Bernanke: Fed will not raise rates in forseeable future
Federal Reserve Chairman Ben Bernanke reiterated Wednesday that the Fed is nowhere close to raising interest rates, assuring markets that the US easy money tap would not soon dry up.
US-EU trade talks make headway under tight timeline
US and European Union trade negotiators said Friday they had begun to identify key areas of agreement and difference as they closed the first week of talks to create an ambitious transatlantic free-trade zone.
13 July 2013
Apple case cracks open e-books, digital goods pricing
A ruling by an American judge that Apple illegally conspired to fix e-book prices could boost competition in the market for all kinds of digital goods, including music and movies.
12 July 2013
Australia at crossroads as China boom ends: PM
Australian Prime Minister Kevin Rudd Thursday said the China resources boom was over, leaving the economy at a crossroads, as he called for a new productivity pact to boost competitiveness.
US proposes tougher requirements on largest banks
US regulators Tuesday unveiled tough new capital requirements for the nation's eight largest banks in the newest move to strengthen the financial system in the wake of the 2008 crisis.
10 July 2013
Oil prices higher in Asian trade
Oil prices climbed in Asian trade Monday after jobs data from the United States beat expectations, boosting confidence in the world's biggest economy.