"With insufficient liquidity to meet its obligations, WaMu was in an unsafe and unsound condition to transact business," the OTS said...
SINGAPORE, Nov 20 - A serious escalation in trade or currency disputes between the United States and China could be the biggest risk to global stability over the next few years, a top Morgan Stanley...
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...