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  • US Treasury sells AIG shares

    2011-05-25 14:39

    The US Treasury is barely breaking even on its investment in beleaguered insurance giant American International Group Inc, according to an early litmus test of market interest in the firm's stock.

  • Sony reports another online security breach

    2011-05-25 13:53

    Sony has suffered another online security breach, this time for 2,000 customers of its Sony Ericsson joint venture in Canada.

  • Hedge fund star calls for Microsoft CEO to go

    2011-05-26 10:13

    Influential hedge fund manager David Einhorn has called for Microsoft Corp Chief Executive Steve Ballmer to step down, saying the world's largest software company's long-time leader is stuck in the past.

  • Google to unveil mobile payments Thursday

    2011-05-25 10:09

    Google Inc will take the wraps off a mobile payment system on Thursday that lets consumers pay at checkout with phones instead of cards, a source said, hoping to beat Visa and others to the punch.

  • S Korean parts maker strike impacts auto industry

    2011-05-24 16:08

    A labor strike at Yoosung Enterprise, a South Korean manufacturer of engine parts like piston rings, cylinder liners and camshafts, appears to inflict severe damage on the automobile industry.

  • Ford sees chance to woo Japanese buyers

    2011-05-24 15:59

    Ford sees a big chance in coming months to snatch buyers away from the Japanese automakers that are battling production delays caused by the March earthquake and tsunami.

  • Greek default would hit others in euro zone

    2011-05-24 15:35

    A Greek debt default would hurt other peripheral euro zone states, Moody's said in a statement on Tuesday, becoming the last of the three major rating agencies to say any kind of restructuring would constitute default.

  • Air New Zealand increases flights to China

    2011-05-23 13:14

    New Zealand's national carrier Air New Zealand will increase passenger capacity on routes to China by more than a fifth for the northern winter season to meet growing demand.

  • Royal Wedding hat sells for over $130,000

    2011-05-23 08:45

    Auction site eBay says a bidder has paid 81,100 pounds ($131,648) for the silk bow hat worn by Princess Beatrice to last month's royal wedding.

  • Greece discusses fiscal plan

    2011-05-23 08:56

    Greek Prime Minister George Papandreou will discuss new measures with his cabinet on Monday to cut the budget deficit, in an effort to convince lenders Greece can deal with a debt crisis without a restructuring.

  • APEC ministers promote multilateral trade talks

    2011-05-20 13:57

    Asia Pacific trade ministers discussed ways on Thursday to maintain the momentum for pushing forward the current deadlocked multilateral trade talks

  • Gold outlook positive for 2011 on strong demand

    2011-05-19 22:56

    The global outlook for gold demand remains robust throughout 2011 against the background of another strong quarter, geographic and sectoral diversity of demand, and strong fundamentals, the World Gold Council (WGC) said Thursday.

Hot Topics
Scholars from Beijing and Moscow called for emerging economies to make their voice heard more at the G20 summit, as they exchanged views in a telephone conversation.
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