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China Approves Local Branches for Taiwan Banks

China has given approval to four Taiwanese banks to set up branches on the mainland, a major step toward financial cooperation

Electric Carmaker BYD Takes Stake in Tibet Lithium Mine

Chinese battery and autos maker BYD Co. said Friday it has agreed to buy an 18 percent stake in a Tibetan-based lithium and boron miner

Euro Slips on Weak Business Sentiment

The euro gave up some of its recent gains against the dollar Thursday as traders booked profits after a survey showed business sentiment

Asia Stocks Dip on U.S. Jobs Data, Strong Yen

Asian stock markets fell Friday after a jump in U.S. unemployment claims led to a disappointing day on Wall Street.

HSBC CEO to Leave After Losing Bid for Chairmanship

HSBC's chief executive has lost his bid to move up to chairman and will leave the bank by the end of the year, the Financial ...

German Business Mood Highest in 3 Years

German business confidence unexpectedly rose to its highest level in over three years in September as a stronger economy supported business

Japan Intervenes Again to Weaken Yen

Traders said the Bank of Japan intervened in the currency market to weaken the yen Friday for the second time in just over a week.

Jobless Claims Nudge Back Up to 465,000

The tally of newly laid-off workers requesting unemployment benefits rose last week for the first time in five weeks as the job market

Home Sales Rose to 2nd Lowest Level of Decade

Sales of previously occupied homes rose last month, but not enough to keep August from being the second-worst month for sales

Blockbuster Seeks Chapter 11 Protection

Troubled video-rental chain Blockbuster Inc. filed for Chapter 11 bankruptcy protection, and said it plans to keep stores and kiosks

France Hobbled by Strikes Over Retirement Age

French commuters squeezed onto limited trains or fought for rare parking spots Thursday as a second round of strikes against President Nicolas

Car Sales Surge Mostly on New Crossovers

New models and Labor Day promotions didn't do much to fire Americans' appetites for new cars in September.

Small Business Bill Set for Passage Amid Tepid Interest

A long-delayed bill to help struggling small businesses with easier credit and other incentives to expand and hire new workers is poised to clear

Philly Becomes Biggest U.S. City with Casino

Six years after the state Legislature legalized gambling, Philadelphia is set to become the largest U.S. city with a casino.

Michael Dell Flashes 7-Inch Android Tablet

Dell is working on a 7-inch tablet that runs Google's Inc.'s Android operating software.

Adobe Profits Soar but Cautious on Outlook

Adobe Systems Inc. posted a 69 percent jump in quarterly net income Tuesday but its shares tumbled after the software company said its revenue

Yuan Hits New High As Dollar Weakens

The yuan hit a new high of 6.6997 against the U.S. dollar on Tuesday, the highest level since June 19 when China pledged to make ...

CarMax Posts Higher Profits on Strong Used-Car Sales

Used car dealership chain CarMax says its fiscal second-quarter net income rose 4.8 percent as an uncertain economy continued to boost sales

Asia Stocks Gain in Thin Holiday Trading

Asian stock markets posted modest gains in holiday-thinned trade Wednesday after the Federal Reserve expressed concern about the flailing

China Buys a Third of Chesapeake's S. Tex Oil Field

China's state-owned offshore oil and gas company has bought a one-third interest in 600,000 acres that Chesapeake Energy leases in a South

France Begins Mass Strikes Over Pension Reforms

Workers tried to shut down France on Tuesday with strikes affecting airports, public transportation, schools and the postal service in a showdown

Icahn Tries to Fold MGM into Lions Gate

Lions Gate is offering to combine its business with MGM in a deal supported by billionaire investor Carl Icahn, who owns stakes in both studios.

Stocks Fall As China Seeks to Slow Lending

Stock futures dropped Tuesday following reports that China is again forcing banks to hold more reserves to slow lending.

IBM Shares Hit All-Time High Monday

IBM shares hit an all-time high Monday. The stock rode a slight market upswing, climbing as high as $139.88 before slipping back to $139.73 in ...

Microsoft Stakes Wireless Future on Cell Phone Software

Microsoft Corp. knows the cell phone world is where it's happening, and it's determined to be a part of it.

