of Japan will make its next policy move? For now, try watching the yen.
In a tunnel deep beneath Shenyang's busy streets, Lu Ze flicked a switch and a lone light bulb revealed a cluttered concrete floor.
Chinese consumer inflation spurted to a 16-month high in February and a raft of economic data displayed broad-based strength, providing fresh arguments for policy tightening sooner rather than later.
A spike in Chinese inflation weakened equity markets on Thursday, as investors pondered the prospects of interest rate hikes in one of the world's main economic drivers.
The U.S. dollar is still the most important world currency, Standard & Poor's said on Thursday, but added that rising levels of U.S. debt and dependence on foreigners to finance much of pose risks to the currency's primacy.
Asian stocks fell on Thursday as investors worried strong loan growth and quickening inflation in China would spur Beijing to tighten monetary policy sooner than expected, while the yen rebounded against major currencies.
Asian stocks fell on Thursday as investors fretted over tighter monetary policy in China on the back of strong loan growth and quickening inflation, while the yen struggled amid signs that Japan's economy may need more support.
Motorola Inc has reached a deal with Microsoft Corp that will put Bing search and mapping services on its phones that use Google's Android operating system.
Mexican tycoon Carlos Slim is the world's richest person, knocking Microsoft founder Bill Gates into second spot, as the wealth of the world's billionaires grew by 50 percent over the last year, Forbes magazine said on Wednesday.
OPEC released its Monthly Oil Market Report on Wednesday. Although the March report projected higher demand for oil than the February report, OPEC remains cautious as key global economic issues remain unresolved.
The U.S. stock market eked out a modest gain ahead of an important resistance level for the S&P 500 Index and a Chinese CPI report, which market participants will use to gauge the likelihood of a rate hike in the near future.
Google expects an outcome soon from its talks with China over a censorship and hacking dispute, Chief Executive Eric Schmidt said on Wednesday.
The stock market edged higher on Wednesday as stocks in the transportation and financial sectors made significant gains.
A city with a distinct architectural style has a certain draw to travelers. Great architecture is both artistic and scientific, both beautiful and practical. Even more, architecture gives us cultural clues about a city's past, present and future.
Fred Hu is stepping down as a partner of Goldman Sachs, according to an internal memo, as sources said he plans to launch a new private equity fund.
Novartis has taken an exclusive option to develop Transgene's cancer vaccine TG4010, but the deal fell short of investors' hopes, pulling the shares in the French biotechnology company down 12 percent.
The outlook for precious metals remain positive over the medium term and bearish over the long term.The sharp rise in gold prices over prior months, set against the prospects for economic recovery over the coming quarters, have eroded gold's attractiveness for investors, pushing capital towards riskier assets such as equities. Meanwhile, unwinding of government stimulus measures and monetary easing have dulled gold's lustre as a hedge.
