Best Buy plans to boost its Web presence and open a greater number of small stores in the United States targeting mobile customers in an effort to win back market share from the likes of Amazon and Wal-Mart.
The interbank silver market [in Asia] is dysfunctional says one Hong Kong dealer's note. Liquidity is getting worse while the price action is getting more exaggerated as a result.
Wall Street stocks were set for a lower open on Thursday as worries about higher inflation and signs of job market weakness kept investors cautious.
Russian billionaire Yuri Milner, a venture capitalist and social networking investor who has invested hundreds of millions of dollars in Facebook, Groupon and Zynga, is opening an office in Hong Kong, according to a source familiar with the matter.
China's foreign exchange reserves soared to a record of more than $3 trillion by end-March, while its money supply growth blew past forecasts, threatening to aggravate the nation's inflation woes and trigger more policy tightening.
Stock index futures fell on Thursday before U.S. data that could shed light on the impact of rising commodity prices and as concerns grew over Chinese inflation.
Stock index futures fell on Thursday as investors awaited data to assess the impact of rising commodity prices amid growing concerns over Chinese inflation.
US stocks ended slightly higher on Wednesday after President Barack Obama detailed his plans for cutting the deficit and the Federal Reserve reported encouraging news on the economy.
US stocks ended slightly higher on Wednesday after President Barack Obama detailed his plans for cutting the deficit and the Federal Reserve reported encouraging news on the economy.
Stock index futures pointed to a slightly weaker start for Wall Street on Thursday, with futures for the S&P 500, Dow Jones industrial average and Nasdaq down 0.1 to 0.2 percent by 0847 GMT.
The dollar sank to a 16-month low against a basket of currencies on Thursday as investors bet U.S. monetary policy would continue to be loose, while a report that Chinese inflation will rise dragged on equities.
Zoom Technologies Inc signed a licensing pact with chipmaker Qualcomm Inc, allowing the Chinese mobile phone maker to develop and sell 3G devices using Qualcomm's chip patents, sending its shares soaring as much as 64 percent.
Which is the hardest working member of the OECD? The answer might surprise you.
Motorola Solutions Inc and China's Huawei Technologies Co have settled a legal dispute over trade secrets, clearing the way for Motorola to complete the sale of one of its business units to Nokia Siemens Networks.
The following are remarks by President Barack Obama, as prepared for delivery, on addressing long-term United States and the deficit on April 13, 2011 at George Washington University, in Washington D.C.
Dan Dorrow of Faros Trading continues to expect the Australian dollar to perform well on the strength of Asian economies.
For the first time in history, private investor [Gold] holdings now exceed official-sector holdings, said Philip Klapwijk - executive chairman of precious-metals consultancy GFMS - at a presentation in London's Canary Wharf today, commenting on last year's strong physical Gold Investment demand.
U.S. stocks ended lower on Tuesday as Alcoa sales missed estimates and energy stocks declined as oil prices plunged more than 3 percent. Futures on major U.S. stock indices point to higher opening on Wednesday ahead of economic data including retail sales.
Investors retreated from stocks, oil and other risky assets as a worsening nuclear situation in Japan and a lackluster start to the U.S.'s corporate earnings season cast doubt over the global economic recovery. The Dow Jones Industrial Average dropped 117.53 points, or 0.95%, to 12263.58, while the Standard & Poor's 500-stock index lost 10.30 points, or 0.78%, at 1314.16, and the Nasdaq Composite fell 26.72 points, or 0.96%, to 2744.79.
Foxconn Technology Group, maker of Apple Inc's iPhone and iPad, said it is looking at investment opportunities in Brazil in line with its strategy of being where the market is, a plan that would boost its presence in a fast-growing market for electronic devices.
Asian shares fell Tuesday on selling prompted by Japan declaring its nuclear crisis a match for the Chernobyl disaster in severity and after the International Monetary Fund said global economic growth should slow this year as new risks emerge.
A senior U.S. Treasury Department official said on Tuesday the G20 expects to make progress on guidelines for identifying economic imbalances this week and soon will be able to list countries with problems.
