China announced Wednesday that it will send its African envoy, Zhong Jianhua, to Sudan and South Sudan with the hope of brokering peace talks between the two rival nations which have recently been engaged in border skirmishes that threaten to escalate into an all-out war.
Foreign minister may push for Security Council action, which would almost certainly be vetoed by Russia and China.
East Asia is rife with new military activity as maritime disputes highlight persistent tensions between neighbors.
Ford Motor Co. (NYSE: F), the second-largest U.S. carmaker, is expected to report Friday its first-quarter earnings plunged by 42.6 percent as gains in North America couldn't offset a slump in vehicle demand in Europe and slowing sales growth in South America and Asia.
Echoing the anchor babies argument heard here in the United States, Hong Kong's Chief Executive-elect Leung Chun-ying has proposed a zero quota policy that will prevent Chinese women from crossing into Hong Kong to give birth.
Starbucks Corp. is expected to report a higher second quarter profit as the company's expansion efforts and growing line of products, as well as the diminishing cost of coffee, continue to add revenue sources for the company.
Stocks rose on Wednesday after Apple's blowout quarter overshadowed a drop in durable goods and further lifted optimism in an earnings season that has far outstripped expectations.
Palladium prices are bouncing back from a big decline that started in February in what could be a sign of rising investor confidence in the U.S. recovery, thanks to rising auto sales, and concerns over Russian supplies.
Stocks advanced on Wednesday after a blowout quarter from Apple further lifted optimism in an earnings season that has far outstripped expectations.
German sportscar maker Porsche is bracing for slower sales growth in China this year as the country's premium auto segment loses momentum amid a slowdown in economic growth.
Caterpillar Inc. (NYSE: CAT), the largest maker of construction and mining equipment, reported a 29 percent jump in its first-quarter profit that topped analysts' estimates and boosted its full-year outlook, as U.S. builders replaced their aging machinery and demand for mining equipment boomed.
Caterpillar Inc reported a 29 percent rise in first-quarter profit on Wednesday and beat analyst expectations as the company relied on its growing mining business and sales to buyers looking to replace aging equipment.
Demand for long-lasting manufactured goods was the weakest in three years in March and a gauge of business spending plans fell, suggesting the economy lost momentum as the first quarter drew to a close.
Shares of Apple (Nasdaq: AAPL), the world's most valuable technology company, skyrocketed 10 percent before the markets opened Wednesday on forecasts of further recordbreaking earnings. That sent overall U.S. markets up.
Demand for long-lasting U.S. manufactured goods dropped by the most in three years in March and a gauge of business spending plans fell, suggesting factory activity lost momentum as the first quarter ended.
Caterpillar Inc reported a 29 percent rise in first-quarter profit on Wednesday and beat analyst expectations thanks to continued demand for replacement machinery in North America and growth in its mining business.
Caterpillar Inc reported a 29 percent rise in first-quarter profit on Wednesday and beat analyst expectations thanks to continued demand for replacement machinery in North America and growth in its mining business.
The missile?s impact point was somewhere in the Indian Ocean, according to the military unit.
World number one mobile network gear maker Ericsson beat expectations for earnings and margins in the first quarter raising hopes that recent market weakness has bottomed out.
Nissan Motors' Sentra variants may not have left much of an impression with the consumers. However, a redesigned version of the compact sedan is notably a cause for excitement.
The companies whose shares are moving in pre-market trade Wednesday are: Apple Inc, Arm Holdings, Broadcom Corp, Sprint Nextel, Eli Lilly, Amgen Inc, Harley-Davidson, Baidu Inc, ABB Ltd and FMC Technologies.
A senior North Korean military officer has claimed that Pyongyang is equipped with powerful modern weapons capable of defeating the US. This declaration coincides with speculation that the reclusive Asian nation may be planning to conduct a nuclear test, following its failed rocket launch on April 13.
