Concerns over a Fed rate hike hit stocks Friday, but next week investors will refocus on China, BlackRock's Russ Koesterich says.» Read More
Saudi Arabian Prince Alwaleed bin Talal, Citigroup's largest individual shareholder, will inject new cash to help America's biggest bank grapple with heavy mortgage market losses, the Wall Street Journal reported on its Web site on Friday.
Friday afternoon I walked into Cobo Hall in Detroit and there was a flurry of activity with cars being brought in, stages being set up, and elaborate new model introductions being rehearsed. Welcome to Detroit two days before the city's big auto show.
China's trade surplus for all of 2007 jumped by 47.7 percent to a record $262.2 billion, but detailed figures released on Friday suggested that policies to reduce the imbalance are starting to bear fruit.
Beijing has given the final green light to the long-awaited restructuring of China's telecommunications sector that will include a series of mergers to create three industry giants capable of providing a full range of services, the South China Morning Post reported on Friday.
China's cabinet said on Wednesday that it would temporarily intervene in the market to curb price rises or basic necessities like food, underlining its concern over mounting inflationary pressures.
Rich nations should not discriminate against sovereign wealth funds from the developing world and must guard against protectionist sentiment, a senior Chinese official said in remarks published on Monday.
Sometimes it pays to be a follower -- especially when the fund you're behind jumped 80% in 2007.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
The markets will quickly move from the debacle of the jobs report to earnings, and here the picture is a bit precarious as well. Fourth quarter earnings estimates have been coming down fast. We're expecting earnings for the S&P 500 as a whole to be down 9.5 percent (estimates from Thomson).
The names of three banks and the word "stocks" beat "sex" to become four of the most Googled words in China last year, according to a Google China list seen on Thursday.
A Hong Kong-based unit of China's State Administration of Foreign Exchange (SAFE) has bought small stakes in three Australian banks, the Financial Times reported on Friday.
China will restructure its two main state aircraft makers, AVIC I and AVIC II, to beef up their global competitiveness, an AVIC II executive and local media said on Thursday.
China's No. 1 and No. 3 airlines nosedived on Thursday as doubts clouded China Eastern's increasingly troubled campaign to sell a US$920 million stake in itself to Singapore Airlines and Temasek Holdings.
Think emerging markets and you probably think China, India, and maybe Brazil. But as those markets mature are there newer markets worth a look?
China's State Council, or cabinet, began phasing in the new unified corporate income tax which took effect yesterday with new rules covering the transition to a single tax rate of 25 pct for foreign and domestic firms by 2012.
A top official of the games says work has finished on schedule for 36 competition venues The National Stadium is expected to be finished by March.
General Motors' joint venture in China is recalling 7,056 Buick cars in the country due to front brake problems, Xinhua news agency reported, citing China's top quality watchdog.
During the first stop of his Asian mini-tour, Warren Buffett told reporters that he doubts he'll find a new investment in China right now to replace his recently sold PetroChina stake because stock prices have gone up so dramatically in recent months.
China will push a long-waited reshuffle of the country's telecoms industry in 2008, creating players that operate both wireless and fixed-line services to address unbalanced competition, state media cited the country's top telecoms regulator as saying.
A consortium led by Ping An Insurance (Group) Co will invest nearly $2.2 billion in an express railway linking Beijing and Shanghai, marking the first major infrastructure investment by the country's insurers.
Check out the news on Eaton Corp today. The company plans to buy two companies--one in Europe, the other in Asia. That's exactly the type of deal making we can expect to see in the world of M and A next year.