South Korea's central bank said Friday that it is keeping the key interest rate unchanged at 3.25 percent, subsequent to the inflationary pressures witnessed by the country.
Reports on retail sales and housing starts in March highlight the economic calendar next week, April 16-20. Economists will be watching for any lingering signs of a positive boost from the recent warm weather, as well as indications of whether the strength in consumer demand continues.
A preliminary survey of consumer confidence for April shows the lackluster job creation seen in March is playing into people's pessimism more than economists had expected. But a recent, tiny, decline in gasoline prices, following a dizzying climb at the beginning of the year, is at least making consumers feel better about inflation and hence, expectations for the future.
Barnes & Noble has invented a GlowLight solution for those who are addicted to bedtime reading and at the same time do not wish to disturb their sleepy spouses. As claimed by the company, NOOK Simple Touch is the world's first E Ink reader flaunting patent-pending lighting technology with a soft, adjustable glow feature -- GlowLight -- which will let the users read in the darkness, giving them just the right amount of light required for reading.
The bank's quarterly profit totaled $5.38 billion, down from $5.56 billion a year earlier. That translated to $1.31 a share, compared with $1.28 a share as the number of shares outstanding declined.
Growth was 8.1 percent in the first quarter, the lowest since the same period in 2009, largely due to weak global demand and reduced investment in domestic real estate.
Bonobos, the largest clothing brand launched on the Internet in the U.S., is stepping out from the digital realm and into Nordstrom stores nationwide.
Wells Fargo & Co. (NYSE: WFC) is expected to report a big jump in quarterly earnings and a small rise in revenue on increasing mortgage refinancing during the first three months of the year.
While Samsung and Apple are still tight-lipped about their plans to release their next flagship smartphones in the market, other major phone manufacturers are taking full advantage of the whole market situation and delivering their best bets to consumers.
On my first visit back to my neighbourhood street after a long stint of living abroad, I felt l was plunging headfirst into the Great Indian melting pot.
Claims for jobless benefits rose to 380,000 last week, giving economists another piece of data to worry about after a gloomy job market showing in March. Meanwhile, a Federal Reserve report published Wednesday painted a picture of a recovery that continues to press ahead, however, modestly, amid concerns of higher fuel prices.
Samsung is not alone to pepper up the market with its next-gen offering, there are others on the showground too. And these Android smartphone manufacturers are prepping up with their latest flagship devices to rival straightforwardly against Galaxy S3.
Bank of America Corp's chief information officer is leaving the company and will be replaced by a consumer banking executive, the bank said on Tuesday.
The U.S. economy expanded at a modest to moderate pace from mid-February through late March, but local industries remain concerned about high gas prices in coming months, the U.S. Federal Reserve said Wednesday in its new Beige Book.
The United States Department of Justice filed a civil antitrust lawsuit against Apple and a handful of major book publishers on Wednesday, alleging that the companies colluded to raise the price of e-books back in 2010. Amazon is the clear winner here, but it won't win out in the long-run.
U.S. mortgage applications dropped 2.4 percent on a seasonally adjusted basis in the week ended April 6, compared to the prior week, the Mortgage Bankers Association said Wednesday.
Over two dozen hospitals are home to a McDonald's - - and an advocacy group wants them out.
Nokia has reported a bug in some of its new Lumia 900 4G devices, which were released in the U.S. just last week.
Monkeying around might not be advised in most businesses, but for Kipling it is a way of life. The accessories brand, specializing in handbags, backpacks and totes, was built upon the pillars of playfulness, adventurism and dynamism. The brand celebrates 25 years in 2012 and Julie Dimperio is ready for the next 25.
The U.S. Justice Department sued Apple Inc. and Hachette, owner of Macmillan on Wednesday for allegedly fixing the price of e-books.
Airport retailer Dubai Duty Free has mandated banks for a $1.1 billion multi-tranche loan facility to help fund the expansion of Dubai's international airport.
Take a peek inside the brand new Revel Atlantic City.
