The World Trade Organization said on Monday it had upheld the bulk of a ruling that Boeing received billions of dollars of subsidies to compete with Europe's Airbus , as both sides once again claimed victory in a long-running trade row.
Stock index futures advanced on Tuesday ahead of data that could provide clues about the intensity of consumer spending and before a monetary policy announcement from the Federal Reserve.
Stock index futures advanced on Tuesday ahead of data that could provide clues about the intensity of consumer spending and before a monetary policy announcement from the Federal Reserve.
Tuesday's attack in Kandahar province came as student protesters in the eastern city of Jalalabad condemned the weekend killing of several civilians by a U.S. Army staff sergeant. The 38-year-old serviceman could face the death penalty if convicted, a top U.S. official said.
The European Union, United States and Japan formally asked the World Trade Organization on Tuesday to settle a dispute with China over Beijing's restriction on exports of raw materials, including rare earth elements critical to major industries.
Stock index futures advanced on Tuesday ahead of data that could provide clues on the level of consumer spending and before a policy announcement from the Federal Reserve.
The top after-market NASDAQ gainers Monday were: Carmike Cinemas, IntegraMed America, Powerwave Technologies, Tranzyme, AeroVironment and United Online. The top after-market NASDAQ losers were: Tangoe, Urban Outfitters, Gencor Industries, FX Energy, Salix Pharmaceuticals and Akorn, Inc.
Taliban militants attacked the government delegation visiting the village where an American soldier is suspected of killing 16 civilians. The delegation which included Afghan President Hamid Karzai's brothers and several top government officials was attacked from multiple directions when they reached the site in Panjwai in Kandahar province of Afghanistan, according to a BBC report.
Police arrested Rebekah Brooks, the former News of the World editor and close associate to Rupert Murdoch, for a second time on Tuesday in a new round of detentions in Britain's phone-hacking scandal, Sky News reported.
Singer Debbie Gibson, winner of the NBC television reality show Celebrity Apprentice, will donate the $50,000 prize money to Children International, a U.S. based humanitarian organization.
European shares rose and the dollar held near highs on Tuesday on hopes German and U.S. data will fuel expectations of an economic recovery and of no fresh stimulus moves from the Federal Reserve later in the day.
Stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500 up 0.56 percent, Dow Jones futures up 0.45 percent and Nasdaq 100 futures up 0.54 percent at 0949 GMT.
The U.S. will join Japan and the European Union for pressing the World Trade Organization to force China for loosening its restrictions on exports of rare-earth minerals.
The Bank of Japan kept monetary policy on hold on Tuesday, overruling a lone proposal for more stimulus and disappointing some in markets who thought the central bank could follow up last month's easing with another move to amplify its impact.
European shares gained on Tuesday on hopes German and U.S. data will support rising hopes of an economic recovery ahead of a monetary policy statement by the Federal Reserve.
Asian equities hit a one-week high on Tuesday, holding firm in the wake of recent signs of improvement in the U.S. economy, while the yen rose after the Bank of Japan kept monetary policy steady.
Two new Chinese LCD screens in Beijing's imposing Great Hall of the People will replace screens made by a Japanese competitor, in a sign of resolve to supply the world with Chinese brands and not just Made in China products.
The recent sustained run of stronger economic data, particularly on the labor market, indicates a possible GDP growth of 2.0 percent this year according to Capital Economics.
The Federal Reserve on Tuesday is expected to hold a steady course on monetary policy, acknowledging a mildly brighter economic outlook while refraining from any suggestion that further easing is now off the table.
The Obama administration is all set to file a case against China's export restrictions on rare earth at the World Trade Organization.
Exports to the U.S. were a bright spot, but the general picture from China’s latest trade data is that global demand is still subdued, according to Capital Economics.
Japan's Nikkei average breached 10,000 for the third straight session before trimming gains to 0.9 percent Tuesday, lifted by defensive buying as investors looked for signs of further easing from the Bank of Japan.
