Angelo Young

The so-called Chinese Momentum Fund is seeking capital from investors abroad for the dollar-denominated fund to invest globally.

Fading inflation fears, among other factors, have weighed on both precious metals.

Apple CEO Tim Cook heads to Washington to defend his company's 25.2 percent effective tax rate.

Yemen, where unemployment is high, is seeing its remittances from rich Saudi Arabia dry up as the latter gets tough on illegal workers.

India moves to drop price of pharmaceuticals. Drugmakers have until the end of June to comply.

The 27-state EU saw an increase in auto sales propped up by U.K. demand and two extra selling days.

The beleaguered department store reported an EPS loss of $1.31. Analysts has expected the loss to be 89 cents.

Seattle-based fashion specialty retailer Nordstrom said gross profit decline related to cost of expanding its off-price division.

After exiting the racing circuit in 2008, the Japanese automaker thinks the smaller F1 engine specs are right up its alley.

Hundreds of residents of Kunming, China, are protesting planned paraxylene production in their backyard.

HSBC will declare 14,000 layoffs through 2016 in an effort to save up to $3 billion.

Wal-Mart's first quarter started soft. The question is whether traffic picked up toward May or not.

Over 1,100 bodies have now been dug out of the rubble of the Rana Plaza building, which collapsed in one the worst factory accidents in the history of Bangladesh’s nascent ready-made garment industry, which only in recent years rose to become the world’s third-largest sewing machine after China and Italy. It’s easy for company executives, for shareholders, and, most of all, for consumers to cast most of the blame for these tragedies -- there have been many and there will be more -- on what is unambiguously the biggest culprit behind the Southeast Asian country’s dismal track record of workplace safety: the Bangladesh government itself.

The new ways to extract light crude and Canada's tar sands are radically changing the oil playing field.

Daniel Loeb is asking Sony officials to consider spinning off the company's entertainment business.

The era of banks deciding for themselves how much to charge one another for money is probably over.

The U.S. Justice Department has confirmed it's looking into alleged "Black Money" ties between Barclays and Saudi King Abdullah's son.

The government is seeking action against Liu Tienan, who was accused in December by a journalist of plotting to kill his mistress.

China industrial output came in at 9.3 percent, below forecast. April electricity production and retail consumption missed targets, too.

The U.S. traffic safety watchdog has received 30 complaints about headlights shutting off at very inopportune times.

Hyundai and Kia are both expanding production in China. Hyundai hints it will soon build a fourth facility there.

The latest India auto sales statistics show a sixth consecutive monthly decline.

Prime Minister Shinzo Abe's policies appear to be helping exporters, according to the latest BoJ report.

The United States' too-big-to-fail banks are apparently also too big to compete.

Beijing says overall inflation increased by 2.4 percent in April. Excluding food? Only 1.6 percent.

One of the more interesting battles going on this proxy season pits the legendary activist investor against the Swiss oil and gas driller.

America's second-largest automaker has a lot of catching up to do in China. The latest figures suggest that's happening.

Overall lending more than doubled in 2012 and loans to commercial enterprises are up 11 percent this year.

Sweet export volume numbers out of China do not jive with other data.