Pacific faces big economic losses from climate change: ADBThe Pacific region faces serious economic losses due to climate change and it is critical that nations causing the problem step in to help, the Asian Development Bank said Tuesday.
iPhone maker Foxconn invests $40 million in USTaiwan's Foxconn, the maker of iPhones, iPads and other electronics in China, said Thursday it would invest $40 million in the United States to ramp up manufacturing of high-end products.
22 ноября 2013
BoJ holds fire on stimulus, says economy recoveringThe Bank of Japan on Thursday held off announcing any fresh measures to stimulate the economy, saying it was "recovering moderately" and that efforts to stoke inflation were taking hold.
Arab, Africa leaders to review economic ties at summitArab and African leaders are to start a two-day summit in Kuwait on Tuesday to review steps to promote economic ties between wealthy Gulf states and investment-thirsty Africa.
19 ноября 2013
Drugs scandal rocks Britain's troubled 'ethical' bankBritain's Co-operative Bank, which prides itself on ethical investments, has been plunged deeper into crisis after its former chairman was filmed allegedly seeking to buy drugs.
19 ноября 2013
JPMorgan to pay investors $4.5bn over mortgage bondsJPMorgan Chase said Friday it had reached a deal with 21 institutional investors to pay $4.5 billion for losses on mortgage securities it and Bear Stearns sold before the financial crisis.
16 ноября 2013
CIA spying on Americans' financial data: reportThe Central Intelligence Agency is amassing a huge database of international money transfers that includes the financial and personal data of millions of Americans, The Wall Street Journal reported Thursday.
15 ноября 2013
Yellen says Fed stimulus must continueJanet Yellen, the White House nominee to lead the Federal Reserve, said Thursday that the central bank's stimulus must remain in place to bolster an economy where growth remains fragile.
15 ноября 2013
Euro "too strong", says European Commission's TajaniEuropean Commission Vice President Antonio Tajani said Wednesday the euro was overvalued and urged the zone's central bank to help exporters by weakening the single currency.
14 ноября 2013
As Twitter flies, fears mount on bubbleTwitter's high-flying Wall Street debut drew attention to the growing power of social media, but also raised concerns about a potential bubble in the sector.
US shutdown cost $2.0 billion in lost govt outputThe 16-day US government shutdown cost 6.6 million in lost workdays for furloughed federal workers, amounting to $2.0 billion in lost productivity, the White House said Thursday in a report.