Any threat by the United States to slap fees on imports from countries it perceives as weak on cutting carbon emissions could hamper trade relations and delay international efforts to combat global warming.
Federal Reserve officials are increasingly confident the U.S. economic recovery will be durable, but do not see employment or inflation picking up soon, minutes from their November meeting showed.
Federal Reserve officials are increasingly confident the U.S. economic recovery will be durable, but do not see employment or inflation picking up soon, minutes from their November meeting showed.
The Australian Dollar opens lower today against the greenback at 0.9202. The risk appetite that buoyed the Aussie on Monday night evaporated yesterday after news emerged from China that it's banking regulator issued a stern warning to banks regarding strict adherence to capital requirements or face sanctions.
Federal Reserve officials are increasingly confident the U.S. economic recovery is sustainable, even if they do not see employment picking up soon, minutes from their November meeting showed.
China on Tuesday executed two people for their role in a tainted milk scandal that killed at least six children and further sullied the made-in-China brand.
Federal Reserve officials are increasingly confident the U.S. economic recovery is sustainable, but they do not see employment picking up soon, according to minutes from their November meeting released on Tuesday.
A deal by General Motors Co to sell its Saab brand collapsed on Tuesday when the buyer pulled out in a move that threatens the Swedish luxury brand with closure.
A deal by General Motors Co to sell its Saab brand collapsed on Tuesday when the buyer pulled out in a move that threatens the Swedish luxury brand with closure.
China Investment Corp (CIC), the country's sovereign wealth fund, has agreed to buy $400 million worth of shares from China Longyuan Power Group's $2.2 billion Hong Kong initial public offering, a source close to the deal said on Tuesday.
Japanese electronics maker Panasonic Corp and its rival Sanyo Electric Corp Ltd have won U.S. antitrust approval to merge, the Federal Trade Commission said on Tuesday.
Asimco Technologies, an automotive components maker founded by Wall Street veteran Jack Perkowski in Beijing 15 years ago, is up for sale in a deal that could fetch over $200 million, people involved in the potential deal said on Tuesday.
China and isolated North Korea should deepen military ties, the Chinese defence minister said on Tuesday, saying international turbulence had never damaged the bond between the two communist neighbours.
China Eastern Airlines, the country's third-most valuable airline, said on Tuesday it would complete its acquisition of Shanghai Airlines by the end of the year.
* U.S. stock index futures pointed to a lower opening on Wall Street on Tuesday, following the previous session's sharp gains, with futures for the S&P 500 SPc1 down 0.18 percent, Dow Jones DJc1 futures down 0.26 percent and Nasdaq 100 NDc1 futures down 0.38 percent at 0925 GMT.
U.S. stock index futures pointed to a lower opening on Wall Street on Tuesday, following the previous session's sharp gains, with futures for the S&P 500 down 0.18 percent, Dow Jones futures down 0.26 percent and Nasdaq 100 futures down 0.38 percent at 0925 GMT (4:25 a.m. EST).
Financial markets did a quick about-face from the previous session's patterns on Tuesday with stocks falling, the dollar recovering some losses and gold dropping back a bit from record highs.
The dollar recouped some of its overnight losses on Tuesday, while Asian shares slipped as investors shrugged off upbeat U.S. home sale data and took light profits on recent rallies.
Jobs Tops for Obama; HP's Big Gains; Candy Wrangling
Hewlett-Packard Co tripled the size of its share repurchase program to $12 billion as China sales and better profit margins on its services boosted quarterly earnings.
Hewlett-Packard Co said a strong performance in China and improved profit margins in its services business helped drive quarterly earnings 14 percent higher. The fiscal fourth quarter results released on Monday were in line with those the company preannounced two weeks ago, which topped Wall Street's estimates.
US computer giant Hewlett-Packard said on Monday that it saw a 14 percent increase in the fourth quarter profits of 2009 despite an eight percent e dip in sales.
