NEWS

Hyundai Motor Co's quarterly profit jumped by nearly half to a record high thanks to a weaker won boosting offshore sales and government incentives at home, factors which should help it outperform rivals this year.

Starbucks Corp. shares were among the biggest gainers of the day, as the stock jumped more than 18 percent on Wednesday, a day after reporting a profit for the third fiscal quarter and a despite lower revenues.

Shares of Yahoo Inc rose 3 percent in late Wednesday afternoon trading, bouncing back from a sharp decline earlier in the day.

World stocks backed away from nine-month highs on Wednesday as worse-than-expected euro zone industrial figures and a warning about rising unemployment from U.S. Federal Reserve Chairman Ben Bernanke broke a seven-day winning streak.

Gold futures ended slightly lower on Tuesday as U.S. Federal Reserve Chairman Ben Bernanke's strong resolve to battle inflation could prompt bullion investors to take profits in the near term.

Google Inc is not responsible for allegedly defamatory online comments that appeared in its Internet search results, a British judge ruled in a decision made known on Monday.

Asian shares extended gains on Friday on hopes the global recession is receding after key U.S. companies beat earnings expectations, but deadly blasts in Jakarta weighed on Indonesian stocks and the rupiah.

Most Asian shares extended gains on Friday as key U.S. earnings reports beat expectations, fueling hopes that the global recession is receding, but deadly explosions at two Jakarta hotels weighed on Indonesia stocks and the rupiah.

Asian share markets gained for a second session on Wednesday as blockbuster results from tech bellwether Intel Corp seemed to augur well for the U.S. earnings season and for consumer demand globally.

Asian share markets gained for a second session on Wednesday as blockbuster results from tech bellweather Intel Corp seemed to augur well for the U.S. earnings season and for consumer demand globally.

Asian shares fell 2.6 percent on Monday, with Japan's Nikkei down for a ninth straight day, as concerns about company earnings outlooks weighed, while oil languished near a six-week low as faith in a rapid economic recovery faded.

Even if President Lula da Silva is wrong when he said God must be Brazilian, the country is still experiencing miracles in terms of its notable economic progress while a greater part of the world has lagged due to the economic recession.

Japan's Nikkei share average and oil prices hit six-week lows on Wednesday as investors pulled funds out of bets on the global economy's recovery and favored safe havens, such as the U.S. dollar and government bonds.

The top regulator of U.S. futures markets is considering a clampdown on excessive speculation in energy and commodity trading by restricting holdings of big players, part of a broader move by the Obama administration to stabilize the financial markets.

China, Russia and Brazil will use this week's G8 summit in Italy to push their view that the world needs to think about a new global reserve currency as an alternative to the dollar, officials said on Tuesday.

The regulator of the U.S. futures markets is considering tough new rules to clamp down on speculative trading in energy and other commodities and will hold public hearings in the next few weeks to seek comment.

The financial crisis has laid bare defects in the dollar-led global economy and the world should look to displace the U.S. currency, even if that will take many years, Chinese officials said in comments published on Monday.

Markets got off to a hesitant start Monday as investor doubts on the staying power of a global recovery kept Asian stocks soggy and currencies subdued ahead of a much-expanded Group of Eight meeting this week.

Major countries should support the dollar as the key international currency, although emerging nations may discuss a new global reserve currency on the sidelines of the G8 summit next week, a Japanese official said on Friday.

Major countries should support the dollar as the key international currency, although emerging nations may discuss a new global reserve currency on the sidelines of the G8 summit next week, a Japanese official said on Friday.

General Mills Inc , forecast better-than-expected earnings for the current fiscal year, helped by new products and moderating commodity costs.

Investors will be watching the release of U.S. automakers' June auto sales for insight into the resilience of consumers. Economists in a Reuters survey expect annualized sales of 3.33 million cars and 4.00 million trucks. In May, car sales stood at 3.35 million, and truck sales were 4.03 million.

Congress is eyeing ways to make sure speculative trading helps commodity markets rather than distorting pricing signals, U.S. Agriculture Secretary Tom Vilsack said in a Reuters Television interview Monday.There are concerns, Vilsack said, noting he has spoken about the issue with Tom Harkin, chairman of the Senate Agriculture Committee.I suspect that there will probably be an effort to make...

Monsanto Co posted a smaller-than-expected slide in quarterly profit on Wednesday and said it would cut jobs and realign its Roundup herbicide business as surprisingly strong competition hammered sales.

Monsanto Co, the world's biggest seed company, posted a smaller-than-expected slide in quarterly profit on Wednesday and said it would cut about 900 employees and realign its declining herbicide business, news that sent its shares higher.

Monsanto Co , the world's biggest seed company, posted a 14 percent drop in quarterly earnings on Wednesday and said it planned a restructuring that would cut about 900 employees and separate its declining herbicide business.

A company in Germany is installing vending machines that dispense gold bars and coins, instead of the usual snacks and candy bars, in the nation’s airports and railway stations.

Asian stocks outside Japan fell for a fourth day on Wednesday, weighed by resource-related shares and doubts about a global economic recovery, while U.S. Treasuries eased on profit taking after a surge overnight.

Most stocks in Asia edged lower on Wednesday, weighed down by resource-related shares and doubts about a global economic recovery, while oil slipped below $70 a barrel ahead of U.S. inventory data that could reflect slowing energy demand.