Samsung starts to build $7bn chip plant in China
South Korea's Samsung Electronics said Wednesday it had started building a new $7 billion chip plant in the Chinese city of Xian -- its biggest-ever investment in the country.
12 September 2012 17:24
Fresh calls for inquiry into Australian currency scandal
New documents reportedly showing that Australia's central bank knew about a banknote bribery scandal before it became public raised fresh calls Wednesday for an inquiry into the allegations.
12 September 2012 16:32
Australia slams 'sick joke' cigarette packs
Australia slammed as a "sick joke" Wednesday new cigarette packs on sale as part of the national phase-in to plain packaging which play on drab branding and claim it's "what's on the inside that counts."
12 September 2012 13:35
Leaders, markets brace for German court's euro ruling
Germany's top court will hand down a momentous ruling on a new European crisis firewall Wednesday, in a decision with far-reaching implications for the future of the euro.
Americans more likely to see selves as lower class
More Americans -- including growing numbers of young people and whites -- see themselves as members of the lower classes, according to a study released Monday.
11 September 2012 11:54
France's richest man and LVMH boss denies tax exile bid
France's richest man and LVMH boss Bernard Arnault said Sunday he was not becoming a tax exile, despite seeking Belgian nationality as Paris moves to impose a 75-percent wealth tax.
US Treasury to sell $18 bn of AIG stock
The US Treasury Department announced Sunday that it has launched a public offering of $18 billion of its common stock in AIG, the giant insurer bailed out by the US government.
France's Hollande outlines sweeping new taxes for recovery
France's Socialist President Francois Hollande pledged 30 billion euros in new taxes and savings to balance the budget and fund a turnaround in two years, and rejected criticism of dragging his feet.
10 September 2012 12:19
Intel jolts sector with lowered outlook
Intel Corp. stunned the tech sector Friday by sharply cutting its revenue outlook for the current quarter, citing weak demand for personal computers and slower growth from emerging economies.
08 September 2012 16:28
Instagram officially part of Facebook
Instagram on Thursday became part of Facebook as the social network completed its billion-dollar acquisition of the smartphone photo-sharing service.
08 September 2012 12:24
US pleased with APEC 'green' products list
The United States welcomed Friday a deal to cut tariffs on dozens of "green" products in the Asia-Pacific, saying it would boost the region's economies as well as help protect the environment.
08 September 2012 11:05
ECB brings out its 'bazooka' to save euro
The European Central Bank announced a massive sovereign bond buy up Thursday, brushing aside German opposition to unleash a so-called "big bazooka" against the debt crisis.
07 September 2012 19:09
Embattled Qantas in major alliance with Emirates
Struggling Australian carrier Qantas on Thursday announced a major global alliance with Emirates that will see its hub for European flights shift to Dubai from Singapore in a bid to stem losses.
EU businesses urge China's new leaders to speed reforms
China's upcoming political changes represent a breakthrough chance to boost its economy by accelerating reforms and fostering innovation, a European business group said Thursday.
06 September 2012 19:01
MasterCard has first swipe in Myanmar
MasterCard on Thursday said it had signed a deal with a Myanmar bank that it hopes will pave the way for electronic payments, in an impoverished country where most transactions are made in cash.
