China's attempt to manage inflation in the real estate market is putting pressure on local governments and pushing homebuyers overseas.
For the third time in a mere two weeks, the motorcade of Zimbabwe President Robert Mugabe has been involved in a fatal accident. Who is to blame?
Housing starts fell 4.8 percent in May to an annual rate of 708,000, but building permits climbed 7.9 percent to the highest level in nearly four years, the U.S. Commerce Department said Tuesday. Economists surveyed by Reuters had forecast a reading of 720,000.
A month after the $16 billion mammoth but botched initial public offering of Facebook (Nasdaq: FB), the No. 1 social networking site, the ice may be breaking for technology companies.
Refuting Taliban's claims that New Delhi rejected the U.S. call for greater engagement in Afghanistan, Washington praised India's huge role in Afghanistan while Pentagon said that the Secretary of Defense Leon Panetta's recent visit to India was very successful.
Stock markets in China and Hong Kong declined Tuesday as renewed concerns over Spain's financial woes offset optimism over the Greek election results.
The top after-market NYSE gainers Monday were: Dana Holding, Alliant Techsystems, Yingli Green Energy Holding, Celanese and Fusion-io. The top after-market NYSE losers were: J.C. Penney, IHS Inc, Western Gas Partners, HCP and Boise Inc.
A new report shows that the Ethiopian government, caught up in an ambitious, nationwide agricultural overhaul, is facilitating the mistreatment and forced relocation of small-scale farmers in Omo Valley.
The surprise decision Monday by the Reserve Bank of India to hold its interest rate steady because of inflation concerns puts fresh pressure on the ruling Congress Party to find a fiscal solution to the country's flagging economy.
Australia's Fairfax Media, which publishes the Sydney Morning Herald, announced that it will cut 1,900 jobs over the next three years in an effort to keep the company afloat amid falling revenues as the journalism industry increasingly shifts online.
Indian markets fell Monday after the Reserve Bank of India (RBI) announced that the key rates would remain unchanged.
Ultra Petroleum, Gentex Corp, Groupon, Peabody Energy, Nokia, AK Steel Holding, Goodrich Petroleum, Facebook and Coca-Cola Co. are among the companies whose shares are moving in pre-market trading Monday.
The Reserve Bank of India disappointed the industry as it left the repo rate and cash reserve ratio unchanged at 8 percent and 4.75 percent, respectively, in its mid-quarter policy review Monday. The reverse repo rate, at which banks lend money to the RBI, also remains unchanged at 7 percent.
Notwithstanding India's strong opposition to the Taliban, the religious extremist group Sunday praised New Delhi for resisting the U.S. call for greater involvement in Afghanistan.
Stock markets in China and Hong Kong gained Monday as sentiment was buoyed after the news that pro-bailout parties in Greece gained sufficient votes to form a government.
Papandreou believes that given enough time, the Greeks would be able to adhere to bailout terms.
With French President Francois Hollande's Socialist Party appearing likely to cement its hold on the country's government in elections on Sunday, the Journal du Dimanche has reported that France wants the European Union to agree on growth-boosting measures worth ?120 billion ($151 billion) this year.
In the weeks leading to the Barrett-Jackson Auction Co.'s collector car auction in Orange County, Calif., a new group of people appears to be joining aging-vehicle aficionados in paying attention to this annual event, as an increasing number of investors are turning to older vehicles as the latest safe havens for their money.
A euro-area breakup might appear to be inevitable at this point. But, instead of Greece being pushed out the door, analysts say an outside-the-box solution to the euro zone's sovereign-debt problem would be for Germany to voluntarily withdraw from the euro and reinstall the Deutsche mark.
As the U.S. Senate grapples with how to allocate about $100 billion a year for the next decade on food policy, one subsection of the farm bill is under attack, namely, the $200 million U.S. taxpayers spend every year to subsidize the marketing of well-established brands found in virtually every American pantry.
Italian Prime Minister Mario Monti has made growth and cutting the size and weight of the state his top priority.
Details of the fate of bankrupt Swedish carmaker Saab Automobile AB continue to emerge following the June 7 news that the company had been purchased by a Sino-Japanese joint venture National Electric Vehicle Sweden AB, or NEVS. NEVS plans to use Saab to produce electric cars, the consortium announced Friday.
