China's Party leaders pledge prudent policies in 2012
China's ruling Communist Party leadership will implement prudent monetary policy and proactive fiscal policy in 2012, the official Xinhua news agency reported on Monday, reiterating the basic policy tone Beijing set at the end of last year.
Wal-Mart to take majority stake in China e-commerce firm
Wal-Mart Stores Inc said on Monday it is taking a controlling stake in Chinese e-commerce firm Yihaodian, as the world's largest retailer seeks new revenue sources to fend off rising competition in the world's fastest-growing major economy.
Apple's legal woes in China offer hope to rivals
Apple Inc's legal row over its iPad trademark in China creates a window of opportunity for rivals such as Lenovo Group Ltd and Samsung Electronics Co Ltd as they try to chip away at the U.S. firm's dominance of the potentially vast Chinese tablet market.
Euro zone officials eye Greek escrow account: Fekter
Euro zone officials are discussing an escrow account for Greek bailout funds as part of a package they will address on Monday, Austrian Finance Minister Maria Fekter said.
Analysis: Euro zone gropes for way out of state-bank dependency
Like drunks at a bar door, the euro zone's governments and banks are leaning unsteadily on each other for support.
Japan's record trade deficit highlights weakening Chinese demand
Japan logged a record trade deficit with China in January as exports dropped by a fifth, underscoring concerns about how sharply China is slowing and its ability to buffer a frail global economy against European turmoil.
Samsung shifts to new TV technology with LCD spin off
South Korea's Samsung Electronics Co, the world's biggest maker of televisions, is shifting its focus towards new generation OLED display technology, and said it will spin off its loss-making LCD flat-screen business into an affiliate.
Wal-Mart increases stake in Chinese e-commerce firm
Wal-Mart Stores Inc said on Monday it has reached an agreement to raise its stake in a Chinese e-commerce firm, Yihaodian, to around 51 percent as the world's largest retailer aims to boost its presence in China's fast growing consumer market.
Fujitsu to launch mobile devices in EU market: report
Japan's largest IT services vendor Fujitsu plans to launch a wide range of smartphone and tablet devices for the first time in Europe, the Financial Times reported on Monday.
Lloyds to Strip Bankers of Bonuses: Report
British bank Lloyds is to strip five current and former senior bankers of more than 1 million pounds in bonuses over their role in the mis-selling of payment protection insurance , the Daily Telegraph reported on Monday.
Japan logs record trade deficit, recovery seen
Japan logged a record trade deficit in January, government data showed on Monday, the clearest evidence to date of pain from a firm yen, a global slowdown and rising fuel imports needed to offset declining use of nuclear power.
Japan Logs Record Trade Deficit in January
Japan posted its biggest ever trade deficit in January, topping the previous record seen during the financial crisis in 2009, Ministry of Finance data showed Monday, underlining concerns that a persistent trade gap may undermine the country's ability to finance its debt.
BRICs, Too, Are Vulnerable to Global Risks
BRIC countries have not become less vulnerable to global shocks despite their strong economic growth over the past four years, a survey showed on Monday.
BRICs no less vulnerable to global risks
BRIC countries have not become less vulnerable to global shocks despite their strong economic growth over the past four years, a survey showed on Monday.
IMF Should Back Greek Pact: Geithner
U.S. Treasury Secretary Tim Geithner said on Sunday the United States would encourage the International Monetary Fund to support an agreement on Greek economic reforms that had been agreed to by Greek leaders.
Stocks may strain to hold 9-month highs
If upcoming earnings from U.S. retailers are as unimpressive as the rest of the profit season has been, Wall Street could face a tough time justifying a stock market at nine-month highs.
Greece and the bridge of fools
The isosceles theorem put forward by the Greek mathematician Euclid became a test in medieval times of one's ability to master more difficult matters. Greece this week faces such a test.
ECB would support euro zone combining firewalls-Asmussen
The European Central Bank would support the euro zone boosting its firewall by combining what remains in its temporary bailout facility with its permanent fund, ECB board member Joerg Asmussen was cited as saying by a German business daily.
Wynn Resorts buys out unsuitable board member
Wynn Resorts Ltd upped the ante in the fight between its billionaire founder Steve Wynn and his former business partner Kazuo Okada, accusing the Japanese gaming mogul of improper payments and forcibly buying back his 20 percent stake in Wynn's casino company at a discount.
China-Malaysia firm rejects S.Sudan accusations in oil row
Chinese-Malaysian oil firm Petrodar, the main oil operator in South Sudan, denied on Sunday it had helped Sudan seize any southern oil, after Juba accused Chinese firms of cooperating with Khartoum in a row between the two countries.
Bahrain Bankers Relieved After Revolt Anniversary, Eye Infrastructure Projects
Bahraini bankers expressed relief on Sunday that the February 14 anniversary of last year's democracy uprising passed without major disruptions but said lenders needed to see more infrastructure projects in the Gulf bank and tourism hub.
Wynn Resorts Forcibly Buys Out Board Member
Wynn Resorts Ltd said it had discovered that board member Kazuo Okada made improper payments to foreign gaming regulators and the company forcibly bought back the Japanese gaming mogul's 20 percent stake in Wynn.
Data collection arms race feeds privacy fears
This week's revelations that Google Inc, Twitter and other popular Internet companies have been taking liberties with customer data have prompted criticism from privacy advocates and lawmakers, along with apologies from the companies.
Bahrain bankers relieved, eye infrastructure projects
Bahraini bankers expressed relief on Sunday that the February 14 anniversary of last year's democracy uprising passed without major disruptions but said lenders needed to see more infrastructure projects in the Gulf bank and tourism hub.
Wall Street Week Ahead: Stocks May Strain to Hold Highs
If upcoming earnings from U.S. retailers are as unimpressive as the rest of the profit season has been, Wall Street could face a tough time justifying a stock market at nine-month highs.
Wall St Week Ahead: Stocks may strain to hold 9-mo highs
If upcoming earnings from U.S. retailers are as unimpressive as the rest of the profit season has been, Wall Street could face a tough time justifying a stock market at nine-month highs.
Wynn Resorts Buys Out 'Unsuitable' Board Member
Wynn Resorts Ltd upped the ante in the fight between its billionaire founder Steve Wynn and his former business partner Kazuo Okada, accusing the Japanese gaming mogul of improper payments and forcibly buying back his 20 percent stake in Wynn's casino company at a discount.
Riot police guard Greek assembly as protesters gather
Riot police shielded Greece's national parliament on Sunday as demonstrators protested against austerity measures on the eve of talks in Brussels on a 130-billion-euro ($171 billion) bailout needed to avert bankruptcy.
Egypt Tech Spending Fell in 2011, More Gloom for 2012: IDC
Spending on information technology fell 13 percent in Egypt last year after the fall of former president Hosni Mubarak and will be flat for 2012 as a political void stalls government investment in the sector, IDC said on Sunday.
Egypt tech spend fell in 2011, more gloom for 2012: IDC
Spending on information technology fell 13 percent in Egypt last year after the fall of former president Hosni Mubarak and will be flat for 2012 as a political void stalls government investment in the sector, IDC said on Sunday.