Lumber prices have lost a third of their value since January amid a cooling U.S. housing sector, and a softwood trade deal between the United States and Canada won't stem the slide soon because implementation may be delayed.
British Airways, Europe's third largest airline, said on Friday its pension deficit had risen to 2.1 billion pounds following a new actuarial valuation.
China is quietly adjusting its policy on the yuan, letting it appreciate a little faster and setting the stage for a possibly wider trading band, traders and analysts said after a recent surge in the currency's value.
Hong Kong's foreign-exchange market can leverage its strengths to become an international centre, Monetary Authority Chief Executive Joseph Yam says.
Auto giant DaimlerChrysler AG is in detailed discussions with China's Chery Automobile to make cars for sale in the United States and other markets and could finalize the deal soon, sources said on Friday. Most funding would be from DaimlerChrysler with U.S. models labeled as Chrysler.
Oil steadied above $62 on Friday as burgeoning U.S. inventories and slower-than-expected economic growth balanced possible action from some OPEC producers to trim output to halt the decline in prices.
BlackBerry maker Research In Motion Ltd. breezed past investor and analyst expectations in delivering its second-quarter results on Thursday and forecast strong growth in subscribers for the future......
Lenovo Group Ltd, the 3rd largest personal computer maker in the world, become a new member of pc makers annoyed by the problem......
Miners are 'staggeringly cheap' after share prices dropped while metals prices stayed strong, and some of their earnings may beat expectations
Soft drinks company Britvic said on Friday its full year results would be towards the top end of market expectations after favourable summer trading aided by hot weather and the World Cup.
The government hopes legislation banning age discrimination in the workplace from this weekend will also change cultural attitudes
Kazakh state oil and gas firm KazMunaiGas's exploration and production unit priced its IPO at $14.64 per global depository receipt on Friday
Consumers waste almost 2 billion pounds per year on rarely used labour saving gadgets and now have almost 80 million white elephants in their homes.
Investing in football club equities was once the domain of the staunch supporter, interested more in hanging a share certificate on the wall than making money.
The part of capital in market began to flow into power shares in recent two days as the China Life Insurance perform ordinary.
The FTSE 100 index is seen opening 2 points higher on Friday, financial bookmakers said, after the index ended up 0.69 percent at 5,9871.3 points in the previous session.
Man Group, the world's largest listed hedge fund firm, said it expected fee income and earnings per share to have risen by about a third in the six months to the end of September
An expanding pool of workers means the economy can grow faster than the government assumes without fuelling inflation, according to an influential think tank.
Aegis Group has won the pan European media buying and planning account for General Motors, the world's second largest spender on advertising behind Procter & Gamble
The pace of U.S. economic growth softened more sharply than expected in the second quarter and corporate profits rose feebly......
Spain will increase its efforts to cooperate with developing Latin American countries on trade issues, after signing an agreement with the United Nations on Thursday.
A top U.N. trade official said suspended World Trade Organization trade talks hurt the poor and that it was imperative that they resume in order to avert a resurgence in protectionism.
China Central Huijin, owning more than HK$1,000 billion in three Chinese asset banks in Hong Kong, plan to open an account of company's investors in Hong Kong Stock Exchange & Clearing (HKex)'s subsidary - Central Clearing.
Mortgage war among local banks might upgrade following the lastest moves in polices of mortgage rate between HSBC and BOC(HK).
The central parity rate of the Renminbi (RMB) yestoday broke 7.9 mark against US dollar, closing at 7.8998 yuan, more and more approaching the level......
Australian Pharmaceutical Industries Ltd board members copped a barrage of criticism from shareholders at the pharmacy retailer's annual general meeting on Thursday.
A cooling housing market helped slow US economic growth in the second quarter more than earlier estimated, the government reported on Thursday, and may curb expansion for the rest of the year.
The resource boom is causing demand for executives to reach record levels, and could trigger an executive skills shortage and higher executive wages, new research shows.
National Australia Bank's (NAB) head of retail operations says the bank is considering setting up shop in smaller retail outlets as it looks to diversify its customer facing channels.
Industry superannuation funds were the best performers in the last quarter as total super assets rose by 1.3 per cent to $913.9 billion.
