China's trade surplus widened to $31.73 billion in June, up 42.9 percent compared to the same month in last year amid slower-than-expected growth in imports, raising concern that the world's second largest economy isn't doing enough to stimulate domestic demand and avert a slowdown.
China is finishing a major housing project outside Luanda, paid for with oil, but nobody's buying. To do so, the average Angolan would need to work 160 years.
BMW AG (Frankfurt: BMW) will increase Mini production in a big way with a £250 million ($387 million) investment over three years in UK manufacturing, the BBC reported Monday.
Camden, N.J.-based Campbell Soup Company (NYSE:CPB) announced Monday it was acquiring food and beverage company Bolthouse Farms Inc. for $1.55 billion from a fund managed by private equity firm Madison Dearborn Partners, LLC.
A panel constituted by India's Finance Ministry to look into the implementation of the controversial General Anti Avoidance Rules (GAAR) policy Monday decided to reduce the number of illustrative examples in the draft guidelines.
The territorial dispute in the South China Sea is expected to drive the talks during the 19th ASEAN Regional Forum (ARF) beginning Monday in Cambodia. The confrontational rhetoric between China and the U.S. over the South China Sea will also form the focus of the discussions that will be attended by top officials from the 10 member nations.
The rate of inflation in China slowed down in June from the previous month, showing signs of a gradual decline in price pressure to make room for monetary easing.
Asian markets fell Monday as investor sentiment turned negative with economic data from Japan and the U.S. indicating the faltering economic growth.
Cutting federal spending in 2012 could tip the U.S. economy back into a recession, just as it almost did in 1937. On the contrary, if the federal government spent more on infrastructure and public works projects now and in the immediate quarters ahead, it would create millions of jobs.
Newly-elected Egyptian President Mohamed Morsi will head to Saudi Arabia on Wednesday, on his first official foreign visit after taking charge.
Asian stock markets face the week with sentiment leaning negative as economic news, particularly from China, is likely to disappoint investors.
China's announcement of the unexpected interest rate cut this week has given an indication to market players that policymakers are increasingly rattled by the state of the economy.
As the U.S. government spends an unprecedented amount of money to fix the economy, there's an equal need to raise the cash needed to pay for those fixes. As a result, Uncle Sam is forced to borrow from countries with high savings rates, such as China, to help cover the budget deficit.
One standout film at South By Southwest this year was undoubtedly The Do-Deca-Pentathlon. Written and directed by Jay and Mark Duplass, two notable bed head cinema figures, the uplifting indie is both hilarious and touching.
Hopes that emerging markets will lead the world out of the global economic slowdown are beginning to dim.Christine Lagarde, managing director of the International Monetary Fund (IMF), voiced her concerns over the strength of the global economy, emphasizing that emerging markets, which currently account for two-thirds of global growth, were showing signs of weakening.
Even though Rinehart's fortune is now more than ten times that of Oprah Winfrey, few outside her native Australia have ever heard of her.
Samsung?s flagship smartphone, the Galaxy S3, is expected to drive the company?s profits to $5.9 billion for the second quarter, according to Reuters. This means that profits will surge by 79 percent during Q2, and the company is predicted to ship 19 million units by the third quarter.
What does a summer estate in the French countryside have to do with a dilapidated slum on the outskirts of Paris? More than you'd think, as it turns out.
Mauritius has conveyed its readiness to cooperate with India to plug in the loopholes in the Double Taxation Avoidance Agreement (DTAA), the tax treaty that exists between the two countries.
Even though he's not an All-Star, the Washington Nationals phenom is going to have a busy offseason training for his EMT and firefighting certification.
Investors in Research In Motion Ltd should not re-elect one-time lead director John Richardson to the board of the struggling BlackBerry maker at Tuesday's annual meeting, proxy advisory firm Glass Lewis said.
The European summit may have increased investor confidence, but weak consumer spending across Europe, along with the rise of the dollar against the euro, is slowing down the global economy, pushing many companies to trim their earnings forecasts.
