BUSINESS: GOLDSEA

Subscribe Now to receive Goldsea updates!

Subscribe for updates on Goldsea: Asian American Daily

Subscribe Now

Business

Revised Data Show Recession Was Underestimated

The recession was deeper than the government previously thought. The ...

Recovery Slowed in Q2

The recovery lost momentum in the second quarter as growth ...

Chrysler to Add 900 Jobs for Midsize Car Plant

Chrysler Group LLC said Friday that it will add nearly ...

China Passed Japan to No. 2 Spot Says Currency Chief

China has overtaken Japan to become the world's second-largest economy, ...

Twitter-Crazed Japan Claims 20 Billionth Tweet

Twitter's 20 billionth message didn't make much sense, but it ...

China Manufacturing Growth Continues Gradual Slowing

Expansion of Chinese manufacturing activity slowed for the third month ...

China Car Sales Up 17.2% in July As Growth Slows

Auto sales growth in China, the world's biggest market, weakened ...

Retail Sales, Prices Rise on Growing Car Demand

A busy month for car dealerships lifted retail sales for ...

China Industrial Growth Slips to 13.4%

China's industrial growth slowed further in July as Beijing clamped ...

Macy's Q2 Profits Surge on Growing Market Share

Macy's Inc.'s net income surged in the second quarter as ...

S. Korea Leaves Interest Rate at 2.25%

South Korea's central bank left its key interest rate unchanged ...

Europe Cuts Dream Projects to Reduce Budget Deficits

A rebuilt Prussian palace in Berlin. High-speed rail from Lisbon ...

Xinhua, China Mobile Launch Search Joint Venture

The state-run Xinhua News Agency said Thursday it will launch ...

Jobless Claims at Highest Level Since February

The economy is looking bleaker as new applications for jobless ...

GM Posts $1.33 Bil. Profit for Q2, CEO Steps Down

General Motors Co. said Thursday it made $1.33 billion in ...

Google Beefs Up Voice Controls on Android Phones

Just because mobile phones are becoming more like small computers ...

Asian Stocks End Losing Streak on Bargain Hunting

Most Asian stock markets posted mild gains Friday as investors ...

Korean Air Operating Profit Doubles but Loses on Fuel

Korean Air, South Korea's biggest airline, said Friday it sank ...

ING Q2 Earnings Jump on Healthy Lending Growth

ING Groep NV, the Dutch bank and insurance company, Wednesday ...

Eurozone Grew Faster Than U.S. in Q2

The economy of the 16 countries that use the euro ...

IBM Adds Online Marketing Tools with Unica Buy

IBM Corp. said Friday that it has agreed to buy ...

magicJack Company to Offer Free Calls from Computers

The company behind the magicJack, the Internet phone gadget heavily ...

U.S. Stocks Keep Slipping on Confusing Data

The stock market has fallen for the fourth straight day ...

Apple Manager Indicted on Kickback Charges

A manager at Apple Inc. has been indicted by a ...

China's Ag Bank Confirms IPO Was World's Largest

The Agricultural Bank of China says it raised a world ...

World Stocks Fall on Japan Export Slowdown

World stocks markets mostly fell Monday after figures showed that ...

China Cut U.S. Treasury Holdings Again in June

China reduced its holdings of U.S. Treasury debt for a ...

China Overtook Japan As No. 2 Economy in Q2

Japan lost its place as the world's No. 2 economy ...

Dell Buys Data Storage Leader 3Par for $1.13 Bil.

Dell Inc. said Monday it's buying 3Par Inc., a maker ...

World Stocks Slip on Fears China's Growth Slowing

World markets fell Tuesday amid signs China's economy is losing ...

Hiring Slows Leaving Jobless Rate Unchanged

Companies showed a lack of confidence about hiring for a ...

U.S. Corn Exports to Boom As China Eats More Meat

China could be about to increase its corn imports, offering ...

Washington Post Profits Surge on Education Growth

The Washington Post Co. is reporting a surge in second-quarter ...

Transocean, Anadarko Surge on BP Plug Success

With BP at a turning point in the Gulf oil ...

Germany Warns of Apple iPhone Security Problems

The German government has warned of serious security flaws in ...

Ousted HP CEO Settles with Sex Harassment Accuser

Ousted Hewlett-Packard Co. CEO Mark Hurd has settled allegations of ...

Asian Stocks Mixed on U.S. Jobs, High Yen

Asian stock markets were mixed Monday after a poor U.S. ...

German Export Growth Signals High-End Recovery

German exports grew by 3.8 percent on the month in ...

Hawaii Sugar Growers Spearhead U.S. Biofuel Push

The federal government has turned to a 130-year-old Hawaii sugar ...

Chrysler Posts First Operating Profit Since 2007

A year after emerging from bankruptcy protection, Chrysler Group LLC ...

U.S. Manufacturing Expands for 13th Straight Month

U.S. manufacturing expanded in August for the 13th straight month, ...

China Consumer Confidence Rebounds in July

The Chinese spent more in July as inflationary pressures eased ...

Honda Recalls 400,000 Cars for Ignition Switch Glitch

Honda Motor Co. is recalling the popular Accord and Civic ...

Verizon, Google Outline Broadband Rules for ISPs

Phone and cable TV companies that provide Internet access should ...

China Exports Surge 38.1%, Imports Up 22.9%

China's exports grew strongly in July but import growth fell ...

Google to Debut Street View in Germany Despite Attacks

Google will introduce its "Street View" mapping feature for 20 ...

Netflix to Pay $1 Bil. to Stream Paramount, MGM Films

Netflix Inc. will pay nearly $1 billion during the next ...

Chipmaker Shares Suffer from Fears of PC Slowdown

Shares of chipmakers Intel Corp., Advanced Micro Devices Inc. and ...

World Stocks Fall on Anxiety Over Growth Prospects

World markets dropped Wednesday despite a late rally on Wall ...

Nestle Profits Rise 7.5% on Robust Sales Growth

Swiss food and drinks company Nestle SA reported Wednesday a ...