Russia Scraps Gains Tax for Foreign Investors
Russia will loosen the state's controls on the economy and abolish a key tax to spark a desperately needed "investment boom," President Dmitry Medvedev told ...
Business
Ambani's Reliance Expands into Power, Telecom
Reliance Industries, India's most valuable company, will push into two new sectors, power and telecommunications, chairman Mukesh Ambani told shareholders Friday.
Taiwan's Top Laptop Maker Raising China Wages
Compal Electronics Inc., the world's largest contract laptop maker, said Friday that China's labor shortage and rising wages
China Insists Yuan Is Solely Sovereign Concern
The main focus of China's currency policy is the well-being of its people and any adjustment to the exchange
China Growth Still Robust But Expected to Slow
China's economy is showing signs of softening after its strong stimulus-fueled rebound last year
Toyota Draws UAW Ire for Reviving Mississippi Plant
Toyota's announcement that it will resume construction of a car factory in Mississippi should have been a much-needed piece of good news
Stocks Gain Despite Jobless, Manufacturing Data
The stock market managed a slender gain Thursday after traders shook off a pair of disappointing economic reports.
Euro Surges on Successful Spain Debt Sale
The euro rose sharply against the dollar Thursday after a closely watched auction of Spanish bond was oversubscribed, easing worries
Asian Stocks Mixed After Flat Wall Street Finish
Asian stocks were mixed Thursday amid mild profit-taking in Tokyo and a muted finish on Wall Street.
Bank of Korea Keeps Rate at Record Low
South Korea's central bank left its key interest rate at a record low Thursday as worries persist over the health of the global economy
FedEx Says World Underestimating Recovery
FedEx said people are too pessimistic about a recovery in global trade, after it reported Wednesday that strong exports from Asia
China, U.S. to Boost VW 2010 Profit Forecast
Automaker Volkswagen AG has raised its sales and operating profit forecast for 2010 after its performance in the first five months exceeded expectations with strong ...
Glitches for iPhone 4 Pre-Orders
Buyers reported problems registering their orders and an apparent glitch in AT&T's website was steering some customers into strangers' accounts.
Oil Prices Rally on Rising Recovery Hopes
Oil prices hovered near $77 a barrel Wednesday in Asia as a rally fueled by a stock market surge and a stronger euro pauses.
US Stocks See Broad Gains As Industrials, Tech Climb
Industrial and technology stocks pulled the market sharply higher Tuesday after Boeing Co. said it was boosting
T-Mobile Gives Free HTC Slides Ahead of iPhone G4
Wireless carrier T-Mobile plans to give free phones to customers who sign up for group calling plans at its retail stores on Saturday
Honda China Supplier Strike Ends Amid Talks
A Honda Motor parts supplier in southern China was operating at full capacity on Tuesday as striking workers returned to their jobs
Asian Stocks Up Despite Wall Street Anxiety
Asian shares rose slightly Tuesday as skittish investors came back to the market despite a drop on Wall Street
Geithner Says Europe Crisis Won't Sink U.S. Recovery
Treasury Secretary Timothy Geithner said Thursday he doesn't think that the European debt crisis will derail the U.S. economic recovery.
World Stocks Tumble on Jobs Data, Hungary Fears
World stock markets tumbled Monday and the euro hit a new four-year low in the wake of poor U.S. jobs figures and amid fresh fears ...
Yahoo Adds Direct Access to Facebook Updates
Yahoo Inc.'s latest facelift will include a Facebook touchup. As part of changes rolling out this week, Yahoo will import personal updates from Facebook's social ...
Foxconn to Give China Employees 2nd Pay Raise
Foxconn workers in China will get another pay raise in coming months, on top of an increase that just took effect in response to recent ...
China Agricultural Bank Ready for IPO
The state-owned Agricultural Bank of China plans to sell a 15 percent stake in what could become the world's largest initial public offering
Honda Settles China Labor Dispute After 2-Week Strike
Honda Motor Co. said a labor dispute at a parts plant that crippled the automaker's production in China has been resolved after a wage increase
Disappointing Jobs Data Batters Stocks, Euro
Stock markets dropped sharply Friday and the euro slid to a new four-year low against the dollar after U.S. government figures showed
BP Reports Some Oil Being Funneled by New Cap
BP reported some oil was flowing up a pipe Friday from a cap it wrestled onto its broken Gulf of Mexico well but crude still ...
