Oil Prices Rally on Rising Recovery Hopes
Oil prices hovered near $77 a barrel Wednesday in Asia as a rally fueled by a stock market surge and a stronger euro pauses.
Business
US Stocks See Broad Gains As Industrials, Tech Climb
Industrial and technology stocks pulled the market sharply higher Tuesday after Boeing Co. said it was boosting
T-Mobile Gives Free HTC Slides Ahead of iPhone G4
Wireless carrier T-Mobile plans to give free phones to customers who sign up for group calling plans at its retail stores on Saturday
China's Young Workers More Assertive with Rights
Younger workers now make up the majority of China's migrant labor force and are quicker to speak up when they feel their rights are being ...
Toyoda Bows Deeply to Angry Shareholders
Toyota Motor Corp. President Akio Toyoda bowed deeply and apologized to shareholders Thursday for the troubles caused by massive global recalls of the
Toyota Factory Remains Shut in Guangzhou
Toyota Motor Corp. says production at one of its main factories in China remains shut due to a strike, while Honda Motor Co. says operations ...
Auto Demands Sustain Japanese Export Expansion
Japan's exports expanded for a sixth straight month in May as brisk global demand for cars and high-tech products helped shore up a recovery
US Presses China to Open its Markets
The top U.S. trade official says China's decision to let its currency appreciate against the dollar was a good start, but China must do more ...
Greater Oil Demands Expected from China and India
World oil demand will grow faster than earlier expected through 2015 due to stronger economic growth, particularly in developing countries like China
Fed Expected to Keep Rates at Record Lows
To sustain the fragile economic rebound, the Federal Reserve is sure to leave interest rates at record lows
Strike Forces Honda to Halt China Production Again
Honda Motor Co., which has been repeatedly forced to suspend production in China due to strikes, again halted operations
German Auto Industry Returns to Boom Times
Germany's car industry, the backbone of Europe's largest economy, is booming again.
Honda China Supplier Strike Ends Amid Talks
A Honda Motor parts supplier in southern China was operating at full capacity on Tuesday as striking workers returned to their jobs
Russian President Seeks Silicon Valley Investment
When Russia's Dmitry Medvedev visits Silicon Valley for the first time this week, he will be both a wide-eyed kid in a candy shop and ...
Tokyo Raises Growth Forcast to 2.6 Percent
Japan's economy, the world's second largest, will expand at a faster pace in the current fiscal year than previously forecast as robust exports to Asia ...
Asian Stocks Down on Fitch Downgrade
Asian stock markets fell in early trading Tuesday on renewed concern over Europe's economic crisis after Fitch Ratings
Stocks Fall on Waning Faith in Yuan Impact
Stocks erased big gains Monday after investors lost some of their enthusiasm about China's decision to let its currency appreciate against the dollar.
Shenzhen Suicides Raise Questions About Foxconn Management
A group of Taiwanese scholars urged Foxconn Technology Group to end a rigid and "inhumane" management style at its mammoth factory compound in southern China.
CBS Joins India's TV Market in Venture with Reliance
A unit of CBS Corp. and Reliance Broadcast Network, a subsidiary of India's powerful Reliance-ADA Group, plan
China Redirects Pressure onto World Leaders
China followed through Monday on its pledge to allow greater flexibility in exchange rates, but said an appreciation in its currency alone
Asia Stocks Boosted by Agricultural Bank IPO News
World markets mostly rose Wednesday as investors cheered the news that a state-owned Chinese bank is readying a record-breaking initial public offering.
Jobless Claims Data Shows Much Better Jobs Market
The tally of laid-off workers continuing to claim jobless benefits fell by the largest amount in almost a year, suggesting that more unemployed workers
Foreclosure Rate Levels Off As Banks Wait
The foreclosure crisis appears to be leveling off.
AIG Struggles to Repay Government Bailout
A watchdog panel says it's still unclear whether U.S. taxpayers will ever fully recoup the $182 billion they plowed into American International Group Inc.
