A political impasse over a new bailout for Greece dominated the tone of trading in risky assets Monday, as U.S. investors - whose attention had been on U.S. economic developments the week prior - once again focused on the Continent.
Official investigations into a massive fraud at Japan's Olympus Corp are highly likely to lead to further revelations on the scandal soon, according to the firm's former chief executive, Michael Woodford, who blew the whistle on the affair.
Three years after receiving a hefty bailout check from the United States government and enduring a bankruptcy and restructuring process, General Motors Co. is set on attaining a goal of earning more than $10 billion a year.
Hopes of India and the European Union striking a free trade deal at a summit this week are fading fast, with differences over duties on cars and market access for software and service companies standing in the way of an accord.
The BSE Sensex rose for the fifth straight session on Monday, ending 0.58 percent higher, after last week's robust U.S. jobs data helped improve risk appetite, but the rally in the local market is expected to take a breather soon.
Shares of Micron Technology fell 3 percent Monday after the chipmaker appointed Mark Durcan, president and COO, to the top spot.
Japan's Mitsubishi Motors Corp <7211.T> said it will end production at its only western European plant, in the Netherlands, at the end of this year, a move that was expected as its sales in Europe have dropped to a third of their peak.
The BSE Sensex rose more than 1 percent on Monday as surprisingly robust U.S. jobs data added to investor confidence about a turnaround in the world economy and bolstered the outlook for foreign fund investments.
Asian shares rose on Monday as surprisingly robust U.S. jobs data bolstered investors' risk appetite, but the euro sagged on worries over a lack of progress in Greek debt restructuring talks which are vital to containing the euro zone crisis.
Asian shares rose on Monday as surprisingly robust U.S. jobs data bolstered investor risk appetite, overshadowing worries about a lack of progress in Greek debt restructuring talks that are vital to containing the euro zone crisis.
Japan's Nikkei share average advanced to a three-month high on Monday as the U.S. economy showed further improvement with forecast-beating jobs data, boosting hopes for Japanese firms, which have disappointed in the latest quarterly earnings season.
Asian shares rose Monday as surprisingly robust U.S. jobs data bolstered investor risk appetite, overshadowing worries about a lack of progress in Greek debt restructuring talks that are vital to containing the euro zone debt crisis.
Official investigations into a massive fraud at Japan's Olympus Corp are highly likely to lead to further revelations on the scandal soon, according to the firm's former chief executive, Michael Woodford, who blew the whistle on the affair.
The United States is coming to be seen as a global threat, acting unilaterally with aggressive new market rules that critics say will hurt U.S. firms, foreign banks, and international markets in one swoop.
Japan's troubled Olympus Corp. said on Sunday it will hold an extraordinary shareholders meeting on April 20, when it is expected to seek approval of a new management team. The company is struggling to emerge from a $1.7 billion accounting scandal and is continuing operations under a hobbled board.
Welcome to the airport terminal of the future.
Internet activist group Anonymous published a recording on Friday of a confidential call between FBI agents and London detectives in which the law-enforcement agents discuss action they are taking against hacking.
Almost every major global economy showed positive momentum in the manufacturing sector during January, according to data compiled by various economic-research organizations.
As the fallen cruise ship Costa Concordia slowly sinks into the unforgiving waters, it takes with it millions of dollars consisting of jewelry, cash, antiques, silverware, glassware, and thousands of art objects, including 300-year-old prints from Japan. Beneath tossing waves of the Mediterranean Sea, the treasure lies trapped on board.
Detroit automakers are urging President Barack Obama to reject Japan's bid to join talks on a regional free trade agreement, the head of an automotive group representing GM, Ford and Chrysler said on Thursday.
British police said on Friday they were investigating reports that the activist hacker group Anonymous had hacked into a conference call between FBI agents and London detectives to discuss action they were taking against hacking.
British police said on Friday they were investigating reports that the activist hacker group Anonymous had hacked into a conference call between FBI agents and London detectives to discuss action they were taking against hacking.
