World Bank Boosts China Growth Forecast to 9.5%
The World Bank raised its China growth forecast this year to 9.5 percent from 9 percent on Wednesday but said Beijing needs to cool inflation
Business
China Partners Press Google for Word on Future
Chinese companies that sell advertising on Google's China search engine have appealed for information on its future and say they might want compensation
Woods Return to Golf Boosts Loyal Sponsors
Tiger Woods' return to the golf course is a long-awaited boon to sponsors that stood by him and marketers who stand to get big exposure
Microsoft's Bing Gains Search Share from Google, Yahoo
Microsoft Corp.'s Bing search engine gained market share in the U.S. in February, according to research groups.
iPads May Help Boost Magazine Circulations
Magazine publishers may have a new way to boost flagging circulation: the iPad.
Fed Keeps Interest at Record Lows on High Jobless Rate
The Federal Reserve on Tuesday repeated its pledge to hold interest rates at record lows to foster the economic recovery
Toyota Engineers Head to New York Prius Crash
Toyota engineers on Wednesday will examine a Prius in suburban New York that crashed into a stone wall after its driver claims the hybrid
Toyota Shareholders Sue Management Over Drop in Stocks
Toyota shareholders incensed over a sudden drop in the Japanese automaker's stock price are heading to court with lawsuits claiming company
Broadband Plan Puts U.S. in Global Slow Lane Say Experts
The sweeping national broadband plan that federal regulators delivered to Congress last week doesn't go far enough to satisfy some experts who warn
Nintendo to Launch 3-D Handheld Console
Looking for its next big hit, Nintendo said Tuesday it would begin selling a 3-D version of its popular handheld console within a year.
China's Geely to Close Volvo Purchase by Month's End
Zhejiang Geely Holding Group expects to wrap up talks on buying Ford Motor Co.'s Volvo car unit by the end of this month
Google Stays in China, Redirects Searches to Hong Kong
Google Inc. stopped censoring the Internet for China by shifting its search engine off the mainland Monday but said it will maintain other operations
Tiffany Q4 Profits Quadruple on Global Sales Growth
Rising sales worldwide for jeweler Tiffany & Co., particularly during the holidays, boosted its fourth-quarter profit.
China Media Accuse Google of Breaking Promises
China reacted quickly Tuesday to Google Inc.'s decision to stop censoring the Internet for China by shifting its search engine off the mainland
More Foreign Firms Feel Unwelcome in China
A growing number of foreign businesses in China feel shut out under new government policies promoting homegrown technology
German Exports to China Rose 7%
German data show that the country's exports to China rose by 7 percent last year despite an overall decline that saw it lose its status ...
GM's 6.4% April Sales Growth Less Than Expected
General Motors Co.'s sales rose 6.4 percent in April as the auto industry continued to see signs of recovery, although the pace slowed from incentive-fueled ...
Rio Tinto Execs Plead Guilty to Taking Bribes
An Australian executive and three other employees of mining giant Rio Tinto face charges of stealing secrets and offering bribes in a Shanghai trial
GM's Daewoo Unit Recalls 60,000 SUVs, Sedans
General Motors is recalling nearly 60,000 automobiles in South Korea due to potential problems with steering wheels, fuel hoses and seats
India Aims to Cool Inflation with Surprise Rate Hike
India's central bank has unexpectedly hiked key interest rates a quarter of a percentage point, as the bank tries to cool high inflation
Investors Unfazed by Prospects of U.S. Losing AAA Rating
It's the financial equivalent of a high medal count at the Olympics or a seat on the U.N. Security Council — a triple-A credit rating
Boeing Speeds Up 777, 747 Production to Meet Demand
Boeing Co. will speed up production plans for its 777 and 747 models in anticipation of greater demand from commercial airlines.
Health Care Bill Would Tax Investments, Health Insurers
High-income families would be hit with a tax increase on wages and a new levy on investments under President Barack Obama's health care overhaul bill.
Samsung Aims for Double-Digit Growth in 2010
Samsung Electronics predicted a strong 2010 as economic expansion in advanced and large developing economies gains speed and said it is aiming for double-digit sales
Chinalco to Develop Guinea Mine with Rio Tinto
Mining giant Rio Tinto Ltd. and China's Chinalco have signed a deal to develop an iron ore reserve in the West African country of Guinea.