Bank of Korea Keeps Rate at Record Low
South Korea's central bank left its key interest rate at a record low Thursday as worries persist over the health of the global economy
Strong Growth in Japan Led by Exports to China
Japan's economy, the world's second biggest, expanded at faster pace than originally estimated in the first quarter
China Trade Surge Dispels Growth Fears
China's imports and exports both surged by nearly 50 percent in May over a year earlier in a positive sign for growth
Fed Survey Finds Modest Recovery Across Nation
For the first time since the beginning of the recession, economic growth — modest and fragile, but growth nonetheless — has spread to every corner
Wholesale Inventories, Sales Up in April
Inventories held by wholesalers rose for a fourth straight month in April while sales rose for a 13th consecutive time. Both gains were encouraging signs
Weaker Europe Demand Raises U.S. Trade Deficit
The U.S. trade deficit rose to the highest level in 16 months as exports fell for the second time in three months, a potentially worrisome ...
More Workers Quit Jobs As Economy Improves
One sign of better economic times is when more people start finding jobs. Another is when they feel confident enough to quit them.
Hyundai Resumes India Production Despite Strike
Hyundai Motor has resumed production in India despite an ongoing strike that forced the nation's top car exporter to halt production for two days
Honda Hit by 2nd China Parts Factory Strike
Workers at a second auto parts factory affiliated with Honda Motor Co. walked off the job Wednesday as a strike dragged on at the other ...
China's Agricultural Bank IPO May Be World's Biggest
China's stock regulator has approved Agricultural Bank of China's plans for an initial public offering in Shanghai and Hong Kong worth well over $20 billion
GM Recalls 1.5 Mil. Cars for Potential Fire Hazard
General Motors Co. said Tuesday it was recalling about 1.5 million vehicles worldwide to address a problem with a heated windshield wiper fluid
GM to Keep 900 More Dealers Than Planned
About 900 General Motors dealerships that the company had planned to cut loose appear to be getting a reprieve.
Protesters Picket Apple, Foxconn at HK Meeting
Protesters picketed Foxconn's annual general meeting in Hong Kong on Tuesday, accusing both the Apple Inc. supplier and computer giant of poor corporate
Asia Stocks Rise, Europe Falls
European stocks fell Tuesday, as investors worried that growth would be hurt by the region's sprawling debt crisis and spending cuts.
Google Gripes About Vietnam Internet Controls
Google Inc. says new Internet regulations in Vietnam raise disturbing concerns that the government may be working to block access
Asian Stocks Up Despite Wall Street Anxiety
Asian shares rose slightly Tuesday as skittish investors came back to the market despite a drop on Wall Street
Honda Strike Over In China With Some Concessions
A Honda Motor parts supplier in southern China was operating at full capacity on Tuesday as striking workers returned
Stocks Rise on Signs of Europe Growth
Stocks extended their rally to a third day Monday following signs that Europe's debt crisis isn't devastating the region's economy.
China Sports Companies Vie to Sponsor Global Stars
The newest sponsor of women's tennis is a half-billion dollar sporting goods maker that virtually no one outside of China has ever heard of.
S. Korea Limits Foreign Exchange Derivative Contracts
South Korea's financial authorities announced on Sunday measures to help stabilize the country's currency and financial system and limit damage
Foreign Investments in China Jump 27% in May
Foreign investment in China rose 27 percent in May from a year earlier to more than $8 billion, an official said Saturday.
Euro Down Again on Spain Bank Nationalization
The euro dropped sharply Monday after the weekend's de facto nationalization of a regional bank in Spain reignited fears about the continent's debt
India Wireless Auction Kicks Off Broadband Expansion
India's auction of wireless broadband spectrum has brought in a reported $8 billion in fees which could help plug India's fiscal deficit.
