Leading up to the nuclear summit in South Korea this week, Obama and Hu both expressed their serious concern about the launch, which was first described by North Korea as a peaceful launch of an earth observation satellite.
The Ifo Business Climate Index in Germany, a key business confidence report from one of the largest think tanks in the country, showed little change in March from February, indicating the slowdown in recovery.
Annan has already received support for the plan from Russian president Dmitry Medvedev and foreign minister Sergey Lavrov
A Tibetan exile set himself on fire during a protest against the upcoming visit of Chinese President Hu Jintao to India in New Delhi on Monday.
Continuing his tirade against the West, Iranian President Mahmoud Ahmadinejad said the US and NATO can no longer dictate policy for the rest of the world and warned that the NATO policy in Afghanistan and other countries would make Western relations with Pakistan worse.
Futures on major U.S. stock indices point to a higher opening Monday ahead of pending home sales data and a speech by Federal Reserve Chairman Ben Bernanke.
Asian stock markets ended with modest gains in lackluster trade Monday as concerns over the economic slowdown in China weighed on the sentiment.
China Petroleum & Chemical Corp. (Sinopec) announced on Sunday a 2 percent rise in profit for the year 2011 thanks to higher oil prices and increasing fuel sales.
The top aftermarket NYSE gainers Friday were: Teekay Tankers, Armstrong World Industries, CapitalSource, Convergys Corp, Emergent Biosolutions and ExactTarget. The top aftermarket NYSE losers were: China Ming Yang Wind Power Group, HFF, Ion Geophysical Corp, ExamWorks Group, Superior Energy Services and SouFun Holdings.
South Korea wrested one-upmanship from the belligerent North on Monday by issuing a stern warning that it might shoot down a rocket that Pyongyang is planning to launch next month.
European shares clawed back some gains from last week's losses on Monday and the euro backed off three-week highs as investors traded cautiously ahead of key data this week's including an Italian bond auction and a key German economic sentiment index.
U.S. lawnmower manufacturer Briggs & Stratton is used to worrying about turnover - just not the human kind.
Foxconn, the primary assembler for Apple products, went on a massive hiring spree, indicating that production of the iPhone 5 could be underway, according to Asian news source M.I.C. Gadget.
Early on the morning of March 16, Wong Tat joined a line of about 100 people waiting for the launch of the new iPad in a chilly rain outside an Apple store on the outskirts of San Francisco.
Asian shares edged up on Monday, finding some support after losing ground last week on fears of the impact of an economic slowdown in China, and the euro held near a three-week high.
A property consultant long tied to China's leadership won Hong Kong’s executive election, authorities said Sunday.
Amid the hoopla surrounding new product introductions by Apple (Nasdaq: AAPL), the initial public offering of Facebook (NYSE: FB) and what’s new with “Angry Birds,” people forget to acknowledge the true “brains” of the whole business: the chip.
President Barack Obama, visiting South Korea, called on the Communist North Sunday to call off a planned rocket launch, and warned that food aid in return for disarmament would be at risk.
China Construction Bank , the world's No.2 lender valued at $193 billion, joined smaller rival AgBank in reporting earnings lower than the market had expected as China's slowing growth squeezes its top lenders.
China Construction Bank , the world's No.2 lender valued at $193 billion, joined smaller rival AgBank in reporting earnings lower than the market had expected as China's slowing growth squeezes its top lenders.
Don Thompson's journey to the top spot at McDonald's Corp started in front of a computer, not a deep fryer.
President Obama was en route to South Korea Saturday for a two-day international nuclear security summit in Seoul as North Korea prepares to launch a satellite into space via rocket in April.
