British house prices unexpectedly rose at their fastest monthly rate in 6-1/2 years in May, the Halifax house price survey showed on Thursday, but the mortgage lender cautioned that market conditions remained
The Obama administration plans to unveil on June 17 its sweeping plan to overhaul financial regulation, according to a source familiar with thinking at the U.S. Treasury Department. The proposal will serve
World equities traded close to 2009 highs on Thursday despite losses on emerging markets and investor fervor being cooled by weaker U.S. private employment and services sector data. European shares boosted the
Japan's Nikkei stock average lost 0.8 percent on Thursday, snapping a six-day rising streak as Nippon Yusen and other shippers sank after weak U.S. economic data tempered hopes for a global economic
Chinese state-owned metals firm Chinalco may revise its planned $19.5 billion investment in miner Rio Tinto before a June 14 deadline to avoid further delays in Australian government approval, two sources close
The long-awaited Pre has nice new touches, but Palm Inc has a lot of work to do if the device is to be a serious competitor to the iPhone. The device seemed
Game publishers, in a rare moment of solidarity, joined forces on Wednesday to convey optimism for the future of their $30 billion industry despite spiraling consumer spending and a global economic downturn.
Cellphone maker Sony Ericsson unveiled on Thursday two handset models it said are more eco-friendly, adding that the company will push greener features across its product line in the next two years.
BlackBerry maker Research in Motion Ltd has issued a security patch for the popular device, whose users include U.S. President Barack Obama, warning that it is vulnerable to attacks by hackers. Research
Britain remained Europe's top destination for foreign direct investment in 2008, both in terms of the number of projects and the number of jobs created, a report by accountants Ernst & Young
