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Developing economies’ lead over rivals has risksMar 30, 2011WASHINGTON (AP) ― The world’s biggest economies are recovering from the Great Recession at troublesome speeds: too fast or too slow. China, India and other major developing countries quickly returne... -
Thailand will adjust rates to curb inflationMar 29, 2011Thailand’s central bank may raise interest rates further as oil above $100 a barrel and surging food prices add to inflation pressures stoked by the fastest economic growth in 15 years. “The risk on...
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Markets more predictable than you thinkMar 28, 2011Stock movements may seem irrational, but they tend to follow patterns even in times of crisis NEW YORK (AP) ― The threat of severe nuclear contamination from a breached Japanese nuclear reactor stil... -
European carmakers may be forced to idle plants on Japan quakeMar 25, 2011Volkswagen AG, PSA Peugeot Citroen and other European automakers may be forced to halt production in coming weeks as component suppliers in earthquake-ravaged Japan struggle to restart factories. Th... -
Portugal woes steal show at EU summitMar 25, 2011EU leaders sign off on new crisis strategy amid fears over Portugal’s finances, Irish banks BRUSSELS (AP) ― On the day that EU leaders presented what they hoped was the final version of their plan t... -
40 Japanese auto suppliers in difficulty, Nissan CEO saysMar 24, 2011Nissan Motor Co. Chief Executive Officer Carlos Ghosn said about 40 component suppliers in Japan remain in difficulty after the nation’s record earthquake, complicating automakers’ efforts to restart... -
‘Color’ app shares with people around youMar 24, 2011LOS ANGELES (AP) ― We’ve all been to weddings where the bride and groom hand out disposable cameras to capture every angle of their big day. Now, a new application called Color allows you to do somet... -
Yen drops on ...speculation G7 to maintain interventionMar 21, 2011The yen fell for a second day on speculation the Group of Seven nations will continue to sell the currency to curb its appreciation. The yen slid against all of its 16 major counterparts, extending ... -
‘Disaster could cost Japan $235b’Mar 21, 2011World Bank: Japan may need 5 years to rebuild from devastating quake, tsunami SINGAPORE (AP) ― Japan may need five years to rebuild from the catastrophic earthquake and tsunami that has caused up to... -
Sony, Toyota disruptions may last weeks after quakeMar 20, 2011Toyota Motor Corp. and Sony Corp., two of Japan’s biggest manufacturers, are facing worst-case scenarios of long-term production shortfalls as scores of plants remain closed and workers are idled in ...
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Nintendo 3DS could help vision theraphyMar 20, 2011Optometrists: 3-D screen on Nintendo 3DS could help kids with vision disorders NEW YORK (AP) ― U.S. eye specialists are welcoming the Nintendo 3DS game device, dismissing the manufacturer’s warnings... -
IBM to pay $10m to settle Asian bribe caseMar 20, 2011WASHINGTON (AFP) ― IBM has agreed to pay $10 million to settle charges it gave cash and gifts to Chinese and South Korean officials to win contracts for mainframe and personal computers and other pro... -
U.K. inflation rate rose to 4.2% in Feb.Mar 20, 2011U.K. inflation probably accelerated at the fastest pace since October 2008 in February, which may sharpen the divide among Bank of England policy makers on whether to raise interest rates to tame pri...
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Japan recession threat lessens with G7 joint interventionMar 20, 2011Japan’s risk of becoming the first Group of Seven member to return to a recession after the global financial crisis eased as the G7 intervened to halt the yen’s appreciation. The G7’s yen sales sent... -
Obama links Brazil trip to U.S. job growthMar 20, 2011President emphasizes importance of trade with Brazil to economic growth back home BRASILIA, Brazil (AP) ― Seeking to link his Latin American tour to job growth back home, President Barack Obama said...
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