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US trade deficit rises to $42.3b in May 2010-07-14 10:34:15

The US trade deficit in May increased by 4.8 percent to $42.3 billion, the highest level in 18 months, the Commerce Department reported Tuesday.

Wall Street rallies on earning speculations 2010-07-14 09:50:24

Wall Street extended its rally to the sixth straight day on Tuesday as investors were encouraged by Alcoa's earnings.

Alcoa moves to Q2 profit on improved demand 2010-07-13 13:27:14

Alcoa Inc said Monday it posted a second-quarter profit as it sold more aluminum in the commercial vehicles, packaging and construction markets.

India output growth slows to 11.5%, rate pressure stays 2010-07-13 10:40:42

India's industrial production expanded less than analysts estimated, complicating the central bank's efforts to raise borrowing costs to curb inflation.

Greek PM calls to end economic inequalities worldwide 2010-07-13 09:57:06

Greek Prime Minister George Papandreou called on Monday for an end to wide economic inequalities worldwide and a redistribution of wealth.

Greek budget deficit reduced by 46% in H1 2010-07-13 09:56:10

Greek budget deficit was reduced by 46 percent in the first half of 2010 to 9.645 billion euros ($12.144 billion) from 17.866 billion euros the same period in 2009, the Greek Finance Ministry announced on Monday.

L'Oreal records strong growth in Q2 2010-07-13 09:17:32

French cosmetics producer L'Oreal reported a 12.4 percent rise in second-quarter sales, expecting continued growth in the second half of 2010, according to the world leading group's quarterly report issued on Monday.

BP says oil spill costs climb to $3.5b 2010-07-12 15:29:37

BP says that the cost of dealing with the oil spill in the Gulf of Mexico has risen to $3.5 billion.

Toyota invites outsiders to boost quality control 2010-07-12 14:42:49

Toyota said Monday it is inviting four outside experts to help beef up quality controls at the recall-battered automaker under a program that began in March to review defect measures.

IMF highlights Asia's role in global economy 2010-07-12 11:39:55

Dominique Strauss- Kahn, Managing Director of the International Monetary Fund (IMF), highlighted the role of Asia in the future in global economic policies, vowing to allow stronger voice of the region in the IMF.

Obama rapped over economy 2010-07-12 10:13:01

Bank of America wrongly classified transactions 2010-07-12 10:07:53

Toyota chief seeking to rebuild consumer trust after recalls 2010-07-10 17:15:31

Goldman sued by Liberty Mutual over Fannie stock 2010-07-10 17:10:32

Greece to sell treasury bills next week 2010-07-10 17:01:54

Australia: Google Street View broke privacy law 2010-07-09 16:41:33

Freddie Mac, Fannie Mae move to OTC market 2010-07-09 15:22:30

Singapore may pass China as Asia's fastest-growing economy 2010-07-09 10:06:58

IMF raises world growth forecast to 4.5% 2010-07-08 14:02:42

BP aims to fix leaking oil well by July 27 2010-07-08 14:07:25

Krugman calls for more stimulus 2010-07-08 10:56:28

Banking tests do nothing but stress out markets 2010-07-08 10:45:20

Global IPOs continue to grow in Q2 2010-07-07 15:25:02

Dow reclaims 10,000 on earnings optimism 2010-07-08 10:37:06

Oz interest rate likely to stay on hold 2010-07-08 10:21:31

Putin tax breaks to shrink debt 2010-07-08 10:12:22

Toyota to extend development time by 4 weeks 2010-07-07 16:10:08

Gold dips below $1,200 per ounce on rekindled risk appetite 2010-07-07 15:25:39

Slovenia reluctantly supports Greek bailout 2010-07-07 15:24:26

Australian gov't to address credit products 2010-07-07 15:18:07

Samsung Electronics Q2 profit around $4b 2010-07-07 15:15:15

Barclays to boost investment bank in Asia with new hirings 2010-07-07 13:06:43

BP recovers 24,980 barrels of oil from Gulf spill 2010-07-07 13:04:31

Toyota knew about Lexus problem 2 years ago 2010-07-06 15:46:34

Greece upbeat on bid to exit from crisis 2010-07-06 15:03:13

Toyota recalls about 92,000 cars in Japan 2010-07-05 16:14:23

Cost of the queen: less than $1 per person a year 2010-07-06 11:48:40

BP oil spill costs rise above $3b 2010-07-05 16:11:42

Banpu buys Centennial 2010-07-06 11:11:40

Eurozone retail trade up slightly in May 2010-07-06 10:56:29

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Biz Unusual

Qing palace sale attracts State companies' interest

A courtyard house next to Beihai Park that was once part of a Qing dynasty palace is being advertised online for 420 million yuan and attracting the interest of State-owned enterprises.

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