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Exports have long been China’s main driver of its economic growth.

U.S. Stocks Open Lower on China Data, JPM Earnings

U.S. stocks edged lower on Thursday on news that growth in Chinese trade slowed in September. Before the market opened, JPMorgan Chase (NYSE:JPM) reported third quarter earnings of $1.02 per share, which exceeded expectations.
iPhone 4S

iOS 5 Released: 5 Things You Need to Do Before Upgrading

Apple on Wednesday released iOS 5, its most advanced operating system for mobile Apple devices, along with its iCloud service. After waiting a relatively a long time for an updated mobile operating system, users of devices that run on previous versions of iOS can upgrade their operating systems and gain access to more than new 200 features, many of which have been rumored since July. The devices that are compatible with iOS 5 include the iPad and iPad 2, the iPod Touch 3rd and 4th generation mod...
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Europe Awaits Italy Bond Sale; Markets Flat

Italy was set Thursday to test fragile investor confidence in the euro zone's ability to heal its debt problems, with a sale of bonds, while weaker Chinese trade data acted as a reminder of broader economic problems.
A money dealer counts the Nigerian naira on a machine in his office in the commercial capital of Lagos

Nigeria naira firms as cbank feeds dlr demand

The Nigeria naira firmed sharply against the greenback on Wednesday after the central bank pumped dollars into the market and cleared all forex demand at its bi-weekly auction, signalling its determination to support the local currency.
An electronic board displaying movements in major indices is seen at Johannesburg stock exchange in Sandton

BRICS exchanges to cross-list indexes

Stock exchanges from six of the world's largest emerging markets will join forces to cross-list equity indexes derivatives, to target investor demand for fast-growing economies.
A South African child holds a 50 rand note in a file photo

ANC Treasurer General likes weaker rand

The recent weakness of the rand will benefit South African exporters and is positive for the economy, the treasurer general of the ruling African National Congress said on Wednesday.
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Chinese Stocks Lead Bounce in Asian Markets

A rebound in Hong Kong and Shanghai shares helped lift most Asian stocks into positive territory Wednesday, but concerns that Europe's debt crisis has hurt confidence in the global economy and is weighing on corporate earnings limited gains.
Global Warming Makes Chocolate Dearer

Global Warming Makes Chocolate Dearer

New findings by the International Centre for Tropical Agriculture (CIAT) reveals that if preventive measures are not taken, the annual temperature increases and changing rainfall patterns would most likely hamper crop production efforts in West Africa, which currently supplies half of the world's cocoa produce.

The Earnings Story Just Took a Hit

Days before third quarter earnings season began on Tuesday with Alcoa’s (NYSE:AA) earnings report, many analysts were optimistic because expectations have been set so low.
Stock exchange

U.S. Stocks Mixed, Alcoa up Ahead of Earnings

U.S. stocks are mixed on Tuesday as investors eye Slovakia's vote on the EFSF expansion and Alcoa's (NYSE:AA) earnings report. Investors seem upbeat as Alcoa shares have surged 2.78 percent in afternoon trading.

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