UNITED STATES

What is the East Asia Summit all about?

IBTimes Logo
The East Asia Summit, bringing together the 10-member Association of South-East Asian Nations (ASEAN) and six dialogue partners, will be held in the Thai seaside resort of Hua Hin on Sunday.

Japan pushes for East Asia bloc

IBTimes Logo
Japan's prime minister backed a U.S. role for a proposed EU-style Asian community on Saturday, telling Southeast Asian leaders Tokyo's alliance with Washington was at the heart of its diplomacy.
IBTimes Logo

Taliban threaten Afghan run-off vote

The Taliban called on Afghans on Saturday to boycott next month's presidential election run-off and vowed to disrupt voting in a repeat of their threat to derail the disputed first round.
More news
IBTimes Logo

Health reform a slow moving freight train

Health reform negotiations have moved behind closed doors in Congress, but chances are high that a bill will pass this year -- even if it doesn't do all that much to revamp the nation's swelling $2.5 trillion health care system.
IBTimes Logo

Soros says taxpayers right to resent bank bonuses

Billionaire investor George Soros said U.S. taxpayers were entitled to resent bankers' bonuses because their profits were funded by government bailouts, according to an interview published in the Financial Times.
IBTimes Logo

Companies still hoard cash

Revitalized credit markets have cast a funding lifeline to U.S. companies and banks, but many companies are still hoarding their cash, a practice that may delay a full-fledged recovery.
IBTimes Logo

Central banks pressured to maintain loose policy

Central banks that worked hand in hand with governments to contain the financial crisis may succumb to political pressure and delay unwinding ultra-loose monetary policy, risking igniting inflation and speculative bubbles.
IBTimes Logo

AIG to disburse $12 million in delayed exec payments

AIG , the insurer that received a huge government bail out, said on Friday it is paying $12.1 million in retention awards to some top executives after U.S. pay czar Kenneth Feinberg gave it the green light.
IBTimes Logo

Bernanke Prods Congress for Financial Reform

Federal Reserve Chief Ben Bernanke, seeking policy solutions to manage financial risks as the nation exits a severe economic crisis, on Friday stressed the critical need for Congress take action to tighten finance laws and give greater powers to the government's financial supervisors.
IBTimes Logo

Iran ignores U.N. nuclear deadline

Iran ignored a U.N. deadline on Friday to respond to an international draft deal for it to cut an atomic stockpile the West fears could be used for weapons, and challenged the basis of the pact.
IBTimes Logo

Obama sees consensus growing on climate change bill

President Barack Obama said on Friday he saw consensus building in the U.S. Congress on climate change and energy legislation that is considered critical to international talks on a new global warming pact.
IBTimes Logo

Home sales scale 2-year high in September

Sales of previously-owned U.S. homes jumped to a two-year high last month, according to data on Friday, though the looming expiry of a tax incentive for first-time home buyers was a major factor spurring sales.
IBTimes Logo

Home sales scale 2 year high in September

Sales of previously owned U.S. homes jumped to a two-year high last month, according to data on Friday, though the looming expiry of a tax incentive for first-time home buyers was a major factor spurring sales.
IBTimes Logo

AT&T may lose Apple iPhone's exclusivity, CEO says

AT&T may lose its exclusive deal with Apple for iPhone, which lifted its third-quarter profit with 3.2 million activations over the period, AT&T Mobility CEO intimated on Thursday during a conference call with analysts.
IBTimes Logo

US gold ends lower as dollar up vs major currencies

New York gold futures ended lower in choppy trade on Friday, reversing gains from earlier in the session as the dollar rebounded against a basket of major currencies after an optimistic U.S. housing report and bleak U.K. economic data.
IBTimes Logo

Rise in sterling Libor pauses after GDP shock

Benchmark sterling interbank lending rates paused at 5-week highs on Friday after news that Britain's economy unexpectedly contracted again, while abundant amounts of liquidity kept euro and dollar rates pinned at record lows.
IBTimes Logo

Dow ends below 10,000; industrials drag

U.S. stocks fell on Friday, with the Dow slipping below the 10,000 mark, as weak results from industrial companies overshadowed robust earnings from tech heavy-weights.
IBTimes Logo

Polanski could face two years prison if extradited

Film director Roman Polanski could face two years in prison if extradited to the United States after fleeing sentencing in California on child sex charges in 1978, the Swiss justice ministry said on Friday.
IBTimes Logo

Democrats gauge options on public health plan

Democrats in the U.S. House of Representatives struggled on Friday to agree on which version of a government-run health insurance plan to include in a reform bill, but said one was certain to be in the final legislation.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.