The Indian division of the U.S.-based Citibank Tuesday reported a 35 percent rise in its net profit in 2011-2012 fiscal year, driven by robust growth in their corporate and retail banking and mortgage businesses, the bank said in a statement.
Though China's services activity grew in June, it declined to a ten-month low, according to the HSBC Purchasing Managers' Index (PMI) released Wednesday.
Our teachers need your help, especially when this economy is so uncertain.
Fat cat Wall Street executives continue to donate to the Obama campaign, despite political conflicts between the financial industry and the White House.
The Kurils are a chain of islands four thousand miles from Moscow, with horrible weather and a sparse, poor population. But they are on Japan's doorstep, and promise mineral and natural riches - and that's why Prime minister Medvedev is there
The refineries are aimed at replacing Nigeria's decaying refining infrastructure, which has turned the country into a net importer.
China's services sector expanded at its fastest pace in three months in June, an official survey showed on Tuesday, but left intact market expectations that Beijing will deliver more policy measures to support growth in the near future.
Asian shares inched up on Tuesday as manufacturing data around the world highlighted the drag on growth from the protracted euro zone debt crisis, raising expectations for the Federal Reserve to take further steps to underpin the fragile economy.
So just who is Mr Agius, and how did he get to the very top of Britain's banking tree?
The Institutional Revolutionary Party is back in power, with a fresh face. Now it must convince observers that it has abandoned its old, corrupt ways.
One hundred years after former President Teddy Roosevelt first proposed it, the United States -- the richest nation on earth -- has finally joined the world?s other, major, industrialized economies in having a universal health insurance plan.
The Fragrant Harbor was passed from British to Chinese sovereignty on July 1, 1997. Today, it's still torn between its Western-style freedoms and the Beijing model.
Reports indicate that Argentina's president is planning to nationalize gambling, one of the country's most treasured pastimes. It's unclear whether this step would be good or bad for the average gambler. But it holds nothing but trouble for Argentina's economy.
In a memo sent to all 32 NFL teams Goodell laid out the groundwork for a potential move to Los Angeles.
India's current account deficit deteriorated to a record high of 4.5 percent of the GDP or $21.7 billion - a level seen for the first time in 20 years - for the quarter ending March 2012, data released by the Reserve Bank of India show.
The Bank of England (BoE) is cracking down on large financial institutions to prevent them from cheating businesses and consumers worldwide -- a practice that has put a $360 trillion global financial market at serious risk for several years.
The Institutional Revolutionary Party is poised to retake power on Sunday after a decade out of power, led by the charismatic presidential candidate Enrique Peña Nieto. Would a change mean a much different relationship with Mexico's big neighbor to the north?
The revelations would be particularly embarrassing to a Communist leadership seeking to stamp out government corruption.
Bernard Madoff?s brother Peter finally peladed guilty Friday to conspiracy to commit a single count of securities fraud and another of falsifying records.
With their only pick in the 2012 NBA Draft, the New York Knicks took Kostas Papanikolaou from Greece.
Shares of BlackBerry developer Research in Motion (Nasdaq: RIMM) fell nearly 20 percent after announcing a first-quarter loss of $518 million and a further delay in shipping the next-generation BlackBerry 10.
European leaders established Friday a set of measures to address the euro zone debt crisis, including an agreement to allow some rescue funds to be sent directly to struggling banks instead of adding to the public debt of reeling economies.
