China remains a top investment destination for U.S. companies in 2010 amid the global economic slowdown as they expect to see continuous growth in sales and profit, an American Chamber of Commerce
The U.S. government's $700 billion bailout program helped stabilize the financial system, but has done little to boost lending or stave off millions of home foreclosures, a government watchdog group said on
Concern over debts at Dubai's utility provider and losses at Nakheel, builder of the emirate's palm-shaped islands, hit markets on Wednesday, drowning out assurances by top officials that Gulf economies were sound.
Japan led a slide in Asian stock markets on Wednesday as worries about the strength of a global recovery prompted investors to trim some bets ahead of the year end, while the
Chinese club Henan are cancelling the lunar New Year holiday in a bid to make a big impression in their first Asian Champions League (ACL) campaign, according to manager Yang Nan. The
Emails from a top eBay Inc executive showed the Internet giant was aware that a competing online classifieds site it launched while sitting on the board of Craigslist was a sensitive issue
Iceland must wait until March to formally launch negotiations to join the European Union because recommendations on its application have not yet been finalised, diplomats said on Tuesday. Reykjavik had hoped to
Fitch Ratings cut Greece's debt to BBB+ on Tuesday with a negative outlook, the latest blow to the troubled euro zone country, driving its bonds, banking shares and the euro itself lower.
Investor confidence in Dubai took a fresh knock on Tuesday as officials dithered over a rescue for debt-laden state conglomerate Dubai World and ratings agency Moody's slapped a downgrade on government-related debt.
Global share markets fell on Tuesday with bank stocks hit by fears of exposure to Dubai debt while the euro slid after a ratings agency downgraded Greece's credit rating. Investors took refuge