McDonald's Pulls Cadmium-Tainted Shrek Glasses
Cadmium has been discovered in the painted design on "Shrek"-themed drinking glasses being sold nationwide at McDonald's, forcing the burger giant
Foxconn Faces Heat from Yet Another Worker Death
Taiwan's Foxconn Technology Group, which has been shaken by a spate of worker suicides in China this year, said Friday another employee
Airline Industry Projected to Earn Profits This Year
The International Air Transport Association has upgraded its forecast for the global airline industry this year — forecasting that it will earn $2.5 billion.
Recent Rise in Jobs Data Reflects Temporary Hiring
The nation's employers likely unleashed a wave of hiring last month, but it probably won't be repeated.
Data Suggests Jobs Being Added Slowly
Fewer people are filing claims for unemployment aid, new jobs are showing up in service industries, and companies are squeezing all they can
U.S. Equipment Maker Logs Sizzling China Growth
Mining equipment maker Joy Global Inc. said Thursday its efforts to grab more business in the booming steel and power producing markets in China
Slowing Productivity Growth Seen As Hopeful Sign
Productivity grew at a slower rate in the first three months of the year than previously thought, a possible sign that businesses are reaching the ...
Jobless Claims Drop for 2nd Straight Week
New claims for unemployment insurance fell for the second straight week, fresh evidence the job market is slowly improving.
Airline Recovery Quickens on Asia, U.S. Growth
The aviation industry could recover within two years from the global economic downturn, as growth in the U.S. and Asia offsets weaker demand in Europe
May Retail Report Shows Spending Slowed
Retailers are reporting tepid business in May after cool weather and fresh concerns about the economy had shoppers cutting spending
Ford to End Mercury Production in 2010
Ford Motor Co. said Wednesday it will cease production of its 72-year-old Mercury brand by the end of 2010 after years of declining sales.
GM Recalls 1.5 Mil. Cars for Potential Fire Hazard
General Motors Co. said Tuesday it was recalling about 1.5 million vehicles worldwide to address a problem with a heated windshield wiper fluid
Strong Growth in Japan Led by Exports to China
Japan's economy, the world's second biggest, expanded at faster pace than originally estimated in the first quarter
China Trade Surge Dispels Growth Fears
China's imports and exports both surged by nearly 50 percent in May over a year earlier in a positive sign for growth
Fed Survey Finds Modest Recovery Across Nation
For the first time since the beginning of the recession, economic growth — modest and fragile, but growth nonetheless — has spread to every corner
Wholesale Inventories, Sales Up in April
Inventories held by wholesalers rose for a fourth straight month in April while sales rose for a 13th consecutive time. Both gains were encouraging signs
Asia Stocks Boosted by Agricultural Bank IPO News
World markets mostly rose Wednesday as investors cheered the news that a state-owned Chinese bank is readying a record-breaking initial public offering.
More Workers Quit Jobs As Economy Improves
One sign of better economic times is when more people start finding jobs. Another is when they feel confident enough to quit them.
Hyundai Resumes India Production Despite Strike
Hyundai Motor has resumed production in India despite an ongoing strike that forced the nation's top car exporter to halt production for two days
Honda Hit by 2nd China Parts Factory Strike
Workers at a second auto parts factory affiliated with Honda Motor Co. walked off the job Wednesday as a strike dragged on at the other ...
China's Agricultural Bank IPO May Be World's Biggest
China's stock regulator has approved Agricultural Bank of China's plans for an initial public offering in Shanghai and Hong Kong worth well over $20 billion
Consumer Prices Show No Inflation Threat
Consumer prices rose moderately in October but there was little sign of inflation as the cost of autos, clothing and hotels fell.
GM to Keep 900 More Dealers Than Planned
About 900 General Motors dealerships that the company had planned to cut loose appear to be getting a reprieve.
Protesters Picket Apple, Foxconn at HK Meeting
Protesters picketed Foxconn's annual general meeting in Hong Kong on Tuesday, accusing both the Apple Inc. supplier and computer giant of poor corporate
Russia Scraps Gains Tax for Foreign Investors
Russia will loosen the state's controls on the economy and abolish a key tax to spark a desperately needed "investment boom," President Dmitry Medvedev told ...
Ambani's Reliance Expands into Power, Telecom
Reliance Industries, India's most valuable company, will push into two new sectors, power and telecommunications, chairman Mukesh Ambani told shareholders Friday.
