Oil prices have jumped in response to the growing chaos in oil producer and OPEC member Libya and the potential for the escalation of unrest in Iran, OPEC’s second biggest oil producer..
Petroleum distributor Shell Mauritius Ltd said on Monday that parent Royal Dutch Shell planned to sell three quarters of its stake in the company to two joint venture partners.
China threw its weight around at G-20 negotiations to exclude from the final communiqué references to 'foreign exchange reserves' and 'fiscal deficit' as possible causes of global economic imbalances.
China's Commerce Ministry said Chinese businesses faced damaging obstruction in efforts to invest in the United States after China's Huawei pulled out of bidding for U.S. company 3Leaf's assets following pressure from a Washington panel.
Treasury Secretary Timothy Geithner on Saturday pointed to the problems China's tightly controlled currency poses for other developing economies and said Beijing still had further to go to let its currency rise.
Cumulus Media Inc. confirmed it is in exclusive talks to buy Citadel Broadcasting Corp for $37 a share in cash and stock, valuing the company in excess of $2 billion.
The months of negotiations between TerreStar Networks and its creditors may well have been for nothing, as EchoStar has pulled out of an agreement to backstop the company's bankruptcy plan.
With growing inflation in China, policymakers are facing tough decisions. This column argues that if the government is to curb inflation without allowing for the deflation of the tradables, it should do so through sector focused policies.
China Overseas Land and Investment Ltd, the country's largest developer bymarket value, said it aims to record 20 percent growth in netprofit this year, betting that it can ride through governmentmeasures to cool the market.
Cash is a “dead asset,” which earns nothing, and mergers and acquisitions (M&A) is in, said Gary Parr, vice chairman of investment bank Lazard and one of the leading authorities in the world on M&A.
China's top nickel producer and third-biggest copper producer Jinchuan Group Ltd is seeking a local listing for its technology unit this year, after it bought a Hong Kong-listed firm for its overseas resource assets, a top executive said on Friday.
A recent survey says the growing demand of security professionals is outpacing the supply.
Malaysia and India, two of emerging Asia's robust economies, signed a Comprehensive Economic Cooperation Agreement (CECA) on Friday, aiming to boost bilateral trade to the tune of $15 billion by 2015.
There are now increasing concerns that rising Treasury yields will begin to push stock prices lower and punish new entrants to the equity market. Our view is that there is still plenty of room for risk-free interest rates to rise without having a negative impact on the current equity rally.
Ivory Coast's biggest bank, a unit of Societe Generale, suspended operations on Thursday, the latest in an exodus of foreign banks that is turning a political crisis into financial meltdown.
Strikes damaged Egypt's vital export industries on Thursday as manufacturers kept factories idle because a nationwide bank shutdown stopped them buying supplies and selling their goods, industry officials said.
There is much said about the need for a clear financial plan to maximize savings for retirement, college and other goals. But before you create that plan, you'll want guidelines to help you write it. It's like this: If your plan is a road map, you need to know where you want to go first, right?
China aims to expand its medical coverage to include 90 percent of its urban population by the end of 2011, China's State Council, the cabinet, said on Thursday, in an effort to strengthen the country's weak social safety net.
The Recovery Act, which was introduced by the US government in response to the Great Recession of the last decade, created or saved 3-4 million jobs and up to 5 million full-time equivalent jobs by the end of 2010, according to report.
Foreign Direct Investment (FDI) in China rose in January despite concerns over market barriers and rising labor costs in the country.
ASX Group Ltd (ASX.AX) eked out a small first-half profit growth, but focus was squarely on the completion of Singapore Exchange's (SGXL.SI) $7.9 billion bid for the Australian bourse operator, a move to help the bourses fight growing competition.
China is now the world's second largest economy, but hundreds of millions of its people still rely on fouled water that will cost billions of dollars to clean.