With Japan's gross domestic product contracting in the third quarter compared to that in the previous quarter, investors feel that there is an urgent need to take measures for enhancing the growth potential of the economy.
The Ikea Group has apologized for using forced labor in the former German Democratic Republic to manufacture certain products. The company acknowledged it was aware of the forced-labor conditions and profited from the practice.
A $500 million settlement for an animal abuse case has been reached on Friday. The case involved animal abuse in a slaughterhouse which led to 2008's meat recall in the United States.
White House officials are discussing a plan to delay and diminish the so-called fiscal cliff, according to a published report.
Hostess had set a 5 p.m. EST deadline for striking union employees to return to work. That deadline has passed on Thursday and Hostess says an announcement about liquidation is expected on Friday.
A rebound in agricultural production following a 2011/12 drought probably buoyed Argentina’s gross domestic product in the third quarter.
BP agreed to plead guilty to 11 felony criminal charges and one misdemeanor charge, and to pay the fine over five years.
The Philippines’ industrial output rose in September compared to that in the same month last year, indicating that the country’s economic growth momentum is continuing.
Twinkies may be able to survive an atomic bomb but it may not survive bankruptcy. Hostess has given the striking bakers an ultimatum; come back to work or Hostess will be forced to liquidate.
Protesters across Spain Wednesday seemed as focused on demonstrating against the government as on harassing strike-breakers.
It was the first contraction in three months. But don't blame the weather, unless you mean the climate in Washington.
The euro zone is in its worst downturn since the early days of 2009.
India’s wholesale price index rose at a slower rate in October than that in the previous month, showing signs of a gradual decline in price pressure to make room for monetary easing.
South Korea’s unemployment rate grew at a slower pace in October than expected, moderately raising the optimism that the economy of the country is on the path of recovery.
Investor confidence in Germany fell suddenly and unexpectedly for the Month of November according to a new survey conducted by the ZEW Institute, suggesting that the Eurozone crisis has finally hit Germany.
Data releases this week are expected to show some of the economic impact caused by Sandy.
Japan’s economic indicators have deteriorated since Sept., suggesting the nation has entered its 5th recession in 15 years.
Japan’s industrial output declined in September compared to that in the previous month, indicating that the weak global demand is continuing to have its impact on the country’s economy.
Congress heads back this week to an abbreviated session. Lawmakers will address the so-called fiscal cliff. Here's what's at stake.
India’s industrial output fell in September compared to that in the same month last year, indicating that the weak global demand is continuing to have its impact on the country’s economy.
Japan’s tertiary industry activity index rose in October, indicating that the total value of services purchased by businesses is rising, which could give the much required support to the country’s faltering economy.
Japan's gross domestic product contracted in the third quarter compared to that in the previous quarter due to the soft global demand and the weakening domestic consumption in the world's third biggest economy.
Natural disasters don't “help” an economy, but rebuilding efforts can provide a modest boost to economic growth for a while.
The global economy continues to recover at a subdued rate at the beginning of the fourth quarter with the growth in the service industries remaining undermined by the contraction in the manufacturing sector.
Black Friday, that day that gets thousands to line up in the cold for a chance at scoring some deep discounts, is fast approaching and many deals have already been leaked. Should retailers be concerned about these leaked deals in the weeks leading up to Black Friday?
HSBC, which is already embroiled in a money-laundering scandal that could lead to large fines and possible criminal charges, now also faces a new tax scandal. British tax officials are said to be examining bank accounts opened in the tax haven of Jersey.
Some skeptics have questioned whether the upbeat reading on China's economic activity can be believed.
China’s industrial production rose in October compared to that in the previous month, indicating an upswing in the manufacturing output.
The Bank of Korea Friday announced its decision to keep the policy rate at 2.75 percent but the market participants feel that additional stimulus measures are urgently needed to give a boost to the country's weakening economy.
China’s consumer inflation unexpectedly slowed to a 33-month low on slowing food-price gains, the government announced Friday, while producer-price deflation eased in a sign of rebounding industrial demand.
