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Samsung Q3 profit down

Samsung Electronics Co, the world's top technology firm by revenue, reported a 13 percent fall in quarterly profit, as the stellar performance of its handset business was overshadowed by a slump in its mainstay chip division.

As Earthquake Casualties Mount, Focus on Turkey-Israel Relations

The official death toll from the Van, Turkey earthquake last Sunday has risen to 500 people, but while rescue teams find more bodies and people whose homes were destroyed sleeping outside on snowy nights, the world has turned its attention to the relationship between Turkey and Israel.

Consumers and businesses pump up third-quarter growth

The economy grew at its fastest pace in a year in the third quarter as consumers and businesses stepped up spending, creating momentum that could carry into the final three months of the year.

Nintendo Post Poor Quarterly Financial Performance: Analysts Question Veteran Games Makers Future

Nintendo Loses $926 Million: The Rise (and Fall?) of Mario's Creator

Nintendo, which popularized gaming for the masses with accessible, colorful products, reported a loss of $926 million on Thursday, by far the largest for the company.

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Unleaded gas price is displayed at JJ's Express Gas Plus station in Phoenix gas station in Phoenix

Consumers, Businesses Pump up U.S. Q3 Growth

U.S. economic growth increased at its fastest in a year in the third quarter as consumers and businesses set aside fears about the recovery and stepped up spending, creating momentum that could carry into the final three months of the year.

Germany's Chancellor Angela Merkel waits for her car as she leaves a euro zone leaders summit in Brussels

Euro deal leaves much to do on rescue fund, Greek debt

Euro zone leaders struck a last-minute deal to limit the damage from the currency bloc's debt crisis early on Thursday but are still far from finalizing plans to slash Greece's debt burden and strengthen their rescue fund.

Consumers, businesses to pump up Q3 growth

Economic growth likely gathered steam in the third quarter as consumers and businesses set aside fears and stepped up spending, creating momentum that is expected to carry into the final three months of the year.

Consumers, Businesses to Pump up 3Q Growth

NASA Halts Undersea Asteroid Mission Due to Hurricane Rina (Photos)

The 15th NASA Extreme Environment Mission Operations (NEEMO) ended ahead of schedule due to the predicted path of Hurricane Rina.

Late Chinese leader Mao Zedong is seen on a 100 yuan banknote in this photo illustration taken in Beijing

Exclusive: China eyes creation of ASEAN Bank

China is considering a proposal to set up a regional bank to help its small and medium enterprises invest in Southeast Asian neighbors, fund infrastructure projects and promote development in southwestern China, two independent sources said.

BOJ eases policy with eye on yen, Europe crisis

The Bank of Japan eased monetary policy on Thursday by boosting purchases of government bonds and warned of risks posed by a strong yen and Europe's debt crisis in a sign it would act again if recovery in the world's third-largest economy falters.

Shell, Statoil profits soar on higher oil

Royal Dutch Shell Plc and Norway's Statoil reported big jumps in profits on Thursday, driven mainly by higher oil and gas prices with help from increased production.

Exclusive: Records raise Olympus conflict of interest question

U.S. patent records point to a possible conflict of interest in an Olympus investment in a cookware company, raising more questions for investors demanding a full explanation from the Japanese company of acquisitions that made heavy losses.

EU Crisis Deal Lifts Stocks, Euro to 2-Month High

World stocks and the euro rose to their highest levels in nearly two months on Thursday after European leaders struck a deal to resolve a two-year-old sovereign debt crisis, which threatens the survival of the single currency.

Olympus Corp President Kikukawa speaks during a news conference in Tokyo

Olympus Shares Surge after Chief Quits

Olympus Corp's shares surged in brisk trade on Thursday after its chairman and president quit and his successor said he would explain past M&A deals at the heart of a scandal that wiped out half of the firm's market value.

Shell's Q3 profits soar on higher oil price

Royal Dutch Shell Plc reported a doubling in profits on Thursday thanks to higher oil prices, robust demand for gas and stronger refining margins, and said it would continue to sell off non-core assets.

Sharp cuts outlook as TV sales slide

Sharp Corp cut its full-year operating profit forecast by 12 percent, hit by sliding domestic television sales but the cut was not as bad as the market had feared.

Australian court to fast-track Samsung appeal on tablet ban

Samsung Electronics won Australian court approval for fast-tracking its appeal against a ban on the sale of its new Galaxy tablet computer in the country, part of an ongoing global legal battle with iPad maker Apple Inc.

Hyundai sees rising competition after Q3 profit rise

South Korea's Hyundai Motor <005380.KS> warned of rising competition and economic uncertainty after it posted on Thursday a 21 percent rise in quarterly net profit, fueled by solid sales gains in the United States, Europe and other markets.

Sharp posts rise in quarterly profit, trims outlook

Sharp Corp reported a 44 percent rise in quarterly earnings, beating analysts' expectations, but cut its full year forecast as shriveling domestic television sales offset growing demand for smartphones and tablets.

Hyundai Q3 profit up 21 percent; meets forecast

South Korea's Hyundai Motor <005380.KS> posted a 21 percent rise in quarterly net profit, meeting consensus, fueled by solid sales gains in the United States, Europe and other markets despite global economic uncertainty.

Olympus Corp. newly-appointed President Takayama attends a news conference in Tokyo

Olympus Sticks to Defense of M&A Deals

Japan's Olympus Corp on Thursday stuck to its defense of deals that have come under fire since the 92-year-old firm axed its British CEO in a bitter boardroom battle, repeating that the acquisitions were strategic and involved no wrongdoing.

Asia shares edge up, euro steady on EU summit

Asian shares edged up and the euro steadied on Thursday after European leaders agreed to boost the region's rescue fund, but their failure to offer a detailed plan to recapitalize banks and reduce Greek debt to a sustainable level may keep gains limited.