Southeast Asia is rapidly becoming one of the world’s most powerful economic juggernauts, driven by fast growth and strong monetary policies by local central banks.
St. Louis Federal Reserve President James Bullard said on Monday that stripping energy and food costs from inflation measurements may understate inflation. Ignoring energy prices in a price index may systematically understate inflation for many years, he added.
The dollar may need to make room for the Euro and the Renminbi as the rise of economic strength and influence of emerging markets threaten its dominant position as the world's currency.
After the resignation of besieged chief Dominique Strauss-Kahn, China on Thursday has insisted for emerging nations to be selected in the top leadership of the International Monetary Fund, Economic Times reported on Thursday.
The bull market that began in March 2009 may be over, warned a report from Standard & Poor’s.
The top pre-market NASDAQ Stock Market gainers are: Gulf Resources, Sino Clean Energy, Photronics, A123 Systems, and Vodafone Group. The top pre-market NASDAQ Stock Market losers are: Clean Energy Fuels, Cree, Dell, Intel, and L & L Energy.
As Dominique Strauss-Kahn’s continued role as boss of the International Monetary Fund (IMF) appears doomed following his arrest on charges of rape in New York over the weekend, speculation grows on who will ultimately succeed him.
The top pre-market NASDAQ Stock Market gainers are: Polycom, OmniVision Technologies, Changyou.com, Sohu.com, and Avanir Pharmaceuticals. The top pre-market NASDAQ Stock Market losers are: Orexigen Therapeutics, SanDisk, Micron Technology, and Huntington Bancshares.
The US dollar is in a new phase of depreciation, said Douglas Borthwick of Connecticut-based Faros Trading.
The top after-market NASDAQ Stock Market gainers are: Polycom, Mentor Graphics, ZST Digital Networks, EZCORP, and Stein Mart. The top after-market NASDAQ Stock Market losers are: Radio One, Asia Entertainment & Resources, Pool Corp., Penn National Gaming, Universal Display, Cymer, and Rambus.
Credit Suisse has outlined three moves the Leo Apotheker-- new Chief Executive of Hewlett-Packard (NYSE: HPQ) -- should consider.
Credit Suisse initiated coverage of Apple with an outperform rating and price target of $500.
Toyota Motor Corporation plans to expand line of hybrid models, launching about 10 more by 2015, and continue to develop a full range of plug-in hybrid vehicles, pure electric vehicles and fuel cell vehicles, the carmaker said in its Toyota Global Vision corporate outline for the future.
IBM would be hosting its Analyst Day today at its Thomas J. Watson Research Center in Yorktown Heights, New York at 10 am EST that is likely to focus on 2015 roadmap, according to Barclays Capital.
Time Inc.'s Fortune magazine released its fourteenth annual World's Most Admired Companies list.
China Investment Corp, the country's $300 billion sovereign wealth fund, is counting on getting a fresh injection of cash from the government to invest abroad, a senior CIC official told Reuters on Friday.
A behemoth dragon-shaped shopping mall in the desert near Dubai has become a symbol of the deepening links between East Asia and the Middle East.
RBC Capital Markets estimates that tablets may ultimately cannibalize around 15 percent of the total PC market through 2014, which while material, doesn't deter the PC markets from seeing sustained growth over the next 5-years.
Boston Scientific Corp (BSX.N) plans further layoffs in its biggest business unit for pacemakers and other heart devices, the company told Reuters, and a source said the layoffs will affect about 5 percent of staff within the unit's clinical division.
East Asia's economy may need to slow to address inflationary pressures but the region will likely continue to lead the globe in economic activity, World Bank Chief Economist Justin Yifu Lin said on Monday.
Bankers are predicting a burgeoning offshore market for renminbi-denominated bonds as corporates increasingly turn to the Chinese currency to issue debt, making it only a matter of time before the renminbi is on a par with dollars, euros and yen.
Long-term South African bonds rose on Friday after a four-day sell-off fuelled by the government's disappointing budget deficit forecast for next fiscal year.