IBT Staff Reporter

Three years after China launched its most ambitious experiment yet to give its currency more global clout, some market watchers are writing its epitaph, saying Beijing is not loosening its grip on the yuan fast enough to attract sustained interest.

At the New Jersey church where her singing career first took flight, fans and admirers gathered on Sunday to celebrate the life of Whitney Houston and mourn her passing a day after she died in a Beverly Hills hotel.

Whitney Houston, the pop singer, has died on the eve of the Grammy awards.

The L.A. County Coroner's Office on late Sunday ruled out foul play in the death of singer Whitney Houston.

The Grammy Awards must have had no idea how lucky they were to choose LL Cool J as their host -- the rapper-actor struck exactly the right tone as the ceremony tried to honor Whitney Houston without letting her death completely overshadow the ceremony.

Coroners on Sunday completed their autopsy on the body of singer Whitney Houston and confirmed that she was found in the bathtub of her Beverly Hills hotel room, but said the cause of death would not be determined until more lab tests were completed.

Greece's parliament approved a deeply unpopular austerity bill Monday to secure a second EU/IMF bailout and avoid national bankruptcy, as buildings burned across central Athens and violence spread around the country.

Prudential Financial Inc , the No.2 U.S. life insurer, has hired Bank of America Merrill Lynch to advise on its possible bid for ING Groep NV's Asian insurance operations, South Korean media reported, in what is potentially Asia's second-biggest insurance sale ever.

China will start to fine-tune its economic policies in the first quarter, Premier Wen Jiabao said in remarks published by state media Monday, the most explicit indication yet of further monetary policy easing.

China will start to fine-tune its economic policies in the first quarter, Premier Wen Jiabao said in remarks published by state media Monday, the most explicit indication yet of further monetary policy easing.

Japan's economy shrank a bigger-than-expected 0.6 percent in October-December, hurt by slowing global growth, Thai floods and a strong yen, casting doubt about expectations that growth will resume this quarter as Europe's debt crisis clouds the outlook.

China has instructed its banks to embark on a huge roll-over of loans to local governments, the Financial Times reported, aiming to give itself more time to deal with a debt hangover from the global financial crisis.

The morning after Clive Davis' Grammy party turned into a celebratory tribute, details surrounding the death of Whitney Houston began to emerge.

When they saw the house on El Dorado Drive in this Los Angeles suburb being painted a startling orange and green and giant billboards hung on the outside, Scott and Beth Hostetler's neighbors were initially angry and confused. Some even considered calling the police.

Despite a mediocre earnings season and signs of an overbought market, Wall Street bulls are likely to remain in control this week.

When they saw the house on El Dorado Drive in this Los Angeles suburb being painted a startling orange and green and giant billboards hung on the outside, Scott and Beth Hostetler's neighbors were initially angry and confused. Some even considered calling the police.

Coming off a year in which U.S. toy sales fell 2 percent, toymakers and buyers at the 109th American Toy Fair in New York are looking for the elusive runaway hit that failed to materialize in 2011.

China is half a world away from the 2,300-acre family farm in east-central Iowa where John Weber and his son plant corn and soybeans.

The average price for a gallon of gasoline in the United States rose nearly 12 cents in the past three weeks to about $3.51, due in part to higher prices for North Sea crude oil, according to the nationwide Lundberg Survey.

The average price for a gallon of gasoline in the United States rose nearly 12 cents in the past three weeks to about $3.51, due in part to higher prices for North Sea crude oil, according to the nationwide Lundberg Survey.

Tom Storrs, who set a small North Carolina bank on the path to becoming one of the largest U.S. financial institutions, died Friday at age 93.

Tom Storrs, who set a small North Carolina bank on the path to becoming one of the largest U.S. financial institutions, died Friday at age 93.

Despite a mediocre earnings season and signs of an overbought market, Wall Street bulls are likely to remain in control this week.

A number of top Federal Reserve officials likely saw a need for additional monetary easing at the central bank's meeting last month, although there are few signals the central bank will move soon.

Greek lawmakers looked set to endorse a new austerity deal on Sunday to secure an EU/IMF bailout and avoid national bankruptcy, defying public rage and protesters who fought pitched battles with riot police outside parliament.

Music producer Clive Davis's pre-Grammy party is typically one of the most fun-filled highlights of the week leading to the music industry's top awards, but this year's event quickly turned into a tribute for Whitney Houston, who died earlier in the day.

Greek promises on austerity measures are no longer good enough because so many vows have been broken and the country that has been a bottomless pit has to dramatically change its ways, German Finance Minister Wolfgang Schaeuble said.

Whitney Houston’s death Saturday at the age of 48 inspired an outpouring of shock and grief on Twitter.

Dolly Parton paid tribute to Whitney Houston, the deceased pop diva who catapulted her song “I Will Always Love You” to a global phenomenon, by citing the ballad they both made famous.