MANNHEIM/TOKYO - Germany's economy offered unexpected signs of optimism on Tuesday while Asian powerhouse Japan acted to spur lending by extending banks a further $10 billion to help tackle the worst global recession in decades....
TOKYO/WASHINGTON - The Bank of Japan and the U.S. Federal Reserve look set to save their ammunition as they meet to review policy against a backdrop of tentative signs of stability returning to banks and...
NEW YORK - The U.S. government will modify a planned $30 billion capital injection for American International Group Inc to try to recoup hundreds of millions of dollars in controversial bonuses, a Treasury official said...
NEW YORK - President Barack Obama said on Monday that American International Group Inc's payment of $165 million in bonuses is an "outrage" and ordered the treasury secretary to take all legal measures to block...
TEHRAN - Moderate former president Mohammad Khatami withdrew from Iran's presidential election on Monday, allies said, a move analysts say may boost President Mahmoud Ahmadinejad's re-election chances. - - - - ANTANANARIVO - Tanks and...
BEIJING - China's Premier Wen Jiabao reassured the world on Friday that China would deliver on its promise of 8 percent growth in 2009 despite a slate of challenges, and could roll out extra stimulus...
NEW YORK - A raft of economic and corporate news showing the severity of the global crisis also offered glimmers of stabilizing, and investors seized upon the silver lining on Thursday. - - - -...
NEW YORK - Bernard Madoff pleaded guilty on Thursday to charges he orchestrated the biggest fraud in Wall Street history and was ordered to jail to await a sentence that could send him to prison...
NEW YORK - Bernard Madoff pleaded guilty on Thursday to charges he orchestrated the biggest financial swindle in Wall Street history and was ordered to jail to await a sentence that could last the rest...
BEIJING/TOKYO - China, the engine of world economic growth in recent years, saw industrial output growth shrink to a record low at the start of the year, but a continued surge in bank lending in...