Could boom times be back for stock market listings? EY's vice-chair of strategic growth markets, Maria Pinelli, says yes.» Read More
The 986,000 square meter terminal is a crucial addition to the overstrained airport ahead of the Beijing Olympics next August. The airport has a design capacity of 35 million passengers but last year handled 48.7 million.
Athletes and companies alike are looking forward to the opportunity to shine under the spotlight in what will be a special event in the history of the Olympic games.
Strong earnings and a better forecast from Wal-Mart is giving a boost to stocks this morning after a mixed picture in overseas markets. The dollar is weaker this morning and gold is recovering some ground after yesterday's sell-off.. Asian stock markets were mixed, with Tokyo closing about a half a percent lower. European markets were moving lower.
Origination of European securitisations will probably slow for the full year versus 2006, the first time this has happened since 2000, as credit market turmoil bites, the European Securitisation Forum said on Tuesday.
Optimism about the U.S. economy among small businesses soured last month as a Federal Reserve interest cut intended to aid the economy instead triggered cutbacks in spending and hiring, a survey released on Tuesday showed.
Japan's economy grew faster than expected in the third quarter, but the Bank of Japan kept interest rates on hold in the face of market turmoil that has sent both stocks and the dollar sliding.
German investor morale worsened in November to its weakest since February 1993, weighed down by worries about financial market turmoil and the impact of the strong euro, a closely watched survey showed on Tuesday.
Asian markets closed mixed Tuesday, with Japan ending weaker for an eight consecutive session. But South Korea and Australia managed to eke out gains after weaving in and out of negative territory throughout the day.
Soaring food costs drove up China's inflation in October, reinforcing expectations that the central bank will raise interest rates again before long to keep a lid on price pressures. Consumer price inflation quickened to 6.5 percent in October, matching the near 11-year peak scaled in August, from 6.2 percent in September.
U.S. stock indexes closed lower as a rally in financial shares lost steam late Monday, pushing down markets already pressured by falling tech shares.
Oil slid $1.70 on Monday, after key OPEC member Saudi Arabia said the cartel would consider raising production, to halt crude's climb toward $100 and safeguard world economic growth.
As Ron Paul's online army is well aware, I have been candidly skeptical about the Texas Congressman's chances of actually winning anything in the Republican race for president. But after spending part of the weekend on the campus of my alma mater, Duke University, I was reminded of a salient fact I had overlooked: Paul attended Duke Medical School.
Why is a dollar worth more today against the euro than it was last week? Does it have anything to do with the fundamentals of the US economy?
The dollar rose against the euro on Monday, as the European currency backed off all-time highs set last week.
Soaring food and petrol prices pushed British factory gate inflation to its highest level in nearly 12 years in October, denting expectations that interest rates are about to fall.
Asian markets closed sharply down Monday, with investors dumping stocks and seeking safer bets after more evidence that U.S. subprime-mortgage related woes continue to feed into the global banking sector and economy. Japan and South Korea closed sharply lower, with today's losses wiping out all of the Nikkei's gains for 2007.
China on Monday posted a record trade surplus for October, but the total was smaller than expected, as climbing raw material costs and strengthening domestic demand gave a boost to imports.
Japanese wholesale prices rose slightly more than expected in October from a year earlier on rising oil prices, but investors, preoccupied with global markets, stuck to the view that the Bank of Japan will wait until next year to lift rates.
Australia's central bank on Monday raised its forecasts for underlying inflation to above its 2 to 3 percent comfort zone, strongly suggesting that further increases in interest rates might be needed to restrain price pressures and cool the red-hot economy
Extreme volatility will likely rip the stock market again in the coming week, while investors consider some fresh economic data and a last blast of earnings news. Tuesday marks one month to the day before the Fed's next rate meeting.