Calif. Farmer Succeeds with Gourmet Sushi Rice
Great sushi depends on rice that is just right — grains that are glossy and yielding after cooking, sticky with a touch of sweetness
Oil Prices Rally on Rising Recovery Hopes
Oil prices hovered near $77 a barrel Wednesday in Asia as a rally fueled by a stock market surge and a stronger euro pauses.
US Stocks See Broad Gains As Industrials, Tech Climb
Industrial and technology stocks pulled the market sharply higher Tuesday after Boeing Co. said it was boosting
T-Mobile Gives Free HTC Slides Ahead of iPhone G4
Wireless carrier T-Mobile plans to give free phones to customers who sign up for group calling plans at its retail stores on Saturday
China's Young Workers More Assertive with Rights
Younger workers now make up the majority of China's migrant labor force and are quicker to speak up when they feel their rights are being ...
Toyoda Bows Deeply to Angry Shareholders
Toyota Motor Corp. President Akio Toyoda bowed deeply and apologized to shareholders Thursday for the troubles caused by massive global recalls of the
Toyota Factory Remains Shut in Guangzhou
Toyota Motor Corp. says production at one of its main factories in China remains shut due to a strike, while Honda Motor Co. says operations ...
Auto Demands Sustain Japanese Export Expansion
Japan's exports expanded for a sixth straight month in May as brisk global demand for cars and high-tech products helped shore up a recovery
US Presses China to Open its Markets
The top U.S. trade official says China's decision to let its currency appreciate against the dollar was a good start, but China must do more ...
Greater Oil Demands Expected from China and India
World oil demand will grow faster than earlier expected through 2015 due to stronger economic growth, particularly in developing countries like China
Fed Expected to Keep Rates at Record Lows
To sustain the fragile economic rebound, the Federal Reserve is sure to leave interest rates at record lows
Strike Forces Honda to Halt China Production Again
Honda Motor Co., which has been repeatedly forced to suspend production in China due to strikes, again halted operations
German Auto Industry Returns to Boom Times
Germany's car industry, the backbone of Europe's largest economy, is booming again.
Honda China Supplier Strike Ends Amid Talks
A Honda Motor parts supplier in southern China was operating at full capacity on Tuesday as striking workers returned to their jobs
Russian President Seeks Silicon Valley Investment
When Russia's Dmitry Medvedev visits Silicon Valley for the first time this week, he will be both a wide-eyed kid in a candy shop and ...
Tokyo Raises Growth Forcast to 2.6 Percent
Japan's economy, the world's second largest, will expand at a faster pace in the current fiscal year than previously forecast as robust exports to Asia ...
Asian Stocks Down on Fitch Downgrade
Asian stock markets fell in early trading Tuesday on renewed concern over Europe's economic crisis after Fitch Ratings
Stocks Fall on Waning Faith in Yuan Impact
Stocks erased big gains Monday after investors lost some of their enthusiasm about China's decision to let its currency appreciate against the dollar.
Shenzhen Suicides Raise Questions About Foxconn Management
A group of Taiwanese scholars urged Foxconn Technology Group to end a rigid and "inhumane" management style at its mammoth factory compound in southern China.
CBS Joins India's TV Market in Venture with Reliance
A unit of CBS Corp. and Reliance Broadcast Network, a subsidiary of India's powerful Reliance-ADA Group, plan
China Redirects Pressure onto World Leaders
China followed through Monday on its pledge to allow greater flexibility in exchange rates, but said an appreciation in its currency alone
Asia Stocks Boosted by Agricultural Bank IPO News
World markets mostly rose Wednesday as investors cheered the news that a state-owned Chinese bank is readying a record-breaking initial public offering.
Jobless Claims Data Shows Much Better Jobs Market
The tally of laid-off workers continuing to claim jobless benefits fell by the largest amount in almost a year, suggesting that more unemployed workers
Foreclosure Rate Levels Off As Banks Wait
The foreclosure crisis appears to be leveling off.
AIG Struggles to Repay Government Bailout
A watchdog panel says it's still unclear whether U.S. taxpayers will ever fully recoup the $182 billion they plowed into American International Group Inc.
