Moody's upgrades S. Korea credit rating
Ratings agency Moody's Investors Service Monday upgraded South Korea's sovereign credit rating, citing strong fiscal fundamentals and resilience to external economic shocks.
Merkel: 'every day' counts for Greece's austerity steps
German Chancellor Angela Merkel on Sunday warned that "every day" counts in efforts by debt-wracked Greece to comply with its commitments and safeguard its eurozone membership.
Nike stands by Armstrong after he loses titles
US sporting goods giant Nike was one of several sponsors sticking by Lance Armstrong on Friday after the US Anti-Doping Agency stripped the cycling legend of his record seven Tour de France titles.
26 August 2012 14:06
Apple scores huge win over Samsung in patent case
Apple won more than $1 billion in a massive US court victory over Samsung on Friday, in one of the biggest patent cases in decades -- a verdict that could have huge market repercussions.
25 August 2012 14:36
Faded US stimulus hopes weigh on oil prices
Oil prices were mixed Thursday amid fresh doubts about hoped-for US Federal Reserve stimulus and a bleaker energy demand outlook in China and Europe.
25 August 2012 11:52
Elisabeth Murdoch calls for morality in media
Elisabeth Murdoch, daughter of Australian-born tycoon Rupert, urged the media to concentrate on morals as well as profit during a speech to television executives in Scotland on Thursday.
Greek PM in crisis talks with Merkel
Greece's prime minister was expected to press for more time to make key reforms and spending cuts to keep his debt-wracked country in the eurozone at crisis talks Friday with Chancellor Angela Merkel.
24 August 2012 12:56
Australian mining minister warns boom is 'over'
Australia's Resources Minister declared the mining boom "over" following BHP Billiton's decision to delay the massive Olympic Dam project as commodities prices sag.
23 August 2012 18:55
Facebook at half-price: which way now?
If you bought Facebook shares in the May IPO and held onto them, by Monday morning you would have lost more than half your investment -- and not see any encouraging signs of making your money back.
23 August 2012 10:30
Billionaire George Soros invests in Man United
US billionaire George Soros has bought a stake in Manchester United, the British football club that made its Wall Street debut earlier this month, according to a filing with US regulators on Monday.
23 August 2012 09:59
Australia sees China chance in Chevron gas exit
Australian officials on Tuesday welcomed Chevron's decision to bow out of Woodside Petroleum's massive Browse liquefied natural gas project as a chance for Chinese investors to buy in.
