India will allow individual foreign investors direct access to its stock market from January 15, the government said on Sunday, the latest step to liberalize Asia's third-largest economy after a year of big losses on the benchmark Sensex index.
It's up to the consumer to drive the U.S. economy and lift world growth in 2012, and the outlook is far from encouraging.
The United States will remain the top choice of most global commercial real estate investors in 2012, but the country has lost ground to Brazil which ranked No. 2 this year, according to a survey released Sunday.
China's big manufacturers narrowly avoided a contraction in December a survey showed on Sunday, but downward risks persist and suggest the world's second's second-largest economy will need fresh policy support to counter a slowdown in growth.
The Indian economy and the stock markets for the whole of 2011 was bad. One has to forget 2011 and gear up for a challenging new year 2012.
So, why would Philadelphia's story be so much worse than other similarly troubled metropolises?
The euro could become the world's leading currency in the next decade if leaders of the single-currency bloc succeed in tightening fiscal integration, European Central Bank policymaker Christian Noyer said in an article to be published in the Journal du Dimanche.
Switzerland and the United States need more time to negotiate a tax deal, Swiss finance minister Eveline Widmer-Schlumpf told Swiss radio on Saturday, as the United States pushes for it to supply information on bank clients who are alleged to have evaded taxes.
Reflecting the isolated nation's extreme paranoia about the outside world, North Korea is virtually an armed camp.
Gold rose 1 percent on Friday, rebounding from losses earlier this week that sent the market briefly into bear territory, and the metal sealed its 11th consecutive year of gains.
China's central bank governor argued in comments published on Saturday that Beijing does not control the yuan's flow across borders as tightly as some think and that it is natural for the currency's trading band to be widened over time.
Brazilian planemaker Embraer will sell its A-29 Super Tucano aircraft to the U.S. Air Force, in a firm-fixed price delivery order contract worth $355 million, the company said in a statement late on Friday.
Hackers affiliated with the Anonymous group published hundreds of thousands of email addresses belonging to subscribers of private intelligence analysis firm Strategic Forecasting Inc along with thousands of customer credit card numbers.
Verizon Wireless has reversed its decision to charge a $2 fee for telephone and online bill payments, bowing to a storm of criticism from consumers and the U.S. communications regulator.
Europe must cooperate more closely if it wants the euro to succeed as its shared currency, and it still has a long way to go to overcome its sovereign debt crisis, German Chancellor Angela Merkel said in her New Year's Eve address.
Whirlpool Corp on Friday accused two South Korean rivals, Samsung Electronics and LG Electronics , of dumping washing machines in the United States by selling them at substantially less than fair value.
Verizon Wireless has reversed its decision to charge a $2 fee for one-time telephone and online bill payments bowing to a storm of criticism from consumers and the U.S. communications regulator.
Walgreen Co said on Friday it will increase staffing at its call centers and offer discounts as it tries to hang on to customers once it stops filling prescriptions for Express Scripts Inc members on Sunday.
For the U.S. stock market, 2011 was a long wild ride to nowhere.
Gold's 20-day moving average falling below its 200-day and its brief foray into a bear market suggest momentum has turned bearish and a further pullback could be on its way.
Shaky Europe. Political gridlock. Volatile markets.
American International Group Inc's mortgage-insurance subsidiary plans to launch a product next month that will independently review and store loan paperwork for a fee, the latest attempt to cut down on the battles between banks and insurers over bad mortgage loans.
India’s relationship with North Korea seems rather strange -- however, from a purely geo-political strategic basis, perhaps it makes sense.
Verizon Wireless, which this month angered customers with three separate data service problems, said on Thursday it will add a $2 fee for one-time telephone and online bill payments.
U.S. stocks fell on Friday, the last trading day of a turbulent year, with the broad S&P 500 index on track to end 2011 barely changed from 2010's closing level.
Gold rose two percent on Friday in a rebound rally, boosted as the euro rose against the dollar and as investors covered short positions the session after the metal hit a six-month low and briefly entered bear-market territory.
Stocks were nearly unchanged on Friday, the last trading day of a turbulent year, but the S&P 500 looked set to end with a slight gain.
Wall Street's worries did little to stifle the movement of U.S. financial advisers switching firms in the last half of 2011, during which five adviser teams, each managing client assets of more than $1 billion, moved their books of business to a new firm.
A judge ordered the appointment of an examiner for the bankruptcy of Dynegy Holdings LLC, after a bond trustee said an investigation was needed to determine whether bondholders were being treated fairly.
Tom Adams, chief financial officer of cigarette-maker RAI Inc , will be keenly focused on the stock market on Friday, not with his company's share price in mind, but rather with the fate of his pension plan's portfolio.
