Bank of America is expected to pay more than $16.5 billion to end investigations into mortgage securities that the bank and its units sold.» Read More
Hong Kong carrier Cathay Pacific Airways said its net profit rocketed in the first half as it launched new services and operated fuel-efficient jets.
Japan's economic growth may have collapsed in the second quarter but investors aren't giving up on the market.
Commonwealth Bank of Australia (CBA) said its full-year cash profit grew about 12 percent on strong growth in loans and lower bad debt provisions.
Sir Philip Green's Topshop and Miss Selfridge brands are to push into China with an agreement to launch on the ShangPin.com fashion retail website.
China's television is airing a serial on late leader Deng Xiaoping, a sign the Communist Party is easing its grip on officials' sensitive legacies.
Canada will donate a small quantity of an experimental Ebola vaccine developed in its government lab to the WHO for use in Africa.
Japan's economy contracted sharply in the second quarter, data on Wednesday showed, as a nationwide consumption tax that took effect in April dragged on its recovery.
American real estate mogul Donald Trump is planning "substantial investments" in the Indian property and hotel sectors, betting on PM Modi's efforts.
Chinese stocks have stormed higher in recent months on the back of stronger economic data, easy monetary conditions and supportive policies.
Italian designer Roberto Cavalli is in talks to sell a majority stake in his eponymous fashion house to VTB Capital.
Obama is loosening restrictions on lobbyists who want to serve on federal advisory boards.
The U.S. budget deficit was $95 billion at the end of July, down 3 percent from the same period last year.
U.S. corn production will crack the 14-billion-bushel mark for the first time in 2014.
Bill Gross of Pacific Investment Management, slightly reduced his holdings of U.S. Treasuries and government-related debt in July.
Future monetary policy by the U.S. Federal Reserve is the biggest concern for Prudential, according to its group chief executive.
Shares of Tata Motors jumped 7.7 percent after strong sales of its luxury Jaguar and Land Rover vehicles helped triple the company's 1Q net profit.
More than 150 economic fugitives, many of whom are corrupt officials or suspected of graft in China, are at large in the United States.
After reporting blowout profits Domino's Pizza Enterprises told CNBC its venture into Japan was providing a large slice of its success.
Standard Chartered will soon begin sifting through a mountain of data for signs of possible money laundering or other criminal activity.
Singapore's economy expanded 0.1 percent on a quarter-on-quarter annualized basis in the second quarter, above expectations.
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