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US stocks see modest gains after busy week A jam-packed week of economic data and corporate earnings amounted to only modest movement in US equities, as stocks closed out a hectic week of news Friday only somewhat higher.

03 August 2013

Bank of America may face civil charges over financial crisis Bank of America may face civil charges over its actions during the financial crisis related to its mortgage products.

03 August 2013

Old newspaper era is over, Obama says via Kindle President Barack Obama acknowledged the problems facing the US newspaper industry, ironically in an interview that was distributed via online retail giant Amazon's Kindle e-reader.

02 August 2013

Oil slips after China orders industrial capacity cuts World oil prices slipped on Friday after China ordered industrial production capacity cuts in the face of slowing economic growth.

27 July 2013

A year on, Olympics yet to solve East London's problems A year after hosting the Olympics, London is trumpeting the economic benefits of the Games. But residents living near the Olympic Park are still waiting for the promised benefits as rents soar.

26 July 2013

Debt, shadow finance bedevil China's economy Decades of breakneck expansion have given China gleaming skyscrapers and sleek railways, but brought piles of debt.

26 July 2013

US still up for warming Venezuela ties after fresh row The United States said Wednesday it is still open to improving ties with Venezuela after Caracas called off the rapprochement.

25 July 2013

Biden in Mumbai to boost US-India trade ties US Vice President Joe Biden is expected Wednesday to urge India to further open its doors to foreign investment, during his visit to boost bilateral ties between the world's two largest democracies.

24 July 2013

Obama kicks off economy tour as new fiscal fight looms US President Barack Obama hits the road this week to drum up support for his economic program as rival Republicans warn of a new showdown over the government's debt ceiling.

24 July 2013

Obama pledges 'bold' ideas to help US middle class President Barack Obama on Monday pledged to unveil "bold" ideas to help America's struggling middle class as part of a fresh offensive to boost the economy.

23 July 2013

Kazakhstan retains GDP growth at 5.1% The economy growth is driven by the growing consumer spending: the country’s retail turnover has grown by 12.3% since the start of the year: Economic Affairs Minister.

23 July 2013

Global poll sees China rising, but high marks for US The world increasingly believes China will become the top superpower but the United States enjoys a better image in most regions.

19 July 2013

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.

18 July 2013

Hopes fade for revival of joint Korean industrial zone North and South Korea will hold fresh talks on reopening their joint industrial zone with low hopes of an early agreement following months of friction.

17 July 2013

Citi profits jump as investment revenues surge US banking giant Citigroup Monday reported better-than-expected quarterly earnings as strong securities and investment banking revenues helped offset weaker mortgage business and continued US consumer caution.

16 July 2013

Two Koreas start fresh talks on joint industrial park North and South Korea on Monday started fresh talks on reopening a joint industrial complex whose fate is seen as a touchstone for the future reduction of tension on the Korean peninsula.

15 July 2013

Greek PM faces week of protests over new austerity bill Greece's prime minister faces protests this week over a bill that must pass for the country to receive a fresh tranche of EU-IMF aid.

15 July 2013

Hollande vows to fight 'pessimism', says economy recovering President Francois Hollande vowed Sunday to fight French "pessimism" in the face of a struggling economy.

15 July 2013

World's largest building opens in China Boasting its own artificial sun and a floor area three times that of the Pentagon, the "world's largest building" has opened in southwest China to mixed reviews from its first visitors.

13 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.

11 July 2013

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