Taiwan's Top Laptop Maker Raising China Wages
Compal Electronics Inc., the world's largest contract laptop maker, said Friday that China's labor shortage and rising wages
China Insists Yuan Is Solely Sovereign Concern
The main focus of China's currency policy is the well-being of its people and any adjustment to the exchange
China Growth Still Robust But Expected to Slow
China's economy is showing signs of softening after its strong stimulus-fueled rebound last year
Toyota Draws UAW Ire for Reviving Mississippi Plant
Toyota's announcement that it will resume construction of a car factory in Mississippi should have been a much-needed piece of good news
Stocks Gain Despite Jobless, Manufacturing Data
The stock market managed a slender gain Thursday after traders shook off a pair of disappointing economic reports.
Euro Surges on Successful Spain Debt Sale
The euro rose sharply against the dollar Thursday after a closely watched auction of Spanish bond was oversubscribed, easing worries
Asian Stocks Mixed After Flat Wall Street Finish
Asian stocks were mixed Thursday amid mild profit-taking in Tokyo and a muted finish on Wall Street.
Bank of Korea Keeps Rate at Record Low
South Korea's central bank left its key interest rate at a record low Thursday as worries persist over the health of the global economy
FedEx Says World Underestimating Recovery
FedEx said people are too pessimistic about a recovery in global trade, after it reported Wednesday that strong exports from Asia
China, U.S. to Boost VW 2010 Profit Forecast
Automaker Volkswagen AG has raised its sales and operating profit forecast for 2010 after its performance in the first five months exceeded expectations with strong ...
Glitches for iPhone 4 Pre-Orders
Buyers reported problems registering their orders and an apparent glitch in AT&T's website was steering some customers into strangers' accounts.
Oil Prices Rally on Rising Recovery Hopes
Oil prices hovered near $77 a barrel Wednesday in Asia as a rally fueled by a stock market surge and a stronger euro pauses.
US Stocks See Broad Gains As Industrials, Tech Climb
Industrial and technology stocks pulled the market sharply higher Tuesday after Boeing Co. said it was boosting
T-Mobile Gives Free HTC Slides Ahead of iPhone G4
Wireless carrier T-Mobile plans to give free phones to customers who sign up for group calling plans at its retail stores on Saturday
Honda China Supplier Strike Ends Amid Talks
A Honda Motor parts supplier in southern China was operating at full capacity on Tuesday as striking workers returned to their jobs
Asian Stocks Up Despite Wall Street Anxiety
Asian shares rose slightly Tuesday as skittish investors came back to the market despite a drop on Wall Street
Geithner Says Europe Crisis Won't Sink U.S. Recovery
Treasury Secretary Timothy Geithner said Thursday he doesn't think that the European debt crisis will derail the U.S. economic recovery.
World Stocks Tumble on Jobs Data, Hungary Fears
World stock markets tumbled Monday and the euro hit a new four-year low in the wake of poor U.S. jobs figures and amid fresh fears ...
Yahoo Adds Direct Access to Facebook Updates
Yahoo Inc.'s latest facelift will include a Facebook touchup. As part of changes rolling out this week, Yahoo will import personal updates from Facebook's social ...
Foxconn to Give China Employees 2nd Pay Raise
Foxconn workers in China will get another pay raise in coming months, on top of an increase that just took effect in response to recent ...
China Agricultural Bank Ready for IPO
The state-owned Agricultural Bank of China plans to sell a 15 percent stake in what could become the world's largest initial public offering
Honda Settles China Labor Dispute After 2-Week Strike
Honda Motor Co. said a labor dispute at a parts plant that crippled the automaker's production in China has been resolved after a wage increase
Disappointing Jobs Data Batters Stocks, Euro
Stock markets dropped sharply Friday and the euro slid to a new four-year low against the dollar after U.S. government figures showed
BP Reports Some Oil Being Funneled by New Cap
BP reported some oil was flowing up a pipe Friday from a cap it wrestled onto its broken Gulf of Mexico well but crude still ...
