Futures on major U.S. stock indices point to lower opening on Tuesday, following declines in European and Asian stock markets as continued political unrest in the Middle East weighed on the sentiment.
Officials from China and Taiwan gathered in the Taiwanese city of Chungli on Tuesday to sort out contentious issues in the comprehensive Economic Cooperation Framework Agreement (ECFA), which was signed in June last year.
German automaker BMW launched a new sub-brand BMW i that is expected to unveil two vehicles in 2013.
Chelsea look to rebound from lackluster performances
Oil prices have jumped in response to the growing chaos in oil producer and OPEC member Libya and the potential for the escalation of unrest in Iran, OPEC’s second biggest oil producer..
Petroleum distributor Shell Mauritius Ltd said on Monday that parent Royal Dutch Shell planned to sell three quarters of its stake in the company to two joint venture partners.
China Everbright Bank may raise around $7 billion through a share sale in Hong Kong just six months after its Shanghai IPO, leading the way for more fundraising by smaller banks.
The Silver Price rose $1.49 per ounce from Friday's London Fix – a gain of 4.7% to new 31-year highs, and silver's fifth largest one-day move of the last 30 years in Dollars and cents. The market is starting to look towards the record high of $1430 for gold against the backdrop of silver making fresh highs.
Silver touched its highest USD price in 31 years and palladium a 10-year peak. Gold prices rose above $1,400 an ounce on Monday for the first time in nearly seven weeks as violence flared in north Africa and the Middle East, boosting interest in the precious metal as a haven from risk.
China threw its weight around at G-20 negotiations to exclude from the final communiqué references to 'foreign exchange reserves' and 'fiscal deficit' as possible causes of global economic imbalances.
China's Commerce Ministry said Chinese businesses faced damaging obstruction in efforts to invest in the United States after China's Huawei pulled out of bidding for U.S. company 3Leaf's assets following pressure from a Washington panel.
Gold inched up on Monday, adding to a weekly gain of nearly 3 percent last week as fears over a European debt crisis and growing unrest in the Middle East underpinned investor sentiment.
Treasury Secretary Timothy Geithner on Saturday pointed to the problems China's tightly controlled currency poses for other developing economies and said Beijing still had further to go to let its currency rise.
Cumulus Media Inc. confirmed it is in exclusive talks to buy Citadel Broadcasting Corp for $37 a share in cash and stock, valuing the company in excess of $2 billion.
It’s not exactly groundbreaking research, but PIMCO’s Mark Taborsky and Sebastien Page just released a well-constructed chart illustrating the outperformance of the carry trade versus the S&P 500 in the last decade.
U.S. stocks rose Friday, marking the third straight week of market gains, as investors warily watch continuing unrest in the Middle East and North Africa, along with the start of a two-day meeting of G20 finance ministers and central bankers in Paris.
The months of negotiations between TerreStar Networks and its creditors may well have been for nothing, as EchoStar has pulled out of an agreement to backstop the company's bankruptcy plan.
With growing inflation in China, policymakers are facing tough decisions. This column argues that if the government is to curb inflation without allowing for the deflation of the tradables, it should do so through sector focused policies.
Silver Prices today jumped to fresh 31-year highs at $32.84 per ounce, outpacing the rise in gold prices more than 3 times over since the two metals turned sharply higher three weeks ago.
China Overseas Land and Investment Ltd, the country's largest developer bymarket value, said it aims to record 20 percent growth in netprofit this year, betting that it can ride through governmentmeasures to cool the market.
Cash is a “dead asset,” which earns nothing, and mergers and acquisitions (M&A) is in, said Gary Parr, vice chairman of investment bank Lazard and one of the leading authorities in the world on M&A.
China's top nickel producer and third-biggest copper producer Jinchuan Group Ltd is seeking a local listing for its technology unit this year, after it bought a Hong Kong-listed firm for its overseas resource assets, a top executive said on Friday.