IBT Staff Reporter

57211-57240 (out of 154944)

Chuseok— A Festival With Two Faces

The day is almost half-way over as the sun slowly fades in brightness over Hongdae, where hundreds of restaurants, bars, night clubs, and shops cover the streets and become an important center for night life in Seoul, South Korea.

Japan sees G7 understanding on forex action

The yen took a back seat at the Group of Seven finance ministers' meeting, which grappled with Europe's debt crisis and global economic slowdown, but Japan said it met little resistance to further intervention.

Commodity imports shows China economy resilient

China's key commodity imports, including crude oil, copper and iron ore, all climbed in August from the previous month, adding to evidence that demand in world's second-largest economy was still going strong despite the economic turmoil in the West.

China August trade surplus dips as exports off peak

China's trade surplus fell sharply in August as exports pulled back from a record high and imports jumped, indicating the world's second-largest economy is feeling the pinch from weaker global growth while domestic demand remains resilient.

Tea Party Is Alone in Denying Climate Change, Poll Finds

The majority of Democrats, Republicans and Independent voters all believe that climate change is happening, according to a new poll. Only the Tea Party does not. What does this mean for Republican presidential candidates who want to do well both in the primaries and in the general election?

Internap not for sale, bets on data center growth: CEO

Internap Network Services Corp, a provider of services that help improve Internet connectivity, is not up for sale at a time when a wave of consolidation is sweeping through the fast-growing telecom networking industry.

NBC News Twitter hacked with fake attack messages

The NBC News Twitter feed was hacked on Friday by a group that claimed a hijacked plane, in a fresh attack, had crashed into the site where New York's twin towers were destroyed in September 11 attacks 10 years ago.

31 million watch Obama jobs speech on TV

More than 31 million Americans watched President Barack Obama deliver his agenda for creating jobs in a speech broadcast live on television, ratings data showed on Friday.

IMF staff see increased funding needs from crisis

International Monetary Fund resources could prove to be sorely lacking if global financial conditions worsen and more countries turn to the global lender for financial rescues, IMF staff said in an internal document.

Head of Russia's Rosneft could be removed: sources

The president of Russian oil producer Rosneft could soon be replaced, industry sources said on Friday, little more than a week after the state company signed an Arctic offshore development deal with ExxonMobil .

U.S. readies papers v. Swiss banks on tax evasion

The United States is drafting legal documents that seek to force nearly a dozen Swiss banks and international banks with Swiss branches to disclose the identities of American clients evading billions of dollars in taxes, sources briefed on the matter said.

John Wiley eyes greater share of e-book sales: CEO

Publisher John Wiley & Sons Inc said it is planning a major digital push to grab a bigger slice of the lucrative e-book market, which is witnessing an explosive growth, fueled by the popularity of tablets and e-readers.

Wall Street tumbles as ECB discord stirs broad fears

Stocks tumbled more than 2 percent on Friday after the top German official at the European Central Bank resigned in protest of the bank's bond-buying program, which has been a major tool in fighting the region's debt crisis.

What the Bank of America shakeup means for you

The recent executive shake-up at Bank of America followed by reports of massive layoffs at the bank may leave you wondering what the turmoil means for you - either as a client of the banking colossus and Merrill Lynch, the brokerage firm it owns, or as a shareholder.

Exclusive: Evernote considers IPO as growth picks up

Evernote, which makes a popular app for taking notes and storing data on tablets, phones and personal computers, is considering filing for an initial public offering by the end of next year, its chief executive told Reuters on Friday.

Caterpillar says has worker shortage despite job woes

Caterpillar Inc is struggling to add skilled workers in its manufacturing operations despite high U.S. unemployment levels that have forced President Barack Obama to take extraordinary measures, the company's chief executive said on Friday.

Top German quits ECB over bond-buying row

The top German official at the European Central Bank resigned unexpectedly on Friday in conflict with the bank's policy of buying government bonds to combat the euro zone's debt crisis.

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