Advisers to the prime minister issued a stern warning to the government on Friday on the need to rein in the country's fiscal and current account deficits to avoid the risk of a credit ratings downgrade to junk status.
Even at a time when paying for college has become a lifetime endeavor for the average Americans, having a college degree is still a worthwhile investment. Nearly four out of every five jobs destroyed by the recession were held by workers with a high school diploma or less.
34 miners have been killed and another 78 wounded during the Thursday clash between striking miners and police officers at a platinum mine.
The regime's newfound zeal for bilateral trade with China may reveal that new economic reforms are in the pipeline. But it also risks letting more North Koreans see that things outside are way, way better
For more than a decade, there was a paradigm in financial markets that the yuan can only appreciate. Well, not any more.
In a world where personal and urban mobility is dominated by the bland dorkiness of the Segway, a 13 year old girl and her inventor father are hoping the RYNO Motors microcycle, a motorized unicycle, will revolutionize how mall cops, Arab sheiks and Hollywood's flush rising stars travel.
Nigerian President Goodluck Jonathan has plans to invest heavily in the country's future Olympians -- even though most of the population still lives in poverty.
China may have lost out in its mad dash to get the most gold at the London Olympics this summer, but the country is seemingly still running the race for gold where it counts, as it is currently in the process of bidding for a major African gold miner.
President Dilma Rousseff said the investment will include the laying of 6,200 miles of train tracks and building or widening 4,660 miles of federal highways.
Crowd funding is relatively new even in the West, but it's taking hold in Africa. It could even solve a chronic problem on the continent: How to get money to startups that need capital
The demand for gold fell to its lowest level in two years in the second quarter of 2012, as the price rise along with the economic slowdown has deterred major consumers India and China from buying the yellow metal, the World Gold Council said on Thursday.
JPMorgan Chase & Co. (NYSE: JPM)'s multibillion-dollar "London Whale" trading mess sent some well-known money managers running for the exit, but new regulatory filings show that several big hedge-fund players loaded up on JPMorgan as they saw the stock's 22 percent drop in the second quarter as a buying opportunity.
Recent massacres where gunmen shot up public gatherings had Americans scrambling to buy more guns, so much so that Wall Street analysts are seeing little positive upside for gun manufacturers.
Ikea, the Swedish store known for its affordable DIY home furnishing, is branching into a new arena: the hotel business.
Apple’s iPhone 5 is rumored for a Sept.21 release date, and the Internet has not stopped buzzing about potential features, alleged leaks and speculation. Although it is nearly certain that the upcoming iPhone 5 will support 4G LTE connectivity, there is now more evidence to back up this claim.
India's Prime Minister Manmohan Singh Wednesday said that the country was unable to create an environment for rapid economic growth due to lack of political consensus and promised to work hard to shield the country from the effects of global economic slowdown.
The Carlyle Group (Nasdaq: CG), a global asset manager, and Getty Images management said Wednesday they formed a partnership to acquire privately held Getty Images Inc. from Hellman & Friedman for $3.3 billion.
Chelsea Clinton, daughter of former President Bill Clinton and current Secretary of State Hillary Clinton, has finally announced her plans for running for elected office.
India Wednesday celebrated its 66th Independence Day with gaiety and fervor. The celebrations were held in offices, colleges and schools across the country with cultural programs.
Some of the China's largest solar manufacturers are facing huge debt liabilities, and one of them, Suntech Power Holdings [STP.N], is potentially on the hook for hundreds of millions of dollars after it disclosed potential fraud by a partner.
Bankrupt imaging giant Eastman Kodak Co. (Pink: EKDKQ) said it extended the auction for its 1,100 patent portfolio beyond Monday’s deadline because it was talking to rival bidders. Citing “a complex and dynamic process,” the company didn’t disclose more information.
Archstone, the largest private U.S. residential landlord, will benefit from a strong urban portfolio and experienced management team as it prepares to go public for the second time, said analysts.
