U.S. Federal Reserve monetary policy is unlikely to be pushed off course by December's surprising job losses, a senior Fed official said on Monday.
Stock index futures rose on Monday as China's stronger trade figures stoked optimism in the global recovery and as investors anticipated a profitable earnings report from Alcoa Inc .
Secretary of State Hillary Clinton heads to the South Pacific this week, working to boost key U.S. alliances while pressing Japan to resolve a damaging dispute over a critical U.S. military base.
The pace of growth of China's online gaming industry slowed in 2009, growing 30.2 percent to 27.1 billion yuan ($3.97 billion) over the previous year, according to data from research firm iResearch.
The Obama administration's newly appointed envoy for human rights in North Korea said on Monday Pyongyang had an abysmal record and that Washington would press the reclusive state to clean up its act.
Stock index futures rose on Monday as China's stronger trade figures stoked optimism in the global recovery and as investors anticipated a profitable earnings report from Alcoa Inc .
A growing number of consumers worldwide used their mobile telephones to help them shop early in the holiday season with usage particularly high among young adults seeking coupons, according to a study sponsored by Motorola Inc and released on Monday.
Stock index futures rose on Monday after China's strong import figures stoked optimism about world economic recovery as investors awaited earnings from Alcoa Inc , which traditionally marks the kickoff of the U.S. quarterly earnings season.
Chinese bank lending surged in the first week of 2010, industry sources said on Monday, adding to the concerns fueled by blockbuster trade data for December that the world's third-largest economy is overheating.
China's auto sales surged past the United States to reach record levels in 2009, industry figures showed on Monday, underscoring China's importance to the global auto industry as the world's biggest market.
A Chinese investigation into a detained Australian Rio Tinto Ltd executive and three colleagues has been sent to prosecutors, Australia's foreign office and the mining company said on Monday.
U.S. stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.52 percent, Dow Jones futures up 0.49 percent and Nasdaq 100 futures up 0.45 percent at 4.15 a.m. EST.
Chinese bank lending surged in the first week of 2010, a state newspaper reported on Monday, adding to the concerns fueled by blockbuster trade data for December that the world's third-largest economy is overheating.
Australia's Qantas Airways Ltd expects an investigation into loss making fuel-hedging in its Vietnamese joint venture airline to run for months after two executives were barred from leaving the country.
Asian stocks hit a 17-month high on Monday as a strong rebound in China's exports raised investor optimism about Asia's economies while the dollar suffered its biggest loss in six weeks after poor U.S. jobs data.
Federal Reserve monetary policy is unlikely to pushed off course by December's surprising job losses, a senior Fed official said on Monday.
Asian stocks rose to a 17-month high on Monday as a strong rebound in China's exports raised optimism about the region's economic outlook as the dollar suffered following weak U.S. jobs data.
Chinese banks made about 600 billion yuan ($88 billion) in new loans in the first week of 2010, the Economic Information Daily reported on Monday.
Eleven Chinese brokerages including Citic Securities Co and Haitong Securities Co will vie to be included in a pilot program for margin trading and short selling following a nationwide test run in 2008, the China Securities Journal reported on Monday, citing an unidentified regulator.
The U.S. dollar fell on Monday, extending losses after posting its biggest loss in six weeks after U.S. jobs data disappointed, while the Australian dollar soared on the back of strong export numbers from China.
Growth in China's exports and imports last month blew past expectations, providing fresh evidence of the vigor of the economy and strengthening the case for Beijing to let the yuan start climbing again.
China will extend active fiscal policies aimed at countering the global economic slowdown into 2010, the nation's finance minister said, warning that departing too early from those policies could damage the economy.
