02/25/2025 02:05:12 am
02/25/2025 02:05:12 am
Dino Lirios | Mar 19, 2015 02:17 AM EDT
The U.S. Federal Reserve concluded its two-day policy meeting on Wednesday, with its statement suggesting a cautious outlook and a less aggressive timeline on raising interest rates while still implying that it was closer to hiking rates for the first time after almost a decade. read more
Dino Lirios | Mar 18, 2015 10:18 AM EDT
Chinese financial markets rose to levels not seen since May 2008, with share price surges abounding, as investors expect more government action to help stimulate the economy. read more
Dino Lirios | Mar 18, 2015 06:39 AM EDT
It seems visiting Europe will no longer be a far-off dream for some Americans as a European carrier plans to offer cheap flights in the coming years. read more
Dino Lirios | Mar 18, 2015 06:35 AM EDT
A Thomson Reuters/INSEAD survey shows that in the first quarter of the year, businesses remained relatively upbeat on their outlook for business over the next 6 months, dispelling any worries over the U.S. interest rate hike. read more
Marcel Woo | Mar 18, 2015 03:54 AM EDT
With more than 100 million Chinese citizens traveling abroad this year and with more than 1 billion mobile users in the country, China's online travel agencies have emerged as a booming business in mainland China, industry experts said. read more
Marcel Woo | Mar 18, 2015 03:39 AM EDT
China's mobile industry continues to boom rapidly with the number of mobile users in the country reaching 1.29 billion as of February of this year, China's Ministry of Industry and Information Technology (MIIT) said. read more
Geann Pineda | Mar 18, 2015 02:31 AM EDT
Kraft Foods is recalling about 6.5 million boxes of its Macaroni and Cheese after metal fragments were found inside some of the boxes. read more
Dino Lirios | Mar 17, 2015 10:06 PM EDT
Valeant Pharmaceuticals International, Inc. hiked up its takeover bid for Salix Pharmaceuticals, Inc. , manufacturer of gastroinestinal drugs to US $10.96 billion cash on Monday, upstaging Endo International Plc., who was intially the only firm to make an offer. read more
Dino Lirios | Mar 17, 2015 11:14 AM EDT
France, Germany and Italy follow in Britain's footsteps, joining the China-led international development bank, Asian Infrastructure Investment Bank (AIIB), say European officials, according to the Financial Times. The U.S. is upset about this for diplomatic reasons. read more
Dino Lirios | Mar 17, 2015 09:51 PM EDT
As anticipated, the central bank of Japan maintained its monetary stimulus program of printing 80 trillion yen ($659 billion) annually to help fuel the market and the economy, on Tuesday at the end of its two-day policy meeting. read more
Arlene Lim | Mar 17, 2015 11:04 AM EDT
Chinese Premier Li Keqiang promises that government is ready to put brakes on the use of government power, just so that the private sector can grow. read more
Geann Pineda | Mar 17, 2015 12:41 PM EDT
Uber's Chief Financial Officer Brent Callinicos is stepping down. read more
Arlene Lim | Mar 17, 2015 02:12 AM EDT
Robert Durst, a wealthy real estate heir, whose life is documented in a current HBO series for suspicions he is a serial killer, has been arrested in New Orleans. read more
Geann Pineda | Mar 17, 2015 01:16 AM EDT
Foreign automakers have come under fire in China, after a show on Sunday by state TV accused them of selling defective products and overcharging customers. read more
Due to the coronavirus, people around the world have canceled their travel plans. Governments and health officials have warned the public to avoid boarding cruise ships and long flights. read more
