INVESTMENT

Asian Stocks End Lower On Dim Earnings Outlook

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Asian stock markets mostly ended lower Wednesday, following declines on Wall Street Overnight, as concerns over corporate earnings outlook and euro zone crisis weighed on the sentiment.
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South China Sea Dispute

South China Sea Dispute Expected To Set Tone For ASEAN Meet

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.
U.S. Economy

On Jobs, The US Congress, And You

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.
Dollar

Are Foreign Holdings Of US National Debt A Threat To Our 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.
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Proxy Adviser Urges Defeat Of RIM Board Member

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.
Euro currency

Foreign Troubles Dim US Earnings Forecasts

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.
Kingfisher Airlines

Lenders Ask Kingfisher To Sell Assets

A consortium of lenders of the cash-strapped Kingfisher Airlines Thursday asked the Indian private carrier to sell its properties in Goa and Mumbai and to come up with concrete steps to improve its operations.
Standard & Poor's

S&P Upgrades Philippines Credit Rating To BB+

Standard & Poor's Ratings Services has raised the credit rating of the Philippines, citing that the country's fiscal flexibility is gradually increasing and the debt profile is improving.

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