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Top Stories - 10 artworks that will change the way you see China

Contemporary Chinese art is a formidable force in today`s art market and a thorny jungle for the uninitiated. Expert Wu Hung, the founder of the Center for the Art of East Asia at the University of Chicago, has chosen 10 stunning works that can systematically introduce China`s recent art movements and must-know avant-garde artists from the 1970s to the 2000s.

Saturday, October 25, 2014  05:02


Europe - About 25 Europe Banks Are Said to Have Failed Tests

The results of the review, set to be disclosed on Sunday, are expected to show that some banks have shored up their books, but it could unsettle markets.

Saturday, October 25, 2014  02:51


Market - Stocks: 4 things to know before the open

Here`s what you need to know about the markets before you start your business day.

Saturday, October 25, 2014  03:49


Business - Look to energy names for global demand clues

By Caroline Valetkevitch NEW YORK (Reuters) - Slumping energy shares drove the recent U.S. stock market selloff more than any other major group, so investors are turning to next week`s slate of earnings to see if the sector can pull itself out of the pit. The third-quarter earnings picture for energy looks grim. Profit growth expectations for S&P 500 energy companies have fallen more than any other sector - from a forecast of 13.8 percent on July 1 to the current 1.8 percent, Thomson Reuters data showed. Energy shares dropped 9. ...

Saturday, October 25, 2014  02:15


Europe - About 25 Europe Banks Said to Have Failed Tests

The results of the review, set to be disclosed on Sunday, are expected to show that some banks have shored up their books, but it could unsettle markets.

Saturday, October 25, 2014  00:26


Business - In emerging Indonesia, Honda`s Mobilio muscles in on Toyota`s turf

By Dennys Kapa and Aradhana Aravindan JAKARTA/SINGAPORE (Reuters) - Honda Motor`s Mobilio, a spacious yet affordable multi-purpose vehicle (MPV), has nearly doubled its market share this year, triggering a price war with Toyota Motor in Indonesia, the latest battleground for global carmakers. Toyota and its Daihatsu Motor affiliate have long enjoyed a more than 50 percent market share in Indonesia - where car ownership is less than 4 percent in a population of close to 250 million. ...

Thursday, October 23, 2014  22:41


Business - German survey props up European shares

By Patrick Graham LONDON (Reuters) - Stock markets in Europe recovered from a poor start on Thursday after a batch of more optimistic than expected surveys of German and euro zone purchasing managers leavened an otherwise shaky mood. Asian markets had drifted lower overnight, unimpressed by a similar survey out of China, which was marginally above forecast but still showed the world`s second largest economy slowing further at the start of the fourth quarter. ...

Thursday, October 23, 2014  10:12


Business - Credit Suisse CEO says sees no material issues in forex probe

ZURICH (Reuters) - Credit Suisse does not see material issues related to the global probe into the $5 trillion-a-day foreign exchange market, the Zurich-based bank`s chief executive said on Thursday. Around 15 authorities around the world, including Switzerland`s, are investigating allegations of collusion and price manipulation in the largely unregulated foreign exchange (FX) market. `(The FX issues) have probably been going for a little over a year now. ...

Thursday, October 23, 2014  09:53


World - US stocks quietly move higher; IBM disappoints

NEW YORK (AP) The U.S. stock market moved quietly higher Monday as investors decided to step back into a market that was rattled by white-knuckle turbulence last week.

Monday, October 20, 2014  21:56


Business - Getting used to the `new mediocre`

By Mike Peacock LONDON (Reuters) - Evaporating inflation and slowing growth have put financial markets into such a spin that they could inflict further damage on the world economy. Until a dramatic selloff, exuberant markets had raced well ahead of the economies that underpin them, partly because the U.S. Federal Reserve and other central banks flooded the financial system with new money. ...

Sunday, October 19, 2014  10:14

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