China's cooling property market could shave more than 2 percentage points off 2012 growth, forcing Beijing to decide just how badly it wants to keep the economy expanding at more than 8 percent a year.
India's bullion traders stayed away from placing fresh orders after a nearly 90 percent hike in gold import duty was announced earlier this week, while China's gold purchases slowed down ahead of the Lunar New Year holiday.
Accel Partners and SplitRock Partners have invested $52.5 million in backup software company Code 42, underscoring venture capital's continued fascination with anything related to the burgeoning field of Big Data.
China's new home prices fell in December from November, a third straight month of declines, and analysts expect prices will fall further as Beijing sticks to its tightening campaign against the once-hot real estate market.
Yahoo Inc co-founder Jerry Yang has quit the company he started in 1995, appeasing shareholders who had blasted the Internet pioneer for pursuing an ineffective personal vision and impeding investment deals that could have transformed the struggling company.
The Federal Reserve's latest push toward increased transparency has so far done more to muddle the outlook for interest rates than clarify it.
Yahoo Inc co-founder Jerry Yang, who started the company in 1995, has quit the board of the struggling Internet company.
Global audit and consulting firm Ernst & Young has named Mark Weinberger, a longtime Washington insider, as its next chairman and chief executive, a signal that connections in the U.S. capital may be growing in importance to a profession facing greater scrutiny.
David Kotz, the tough internal watchdog at the Securities and Exchange Commission, is leaving the agency at the end of January to join a private investigative service.
Gold prices could rise to $2,000 an ounce in 2012, according to the predictions of the latest Thomson Reuters GFMS survey and GFMS Ltd's CEO Philip Klapwijk.
Stocks advanced on Tuesday, pushing the S&P 500 to its highest since early August, but sharply pared gains late in the session as Citigroup's steep drop in profit gave investors a reason to unload bank shares.
The European debt crisis interrupted the plans of Citigroup Inc Chief Executive Vikram Pandit to rebuild the bank, which reported an 11 percent drop in quarterly profit and disappointed Wall Street amid lackluster investment banking and trading business.
TD Ameritrade Holding Corp posted a 5 percent increase in quarterly profits on Tuesday as higher fees from deposit accounts and investment products helped offset a drop in trading levels toward the end of the period as investors withdrew from the choppy markets.
- Cree Inc, a maker of LED lighting, reported a lower-than-expected quarterly profit and also gave a forecast for the current period that fell short of analysts' estimates, sending its shares down more than 5 percent.
The new price average for gold is expected at $1,640 per troy ounce by the end of the first half of 2012, according to Thompson Reuter's GFMS most recent report on the yellow metal.
Hedge funds holding Greek bonds that mature in March may have the strongest hand in the critical negotiations to restructure the cash-strapped country's debt.
Stocks sold off late in the session to end with modest gains on Tuesday as Citigroup's steep drop in profit gave investors a reason to unload bank shares.
Symantec Corp said a 2006 breach led to the theft of the source code to its flagship Norton security software, reversing its previous position that it had not been hacked.
David Kotz, the inspector general at the Securities and Exchange Commission who has a reputation as a tough watchdog, is leaving the agency at the end of January, the SEC said on Tuesday.
Natural gas prices have plunged below $3 per million Btus (MMBtu) largely due to increased supply from new drilling techniques.
Shares of Research In Motion jumped more than 10 percent on Tuesday after a tech blog said the BlackBerry maker was actively seeking to sell itself to South Korean smartphone rival Samsung Electronics.
Shares of Research In Motion jumped more than 8 percent on Tuesday after a tech blog said the BlackBerry maker was actively seeking to sell itself to South Korean smartphone rival Samsung Electronics.
Shares of Research In Motion jumped more than 8 percent on Tuesday after a tech blog said the BlackBerry maker was actively seeking to sell itself to South Korean smartphone rival Samsung Electronics.
Bank regulators on Tuesday voted to release a proposal for how banks with more than $10 billion in assets should conduct stress tests annually to determine whether they can withstand a financial shock.
Wells Fargo & Co on Tuesday beat Wall Street estimates with a 20 percent increase in fourth-quarter profit, boosted by continued loan growth and improving credit quality.
The shares and options of Sears Holdings Corp rose on Tuesday on speculation the operator of Sears department stores and the Kmart discount chain could go private.
Symantec Corp, the world's biggest maker of antivirus software, said that hackers breached its networks in 2006, stealing source code to its flagship security programs and three other products.
The sinking of the Costa Concordia cruise ship will be followed by months of litigation, with families of victims, wounded passengers and crew members sure to file suit against Carnival. What is the legal precedent for the maritime case?
U.S. stocks gained on Tuesday as brighter sentiment about China's growth prospects overshadowed Europe's recent credit downgrades and a mixed bag of big bank earnings.
Russian internet company Mail.ru has launched its answer to U.S. microblogging site Twitter, seeking to expand its business into social instant messaging and emulate the success of China's Weibo.
