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US regulators consider 2nd fine against Toyota 2010-04-12 15:02:40

US safety regulators may seek a second penalty against Toyota Motor Corp for knowingly delaying a massive recall over defective accelerator pedals, after imposing a record $16.4 million fine against the automaker on Monday.

Euro governments offer Greece 30b-euro backstop 2010-04-12 14:56:02

Trying again to halt a debt crisis that has hammered the euro, fellow eurozone governments tossed struggling Greece a financial lifeline Sunday, saying they would make 30 billion euros in loans available this year alone — if Athens asks for the money.

Macarthur snubs $3.4b bid 2010-04-10 10:59:42

Australia - Macarthur Coal Ltd rejected a A$3.64 billion ($3.4 billion) takeover bid from New Hope Corp, which is battling Peabody Energy Corp and Noble Group Ltd for control of the world's biggest producer of pulverized coal.

Giant SA power plant gets WB nod 2010-04-10 10:40:49

Eskom Holdings Ltd, South Africa's state-owned electricity supplier, received approval for a $3.75 billion loan from the World Bank (WB) to help build one of the world's largest coal-fired power plants.

3G licenses go under hammer 2010-04-10 10:24:27

Vodafone Group Plc and Bharti Airtel Ltd may have to pay the Indian government as much as $3 billion each as 15 bidders vie for airwaves to offer faster data services in the world's second-largest wireless market.

EU agrees on Greek rescue terms, Fitch downgrades 2010-04-10 06:05:33

Euro zone officials agreed on Friday on the terms of a possible financial rescue for Greece as a ratings agency downgraded its debt by two notches citing a worsening economy and rising borrowing costs.

UK March factory gate inflation hits 16-month high 2010-04-09 17:15:02

British factory gate inflation rose in March at its fastest pace in 16 months, driven by a surge in the cost of oil and a variety of imported goods, official data showed on Friday.

Oil slips as US jobless data, inventories weigh 2010-04-09 16:16:41

Oil prices fell on Thursday for the second day in a row as a rise in US jobless claims and high crude inventories outweighed upbeat retail sales data in the world's top energy consumer.

US frims' confidence improves 2010-04-09 15:43:19

US corporate earnings should top forecasts again in the first quarter, but the extent of the stock market's rally means investors are expecting a lot from companies.

ECB head tries to calm down worries on Greek debt crisis 2010-04-09 10:44:51

The European Central Bank (ECB) President Jean-Claude Trichet on Thursday said default is not a big issue for Greece in a bid to calm down the markets after ECB decided to remain its key interest rate at a record low level of 1 percent.

Airline tie-up may reshape industry in US 2010-04-09 09:28:01

British economy may face slow recovery 2010-04-08 16:09:26

BRIC summit to call for reform of IMF, WB 2010-04-08 16:09:09

ASEAN countries determined to overcome economic crisis 2010-04-08 15:28:20

Japan's corporate bankruptcies down 8.7% in fiscal 2009 2010-04-08 13:54:03

Indonesia's foreign reserve reaches $71b 2010-04-08 14:51:32

Soybean prices scale new peak 2010-04-08 10:45:45

Renault-Nissan, Daimler in small-car alliance 2010-04-08 02:42:12

Int'l tourists to Australia on the rise 2010-04-07 17:38:44

Euro zone growth stalls in Q4 2009 2010-04-07 17:32:39

Oil rises toward $87 on recovery hope 2010-04-07 15:51:46

IDB stresses importance of emergency loans to prevent crises 2010-04-07 15:25:14

Fed keeps eyes out for speculative bubbles 2010-04-07 05:50:04

IMF experts to have new talks with Greek on economy 2010-04-06 23:59:52

US fining Toyota $16 million over recall delay 2010-04-06 14:10:53

Demand revival likely to push copper futures past $8,000 2010-04-06 11:00:06

Crowds snap up first Apple iPads 2010-04-05 09:53:19

US auto sales rebound 2010-04-03 10:34:21

Fed keeps interest rates to near zero 2010-04-03 10:34:14

Malkovich seeks more from Madoff 2010-04-03 10:33:50

Nikkei 225 stocks in eighth weekly boost 2010-04-03 09:49:36

Crude prices rise near $85 on positive economic data 2010-04-02 13:38:47

Wall Street rises on positive economic data 2010-04-02 13:26:37

Amazon cornered ahead of iPad launch 2010-04-02 10:36:05

Austria sees renewable energy as too expensive to be practical 2010-04-01 17:18:03

Germany, France boost chance of global bank levy deal 2010-04-01 14:59:05

Eurozone inflation jumps to 15-month high in March 2010-04-01 00:36:08

Austrian budget deficit reaches 3.4% of GDP in '09 2010-03-30 05:50:34

Automakers Geely, Ford may pen Volvo deal Sunday 2010-03-28 11:59:18

EU summit kicks off; economy in spotlight 2010-03-26 01:59:24

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Biz Unusual

Qing palace sale attracts State companies' interest

A courtyard house next to Beihai Park that was once part of a Qing dynasty palace is being advertised online for 420 million yuan and attracting the interest of State-owned enterprises.

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