Obama financial reforms detailed in op-ed piece

Senior Obama administration officials on Monday said in a newspaper op-ed piece that a landmark financial regulation reform plan to be released this week […]

Three bidders for Opel, Chrysler sets new chairman

The pursuit of German carmaker Opel has narrowed to a three-way race between Italy’s Fiat, Canadian-Austrian car parts group Magna and investment firm RHJ […]

U.S. consumer prices unchanged in April

U.S. consumer prices were unchanged in April as expected, but recorded their largest 12-month drop since 1955, government data showed on Friday, as sluggish […]

Bank of America to need $34 billion in capital: source

Bank of America Corp has been deemed to need as much as $34 billion in additional capital, according to the results of a government […]

Price will be king at the 2009 New York Toy Fair

Don’t expect to see $180 toy puppies or a $300 animated dinosaur when toy makers unveil their latest products next week, as a recession […]

Jobless rolls at 26-year high, retail sales weak

Unemployment benefit rolls swelled to a 26-year high in the last week of December, data showed on Thursday, while retailers, including market leader Wal-Mart, […]

DuPont warns of quarterly loss, to cut 2,500 jobs

DuPont (DD.N: Quote, Profile, Research, Stock Buzz) expects to post a fourth-quarter loss and cut 2,500 jobs — about 4.2 percent of its workforce […]

Nokia seen outlining smartphone, services push

World cell phone leader Nokia (NOK1V.HE: Quote, Profile, Research, Stock Buzz) is expected to bolster its offering of high-end phones at a media and […]

Asian hedge firms loathe, fear short rule spread

Asian hedge fund managers are waiting with dread to see if tough new short selling restrictions sweep across the region after Australia and Taiwan […]

Australian Leading Index

Annual growth in an Australian index of leading indicators slowed in June by the most since 2000, reinforcing the central bank's assessment that the […]