A number of tricks used by China's bankers will likely undercut any attempt to measure any change in lending stemming from the PBOC's rate cut.» Read More
21st Century Fox said on Thursday it would sell its 47 percent stake in Star China TV to the TV channel operator's management and private equity fund China Media Capital.
Billionaire investor Steven A. Cohen's SAC Capital Advisors returned 20.10 percent this year, even as it pleaded guilty to insider trading charges.
An eccentric Chinese recycling magnate said on Tuesday he was preparing to open negotiations to buy the New York Times.
India has approved a $110 million investment plan by Tesco, paving the way for the British retailer to venture into Asia's third-largest economy.
Cooper Tire & Rubber said on Monday it was terminating a proposed $2.5 billion sale to Apollo Tyres, saying the Indian tyre maker had failed to find financing for the transaction.
The White House is coming under pressure from some of its closest allies to name a CEO to run its health insurance marketplace.
A hacker secretly took over a computer server at the BBC, Britain's public broadcaster, and tried to sell access to the server on Christmas Day.
New Year's Day will bring a fresh test for President Barack Obama's healthcare overhaul, as hundreds of thousands of Americans will begin to use the program's new medical coverage for the first time.
"The Hobbit: The Desolation of Smaug" blasted to its third consecutive box office title, collecting $29.9 million over the post-Christmas weekend.
The top investor in Banca Monte dei Paschi di Siena looked set to force a delay in a 3-billion euro capital hike the Italian lender needs to carry out.
Time Warner Cable said it had renewed its distribution agreement with Viacom, whose channels include MTV, Comedy Central and Nickelodeon.
The oil industry's lobbying arm said it will push lawmakers to consider lifting a ban on crude exports in the new year.
Ford said it expects lower pretax profit in 2014, and that targets for global automotive operating margin are at risk.
BP filed a fraud lawsuit to halt some of the $2.3 billion it set aside to compensate commercial fishermen for losses claimed after the 2010 oil spill.
Loehmann's, the 92-year-old discount clothing chain, has filed for bankruptcy protection for a third time and said it is prepared to sell its assets to a group of liquidators.
Former Swiss banker Raoul Weil is looking forward to confronting U.S. charges for allegedly helping rich Americans avoid tax, according to his lawyer.
A week of freezing temperatures has damaged California's citrus crop, but it will take several weeks to quantify losses, industry officials said.
Slovenia's banks need $6.62 billion to plug the holes in their balance sheets, the central bank said on Thursday.
A federal judge said General Motors does not need to pay $450 million to cover medical benefits for retirees.
The Food and Drug Administration is phasing out the use of antibiotics in meat over concerns about antibiotic-resistant bacteria.