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Written by Hamza
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Thu, 11 Mar 2010 02:05:12 -0500
SINGAPORE (Reuters) - Asian stocks fell on Thursday as investors worried strong loan growth and quickening inflation in China would spur Beijing to tighten monetary policy sooner than expected, while the yen rebounded against major currencies.
Thu, 11 Mar 2010 02:47:41 -0500
LONDON (Reuters) - London-based oil major BP has agreed to buy Brazilian, Azeri and Gulf of Mexico assets from Devon Energy for billion, as the U.S. producer refocuses on onshore U.S. fields.
Wed, 10 Mar 2010 18:10:30 -0500
WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner said on Wednesday that "fundamental reform" of the government's role in the housing finance market is needed and it will be next year before proposals are ready for Congress.
Wed, 10 Mar 2010 23:45:06 -0500
WASHINGTON (Reuters) - The Senate on Wednesday passed a 9 billion package of jobless aid and tax breaks, as Democrats continued efforts to lower the 9.7 percent unemployment rate before congressional elections in November.
Thu, 11 Mar 2010 02:04:53 -0500
TOKYO (Reuters) - Toyota Motor said on Thursday it has handed over to a U.S. congressional committee a letter sent to its management by a splinter union in 2006 seeking reforms to improve safety after a recall crisis at the time.
Thu, 11 Mar 2010 02:04:08 -0500
NEW YORK (Reuters) - The U.S. dollar is still the most important world currency, Standard & Poor's said on Thursday, but added that rising levels of U.S. debt and dependence on foreigners to finance much of pose risks to the currency's primacy.
Thu, 11 Mar 2010 02:03:55 -0500
WASHINGTON (Reuters) - The U.S. Treasury's decision against a bankruptcy restructuring for GMAC may have increased taxpayer bailout costs for the auto finance company and made it less viable, an oversight group said on Thursday.
Thu, 11 Mar 2010 01:42:46 -0500
TOKYO (Reuters) - Daihatsu Motor Co , a unit of Toyota Motor Corp , said on Thursday it would recall more than 274,000 Hijet and Atrai wagon models in Japan to fix a loose knuckle joint in the front wheels.
Wed, 10 Mar 2010 19:03:15 -0500
NEW YORK (Reuters) - While James Cameron's 3D sci-fi epic "Avatar" took the box office by storm instantly, the road to success will be much longer for Best Buy Co Inc, which is making a big bet on 3D televisions this year.
Wed, 10 Mar 2010 19:54:34 -0500
SAN ANTONIO (Reuters) - General Motors Co will pay back roughly billion in debt to the United States and Canada before June and could go public in a way that would allow taxpayers to make a profit on the bailout, Chief Executive Ed Whitacre said on Wednesday.
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