Business

Asia Follows Wall Street Up, Euro Wobbles Before Greek Vote

Asian stocks rose on Monday, following fresh gains on Wall Street, while the euro wallowed near 28-month lows versus the dollar on nervousness before...

China’s November Industrial Profits Suffer Sharpest Fall In 27 Months

Chinese industrial profits dropped 4.2 percent in November to 676.12 billion yuan ($108.85 billion), official data showed on Saturday, the biggest annual decline since...

Oil Declines Amid Stronger Dollar, Crude Oversupply In U.S.

Oil prices fell Friday, tumbling as the dollar strengthened and as a supply glut in top consumer, the United States, trumped worries about falling...

Volkswagen’s Audi To Step Up Investments In 2015-19 On Models, Plants

Volkswagen's (VOWG_p.DE) flagship Audi division is to increase spending on new models, plants and technology through 2019 to push its goal of surpassing German...

Shares Rise In Thin Post-Holiday Trade; Oil, Natural Gas Slip

U.S. stocks pushed higher on Friday, with the Dow and S&P 500 both closing at record highs, while oil and natural gas fell on...

Prosecutors Raid LG Headquarters Over Washing Machine Row With Samsung

Prosecutors raided the headquarters of LG Electronics on Friday as part of a probe into whether the South Korean company had damaged the washing...

Hyundai Motor Promotes Younger Executives, With Eye On Succession Planning

Hyundai Motor and affiliate Kia Motors promoted younger executives on Friday, in moves analysts said would help smoothen an eventual leadership succession at the...

China’s Antitrust Regulator Says Qualcomm Case To Be Settled Soon

The Chinese government said on Friday that it will soon settle its antitrust investigation of U.S. mobile chipmaker Qualcomm Inc. The National Development and Reform...

Ruble Rebounds Sharply From Lows As Exporters Sell Dollars

Russia's ruble rose on Friday to its strongest levels in more than three weeks, in a sharp rebound from its recent all-time lows, after...

Russia Says Currency Crisis Over, But Inflation Set To Soar

Russia said its currency crisis was over on Thursday but warned that inflation is set to climb above 10 percent, adding to the problems...