ECONOMY & MARKETS

A Chinese tax on moon cakes is not likely to spark an uprising of the sort that earned the Boston Tea Party its place in history, but the move has left a bad taste in the mouth ahead of the Mid-Autumn Festival.

Hong Kong shares are poised to post the worst month since the 2008 financial crisis despite a third session of slim gains on Wednesday on the back of oil counters, but thin overall turnover continued to point to a lack of conviction in the rally.

Chinese Internet firm Shanda Interactive said on Wednesday its second-quarter net profit fell 95 percent on increased costs.

Filipino women who have been abused by their bosses in the oil-rich United Arab Emirates are learning how to manage money before they are sent back to the Philippines.

The Institute for Policy Studies (IPS) Executive Excess report shows that 25 major American corporations last year paid their chief executives more than they paid the government in federal income taxes.

A leading venture capital star says that a changing set of valuation expectations could be the prick that pops the software industry bubble.

The Dow Jones Industrial Average Re-enters positive territory, although the Department of Justice's suit against AT&T could derail those gains.

The hedge fund's chief economist will speak at FINforums Conference on three game-changing events that could unwind the European economy.

Here are Indicators that the morale of the American consumer is at its lowest in years.

SEI Investments published a report saying fund managers and investors are relieved to see unmistakable signs of a recovery.

The top pre-market NASDAQ Stock Market gainers are: Novavax, Sinovac Biotech, Jos. A Bank Clothiers, Silicom, and Corinthian Colleges. The top pre-market NASDAQ Stock Market losers are: LTX-Credence, DryShips, TriQuint Semiconductor, Vodafone Group, and News Corp.

Global Trust of Nigeria could be using Uganda as a testing ground for its Shariah Law-compliant products and services.

Land Rover will gauge consumer reaction to the DC100 as a way to decide the potential future direction of the iconic Defender.

VMware Inc. is moving further into the storage infrastructure market with the major new enhancements to its vSphere 5 release include several new storage capabilities, Jefferies said in a note to clients.

The Obama administration is considering unveiling new plans next week to revive the ailing housing market and reduce foreclosures, including an effort to help troubled borrowers refinance their mortgages.

Stock index futures pointed to a higher open for equities Wednesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.3 to 0.8 percent.

Barclays Capital said Tim Cook can handle the pressure and run Apple Inc. in Steve Jobs' shadow, but that it does not believe that Jobs is replaceable.

Asian stocks edged up Wednesday, poised to end a volatile month on a mildly stronger note, while the dollar struggled on heightened expectations that the U.S. Federal Reserve would do more to stimulate the economy.

Fed Chairman Ben Bernanke faced dissent in moving forward with aggressive action in response to the U.S. economic slowdown, released minutes from the board's Aug. 9 meeting reveal. The minutes show some Fed officials discussed a more aggressive effort to tackle the slowdown, including another round of Treasury bond purchases, and shifting Fed holdings into long-term Treasury Securities.

Hong Kong shares gained for a second-straight session on Tuesday, but trading was thin as investors stayed on the sidelines ahead of economic data releases from China and the United States this week.

China Mengniu Dairy Co Ltd , the country's top dairy product maker in which China private equity firm Hopu Investment Management owns a stake, on Tuesday posted a 27.6 percent rise in first-half net profit on solid sales growth, pledging to ensure product quality after a series of scandals tainted the industry's reputation.

Here's a bold prediction to feed Western worries that power is shifting inexorably to the East: China's yuan could overtake the U.S. dollar as the world's principal reserve currency as soon as next decade.

The real-life pursuits of the Hollywood star stand in stark contrast to one of her most enduring characters on the silver screen: the decidedly pro-business Darien Taylor in the movie “Wall Street.”

Wendy’s is moving its corporate offices to Dublin, Ohio, from Atlanta, where it has been headquartered since the merger with Arby’s in September 2008.

General Motors and LG Group will jointly design and engineer future electric vehicles.

Those who favor more government spending to fix the economy are neck and neck with those who wish to cut the budget deficit without delay.

South Africa's economy grew at its slowest pace in almost two years in the second quarter as the manufacturing and mining sectors slumped after strikes, boosting the case for interest rate cuts while denting the government's job-creation hopes.

The biggest impact from QE3 could come from Ben Bernanke announcing it rather than it actually going into effect.

Confidence among consumers plunged in August to its lowest in more than two years following the country's loss of its top credit rating and heart-wrenching drops in major stock indexes.