A deal to transfer Yahoo's 35 percent stake in Yahoo Japan to telecommunications company and investor SoftBank could come within a few weeks.
BEIJING - China signed an agreement with Turkmenistan on Tuesday to provide loans to the Central Asian nation's gas company.
Ongoing turmoil in the Middle East and North Africa threatens to bring about an extended period of heightened oil prices, turning the recent spike in energy costs into the norm rather than the exception.
China's holdings of long-term US Treasury securities totaled $1.16 trillion at the end of December 2010, according to an annual revision report released by the US Treasury Department on Feb 28.
Retail banks in emerging markets saw increasing consumer confidence in 2010, according to a new report from Ernst & Young, one of the world Big Four auditors.
Vietnam raised fuel prices by up to 24 percent, adding to soaring inflation and causing gridlock in the capital Hanoi as motorists scrambled to fill their tanks before the hike took effect.
Australia will set a carbon price from July 1 2012 as an interim measure until a full emissions trading scheme can be introduced three to five years later, Prime Minister Julia Gillard said on Thursday.
Just as the US and global economies are finally strengthening, they face a new danger: Rocketing oil prices, which topped $100 a barrel Wednesday.
Asian shares fell sharply Tuesday, battered by ongoing unrest in the Middle East, an earthquake in New Zealand and a downgrade of Japan's credit rating outlook.
Moody's Investors Service on Tuesday downgraded its outlook for Japan's credit rating because of concerns over its massive national debt.
China's top e-commerce operator Alibaba.com Ltd's chief executive officer David Wei resigned after the company found more than 2,000 members engaged in fraudulent activities, reflecting problems hidden behind the company's fast expansion over the past few years.
Apple Inc says its audits found labor, safety and other abuses by its suppliers in 2010, though it praised Taiwan manufacturer Foxconn for saving lives through its handling of a spate of suicides at its factories in China.
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