AIG Struggles to Repay Government Bailout
A watchdog panel says it's still unclear whether U.S. taxpayers will ever fully recoup the $182 billion they plowed into American International Group Inc.
Calif. Farmer Succeeds with Gourmet Sushi Rice
Great sushi depends on rice that is just right — grains that are glossy and yielding after cooking, sticky with a touch of sweetness
India Industrial Production Surges 17.6%
India's industrial output surged a surprise 17.6 percent in April over last year, as strong investment activity returns Asia's third-largest economy
EU to Approve S.Korea FTA Albeit Carmaker Opposition
The European Parliament is willing to approve a free trade agreement with South Korea by the end of this year despite
China Inflation Rises Amid Signs Growth Slowing
China's inflation rose in May amid signs its rapid rebound from the global slump is slowing, adding to pressure on
American Families Rebuild Wealth on Slippery Slope
The rebuilding of Americans' wealth is proceeding in steps rather than strides. Households' net worth rose last quarter — the four straight quarterly gain.
GM Clarifies Memo Forbidding Use of "Chevy"
Relax, Chevrolet fanatics. Turns out you can take your "Chevy to the levee" or any other darn place you please.
Weaker Europe Demand Raises U.S. Trade Deficit
The U.S. trade deficit rose to the highest level in 16 months as exports fell for the second time in three months, a potentially worrisome ...
Jobless Claims Data Shows Much Better Jobs Market
The tally of laid-off workers continuing to claim jobless benefits fell by the largest amount in almost a year, suggesting that more unemployed workers
Foreclosure Rate Levels Off As Banks Wait
The foreclosure crisis appears to be leveling off.
India Wireless Auction Kicks Off Broadband Expansion
India's auction of wireless broadband spectrum has brought in a reported $8 billion in fees which could help plug India's fiscal deficit.
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
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
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
Apple, AT&T Get Record Number of iPhone Orders
Apple Inc. said Wednesday that it and its phone company partners took orders for more than 600,000 iPhone 4s in one day, the highest number ...
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.
World Bank Boosts China Growth Forecast to 9.5%
The World Bank raised its China growth forecast this year to 9.5 percent from 9 percent on Wednesday but said Beijing needs to cool inflation
China Partners Press Google for Word on Future
Chinese companies that sell advertising on Google's China search engine have appealed for information on its future and say they might want compensation
Woods Return to Golf Boosts Loyal Sponsors
Tiger Woods' return to the golf course is a long-awaited boon to sponsors that stood by him and marketers who stand to get big exposure
Microsoft's Bing Gains Search Share from Google, Yahoo
Microsoft Corp.'s Bing search engine gained market share in the U.S. in February, according to research groups.
iPads May Help Boost Magazine Circulations
Magazine publishers may have a new way to boost flagging circulation: the iPad.
Fed Keeps Interest at Record Lows on High Jobless Rate
The Federal Reserve on Tuesday repeated its pledge to hold interest rates at record lows to foster the economic recovery
Toyota Engineers Head to New York Prius Crash
Toyota engineers on Wednesday will examine a Prius in suburban New York that crashed into a stone wall after its driver claims the hybrid
Toyota Shareholders Sue Management Over Drop in Stocks
Toyota shareholders incensed over a sudden drop in the Japanese automaker's stock price are heading to court with lawsuits claiming company
Broadband Plan Puts U.S. in Global Slow Lane Say Experts
The sweeping national broadband plan that federal regulators delivered to Congress last week doesn't go far enough to satisfy some experts who warn
Nintendo to Launch 3-D Handheld Console
Looking for its next big hit, Nintendo said Tuesday it would begin selling a 3-D version of its popular handheld console within a year.
China's Geely to Close Volvo Purchase by Month's End
Zhejiang Geely Holding Group expects to wrap up talks on buying Ford Motor Co.'s Volvo car unit by the end of this month
Google Stays in China, Redirects Searches to Hong Kong
Google Inc. stopped censoring the Internet for China by shifting its search engine off the mainland Monday but said it will maintain other operations
Tiffany Q4 Profits Quadruple on Global Sales Growth
Rising sales worldwide for jeweler Tiffany & Co., particularly during the holidays, boosted its fourth-quarter profit.
