Microsoft Corp has made progress in getting its Windows software to work on a low-cost laptop computer for poor children that currently runs on rival Linux software, an executive said on Thursday.
Chinese Internet search company Baidu.com Inc beat forecasts by more than doubling its quarterly profit, but its shares fell 4 percent as its profit guidance fell short of some investors' expectations.
Merrill Lynch & Co Inc. may look to sell its 20 percent stake in Bloomberg LP to raise capital after writing down $8.4 billion of assets last quarter, some investors have said.
The dollar's drop is addressing problems - including a big trade deficit and slowing economy - with few ill effects.
PetroChina, China’s largest oil producer, has set the price range of its A-share Initial Public Offering (IPO) between 15 to 16.7 yuan per share, the company announced on the HKEx on Wednesday.
BlackBerry maker Research In Motion will target multinational corporations in the first phase of its new push into the huge Chinese market, its co-chief executive said on Wednesday.
China's biggest lender ICBC is to buy 20 percent of South Africa's Standard Bank for 36.67 billion rand ($5.6 billion) in cash, in the biggest foreign investment yet in Africa.
Asian indexes were mixed Thursday, with financials dropping in Japan after Mizuho Financial Group reported losses related to U.S. subprime markets, while South Korean shares jumped on Samsung Securities a day after the brokerage firm announced strong earnings.
Wal-mart, the world's largest retailer is considering concentrating more on its international stores as well as opening up more stores in other countries for its business growth.
China launched its first lunar probe, the Chang'e I, on Wednesday, named after an ancient Chinese mythology figure.
Studying abroad has been accepted by more and more Chinese students and parents according to a new study.
China’s second largest beer maker has agreed to invest 40 billion yuan ($5.3 million) to establish its first overseas plant in Thailand.
Australia slapped financial sanctions on Myanmar's generals and their families on Wednesday as supporters of opposition leader Aung San Suu Kyi marked her 12 years in captivity with protests in 12 cities across the world.
China launched its first moon orbiter on Wednesday accompanied by a blaze of live-to-air patriotic propaganda celebrating the country's space ambitions and technological prowess.
Oil retreated for the fourth consecutive session on Wednesday in anticipation of a rise in U.S. crude stocks and on the possibility of increased supplies from OPEC.
Berkshire Hathaway Inc's Warren Buffett said on Wednesday he is scouring the world for big businesses, but is doubtful about finding a good buy in China because the market is too hot.
U.S. Treasury Secretary Henry Paulson said Tuesday that China should embrace more market oriented policies to avoid losing control of its rapidly growing economy.
Hitachi one of the leading global electronics company is pulling out of the business for selling personal computers.
Stocks rose on Tuesday, spurred by technology companies as Apple’s strong quarterly profit report and news of Blackberry-maker Research In Motion’s deal for distribution in China added to and better than expected results from American Express.
The Nasdaq led the market's gains on Tuesday after strong profit at Apple Inc and a Chinese distribution deal for BlackBerry maker Research in Motion showed tech stocks may still have room to grow. The Nasdaq's gain topped 1 percent after RIM said it is teaming up with Alcatel-Lucent to distribute the BlackBerry in China
A plan by India to restrict an avenue that allows foreigners to invest anonymously in India's soaring stock market may prove effective at moderating the unwanted side-effects of an unprecedented inflow of capital.
The head of the International Monetary Fund on Monday warned that an "earthquake" in credit markets may have been so severe the global economy tips into recession, ending a five-year boom.
