"In 2014, [gross domestic product] is expected to grow at 3% driven by public sector support, net exports, and a mild revival of private consumption in the later part of the year," the IMF said...
In a glimpse of the financial stakes in the smartphone-patent wars, Microsoft Corp. said Friday that Samsung Electronics Ltd. paid the software giant more than $1 billion for an annual fee to use Microsoft technology in Samsung phones. Samsung sells smartphones and tablets powered by Google Inc...
Jobless rate falls to 5.9% from 6.1% amid broad gains in hiring...
The greenback advanced against a basket of other major currencies on Friday, heading close to a four-year peak before a highly anticipated U.S. employment report due later in the day and as Thursday's jobless claims data also lent strength...
The New York Times announced to plan to cut 100 newsroom jobs, roughly 7.5% of the staff. The Times will offer buyouts to staffers, with extra incentives for those who have been there longer, before resorting to layoffs to reach the target for reductions...
LONDON (MarketWatch) -- The pound GBPUSD, -0.37% fell back to levels not seen since mid-September this year on Friday, continuing its decline after Bank of England Deputy Governor Ben Broadbent dampened expectations for an immediate rate hike...
The new factory will be built in a high-tech park in Ho Chi Minh City. "The complex will be used for addressing mid- to long-term demand for consumer electronics globally, including emerging markets," the South Korean company said in a statement...
On Tuesday evening, Argentine President Cristina Fernández accused Juan Carlos Fábrega, head of Argentina’s central bank, of "provoking a devaluation of the peso". In response Head of Argentine Central Bank Quits...
On Friday the yen kept weakening in Asia on a mix of civil turmoil in Hong Kong and disappointing serice industry surveys in Australia and China...
NEW YORK (MarketWatch) -- Bank of America Corp. BAC, +0.36% was upgraded on Thursday to a buy rating from neutral by analysts at UBS. The bank's new price target was upped to $20 a share from $16.80 a share...
Monthly job cuts in September (30,477) fell to their lowest level in 14 years, according to a report released Thursday by outplacement firm Challenger, Gray & Christmas — and now 2014 is on pace to have the fewest job cuts since 1997...
Wall Street opens flat on Thursday, as Reuters reports. A positive read on the labor market was not enough to entice buyers even after a sharp decline in the previous session...
The European Central Bank will buy assets for at least two years to boost inflation and economic growth in the euro area, President Mario Draghi said...
On Thursday crude oil futures fell steeply, as concerns over abundant global supplies and worries over weakening demand dragged prices lower...
On Thursday global stock markets were lower due to worries about the strength of U.S. and European recoveries and the first American case of Ebola...
The price of bitcoin has seen a subtle recovery following a week of steadily plunging prices, moving up to around $385 (£240, €305) over the last 24 hours...
EUR/USD has seen some excitement, with a rise to 1.2673 and a slide all the way back down to the previous range. A weak figure from the US already accumulated into a significant correction for the US dollar. Is the pair changing direction or is it just a correction? A lot depends on Mario Draghi...
Open Secret: The Global Banking Conspiracy That Swindled Investors Out of Billions is the new book written by Erin Arvedlund...
European stocks dropped, extending their lowest level in more than 5 weeks, due to rising concerns that the European Central Bank’s asset-buying program will be disappointing...
