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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

Playstation Move Gets Gamers Off Couch

Sony Corp. gets gamers off the couch with its new motion controller, the PlayStation Move.

Samsung Tablets to Be Sold by Top U.S. Wireless Carriers

Samsung says all four major U.S. wireless carriers will sell its iPad-like tablet computer in the coming months.

3-D Grabs Center Stage at Tokyo Game Show

The Tokyo Game Show has a lot of people wearing dark glasses this year, with the buzz turning 3-D at the annual event that brings ...

Improving Jobs Data Shrugged Off by Wall Street

A September rally driven by economic reports regularly beating modest expectations appears to be on hold Thursday even after a weekly report

U.S. Trade Deficit Surges on Strong Car, PC Demand

Americans' stronger appetites for imported goods, especially cars and computers, lifted the broadest measure of the U.S. trade deficit in the second

Global Markets Dip Ahead of U.S Jobs Report

World markets mostly fell Thursday ahead of another set of U.S. jobs data and news that British retail sales fell in August for the first ...

World Stocks Rise on Oracle, RIM Earnings

World stock markets mostly rose Friday as positive earnings news from technology companies such as Oracle and BlackBerry maker Research

Sony Update Plays 3-D Movies on Playstation

Sony's PlayStation 3 game console will work as a Blu-ray disc player for 3-D movies and music videos, not just 3-D games, with a software ...

China Rejects U.S. Union Complaint over Clean Energy Support

China rejected a U.S. union's trade complaint over Beijing's support for clean energy industries and said Wednesday such criticism is hypocritical

Microsoft's Sleek IE 9 to Load Pages Faster

Microsoft Corp. is unveiling the "beta" test version of Internet Explorer 9 on Wednesday, the first of a new generation of Web browser programs

Mastercard Sees 20% Profit Rise on Overseas Use

MasterCard Inc. expects its net income to rise at least 20 percent this year, helped by a small boost from foreign exchange and a modest

Foreign Investment in China Grew Slower in August

Foreign investment in China weakened again in August after rebounding from a slowdown earlier this year, the government reported Wednesday.

Japanese Stocks Soar on Weaker Yen

Japanese stocks jumped Wednesday, outperforming other world markets, after the Bank of Japan intervened in the currency markets

Twitter Adds Pane for Videos, Photos

Twitter is turning its text-messaging website into a multimedia showcase by adding a new pane that will make it easier for its 160 million users

Japan Intervenes to Weaken Yen, First Time Since 2004

Japan's finance minister has confirmed that Japan intervened in the currency market to weaken the yen, which had spiked to 15-year highs

Wall Street Continues Rising on Positive Retail Data

World stock markets were mixed Tuesday despite another gain on Wall Street as the dollar retreated to a new 15-year low against the yen

August Jobless Rate Rose in Calif., 26 Other States

More than half of U.S. states saw their unemployment rates rise in August, the largest number in six months, as hiring weakened across the country.

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

Twitter Hacker Causes Mischief with Feeds

A new way to cause mischief quickly spread through short-messaging service Twitter on Tuesday morning before the site could fix the problem

Stocks Tilt Back Up After Fed Speaks

Stocks and bonds rose Tuesday after the Federal Reserve said it was ready to provide more help to the economy if necessary.

MetroPCS Leads 4G Wireless Rollout in U.S.

MetroPCS Communications Inc., a regional cell phone company that mainly caters to low-income customers, on Tuesday became the first U.S. carrier

Cessna Blames Economy for Cutting 700 Jobs

Cessna Aircraft announced Tuesday it will cut another 700 jobs, saying it has not seen the growth and recovery that it expected this year.

China Manufacturing Picks Up Steam in September

Growth in Chinese manufacturing picked up pace in September, a survey showed Friday, adding to evidence that China's economic recovery remains on track.

IBM to Pay $1.7 Bil. for Data Miner Netezza

IBM Corp. said Monday it has agreed to pay $1.7 billion for Netezza Corp., a company that helps businesses sort through data on corporate servers.

Strong European Debt Sales Lift Investor Mood

Solid bond auctions in Ireland, Spain and Greece helped to further shore up sentiment in the markets Tuesday while investors waited for the latest

Oil Slips to $74 Ahead of Key Fed Meeting

Oil prices slipped to near $74 a barrel Tuesday in Asia as traders looked to a key U.S. central bank meeting later in the day ...

World's Airlines Treble Profit Forecast

Global airlines have rebounded faster than expected from the recession after losing nearly $26 billion over 2008 and 2009, the industry association

China Fines Toyota Finance Arm for Bribing Dealers

Authorities in eastern China say they have fined Japanese automaker Toyota Motor Corp.'s finance unit for giving bribes to car dealers

Asian Stocks Rise on Hope of More Fed Action

Asian stock markets advanced Tuesday as hopes for more action by the Federal Reserve to prop up the U.S. economy extended Wall Street's rally

Lotte Group Buys Control of Pepsi Philippines

Lotte Chilsung Beverage, a Lotte Group affiliate, has paid $101 million for a controlling 34.4% stake in Pepsi-Cola Products Philippines (PCPP), becoming its largest

GM to Court SAIC, Other Foreign Investors for IPO

Investment bankers handling the upcoming General Motors Co. stock sale are expected to court foreign investors as well as those in North

GM to Test All-Electric Chevy Cruze in Korea

General Motors says it will launch a test fleet of electric cars in South Korea as it continues to develop battery-powered models of its Chevrolet ...

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

Pfizer to Buy King Pharmaceutical

Pfizer Inc., the world's largest pharmaceutical company by revenue, said Tuesday it will buy pain drug maker King Pharmaceuticals Inc. for $3.6 billion in cash.

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

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

China Raises Big Bank Reserve Ratio for 2 Months

China has raised reserve requirements for the six biggest commercial banks by 50 basis points on a temporary basis to cut the money supply

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