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Iraq in $396 mln power deals with Hyundai Engineering

Iraq has signed contracts worth $396 million with South Korea's Hyundai Engineering to build two power plants as it tries to increase electricity supplies, a senior official said on Tuesday.

China Considers Its Own Case Against U.S. Polysilicon Exports Following Dumping Complaint

In less than a week from now, commissioners with the U.S. International Trade Commission will be one step closer to making a decision on SolarWorld Industries America's trade dispute against Chinese dumping of solar cells.

2012 Republican Presidential Campaign: Will There be a Jon Huntsman Surge?

Former House Speaker Newt Gingrich is the current beneficiary of Republican voters' perpetual search for an alternative to Mitt Romney, and he's enjoying the amplified media attention that accompanies a rise in the polls. If he declines, is Huntsman next? Or is it time to write-off the former Utah governor?

TSX little changed, Kinross drop offsets China

TSX may edge up, helped by commodity recovery

Canadian stocks looked set to open slightly higher on Tuesday, in line with stronger commodity prices, though there were signs the respite from worries over U.S. and European government debt could be temporary.

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Gold Claws Back from Four Days of Losses

Gold prices on Tuesday clawed back four days of losses after ratings agencies decided not to punish the U.S. for its inability to cut the national debt.

Northwest China to Get Its First Ever Tourism Zone

China's central government has given its approval for northwestern China's first ever tourism zone, to be set up on Mount Dingjun in Mianxian County of Shaanxi Province.

Traders work on the floor of the New York Stock Exchange (NYSE)

Post-Market NYSE Movers (ING, ZLC, ABD, DY, EJ, JKS, PSS, TSL, RSG, AH)

The top after-market NYSE gainers are: ING Group, Zale Corp, Acco Brands, Dycom and E-House. The top after-market NYSE losers are: Jinko Solar, Collective Brands, Trina Solar, Republic Services and Accretive Health.

Asian Shares Fall After U.S. Deficit Deadlock

Asian shares edged down Tuesday as fears about the ability of politicians on either side of the Atlantic to tackle huge debt burdens sapped investors' confidence in the outlook for Western economies.

Short-Seller Report Batters China's Focus Media

Focus Media Holding Ltd , a U.S.-listed Chinese company, said a short-seller's report accusing it of overstating its assets was completely untrue, and it would make a statement refuting the allegations before U.S. markets open on Tuesday.

Acer Eyes 20-25% China Sales Growth in 2012

Taiwan's Acer Inc, the world's No.4 PC vendor by sales, expects its recent integration with Founder Technology and increased brand acceptance to help grow its China sales by between 20-25 percent next year, said the firm's head of China operations.

Acer eyes 20-25 percent China sales growth in

Focus Media Plunges on Muddy Waters Allegations

Shares of prominent Chinese digital media and advertising company Focus Media Holding Ltd plunged as much as 66 percent on Monday, after short-selling firm Muddy Waters accused the company of significant overstatement of the number of screens in its LCD network, among other charges.

HP seeks stability in 2012 after rocky year

Hewlett-Packard Co will ramp up spending on research, sales and turning around its flagging services arm in 2012, after its fourth-quarter profit fell nearly 91 percent on weak computer sales.

China records 300 million registered microblog users

China has more than 300 million registered microbloggers, state media said Monday, one of its fastest growing groups of internet users that the government has vowed to control.

Gold Prices Tumble More Than 2%

Gold dropped more than 2 percent on Monday, hit by margin selling related to an equities sell-off that stemmed from mounting fears about government debt in Europe and the United States.

Camila Alves Dishes on her MUXO Handbag Line, Jet-setting and Motherhood

Camila Alves tells IBTimes about her handmade handbag collection, MUXO. The MUXO line is influenced by a medley of cultures from around the world, cultures that Alves has experienced firsthand owing to her jetsetter lifestyle.

A pedestrian walks in the rain on Parliament Hill in Ottawa, November 13, 2003. [Canadian Prime Mini..

Insight: Lessons for U.S. from Canada's basket case moment

Finance officials bit their nails and nervously watched the clock. There were 30 minutes left in a bond auction aimed at funding the deficit and there was not a single bid.

China's Hony Capital raising up to $2.6 billion: sources

Hony Capital, one of China's most successful private equity funds, aims to raise up to $2.6 billion in a new fund, two sources said on Monday, in what is set to be the biggest ever dollar fundraising for a China-based firm.

U.S. to Name Iran Area of 'Money Laundering Concern'

It was unclear what exact steps the Treasury planned for Iran but it seemed unlikely it would seek to cut off the Iranian financial sector entirely, a move that could disrupt the global energy markets and harm the U.S. economic recovery.

Futures suggest 1 percent drop on likely debt panel defeat

Stock index futures pointed to a drop of about 1 percent on Monday as growing concerns about heavy debt loads both domestically and abroad added more uncertainty to a troubled market.

Silvercorp Metals Buying SX Gold Mining for $22.75M

Silvercorp Metals Inc said it will buy China's SX Gold Mining Company for about $22.75 million.

Futures tumble on expected debt panel defeat

U.S. stock index futures were sharply lower on Monday, extending the previous week's losses as a congressional super committee was expected to concede defeat in its bid to lower the deficit.

A sign for a Bank of America office is pictured in Burbank, California

Bank of America Capital Build Continues: Analyst

RBC Capital Markets said the completion of initial debt exchange and sale of additional non-strategic assets will strengthen the balance sheet of Bank of America Corp.

Ex-UBS star shakes and stirs at BofA Asia

When some bankers arrived late for work at Bank of America-Merrill Lynch's Asia headquarters in Hong Kong earlier this year, they found a Post-It note on their computer screens.

Digital China Could Buy AsiaInfo-Linkage, hiSoft or VanceInfo: Analyst

Digital China Holdings, an IT vendor, said it was looking at acquiring targets in China's IT service sector and AsiaInfo-Linkage Inc. (NASDAQ:ASIA), hiSoft Technology International (NYSE:HSFT) or VanceInfo Technologies (NYSE:VIT) could be the beneficiaries of this development.

Gold Falls as Dollar Firms; Fear Sweeps Markets

Gold fell by more than one percent on Monday, swept lower by a firm dollar and falls in other financial markets as worries deepened about government debt in Europe and the U.S.

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