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  • Samsung Follows Apple Results With Record Profit Thursday, 24 Jan 2013 | 7:09 PM ET

    Samsung reported a record quarterly profit of $8.3 billion and kept its 2013 investment plans at the previous year's level, defying expectations.

  • Apple Needs China, Now More Than Ever Thursday, 24 Jan 2013 | 6:04 PM ET

    Apple's third straight disappointing quarter signals an urgent need for the global technology leader to drum up new revenue - and China may provide the answer.

  • Mitsubishi Recalls 14,700 Electric Cars Over Brakes Thursday, 24 Jan 2013 | 9:04 AM ET
    Mitsubishi's electric vehicle i-miev have been used in the wrecked cities in northeastern Japan not because of any special ability to claw their way over mountains of debris, but because they were able to “refuel” at common electrical outlets.

    Mitsubishi Motors said it is recalling about 14,700 electric vehicles globally due to a brake problem unique to the electric-powered cars in one of the biggest callbacks involving the new generation of eco-friendly cars.

  • ECB Eyes September for Bank Stress Tests Thursday, 24 Jan 2013 | 1:43 AM ET

    The European Central Bank (ECB) and European Banking Authority (EBA) are aiming to carry out a joint stress test on Europe's major banks in September, sources told Reuters.

  • Large Banks Seen Dodging EU Financial Tax Bullet Thursday, 24 Jan 2013 | 1:35 AM ET

    A financial trading tax (FTT) planned by a group of euro zone nations could leave major banks, its main target, relatively unscathed while less nimble smaller trading houses, pension funds and asset managers bear the brunt.

  • Banks Try to Put Past Sins Behind Them at Davos Wednesday, 23 Jan 2013 | 11:12 PM ET

    Leaders of the world's largest banks have gone some way to persuading investors that their industry's near-death experience is over, even though the public still doesn't trust them.

  • Dim Sum Bond Market Shrugs Off China Worries Wednesday, 23 Jan 2013 | 6:38 PM ET

    The nascent market for "dim sum" bonds - denominated in Chinese yuan but issued outside the mainland - is poised for strong growth this year, gaining traction even as China opens its own markets to lure investors' money directly inside its borders.

  • Beijing's Central Business District

    Chinese investment banks are carrying out their biggest layoffs and bonus cuts since the financial crisis as they brace for further profit declines, hit by an ongoing drought in initial public offerings in China that started in September.

  • RIM Preps Clients to Run BlackBerry 10 Devices Wednesday, 23 Jan 2013 | 10:54 AM ET

    RIM shares rose two percent in pre-market trading after releasing a new system to allow its biggest customers to use its new line of BlackBerry 10 smartphones on their own networks.

  • Cameron Promises Vote on EU After Election Wednesday, 23 Jan 2013 | 3:42 AM ET
    David Cameron

    Prime Minister David Cameron promised on Wednesday to give Britons a straight referendum choice on whether to stay in the European Union or leave within the next parliament if he is re-elected at the next election in 2015.

  • BHP Digs Deeper for More Ore to Feed China Steel Mills Wednesday, 23 Jan 2013 | 12:13 AM ET

    BHP Billiton, the world's biggest mining company, boosted its iron ore output by 3 percent in the December quarter, as it races to supply more of the raw material to Chinese steelmakers despite signs of a softening market.

  • Brent Tops $112 as BOJ Adds to Economic Optimism Tuesday, 22 Jan 2013 | 3:34 PM ET

    Brent crude rose above $112 a barrel on Tuesday, after Japan pledged to pump in more money to boost its economy.

  • Apple Earnings Need to Overcome Technical Malaise Tuesday, 22 Jan 2013 | 9:38 AM ET
    Apple headquarters in Cupertino, California.

    Even though it is widely viewed to be undervalued Apple shareholders could still be in for more rough times if technical strategists are right.

  • Bumi Says Indonesia Probe Fails to Prove Misconduct Tuesday, 22 Jan 2013 | 7:16 AM ET
    The high-rise Bakrie Tower, which houses the headquarters of Bumi Resources, owned by the Bakrie family in Jakarta

    London-listed coal miner Bumi said an independent probe had not been able to prove misuse of funds at its Indonesian units, as documentary evidence had been obtained illegally and key witnesses had refused to cooperate.

  • Loading central banks with more tasks and pressing them to pursue more aggressive monetary policies could risk a round of competitive devaluations, European Central Bank policymaker Jens Weidmann said on Monday, citing pressure on the Bank of Japan.

  • Asia's Junk Bond Rally Near Exhaustion Monday, 21 Jan 2013 | 8:03 PM ET

    Yield-chasing investors, whose hunger for income powered a long rally in Asian junk-rated bonds, are finally feeling the first symptoms of indigestion after a year-long binge.

  • Mining firms including BHP Billiton and Anglo American are likely to follow Rio Tinto's lead in writing down underperforming assets by as much as $10 billion, as low prices and rising costs eat into valuations.

  • Bank of Japan Set to Vow Boldest Action Yet Monday, 21 Jan 2013 | 6:29 PM ET

    The Bank of Japan is set on Tuesday to unveil its most determined effort yet to beat years of economic stagnation, but the big challenge will be how to impress markets already pricing in a doubling of its inflation target and further asset buying.

  • Algerian security forces escort a bus carrying freed hostages outside a police station in In Amenas in the desert in Algeria's deep south on January 19, 2013.

    Algerian special forces have found the bodies of two Canadian Islamist fighters after a bloody siege at a desert gas plant, a security source said on Monday, as the death toll reached at least 80 after troops stormed the complex to end the hostage crisis.

  • Luxury goods group Richemont gave a cautious outlook on Monday after slowing wholesale demand for its pricey products pushed sales growth in the last quarter below forecasts.