World Stocks Stay Up on Fed Easing Hopes

Global stock markets rose Monday amid ongoing expectations that the Federal Reserve will decide to pump more money into the U.S. economy next month.

Stalled Foreclosures Could Derail Housing Recovery

Karl Case, the co-creator of a widely watched housing market index, was upbeat three weeks ago. Mulling the economy while at a meeting at a ...

Virgin Galactic Makes First Solo Glide Flight

Virgin Galactic's space tourism rocket SpaceShipTwo achieved its first solo glide flight Sunday, marking another step in the company's eventual plans

Fed Rate Setter Dampens Market Hopes

World markets fell Tuesday after a leading U.S. rate-setter dampened expectations that the Federal Reserve is preparing a massive monetary stimulus

Google Tests Self-Driving Cars on Calif. Roads

Google Inc. is road-testing cars that steer, stop and start without a human driver, the company says.

China Signals Gradual Rise in Yuan Value

The head of China's central bank says he agrees that appreciation of his country's currency should accelerate but repeated Beijing's insistence

China Oil Co Signs Big Gas Deal with French Utility

Chinese offshore oil and gas company CNOOC agreed Saturday to buy 2.6 million tons of liquefied natural gas from French utility GDF Suez SA.

Wholesale Buying, Inventories Rise

Businesses have been restocking store shelves since the recession ended, a sign that they expect the economic recovery to continue.

95,000 Jobs Lost in Sept on Massive Gov't Layoffs

A wave of government layoffs in September outpaced weak hiring in the private sector, pushing down the nation's payrolls by a net total of 95,000 ...

China Launches Quest for Domestic Potash Sources

China has launched a search for domestic sources of potash to ensure stable supplies of the mineral used in fertilizer, a state news agency said ...

Honda Fit Hybrid Goes on Sale in Japan

Honda's new hybrid Fit subcompact went on sale in Japan on Friday as the automaker expands its green car lineup that already includes the Insight

PayPal iPhone App Allows Check Deposits

Betting you wouldn't trek to your bank or the closest ATM if you didn't have to, PayPal has added a feature to its free iPhone ...

Burberry to Expand Stores 25% on Strong Profits

Luxury goods company Burberry Group says sales rose by 17 percent in the first half of its financial year, and it expects a full-year profit ...

Trade Deficit Surges As Businesses Restock

The U.S. trade deficit widened sharply in August, reflecting a surge in imports of consumer products as businesses restocked their shelves in hopes

Apple Set to Unveil Next Version of Mac OS X

Apple is inviting media to its Cupertino, Calif., headquarters for a Macintosh computer-related event on Oct. 20.

Dollar Hits 15-Year Low Against Yen

The dollar hit a fresh 15-year-low against the yen in Tokyo Thursday amid growing speculation that the Federal Reserve will ease monetary policy next month.

Asia Stocks Rise on Strong U.S. Earnings

Asian stock markets advanced in early trading Thursday, lifted by better-than-expected earnings results from U.S. corporate bellwethers

HTC G2 Impressive on T-Mobile's Faster Network

Two years ago, the Android invasion began when T-Mobile released the first smart phone running Google's Android operating system, HTC's G1.

Microsoft, Alibaba Test New China Search Engine

Microsoft Corp. and Alibaba Group, China's biggest e-commerce site, are testing a search service, adding a new competitor to a crowded Chinese

World Stocks Rise on Surging Intel Sales

World stocks rallied Wednesday after the Federal Reserve cemented expectations it will further boost the faltering U.S. economy at its next rate-setting

Eurozone Industrial Output Rises 1%

Industrial output in the 16 countries that use the euro rose by a monthly 1 percent in August, official figures showed Wednesday, easing concerns

New Jersey Fund Encourage Green Technology Projects

China Sept. Trade Surplus Shrinks to $16.9 Bil.

China's September trade surplus stayed high at $16.9 billion amid pressure from Washington and others to ease currency controls they blame

Strong Intel Sales, Profits Augur Well for PC Sales

Intel Corp. offered an encouraging sign Tuesday for what the computer industry might expect from the all-important holiday shopping season.

Weak Dollar Brings Pros, Cons for Consumers

The way investors have unloaded the U.S. dollar lately, you'd think it was kryptonite. It has fallen 10 percent against the euro in just three ...