India's government is investigating whether local units of U.S. Internet giants Google Inc and Yahoo Inc may have violated the country's foreign exchange laws, the Wall Street Journal reported.
Asian nations shopped for aircraft and military hardware at the region's biggest aerospace and weapons bazaar on Tuesday as a new report said China's defense spending would exceed the combined spending of all major countries in the region within three years.
Gold prices followed crude oil and global stocks lower Tuesday after ratings firms cut the credit ratings of several European nations and banks and warned that more reductions were likely.
Stock index futures pointed to a slightly lower open for equities on Wall Street on Tuesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down 0.1 to 0.2 percent.
Rating agency Moody's warned on Monday it may cut the triple-A ratings of France, the United Kingdom and Austria, and it downgraded six other European nations including Italy, Spain and Portugal, citing growing risks from Europe's debt crisis.
Global shares and the euro eased and safe-haven German government bonds rose on Tuesday as demand for riskier assets stalled after ratings agency Moody's downgraded six European nations, taking the shine off the Bank of Japan's policy easing.
Shares and the euro fell on Tuesday after Moody's warned it could downgrade top-rated sovereigns including Britain, reminding investors that Europe is still deeply mired in a debt crisis despite Athens' steps to avoid a disorderly default.
Most computer users in Iran were blocked from accessing email, social networking and other services in recent days, U.S.-based Internet experts said on Monday, raising fears the government is extending the reach of its surveillance on ordinary citizens.
Departing from a typical runway show, Emilio Cavallini used a sexy, intimate cinematic experience channeling Bettie Page to present his seductive Fall 2012 legwear collection, Risqué Business on Monday at Mercedes-Benz Fashion Week in New York. View the slideshow to see photos of the Emilio Cavallini Fall 2012 collection at Mercedes-Benz Fashion Week in New York.
The Bank of Japan loosened monetary policy on Tuesday by topping up asset purchases in the face of mounting political pressure for bolder action to beat deflation and ease the pain on the economy from a strong yen.
Goldman Sachs Group said on Monday that George Mattson, a co-head of the firm's global industrials group, will retire after an 18-year career at the investment bank.
Rating agency Moody's warned on Monday it may cut the triple-A ratings of France, the United Kingdom and Austria, while it downgraded the ratings of Italy, Portugal, Spain, Slovakia, Slovenia and Malta.
Rating agency Moody's warned on Monday it may cut the triple-A ratings of France, the United Kingdom and Austria while it downgraded the ratings of Italy, Portugal, Spain, Slovakia, Slovenia and Malta.
A U.S. market regulator is for now dropping insider trading cases against three Swiss asset managers, despite accusations that two of the defendants improperly thwarted its investigation, including by throwing out a BlackBerry.
International business opportunities and trends depend on several broad factors: the economic growth of these countries, the ease of doing business there and the friendliness of their trade policies.
Europe gave Greece until Wednesday to convince skeptical international creditors that it would stick to the punishing terms of a multi-billion-euro rescue package, endorsed by parliament as rioters torched downtown Athens.
Republican leaders in the House of Representatives, in an about face, proposed on Monday extending a payroll tax cut for 160 million workers without offsetting spending cuts.
The White House on Monday proposed big budget boosts for U.S. financial market regulators, which are months behind in finalizing Dodd-Frank reforms and are under pressure to more vigorously police markets in the wake of the 2007-2009 financial crisis.
Barrick Gold Corp. (NYSE:ABX), the world's largest gold producer, is expected to report an increase in 2011 earnings on strong gold prices and controlled costs.
Ratings agencies Fitch lowered its ratings on four big Spanish banks while Standard & Poor's cut its rating for the industry as a whole on Monday following recent sovereign downgrades and on concerns of funding difficulties and a weak economy.
General Electric Chief Executive Jeffrey Immelt on Monday defended the U.S. Export-Import Bank against charges the export-facilitating lender is corporate welfare and should be shut down.
Facebook diminishes shareholder rights with its dual-class share structure and limits the accountability of its board of directors to investors, proxy advisory group Institutional Shareholder Services said on Monday.
Stocks rose on Monday, led by bank shares after Greece's parliament approved reforms needed to qualify for a cash disbursement and avoid an unruly default.
Stocks extended gains on Monday, with the Nasdaq rising one percent on strength in large-cap tech shares.
Two former Bear Stearns fund managers, who were acquitted of criminal charges over the demise of their mortgage-laden hedge funds, agreed on Monday to pay more than $1 million to resolve a civil lawsuit brought by market regulators.
There is another element to this ongoing drama – Greece’s resentment of Western Europe and the feeling that Greeks don’t feel like they are a part of Europe.
A long, standing ovation greeted Italy's Mario Monti when he entered the packed Card Room on the seventh floor of the New York Stock Exchange last week.
Financial market regulators, months behind in writing rules to implement the Dodd-Frank reforms and under pressure to probe the collapse of broker MF Global more vigorously, would get a big budget boost in the coming fiscal year from the spending plan that the White House proposed on Monday.
Valentine's Day is seen as a vulgar, foreign intrusion by many in India.
Gold traders in India, the world's biggest buyer, stayed on the sidelines as a rebound in the rupee raised hopes of prices dropping further after the yellow metal extended losses for the third day in a row, analysts said.
