HSBC dropped a $6.3 bln offer for 51% of Korea Exchange Bank, blaming turmoil in financial markets and ending what would have been the biggest cross-border move in South Korea's bank sector.
Citigroup Inc is considering making a bid for Washington Mutual Inc, the Wall Street Journal said on Friday, citing people familiar with the situation. JPMorgan Chase & Co is biding its time
Nokia's first phone model with free access to music is scheduled to go on sale on Oct 17 in Britain, retailer Carphone Warehouse said on its Web page. Nokia's "Comes with Music"
Google Inc extended an already wide lead in the U.S. Web search to 63.0% share of the market in August, its biggest monthly gain in five months, a report said on Thursday.
With the much-anticipated "Rock Band 2" now on store shelves, rival franchise "Guitar Hero" is sneaking into the news on several fronts. Most recently, Velvet Revolver guitarist Slash let it slip to
Asian stocks and the U.S. dollar rose sharply on Friday as U.S. policymakers met to design a broad plan to resolve a crisis that has reshaped the banking industry and threatened the
Governments on both sides of the Atlantic took radical steps to restore confidence in battered financial markets on Thursday, as the United States proposed a taxpayer-funded mopping up of toxic mortgage-related debt
Oil rose to $100 on Thursday as a move by global central banks to add liquidity to money markets rallied world stocks and the United States energy sector struggles to restart operations
The world's top central banks joined forces on Thursday to throw a multi-billion dollar lifeline to global markets in a dramatic effort to free up bank-to-bank lending, frozen by the upheavals on
Russia extended emergency state support available to financial markets to $130 billion on Thursday to help prop up sinking stocks and improve liquidity after the worst stockmarket losses in a decade. Share
