Asia will play more important role in the process of global economic governance reform, according to a report released by Asian Development Bank and a leading US think tank on Monday.
Nissan Motor Co Ltd recalled nearly 196,000 older-model Pathfinder and Infiniti QX4 SUVs due to the chance that road salt and water could collect to cause a loss of steering, US safety regulators said.
Spot gold rose to a record of $1,513.70 an ounce on Monday, extending the record-breaking rally to the seventh consecutive session, as the dollar languished near its three-year low.
NYSE Euronext sees cost savings in its $9.8 billion deal with Deutsche Boerse at closer to 400 million euros ($583 million), up by about a third from its initial estimate.
US has never defaulted on its debt and Democrats and Republicans say they don't want it to happen now. But with partisan acrimony at fever pitch, the unthinkable is suddenly being pondered.
Banker: China should reduce FX reserves
President Barack Obama told Americans on Saturday there is no "magic bullet" to bring down high gasoline prices and said he wants to end what he called $4 billion in taxpayer subsidies to oil and gas companies.
Spot gold surged to a lifetime high on Friday in thin holiday trade, hitting a record for a sixth consecutive session on a weak dollar and factors ranging from geopolitical uncertainty to inflation concerns.
Toyota said Friday its global car production, disrupted by parts shortages from Japan's earthquake and tsunami, won't return to normal until November or December - threatening its spot as the world's top-selling automaker.
Toyota Motor Corp. announced Thursday it will recall about 308,000 SUVs in US to fix problems related to unwanted airbag deployments, according to a report.
China signalled it was ready to buy more debt from the euro zone's weaker states, in a move to help stabilise the bloc's fragile finances and protect its business interests.
General Electric Co posted an 80 percent rise in profit that topped Wall Street's expectations, helped by a strong recovery in its finance arm.
Oil prices jumped above $112 a barrel Thursday in Asia to near the highest level since 2008 amid signs US demand remains robust despite rising fuel costs.
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