Asian stocks fell on Thursday as several major U.S. firms issued disappointing outlooks, casting doubts on the strength of a global recovery, and as investors grew impatient for action on Greece's debt crisis, weighing on the euro.
China must tackle its property bubble for the sake of economic health and social stability, even if the market feels some short-term pain in the process, an official financial newspaper said on Thursday.
The U.S. Commerce Department on Wednesday delayed a decision on investigating whether China's currency practices are an illegal trade subsidy that justify imposing countervailing duties.
Brazil tops the list of countries asking Google Inc to remove content from its services, the Internet search company disclosed in a new Web tool -- but it said statistics on China are secret.
Within days -- perhaps even hours -- of news that Goldman Sachs was facing fraud charges from U.S. regulators, rivals seized on a chance to elbow in front of Wall Street's most profitable bank.
McDonald's Corp is muscling in on business from other fast-food chains and turning up the heat on coffee chain Starbucks Corp by expanding its lower-priced roster of competing drinks.
Quality of school books hit by changes Constant tweaking of maths syllabus mean textbooks are 'less coherent' than in Asia
The global economy is recovering from recession more quickly than expected but rescue efforts have worsened public finances, and if not reined in, will lead to a debt explosion, the IMF said on Wednesday.
Diversified U.S. manufacturer United Technologies Corp posted a 20 percent rise in profit that topped Wall Street's expectations and ended a four-quarter streak of declines.
A British woman has woken up speaking with a Chinese accent after reportedly suffering brain damage brought on by a severe migraine.
Global miner BHP Billiton revealed on Wednesday possible violations of anti-graft laws inside the company, in another blow to the mining industry's tarnished image.
Google Inc boosted its spending on federal lobbying 57 percent in the first quarter to address issues including patent reform and competition in the advertising market, as the Internet search giant increasingly finds itself in the regulatory spotlight.
International markets like China and Brazil drove profits at U.S. industrial companies in the first quarter, many of which beat Wall Street estimates and raised their full-year forecasts.
Fake security software was the No. 1 cybersecurity woe afflicting computer users in 2009, and Apple users lost some of their immunity to cybercrime as they stored more data online instead of on hard drives, according to the cybersecurity firm Symantec.
A December cyberattack on Google Inc computers hit the company's password system that millions of people worldwide use to access almost all of the company's Web services, The New York Times said, citing a person with direct knowledge of the investigation.
Brewing giant SABMiller beat forecasts as it reported a 2 percent rise in fourth-quarter worldwide underlying beer volumes on Tuesday as emerging markets like Latin America and Africa started to recover.
Asian stocks rebounded on Tuesday, a day after suffering their biggest percentage fall in 10 weeks, as Citigroup's best results since 2007 raised investor optimism about earnings growth.
Quarterly earnings at Asian carmakers are set for a big improvement thanks to recovering demand and cost cuts, and analysts are turning their focus to how fast they can get back to sustained, pre-crisis growth.
Asian chipmakers are set to deliver another set of strong results and cement growing views that the global technology sector's recovery is accelerating as an economic recovery boosts corporate and consumer spending.
Asian stocks rebounded on Tuesday, a day after suffering their biggest percentage fall in 10 weeks, as Citigroup's best results since 2007 raised investor optimism about corporate earnings and risk aversion receded.
The U.S. Commerce Department could decide this week whether to launch a groundbreaking investigation into charges China is subsidizing exports of an aluminum product by undervaluing its currency, a government official said on Monday.
For U.S. industrial companies, this quarter's earnings season could bring the first concrete evidence an awaited economic recovery has arrived.