China Media Accuse Google of Breaking Promises
China reacted quickly Tuesday to Google Inc.'s decision to stop censoring the Internet for China by shifting its search engine off the mainland
More Foreign Firms Feel Unwelcome in China
A growing number of foreign businesses in China feel shut out under new government policies promoting homegrown technology
German Exports to China Rose 7%
German data show that the country's exports to China rose by 7 percent last year despite an overall decline that saw it lose its status ...
GM's 6.4% April Sales Growth Less Than Expected
General Motors Co.'s sales rose 6.4 percent in April as the auto industry continued to see signs of recovery, although the pace slowed from incentive-fueled ...
Rio Tinto Execs Plead Guilty to Taking Bribes
An Australian executive and three other employees of mining giant Rio Tinto face charges of stealing secrets and offering bribes in a Shanghai trial
GM's Daewoo Unit Recalls 60,000 SUVs, Sedans
General Motors is recalling nearly 60,000 automobiles in South Korea due to potential problems with steering wheels, fuel hoses and seats
India Aims to Cool Inflation with Surprise Rate Hike
India's central bank has unexpectedly hiked key interest rates a quarter of a percentage point, as the bank tries to cool high inflation
Investors Unfazed by Prospects of U.S. Losing AAA Rating
It's the financial equivalent of a high medal count at the Olympics or a seat on the U.N. Security Council — a triple-A credit rating
Boeing Speeds Up 777, 747 Production to Meet Demand
Boeing Co. will speed up production plans for its 777 and 747 models in anticipation of greater demand from commercial airlines.
Health Care Bill Would Tax Investments, Health Insurers
High-income families would be hit with a tax increase on wages and a new levy on investments under President Barack Obama's health care overhaul bill.
Samsung Aims for Double-Digit Growth in 2010
Samsung Electronics predicted a strong 2010 as economic expansion in advanced and large developing economies gains speed and said it is aiming for double-digit sales
Chinalco to Develop Guinea Mine with Rio Tinto
Mining giant Rio Tinto Ltd. and China's Chinalco have signed a deal to develop an iron ore reserve in the West African country of Guinea.
AIG Struggles to Repay Government Bailout
A watchdog panel says it's still unclear whether U.S. taxpayers will ever fully recoup the $182 billion they plowed into American International Group Inc.
Calif. Farmer Succeeds with Gourmet Sushi Rice
Great sushi depends on rice that is just right — grains that are glossy and yielding after cooking, sticky with a touch of sweetness
India Industrial Production Surges 17.6%
India's industrial output surged a surprise 17.6 percent in April over last year, as strong investment activity returns Asia's third-largest economy
EU to Approve S.Korea FTA Albeit Carmaker Opposition
The European Parliament is willing to approve a free trade agreement with South Korea by the end of this year despite
China Inflation Rises Amid Signs Growth Slowing
China's inflation rose in May amid signs its rapid rebound from the global slump is slowing, adding to pressure on
American Families Rebuild Wealth on Slippery Slope
The rebuilding of Americans' wealth is proceeding in steps rather than strides. Households' net worth rose last quarter — the four straight quarterly gain.
GM Clarifies Memo Forbidding Use of "Chevy"
Relax, Chevrolet fanatics. Turns out you can take your "Chevy to the levee" or any other darn place you please.
Weaker Europe Demand Raises U.S. Trade Deficit
The U.S. trade deficit rose to the highest level in 16 months as exports fell for the second time in three months, a potentially worrisome ...
Jobless Claims Data Shows Much Better Jobs Market
The tally of laid-off workers continuing to claim jobless benefits fell by the largest amount in almost a year, suggesting that more unemployed workers
Foreclosure Rate Levels Off As Banks Wait
The foreclosure crisis appears to be leveling off.
India Wireless Auction Kicks Off Broadband Expansion
India's auction of wireless broadband spectrum has brought in a reported $8 billion in fees which could help plug India's fiscal deficit.
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
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
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
Apple, AT&T Get Record Number of iPhone Orders
Apple Inc. said Wednesday that it and its phone company partners took orders for more than 600,000 iPhone 4s in one day, the highest number ...
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.
Recent Stories
- Samsung Electronics to Report Spectacular Profit Surge to New Record
- Trump Vows More Strikes on Civilian Infrastructure After F-35 Shot Down
- Japanese- Owned LNG Tanker Crosses Strait of Hormuz
- Iran Leaders Join Tehran Crowds to Show Control, Defy US Threats
- Edmunds Raves about EV from Volvo Parent Geely
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