South Korea freezes key rates at 2.5 pct
South Korea chose to freeze its key interest rates on Thursday, after hiking rates twice this year, as the global economic recovery slows down and tensions rise on the border.
Google's Android closing gap on Nokia's Symbian
Google's Android mobile operating system has closed the gap on market leader Nokia's Symbian, just two years after its launch.
Futures rise as Treasuries steady, jobs data due
Stock futures rose modestly on Thursday as Treasuries steadied after a jump in yields, while data on the labor market was expected later in the morning.
Special Report: After U.S. failure, HSBC pushes into China
Edward Chow remembers the nervous days of the early 1990s in Hong Kong, when tens of thousands of people left the then-British colony, fearful of what would happen when Chinese rule returned.
Lara Bingle dumped as face of Speedo
Bingle has taken to Twitter to rant about her ouster as Speedo's face
StanChart sees double digit profit growth for 2010
U.K. lender Standard Chartered Plc sees double digit pretax profit growth for 2010 at its consumer and wholesale banking segments, and that it is tracking towards a strong performance in the full year.
Demi's lawyers work out a financial deal with assault victim
Demi Lovato's lawyers work out a financial deal with the girl who was punched by her. The assault victim was Alex Welch, a backup dancer.
UPS to hike dividend, buy back more stock: CFO in paper
United Parcel Service plans to woo shareholders with a higher dividend and more share buybacks rather than use strong cashflow for large acquisitions, chief financial officer Kurt Kuehn told a German newspaper.
Enrollments in foreign language study rise in US colleges
The latest study from the Modern Language Association of America shows a 6.6% rise in enrollments in foreign language courses among undergraduate and graduate students between 2006 and 2009
Mastercard set to buy part of Travelex: sources
MasterCard is set to buy the card program management arm of British foreign exchange group Travelex and a deal may be announced on Thursday, sources with knowledge of the matter told Reuters.
Stock index futures signal more gains
U.S. stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500 up 0.3 percent, Dow Jones futures up 0.3 percent and Nasdaq 100 futures up 0.2 percent. at 1051 GMT.
Analysis: WikiLeaks battle: a new amateur face of cyber war?
The website attacks launched by supporters of WikiLeaks show 21st-century cyber warfare evolving into a more amateur and anarchic affair than many predicted.
UPS to hike div, buy back more stock: CFO in paper
United Parcel Service plans to woo shareholders with a higher dividend and more share buybacks rather than use strong cashflow for large acquisitions, chief financial officer Kurt Kuehn told a German newspaper.
More billionaires pledge to give away wealth
Another 17 U.S. billionaires, including Facebook co-founders Mark Zuckerberg and Dustin Moskovitz, have pledged to give away at least half their fortunes in a philanthropic campaign led by Warren Buffett and Bill Gates.
EU court opinion: eBay not liable on trademark dispute
Internet auction site eBay is generally not liable for trade mark infringements committed by users on its site, the European Court of Justice said in a non-binding opinion issued on Thursday.
World stocks gain again, U.S. bonds steadier
World stocks ratcheted higher on Thursday, adding to December's rally, and U.S. Treasuries steadied following their recent sharp sell off.
Hyundai workers to end strike
Temporary workers at Hyundai Motor <005380.KS> on Thursday agreed to end a one-month sit-in, pushing up shares of the South Korean top automaker.
U.S. yields slip after 2 days of gains, stocks gain
U.S. Treasury prices edged up on Thursday as bargain hunters entered the fray after a two-day surge in yields while Asian stocks rose on hopes that stimulus measures will help the U.S. economy in the near term.
Morgan Stanley set to cut bonus payouts: report
Morgan Stanley is planning to pay out 10 to 25 percent less bonus this year to its employees, owing to volatile market conditions, the Wall Street Journal said, citing a person familiar with the situation.
Special Report: The Chinese consumer awakens
XIAHE, China - In the Tibetan monastery town of Xiahe, Gyelyanjia is visiting for a festival and taking the opportunity to do some shopping.
WikiLeaks backers hit MasterCard and Visa in cyberstrike
Credit card giants MasterCard and Visa came under intense cyber attack on Wednesday as supporters of WikiLeaks retaliated for moves against Julian Assange after the release of U.S. diplomatic cables that angered and embarrassed Washington.
U.S. yields slip as selloff pauses, dollar down
U.S. Treasury prices edged up on Thursday as bargain hunters entered the fray after a violent two-day surge in yields, pulling the dollar lower, while Asian stocks rose on hopes added fiscal stimulus will help the U.S. economy in the near term.
Euro Dämmerung
Germans are now the world's number one Gold Bar buyers. Germany's swivel-eyed gold bugs simply show more imagination than journalists, policy-makers and academic economists.
U.S. tax deal squeezes potential home buyers
For Kathryn Confer, refinancing the mortgage on her home in Erie, Pennsylvania, became a race against time -- first because she was drowning under a 10.5 percent interest rate and then because of the U.S. Congress.
Attacks on credit card sites a grass-roots effort
Supporters of WikiLeaks founder Julian Assange quickly built a cyber army that shut down the websites of the world's two biggest credit card companies using simple tools posted on the Internet.
Attack on MasterCard site a grass-roots effort
Advocates of WikiLeaks founder Julian Assange quickly built a cyber army that took down MasterCard Inc's website using simple tools posted on the Web.
SEC charges uncle, nephew with insider trading
The Securities and Exchange Commission charged a Maryland business consultant and his uncle with insider trading, saying they used codes from the 1987 movie Wall Street to try to hide their scheme.
Wikileaks backers hit MasterCard, Visa in cyberstrike
Credit card giants MasterCard and Visa came under intense cyber attack on Wednesday as supporters of WikiLeaks retaliated for moves against Julian Assange after the release of U.S. diplomatic cables that angered and embarrassed Washington.
Chinese tech companies soar in debut
The shares of two companies considered to be China's YouTube and Amazon.com soared in their U.S. debuts on Wednesday, as investors bet they could become dominant in a still-nascent market.
Google says shut out of USDA cloud computing deal
Google Inc didn't get the chance to compete for the largest federal government cloud computing deal yet announced, according to the Web firm, adding to its concerns that government agencies are unfairly favoring rival Microsoft Corp.