Asian stock markets face the week with sentiment leaning negative as economic news, particularly from China, is likely to disappoint investors.
What do you do with an abandoned Wal-Mart in the middle of a sea of concrete? Turn it into an award-winning library and community center, of course.
China's announcement of the unexpected interest rate cut this week has given an indication to market players that policymakers are increasingly rattled by the state of the economy.
As the gap between America's middle class and the wealthiest 1 percent has widened, luxury retailers and discounters continue to grow, while midprice brands are finding it difficult to compete.
Amazon.com Inc. (Nasdaq: AMZN), the No. 1 e-retailer, could be on the verge of selling its own smartphones which would be made by the same Taiwanese contractor used by Apple (Nasdaq: AAPL), the world's most valuable technology company, reports said.
The smartphone phenomenon has found its latest suitor in Amazon. Following the footsteps of Apple, mobile handset manufacturers, including giants such as Nokia, Samsung and HTC, forayed into the high technology market and witnessed significant change of fortunes. Now, the segment has attracted a new contender with Amazon's reported entry into the market.
The owner of the New York Stock Exchange, whose share of trading in companies it lists has fallen in the last nine years to below 25 percent from 82 percent, received approval from U.S. regulators to offer similar services to rivals who are taking its customers.
Earnings season for the second quarter is almost here, with America's biggest aluminum producer, Alcoa Inc., announcing its results on Monday and JPMorgan Chase & Co. disclosing a portion of its total derivatives-trading losses on Friday the 13th.
Consumers, spooked by months of sluggish hiring and a global slowdown, pulled back on spending in June, which took a toll on top U.S. retailers' sales.
Asian stock markets declined Thursday as market participants remained cautious ahead of the European Central Bank (ECB) and Bank of England's (BOE) policy decision meetings later in the day.
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.
Two of real estate's biggest landlords are gearing up for more acquisitions in moves that could help stabilize local housing markets.
The Italian bond market rallied on Tuesday as optimism among investors grew in anticipation of further growth measures from European leaders following the EU summit last week.
The U.S. Food and Drug Administration (FDA) approved its first over-the-counter HIV test -- known as OraQuick -- which produces results in about 20 minutes.
The government says it's taking shark fin off the state menu, but the rest of the country still hasn't lost its taste for the delicacy.
Only 8 of 100 top U.S. retailers have maintained double-digit sales growth for the previous two years, during a time of jobless recovery and staggered consumer confidence. And the winners are. . .
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.
Unbeknownst to the 54-year-old Kentucky resident, gambler and accused grand theft shoplifter, just a short walk away from the New Orleans casino he was sitting in recently was a veritable who's who of anti-theft officials for some of the largest retail chains in the country.
The evolving scandal, according to King, illustrated the need to separate the retail from invest banking.
The top after-market Nasdaq gainers Thursday were Smith & Wesson Holding Corporation, Lincare Holdings Inc, Fushi Copperweld Inc, Synta Pharmaceuticals Corp and Amtech Systems Inc. The top after-market Nasdaq losers were: Research in Motion Limited, Cree Inc, Seattle Genetics Inc, The Finish Line Inc and Ascena Retail Group Inc.
After the Supreme Court health care decision, the National Retail Federation, the world's largest advocate for merchandisers, said Thursday the law is too complicated and difficult for businesses to implement and administer.
Asian stock markets mostly advanced Thursday as better-than-expected economic data from the US buoyed sentiment, but gains were capped as investors are being cautious ahead of the EU summit later in the day.