McDonald's Pulls Cadmium-Tainted Shrek Glasses
Cadmium has been discovered in the painted design on "Shrek"-themed drinking glasses being sold nationwide at McDonald's, forcing the burger giant
Foxconn Faces Heat from Yet Another Worker Death
Taiwan's Foxconn Technology Group, which has been shaken by a spate of worker suicides in China this year, said Friday another employee
Airline Industry Projected to Earn Profits This Year
The International Air Transport Association has upgraded its forecast for the global airline industry this year — forecasting that it will earn $2.5 billion.
Recent Rise in Jobs Data Reflects Temporary Hiring
The nation's employers likely unleashed a wave of hiring last month, but it probably won't be repeated.
Data Suggests Jobs Being Added Slowly
Fewer people are filing claims for unemployment aid, new jobs are showing up in service industries, and companies are squeezing all they can
U.S. Equipment Maker Logs Sizzling China Growth
Mining equipment maker Joy Global Inc. said Thursday its efforts to grab more business in the booming steel and power producing markets in China
Slowing Productivity Growth Seen As Hopeful Sign
Productivity grew at a slower rate in the first three months of the year than previously thought, a possible sign that businesses are reaching the ...
Jobless Claims Drop for 2nd Straight Week
New claims for unemployment insurance fell for the second straight week, fresh evidence the job market is slowly improving.
Airline Recovery Quickens on Asia, U.S. Growth
The aviation industry could recover within two years from the global economic downturn, as growth in the U.S. and Asia offsets weaker demand in Europe
May Retail Report Shows Spending Slowed
Retailers are reporting tepid business in May after cool weather and fresh concerns about the economy had shoppers cutting spending
Ford to End Mercury Production in 2010
Ford Motor Co. said Wednesday it will cease production of its 72-year-old Mercury brand by the end of 2010 after years of declining sales.
GM Recalls 1.5 Mil. Cars for Potential Fire Hazard
General Motors Co. said Tuesday it was recalling about 1.5 million vehicles worldwide to address a problem with a heated windshield wiper fluid
Strong Growth in Japan Led by Exports to China
Japan's economy, the world's second biggest, expanded at faster pace than originally estimated in the first quarter
China Trade Surge Dispels Growth Fears
China's imports and exports both surged by nearly 50 percent in May over a year earlier in a positive sign for growth
Fed Survey Finds Modest Recovery Across Nation
For the first time since the beginning of the recession, economic growth — modest and fragile, but growth nonetheless — has spread to every corner
Wholesale Inventories, Sales Up in April
Inventories held by wholesalers rose for a fourth straight month in April while sales rose for a 13th consecutive time. Both gains were encouraging signs
Asia Stocks Boosted by Agricultural Bank IPO News
World markets mostly rose Wednesday as investors cheered the news that a state-owned Chinese bank is readying a record-breaking initial public offering.
More Workers Quit Jobs As Economy Improves
One sign of better economic times is when more people start finding jobs. Another is when they feel confident enough to quit them.
Hyundai Resumes India Production Despite Strike
Hyundai Motor has resumed production in India despite an ongoing strike that forced the nation's top car exporter to halt production for two days
Honda Hit by 2nd China Parts Factory Strike
Workers at a second auto parts factory affiliated with Honda Motor Co. walked off the job Wednesday as a strike dragged on at the other ...
China's Agricultural Bank IPO May Be World's Biggest
China's stock regulator has approved Agricultural Bank of China's plans for an initial public offering in Shanghai and Hong Kong worth well over $20 billion
Consumer Prices Show No Inflation Threat
Consumer prices rose moderately in October but there was little sign of inflation as the cost of autos, clothing and hotels fell.
GM to Keep 900 More Dealers Than Planned
About 900 General Motors dealerships that the company had planned to cut loose appear to be getting a reprieve.
Protesters Picket Apple, Foxconn at HK Meeting
Protesters picketed Foxconn's annual general meeting in Hong Kong on Tuesday, accusing both the Apple Inc. supplier and computer giant of poor corporate
Recent Stories
Asian American Success Stories
- Asian American Polls
- Asian American Parenting
- Personalities
- Identity
- The 130 Most Inspiring Asian Americans of All Time
- 12 Most Brilliant Asian Americans
- Greatest Asian American War Heroes
- Asian American Digital Pioneers
- New Asian American Imagemakers
- Asian American Innovators
- The 20 Most Inspiring Asian Sports Stars
- 5 Most Daring Asian Americans
- Surprising Superstars
- TV’s Hottest Asians
- 100 Greatest Asian American Entrepreneurs
- Asian American Wonder Women