China is poised to boost quotas on outbound investment schemes to $100 billion and cut barriers to moving foreign currency in and out of the country in a series of swift but small steps to crank open its tightly controlled capital account.
Asian stock markets declined Friday as batch of disappointing economic readings from the US signaled that the recovery was slowing in the world's biggest economy.
Major emerging powers stood ready on Friday to pledge money to bolster the International Monetary Fund's crisis-fighting war chest, though Brazil was holding out for promises that their voting power at the global lender would increase.
Nestle , the world's biggest food group, reported forecast-beating first-quarter organic sales growth of 7.2 percent on Friday as emerging market demand and price rises helped offset sluggish growth in the developed world.
Automaker Ford said Thursday that it plans to build a $760-million assembly plant in the eastern Chinese city of Hangzhou as part of expansion plans in the country.
Inside a dimly lit barn in northeast Indiana, where the air smells faintly of corn and earth, the future of China's food supply is squealing for attention.
Syria and the United Nations signed an agreement Thursday on terms for hundreds of observers to monitor a ceasefire.
With Evernote reportedly raising funding a valuation of $1 billion, could it be the next mobile app success story?
As Earth Day approaches on April 22, organizers view 2012 as a pivotal year to bring the environmental issues facing the planet to the forefront of the global political agenda.
The International Monetary Fund's bid to win a big boost in funding to handle the euro-zone debt crisis hit a speed bump on Thursday when Brazil demanded more power at the IMF for emerging economies as a condition for lending it extra cash.
The latest rumor to surface in the tech community is that the Palo Alto based company is soon to be coming out with an iPad Mini.
The 14th Dalai Lama, spiritual leader of Tibetan Buddhists, spoke to a rapt crowd of 12,000 at San Diego University on Thursday morning. He stressed the importance of compassion and the oneness of humanity.
Johnson Controls Inc. is expected to report a 5 percent drop in first quarter 2012 earnings tomorrow due to increased commodity prices, the expense of a new metals plant and higher engineering and launch costs from new business ventures. However, revenue and operating profit for the company are expected to be up.
Sometimes anything is possible. A seven-year-old girl born without hands has won a penmanship award and a $1,000 prize for being able to write by manipulating a pencil between her forearms, the Associated Press reported.
International Monetary Fund chief Christine Lagarde said on Thursday she expects to win a big boost in funding to help the lender contain damage from the euro-zone debt crisis now that Europe has taken significant steps on its own.
The global economy is set to expand by a modest 3.3 percent this year as a still-smoldering euro zone debt crisis and a relatively slow U.S. recovery continue to leave Asia as the main driver of growth, Reuters polls showed on Thursday.
Rumors have been swirling about a possible Lamborghini SUV called the Deimos, and all indications are that the company is out to build a bull of an SUV, but according to China Car Times, it will be called the Urus and make an appearance at the Beijing Auto Show later this month.
China issued a cautious statement that seemed to downplay any threats the missile may pose.
Nokia dropped its sales chief and promised to slash more costs, as Chief Executive Stephen Elop battles to reinvent the cellphone maker to compete with smartphone rivals.
The European Union will formalize a suspension of sanctions against Myanmar next Monday, allowing for major easing on restrictions against the country over the next year.
The Chinese government Thursday reacted diplomatically to India's successful launch of the nuclear capable long-range ballistic missile Agni-V while the government-controlled media lashed out at India for attempting to compete with China.
Shares of Qualcomm (Nasdaq: QCOM), the biggest designer of mobile chips, plunged more than 5 percent in early Thursday trading after missing second-quarter earnings estimates.