Bank of Korea Keeps Rate at Record Low
South Korea's central bank left its key interest rate at a record low Thursday as worries persist over the health of the global economy
Strong Growth in Japan Led by Exports to China
Japan's economy, the world's second biggest, expanded at faster pace than originally estimated in the first quarter
China Trade Surge Dispels Growth Fears
China's imports and exports both surged by nearly 50 percent in May over a year earlier in a positive sign for growth
Fed Survey Finds Modest Recovery Across Nation
For the first time since the beginning of the recession, economic growth — modest and fragile, but growth nonetheless — has spread to every corner
Wholesale Inventories, Sales Up in April
Inventories held by wholesalers rose for a fourth straight month in April while sales rose for a 13th consecutive time. Both gains were encouraging signs
Weaker Europe Demand Raises U.S. Trade Deficit
The U.S. trade deficit rose to the highest level in 16 months as exports fell for the second time in three months, a potentially worrisome ...
More Workers Quit Jobs As Economy Improves
One sign of better economic times is when more people start finding jobs. Another is when they feel confident enough to quit them.
Hyundai Resumes India Production Despite Strike
Hyundai Motor has resumed production in India despite an ongoing strike that forced the nation's top car exporter to halt production for two days
Honda Hit by 2nd China Parts Factory Strike
Workers at a second auto parts factory affiliated with Honda Motor Co. walked off the job Wednesday as a strike dragged on at the other ...
China's Agricultural Bank IPO May Be World's Biggest
China's stock regulator has approved Agricultural Bank of China's plans for an initial public offering in Shanghai and Hong Kong worth well over $20 billion
GM Recalls 1.5 Mil. Cars for Potential Fire Hazard
General Motors Co. said Tuesday it was recalling about 1.5 million vehicles worldwide to address a problem with a heated windshield wiper fluid
GM to Keep 900 More Dealers Than Planned
About 900 General Motors dealerships that the company had planned to cut loose appear to be getting a reprieve.
Protesters Picket Apple, Foxconn at HK Meeting
Protesters picketed Foxconn's annual general meeting in Hong Kong on Tuesday, accusing both the Apple Inc. supplier and computer giant of poor corporate
Asia Stocks Rise, Europe Falls
European stocks fell Tuesday, as investors worried that growth would be hurt by the region's sprawling debt crisis and spending cuts.
Google Gripes About Vietnam Internet Controls
Google Inc. says new Internet regulations in Vietnam raise disturbing concerns that the government may be working to block access
Asian Stocks Up Despite Wall Street Anxiety
Asian shares rose slightly Tuesday as skittish investors came back to the market despite a drop on Wall Street
Honda Strike Over In China With Some Concessions
A Honda Motor parts supplier in southern China was operating at full capacity on Tuesday as striking workers returned
Stocks Rise on Signs of Europe Growth
Stocks extended their rally to a third day Monday following signs that Europe's debt crisis isn't devastating the region's economy.
China Sports Companies Vie to Sponsor Global Stars
The newest sponsor of women's tennis is a half-billion dollar sporting goods maker that virtually no one outside of China has ever heard of.
S. Korea Limits Foreign Exchange Derivative Contracts
South Korea's financial authorities announced on Sunday measures to help stabilize the country's currency and financial system and limit damage
Foreign Investments in China Jump 27% in May
Foreign investment in China rose 27 percent in May from a year earlier to more than $8 billion, an official said Saturday.
Euro Down Again on Spain Bank Nationalization
The euro dropped sharply Monday after the weekend's de facto nationalization of a regional bank in Spain reignited fears about the continent's debt
India Wireless Auction Kicks Off Broadband Expansion
India's auction of wireless broadband spectrum has brought in a reported $8 billion in fees which could help plug India's fiscal deficit.
Calif. Farmer Succeeds with Gourmet Sushi Rice
Great sushi depends on rice that is just right — grains that are glossy and yielding after cooking, sticky with a touch of sweetness
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