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Incoming ECB Head Gives Eurozone Pre-Summit Boost

The incoming head of the European Central Bank threw the Eurozone a lifeline hours before a crucial summit on Wednesday by signaling the bank would go on buying troubled states' bonds to combat market turmoil.
A man walks past a stock quotation board outside a brokerage in Tokyo

Asian Shares Dip on Concern Before EU Summit

Asian shares declined on Wednesday ahead of a key meeting of European policymakers later in the session, with concerns heightening that the outcome to contain Europe's sovereign debt crisis could fall short of expectations.
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Asian Markets Down on Europe Worries

Asian shares declined Wednesday ahead of a key meeting of European policymakers later in the session, as investors feared the effort to contain Europe's sovereign debt crisis could fall short.
May

Scary Movies for Halloween 2011: 13 Underrated Horror Films [VIDEO]

As Oct. 31 gets closer, many Halloween movie lists end up churning out the same old films, movies that may be classics but have worn out both your fear factor and your DVD player. Here, count down our 13 best underrated horror films, from the original version of The Wicker Man to little known movies like May and werewolf film Ginger Snaps.
Traders work in the crude oil and natural gas options pit on the floor of the New York Mercantile Exchange

U.S. Oil Soars to 12-Week High as Brent Spread Deflates

U.S. oil prices shot to a 12-week high on Tuesday in a second day of frenetic spread trading, with dealers racing to claw back a record discount versus Europe's Brent as they gave in to evidence of tightening supplies.
The Nasdaq Composite stock market index is seen inside its studios at Times Square in New York in this file image

Is Israel's romance with Nasdaq over?

Israeli technology companies, once the darlings of New York's Nasdaq, have turned their backs on the exchange and are looking for suitors to acquire them.
RBI

RBI Signals End of Tightening Cycle

The Reserve Bank of India (RBI) raised interest rates on Tuesday for the 13th and possibly final time in a tightening cycle that began in early 2010, on expectations that persistently high inflation will finally begin to ease starting in December.
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Intel Seeks Industry Effort to Lower Ultrabook Prices

Intel Corp is comfortable with its chip pricing now and is working with suppliers and manufacturers to lower the cost of its new ultrabook slim PCs, a product it sees as key to reviving the traditional computer in the face of the tablet challenge.
India's Central Bank Governor Duvvuri Subbarao speaks at the BRICs finance ministers' news conference in Washington

India Central Bank Raises Rates

India's central bank raised interest rates on Tuesday for the 13th time since early 2010 but said it was likely to hold off on further increases as it expects high inflation to ease beginning in December.
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Thai Floods Threaten Asian PC Makers' Holiday Sales

Asia's PC makers, already grappling with the prospect of subdued year-end holiday season consumer demand, are faced with a likely further slowdown in the lunar new year sales season as Thailand's floods cut the supply of hard disk drives.

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