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Crisis shows the need for deeper unity in Europe 2010-05-15 10:50:30

Since the eruption of the Greek crisis, a feeling of doom and gloom about the future of the euro has preoccupied financial markets.

BHP, Rio iron venture plan might be reconsidered 2010-05-15 16:35:50

BHP Billiton and Rio Tinto might re-evaluate plans to merge their Western Australian iron ore operations if an agreement is not reached by year end, the Wall Street Journal said on Saturday.

Wine, wallpaper may turn around Sanrio's fortunes 2010-05-15 10:49:09

Sanrio Co, the Japanese owner of the Hello Kitty character brand, may boost profit after arresting a 10-year slide in sales by slapping its logo on wine, wallpaper and minicars.

Women CEOs smash glass ceiling 2010-05-15 10:33:48

Chief executive officers' pay is shattering the glass ceiling.

Profit exports import tax cuts 2010-05-15 10:03:49

Pfizer is one of thousands of American companies that bolster their profits by attributing income to subsidiaries in countries with lower income tax rates, legally cutting their tax bills.

Europe banks slide on Greek woes, US probes 2010-05-14 17:34:37

European bank shares fell over 3 percent on Friday as renewed concerns about losses from exposures to Greece and a widening of probes by US authorities unsettled investors.

Severstal's net loss widens to $785m in Q1 2010-05-14 17:36:34

Russia's largest steelmaker Severstal said Friday its net loss widened to $785 million in the first quarter as it wrote down the value of an Italian unit it plans to sell.

Fed officials say low rate vow depends on outlook 2010-05-14 17:29:41

The Federal Reserve's promise to hold interest rates ultra low for an extended period depends on economic conditions and could change if the recovery picks up, central bankers said on Thursday.

Greek unemployment reaches six-year high 2010-05-14 17:21:18

The unemployment rate in Greece reached 12.1 percent in February, the Greek Statistics Agency announced Thursday.

Gold flies to record as investors seek safety 2010-05-13 11:32:58

Gold prices hit a record high Wednesday as investors sought to hide from fears the European financial bailout will erode world currencies.

Stocks advance on Spanish cutbacks 2010-05-13 11:31:46

Morgan Stanley in derivatives probe 2010-05-13 11:00:04

German economy surprises with 0.2% Q1 growth 2010-05-13 10:34:04

Rogers says bailout is 'nail in the euro's coffin' 2010-05-13 10:32:43

Currency swaps, regional bond market better for Asia 2010-05-13 10:12:01

Bearish demand pressures oil prices 2010-05-13 09:45:29

French GDP slightly up in Q1 2010-05-12 17:07:40

Oil extends losses to near $76 on euro concerns 2010-05-12 16:57:05

German economy grows 0.2% in Q1 2010-05-12 16:46:56

Nissan slashes quarterly loss to $125 million 2010-05-12 16:53:39

GM wants to re-enter auto financing 2010-05-12 14:41:02

Euro gains melt away on bailout concerns 2010-05-12 13:23:53

Toyota back to profit as sales recover 2010-05-11 17:39:31

US Fannie Mae asks for $8.4b more in aid 2010-05-11 17:22:37

Steelmakers have to raise prices on costs, group says 2010-05-10 14:22:43

Huge US oil spill drifts west; BP mulls options 2010-05-10 14:17:05

Ash from Iceland's volcano shuts European airports 2010-05-10 11:49:16

EU sets up massive euro defense against markets 2010-05-10 11:09:47

SEC mulls regulation after last week's shock declines 2010-05-10 10:41:57

Oil falls $2, posts worst week since Dec 2008 2010-05-08 16:01:19

Euro zone backs Greek aid, govts try to calm markets 2010-05-08 16:00:20

El-Erian: Europe crisis may spread 2010-05-08 11:11:55

Rogers, Faber advise paring investments 2010-05-08 10:47:54

SEC to probe huge plunge in stocks 2010-05-08 09:59:32

US April retail sales pause slightly from March's run 2010-05-07 15:59:08

Indonesia's economic policy to remain unchanged 2010-05-07 11:13:31

Indonesian reformers under fire as official quits 2010-05-07 11:03:19

Inflation makes India a gamble 2010-05-07 10:40:41

Weber draws battle lines as pressure mounts on the euro 2010-05-07 10:24:49

Spain debt woes take their toll on Santander, BBVA 2010-05-07 10:03:09

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Biz Unusual

Qing palace sale attracts State companies' interest

A courtyard house next to Beihai Park that was once part of a Qing dynasty palace is being advertised online for 420 million yuan and attracting the interest of State-owned enterprises.

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