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 ...

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

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

IRS Cuts Down Iffy Tax Break Disclosures for Big Corps.

The Internal Revenue Service is scaling back a new requirement that large corporations disclose on their tax returns whether they are taking

Growth in Durables Orders Sends Stocks Up

Stocks resumed a September rally Friday as traders were encouraged that orders for manufactured goods excluding the volatile transportation

Korea Wins Control of UK's Dana Petroleum

Korea National Oil Corp (KNOC) has won a controlling interest in UK's Dana Petroleum with about 65% of its shares either owned or accepted

Asia Has 3 of World's Most Expensive Shopping Streets

A survey of rents in the world’s top 269 shopping locations in 59 countries by Wakeman & Cushfield has found Hong Kong, Tokyo and Seoul

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.

Asian Stocks Down Despite Wall Street Gains

Asian markets retreated Wednesday, with investors losing their appetite for stocks after a disappointing U.S. services sector report pointed to an anemic

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

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

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

Intel Q1 Profits Quadruple

Intel Corp. said Tuesday its net income in the first quarter nearly quadrupled over last year and reflected an overall bump in spending on technology

China Trims U.S. Treasuries for 4th Straight Month

China trimmed its holdings of U.S. Treasury debt 1.3 percent in February, the fourth consecutive decline. Those reductions are raising concerns

Germany to Grow 1.5% in 2010

The German economy will continue its slow recovery with growth rates at 1.5 percent this year and 1.4 percent in 2011 while the job market

Toyota Conducts Safety Tests on All SUV Models

Toyota announced safety tests on all its sport-utility vehicle models in a sweeping effort Thursday to reassure buyers after Consumer Reports warned

Global PC Sales Surged 20% in Q1

Worldwide personal computer shipments increased more than 20 percent in the first three months of 2010 from the same period a year ago

China Q1 Growth Surged to 12% but Inflation Low

More Americans Feel Effects of Recovery

A flurry of reports out Wednesday suggested that many Americans are feeling better about the economic rebound.

Households Feel Income Squeeze Despite Low Inflation

The deep recession has caused inflation to all but melt away. The problem is that the same severe downturn has also translated into weak

Wall Street Boosts Hiring of Investment Managers

Wall Street is hiring again. Among those in demand: traders of exotic financial investments such as derivatives, and risk managers whose job it is to ...

World Markets Rise on Intel Earnings Report

World markets mostly rose Wednesday after better-than-expected first quarter earnings from Intel Corp. stoked hopes about the global economic recovery.

Jobless Claims, Weak Industrial Output Cool Markets

Stocks traded in a tight range Thursday after mixed economic reports gave investors an excuse to take a break from buying after five straight days ...

Singapore GDP Jumped 32.1% in Q1

Singapore says its economy soared in the first three months of 2010 as manufacturing more than doubled.

Toyota Pulls Lexus GX460 After Alarming Rollover Report

Toyota says it will temporarily stop selling the Lexus GX460 after Consumer Reports said the SUV carried an unusually high risk of a rollover accident

Feb. Trade Deficit Grows with Consumer Spending

The U.S. trade deficit widened more than expected in February as a small gain in exports to the highest level in 16 months was offset ...

Shanghai Tops Taiwanese Foreign Investments

Shanghai topped the list of favorite foreign investment sites for Taiwanese investors, according to a China Times report. Tokyo and Singapore

Infosys Profits Up 8.7%

Infosys Technologies Ltd., India's bellwether information technology outsourcing company, said Tuesday quarterly profit rose 8.7 percent

Honda Jumps Into Green Game with Electric Scooters

The green fad in Japan is expanding from cars to bikes with Honda's zero-emission super-quiet electric EV-neo scooter.

Paramount Bundles Movies with Seagate Hard Drives

Paramount Pictures is exploring a new frontier by participating in an offer to sell Seagate Technology hard drives with a copy of the latest "Star ...

China Continues Oil Binge with Syncrude Buy

China's not done shopping the globe for oil. On Monday, a Beijing-backed oil producer announced the country's largest deal

Microsoft's China OEM Accused of Using Child Labor

Two factories that make Microsoft Corp. products in southern China violated overtime regulations and failed to properly register the use of workers

Online Firms Fear Impact of Global Copyright Pact

Companies across the technology industry — from Internet access providers to social networking sites to video-sharing services — are bracing

IMAX Signs Expanded 3-D Theater Deal in Japan

Megascreen theater company IMAX Corp. said Tuesday it will expand in Japan — the latest in a series of international deals inked recently amid growing ...

Toyota to Fix Stability Software on 34,000 Lexus GX460s

Toyota will offer the same fix for stability control programming it has announced for the Lexus GX 460 in North America to vehicles in other ...

SEC's Goldman Probe Could Widen to Other Banks

Goldman Sachs stepped up its defense against civil fraud charges Monday, telling clients it did not withhold information in a complex transaction

GM to Repay Bailout Loan Before June

General Motors Co. will fully repay the $6.7 billion loan portion of its U.S. government aid earlier than its previously promised payback date of June

IBM Sees Tech Spending Rebound, Profits Rise

IBM Corp. said Monday its first-quarter profit jumped 13 percent, and the company offered evidence that corporate technology spending is rebounding