IBT Staff Reporter

Samsung Electronics' stronger-than-expected quarterly earnings forecast on Tuesday failed to impress investors, who are worried a fast recovering won and competition are starting to cut into profits.

The dollar fell across the board on Tuesday while world stocks rose after Australia became the first developed economy to raise interest rates in more than a year and data showed the U.S. services sector expanded for the first time since 2008.

The U.S. Federal Reserve must pre-emptively state it will not buy more Treasury bills in order to implement a cohesive exit strategy from the massive monetary bailouts it has provided, economic consultants Ian Bremmer and Nouriel Roubini wrote in an opinion column on the Wall Street Journal's website.

The Obama administration's pay czar plans to cut the cash salaries of the top employees at seven firms that have received large sums of government aid, in a bid to reshape their compensation packages, the Wall Street Journal said on Tuesday, citing people familiar with the matter.

Gulf Arab oil exporters will stay with the dollar as the currency for trading crude, a source in the United Arab Emirates central bank said on Tuesday.

Australia's central bank raised its key cash rate by 25 basis points to 3.25 percent on Tuesday and heralded more to come, saying it was safe to row-back on stimulus now that the worst danger for the economy had passed.

Australia's central bank raised its key cash rate by 25 basis points to 3.25 percent on Tuesday and heralded more to come, saying it was safe to row-back on stimulus now that the worst danger for the economy had passed.

South Korean and Indian shares fell on Tuesday after Australia's interest rate hike showed that stronger Asian economies were starting to reverse emergency stimulus policies, hitting markets seen as likely to lift rates.

U.S. Treasury Secretary Timothy Geithner on Tuesday called on the International Monetary Fund to provide rigorous surveillance to spot new investment bubbles and keep country foreign exchange policies in line with goals to rebalance the global economy.

A newspaper report that Gulf Arab states are in secret talks to replace the U.S. dollar in the trading of oil is wrong, Saudi Arabia's central bank chief said on Tuesday.

Ask, the search engine owned by IAC/InterActiveCorp, unveiled a new service on Tuesday to help consumers seek out coupons for saving money when shopping online.

Ask, the search engine owned by IAC/InterActiveCorp, unveiled a new service on Tuesday to help consumers seek out coupons for saving money when shopping online.

The dollar skidded against the euro and the yen on Tuesday after a British newspaper reported that Arab states were in talks to end using the dollar for oil trading, but Asian shares rose as U.S. services sector data lifted investors' mood.

Although new research links mercury in seafood with high blood pressure, this isn't reason enough for most people to stop eating fish, the study leader says.

U.S. Treasury Secretary Timothy Geithner on Tuesday called on the International Monetary Fund to provide rigorous surveillance to spot new investment bubbles and keep country foreign exchange policies in line with goals to rebalance the global economy.

Taking a popular type of antidepressant during pregnancy may increase the risk for preterm birth, the need for treatment in a neonatal intensive care unit and lower overall health for the baby, according to a new study.

People who follow a Mediterranean-style diet rich in vegetables, fruits, nuts, whole grains and fish are less likely to become depressed, scientists said on Monday, but the reasons are unclear.

Britain's The Independent newspaper said on Tuesday that Gulf Arab states were in secret talks with Russia, China, Japan and France to replace the U.S. dollar with a basket of currencies in the trading of oil.

The Walt Disney Co and Universal studios unveiled changes at the top on Monday, as Hollywood's worst-performing major houses try to turn things around in a potentially record year at the box office.

Britain's The Independent newspaper on Tuesday reported that Gulf Arab states were in secret talks with Russia, China, Japan and France to replace the U.S. dollar with a basket of currencies in the trading of oil.

Google Inc is partnering with privately held Energy Inc to provide households with free energy management software, bypassing utilities' smart meters and potentially boosting energy efficiency, the company said on its blog on Monday.

Microsoft Corp said on Monday that passwords belonging to some users of its Hotmail email service were exposed on an Internet site, but had since been taken down.

In one of the quirkiest book cults America has never heard of, a round-snouted troll is hauling consumers' wallets from their pockets despite the worst recession in decades.

Firms ranging from airlines to agribusiness would be exempt from new rules on compulsory clearing of derivatives transactions under a bill in Congress aimed at tightening oversight of the financial system.

China's retail sales had reached 14 billion yuan (about 2 million Dollars) during the first three days of China National day Holiday, up 15 percent from the same period of last year, China Ministry of Commerce said yesterday.

Fertilizer maker Mosaic Co posted a 91 percent drop in fiscal first-quarter profit on Monday, but expressed optimism that farmers would increase fertilizer purchases in the near future.

Apple Inc on Monday became the latest company to quit the U.S. Chamber of Commerce because the technology company disagrees with the business group's climate change policy.

Dr Pradeep Taneja says that while communism in China is dead 'practically', the 60th anniversary of the creation of the People's Republic of China is particularly significant.

The Australian academic profession is headed for crisis due to a lack of academic staff, unless major change takes place.