"With insufficient liquidity to meet its obligations, WaMu was in an unsafe and unsound condition to transact business," the OTS said...
China will surpass the US as the biggest light vehicle manufacturing country by the end of 2009, according to a report released by PricewaterhouseCoopers. 'China will supplant perennial assembly leaders (US and Japan) and become the No. 1 light vehicle manufacturing country in 2009 – a posi...
KUALA LUMPUR, Nov 4 - Industrial and Commercial Bank of China, the country's biggest lender, will get a license to open in Malaysia when Chinese President Hu Jintao visits on Nov. 10-11 and a raft...
LONDON, Oct 30 - European shares sharply fell on Friday, with a key index recording its biggest monthly decline in eight months, as financial stocks lost heavily on mixed U.S. economic data a day after...
TAIPEI, Oct 29 - Taiwan's TSMC <2330.TW>, the world's top contract chip maker, posted its biggest quarterly net profit in a year on Thursday after making more advanced chips for new computers and other high-tech...
Air China Ltd<601111><0753>, the country's flagship airline, and Hong Kong's largest carrier, Cathay Pacific Airways Ltd<0293>, plan to jointly set up what will be the country's biggest cargo joint venture in Shanghai, the Shanghai Daily reported on Wednesday.Air China will take a 51% stake in the JV, while the...
China Petroleum & Chemical Corporation (Sinopec) discovered a giant gas field when it detected a 340 square kilometer area in SW China's Chongqing. According to Sinopec, the gas field with more than 120 billion cubic meters of gas reserves, is the biggest in Asia.
* Biggest U.S. brokerage firms all coping with integration * Single quarter may not reflect full-year payouts CHARLOTTE, N.C., Oct 22 - In the third quarter, it didn't matter which major brokerage you worked for,...
* Microsoft releases its biggest patch * Includes fixes on Windows 7, week before launch SEATTLE, Oct 13 - Microsoft Corp issued its biggest software patch on record on Tuesday to fix a range of...
* Crude exports to fall to 1.82 million bpd in November * Angola still Africa's biggest oil producer * Angolan exports to exceed OPEC production target again LONDON, Sept 16 - Angola will sell slightly...