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Business

China Approves Local Branches for Taiwan Banks

China has given approval to four Taiwanese banks to set ...

LG to Replace Electronics CEO with Group Chairman's Brother

South Korea's LG Electronics, the world's third-biggest maker of mobile ...

World Stocks Rise on Oracle, RIM Earnings

World stock markets mostly rose Friday as positive earnings news ...

GM to Test All-Electric Chevy Cruze in Korea

General Motors says it will launch a test fleet of ...

GM to Court SAIC, Other Foreign Investors for IPO

Investment bankers handling the upcoming General Motors Co. stock sale ...

Lotte Group Buys Control of Pepsi Philippines

Lotte Chilsung Beverage, a Lotte Group affiliate, has paid $101 ...

Asian Stocks Rise on Hope of More Fed Action

Asian stock markets advanced Tuesday as hopes for more action ...

China Fines Toyota Finance Arm for Bribing Dealers

Authorities in eastern China say they have fined Japanese automaker ...

Cheap, Clean and China the Foci of Paris Auto Show

At the Paris auto show, the car market's fortunes appear ...

Japan Business Confidence Rises for 6th Straight Quarter

Business confidence in Japan rose for the sixth straight quarter, ...

Asia Stocks Rise on Hopes of More U.S. Stimulus

Asian stock markets climbed Wednesday, supported by growing speculation that ...

Digital Reading Squeezes Out Finland's Paper Mills

Shielded from the deafening roar and searing heat of Paper ...

Cheap, Hi-Tech Toys Top Christmas List

This year's hot holiday toys are high-tech - and low-price. ...

Waxman Shelves Bill to Control Bandwidth Manipulation

House Democrats have shelved a last-ditch effort to broker a ...

German Jobless Rate Falls to 7.2%

Germany's unemployment rate dropped to 7.2 percent in September as ...

Spain Debt Downgrade Drags Down Stock Prices

Spain's hurting economy got hit again Thursday with yet another ...

AIG Sells 2 Japanese Units for $4.8 Bil.

AIG, which reportedly is close to a deal that would ...

Green Goes Sleek at Paris Auto Show

Sizzling, sleek designs for a carbon-conscious world headlined Thursday as ...

Caterpillar to Raise Prices on Strong Growth

Heavy-equipment maker Caterpillar says it will raise prices up to ...

HP Reveals Rosy Outlook but Not Next CEO

Hewlett-Packard Co. offered a rosy financial outlook Tuesday without giving ...

Japan Jobless Rate Fell to 5.1% in August

Japan's jobless rate improved in August, but prices fell for ...

China Manufacturing Picks Up Steam in September

Growth in Chinese manufacturing picked up pace in September, a ...

BP Says It Paid $11.2 Bil. on Gulf Oil Spill ...

BP PLC said Friday that it has pledged royalty revenues ...

Eurozone Unemployment at 10.1% in August

Unemployment in the 16 countries that use the euro remained ...

United, Continental Merge to Become World's No. 1

United and Continental closed a deal on Friday that will ...

Incomes, Spending Both Rose in August

Consumer spending rose by a moderate amount in August while ...

Manufacturing Expands for 14th Straight Month

Manufacturing activity expanded in September for the 14th straight month, ...

Car Sales Surge Mostly on New Crossovers

New models and Labor Day promotions didn't do much to ...

Microsoft Sues Motorola on Smart Phone Patents

Microsoft Corp. is suing Motorola Inc. for infringing on its ...

Wal-Mart Bids $4.25 Bil. for S. Africa's Massmart

Wal-Mart-Stores Inc. says it has offered to buy South African ...

German Business Mood Highest in 3 Years

German business confidence unexpectedly rose to its highest level in ...

HSBC CEO to Leave After Losing Bid for Chairmanship

HSBC's chief executive has lost his bid to move up ...

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

Asian stock markets fell Friday after a jump in U.S. ...

Asia Has 3 of World's Most Expensive Shopping Streets

A survey of rents in the world’s top 269 shopping ...

Korea Wins Control of UK's Dana Petroleum

Korea National Oil Corp (KNOC) has won a controlling interest ...

Growth in Durables Orders Sends Stocks Up

Stocks resumed a September rally Friday as traders were encouraged ...

IRS Cuts Down Iffy Tax Break Disclosures for Big Corps.

The Internal Revenue Service is scaling back a new requirement ...

Hyndai Recalls 2011 Sonatas for Steering Glitch

Hyundai Motor Co. said it is voluntarily recalling 139,500 Sonata ...

Asian Stocks Enjoy Bounce After Holidays

Asian stock markets kicked off a new week of trading ...

Nestle to Expand Herbal Medicine Business

Nestle plans to plow hundreds of millions of dollars into ...

Halliburton Profits Double on Natural Gas Drilling

Halliburton Co. said Monday its net income more than doubled ...

Blackberry Maker Unveils Small Tablet for Business

The company that gave us the BlackBerry — still the ...

ADB Raises Asia Growth Forecast to 8.2%

The Asian Development Bank raised its forecast for the region's ...

China Studio Buys Stake in Hollywood Production Firm

The Hollywood production house behind hits including "Clash of the ...

World Stocks Slip on Euro Debt Fears, Yen Action

World stock markets fell sharply Tuesday amid renewed worries over ...

LG Chem Adds Mitsubishi Motors As Battery Client

Mitsubishi Motors became the latest automaker to sign Korea's LG ...

Toys R Us to Hire 45,000 Workers, Plans Stock Sale

Toys R Us will hire about 45,000 employees to help ...

Coca-Cola to Invest $1 Bil. in Philippines

Coca-Cola Co. said Tuesday it will spend $1 billion in ...

Recession Widens Rich- Poor Gap, Cuts Marriages

The recession seems to be socking Americans in the heart ...

Hulu Plus to Play on Roku, Tivo Set-Top Boxes

Hulu Plus, the $10-per-month online TV subscription service, will soon ...