China's economy grew 11.9 percent in first quarter: sources
China's economy grew about 11.9 percent in the first quarter from a year earlier, topping expectations and the fastest annual pace in nearly three years, according to two market sources.
Volvo sees slow upturn in Europe, North America
World number two truck maker Volvo said on Wednesday it expected its key European truck market to revive only gradually this year from its worst downturn in decades.
China crude oil imports surge in March
Crude oil imports by world's second largest oil consumer, China registered a 29.2 percent growth year on year in March. According to country's General Administration of Customs, China's crude oil imports were 21.06 million tons or 4.98 million barrels per day in March, up 29.2% year on year or 2.7% month on month. In the first three months, the country's crude oil imports surged 39% year on year to 56.68 million tons.
Apple delays overseas iPad sales due to strong U.S.
Apple Inc said on Wednesday it would delay for one month the international launch of its popular iPad tablet computer, due to stronger-than-expected first-week sales in the United States.
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Consumer prices rise 0.1 percent in March
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Retail sales surge in March
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Earnings, retail sales lift Wall Street
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Popular anticonvulsant drugs raise suicide risks
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CES 2021 Highlight: Robot Vacuum And Mop From Roborock Unveiled, 50Hz Scrubber For Tough Stains
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CES 2021 Highlight: HONOR Band 6 Global Version Launch, The Most Functional Affordable Fitness Tracker to Date
More news
Can gold save Greece from the torrid fiscal mess?
Greek literature boasts three great writers of tragedy: Aeschylus, Sophocles, and Euripides in the olden days. But, now Greek tragedy has nothing to do with literature. It is all about money or rather Euro. In the ancient days, the largest festival for Greek tragedy was the Dionysia held for five days in March or April, for which prominent tragedians usually submitted three tragedies and one satyr play each. In 2010, Greek Tragedy is again performed in March-April with three major players like G...
JPMorgan investment bank powers profit rise
JPMorgan Chase & Co's first-quarter profit topped Wall Street expectations, as revenue from its investment bank transcended losses on consumer loans.
S&P hits 1,200 on upbeat earnings, data
U.S. stocks rose at the open on Wednesday boosted by stronger-than-expected results from JPMorgan Chase and Intel, and after retail sales data provided fresh evidence of an economic recovery.
Retail sales surge, inflation pressures muted
Sales at U.S. retailers rose more strongly than expected in March, pointing to a broadening of the manufacturing-led economic recovery as inflation pressures remained muted.
Wall Street set for higher open on earnings, sales data
BY Chuck MikolajczakWall Street was set for a higher open on Wednesday, boosted by solid results from Intel and JP Morgan Chase, while retail sales data provided fresh evidence of an economic recovery.
Intel, JP Morgan results lift stock futures
U.S. stock index futures rose on Wednesday, boosted by Intel Corp after the technology bellwether posted better-than-expected quarterly results and forecast revenue above estimates.
Stock futures rise after Intel, JP Morgan results
U.S. stock index futures rose on Wednesday, boosted by Intel Corp after the technology bellwether posted better-than-expected quarterly results and gave a forecast that topped estimates.
Treasury seeks to protect federal benefits: report
The Treasury department will release new rules on Wednesday that would prevent banks from seizing a borrower's social security to recover unpaid debt, the Wall Street Journal said.
Wall Street futures signal gains on upbeat Intel results
Stocks futures rose on Wednesday, pointing to a higher start for Wall Street after the world's top chipmaker Intel Corp posted better-than-expected first-quarter results and gave an outlook that topped Wall Street forecasts.
Wall St futures signal gains on upbeat Intel results
Stocks futures rose on Wednesday, pointing to a higher start for Wall Street after the world's top chipmaker Intel Corp posted better-than-expected first-quarter results and gave an outlook that topped Wall Street forecasts.
EUR/USD yesterday with a little break ???
Good morning dear traders, do you also feel the spring fever at the moment. I think everybody is feeling this way with this weather. But even the financial markets are susceptible to that. At least this seems to
me when I watch the EUR/USD chart. Did the crosspair run out of steam?
AIG unit raises $2 billion in aircraft sale to Macquarie
The aircraft leasing unit of bailed-out insurer American International Group has agreed to sell 53 passenger jets to Australia's Macquarie Group to raise a much-needed $2 billion in cash.
Fed officials see slow U.S. recovery, slack economy
U.S. Federal Reserve officials said on Tuesday the economy is operating well below full capacity and full recovery is a way off, in comments suggesting no urgency to begin tightening financial conditions.
CSX earnings rise 22 percent
U.S. railroad CSX Corp reported a 22 percent jump in quarterly earnings on Tuesday, beating analysts' estimates and offering fresh signals that the economy is ticking upward.
Top GOP senator, White House clash on financial reform
The White House said yes we can on financial regulatory reform on Tuesday, while the top Republican in the U.S. Senate said no we won't.
General Mills to take $34 million health bill charge
Cereal maker General Mills Inc backed its earnings view for the full year, excluding a non-cash charge of $34 million it will take relating to the U.S. healthcare reform bill.
Gates assails Internet group over attack video
Defense Secretary Robert Gates criticized the Internet group Wikileaks on Tuesday over its release of a video showing a 2007 U.S. helicopter attack that killed a dozen people in Baghdad, including two Reuters news staff.
Baird nabs Smith Barney's Perez in Northwest push
Baird Private Wealth Management on Tuesday said it hired veteran Smith Barney broker David Perez in Portland, Oregon, the first step in the firm's expansion in the Pacific Northwest region.
Levi Strauss posts higher profit in first quarter
Jeans maker Levi Strauss & Co said on Tuesday that quarterly net profit rose 17 percent on higher revenue from currency gains and improved consumer spending.
Corrected: Levi Strauss posts higher profit in first quarter
(Corrects to show that revenue rose 15 percent in Europe, not fell in paragraph 7)
FDIC proposes large banks pay for their risk
U.S. regulators proposed large banks pay higher fees if they engage in risky activities, introducing a new scorecard said to better predict how institutions will fare in economic downturns.
Market rises slightly as results eyed
U.S. stocks eked out a gain on Tuesday as investors looked ahead to earnings from big banks and tech bellwethers, even as disappointing revenue from Alcoa Inc acted as a headwind.
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