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Thu, 18 Mar 2010 11:09:58 GMT

An investor looks at a stock price monitor at a private securities company Wednesday, March 17, 2010 in Shanghai, China. Asian stock markets have pushed higher after the U.S. central bank again pledged to hold interests rates low and gave mildly optimistic assessment of the world's largest economy. China's main Shanghai index added 1.9 percent Wednesday.  (AP Photo/Eugene Hoshiko)AP - World stock markets fell Thursday and the euro weakened on concerns the European Union will not agree to give Greece concrete financial support, leaving it to potentially seek assistance from the International Monetary Fund.


Thu, 18 Mar 2010 11:09:10 GMT
AP - Porsche shot to the top of a closely watched study of long-term vehicle dependability, overtaking U.S. and Japanese rivals, J.D. Power and Associates said Thursday.
Thu, 18 Mar 2010 10:04:12 GMT
AP - Greece's Prime Minister George Papandreou said Thursday his country needs a firmer eurozone bailout plan to lift market pressure on his government and lower its borrowing rates.
Thu, 18 Mar 2010 11:08:10 GMT

Jon Huntsman, U.S. ambassador to China, gestures as he delivers his speech at Tsinghua University in Beijing, Thursday, March 18, 2010. Huntsman said Thursday bilateral disputes should not interfere with cooperation between the U.S. and China on international issues such as global warning and Iran's nuclear program. (AP Photo/Andy Wong)AP - Beijing needs to take seriously American concerns about the value of the Chinese currency, but bilateral disputes should not impede cooperation on global issues such as climate change and Iran's nuclear program, the U.S. ambassador to Beijing said Thursday.


Thu, 18 Mar 2010 06:31:32 GMT

The logo of IBM is seen at a high-tech fair in northern Germany. IBM Japan has denied it had evaded taxes after news reports said authorities were probing whether it had failed to declare more than 4.4 billion dollars in income.(AFP/DDP/File/Jens Schlueter)AFP - IBM Japan on Thursday denied it had evaded taxes after news reports said authorities were probing whether it had failed to declare more than 4.4 billion dollars in income.


Thu, 18 Mar 2010 10:22:55 GMT

Graphic shows bonuses by government bank regulatorsAP - Banks weren't the only ones giving big bonuses in the boom years before the worst financial crisis in generations. The government also was handing out millions of dollars to bank regulators, rewarding "superior" work even as an avalanche of risky mortgages helped create the meltdown.


Wed, 17 Mar 2010 17:25:02 GMT

FTSE 100 shares posted solid gains on Wednesday as investors welcomed the US Federal Reserve's upbeat economic outlook, analysts said.(AFP/File/Shaun Curry)AFP - FTSE 100 shares posted solid gains on Wednesday as investors welcomed the US Federal Reserve's upbeat economic outlook, analysts said.


Wed, 17 Mar 2010 21:35:32 GMT

FILE - In this Feb. 24, 2010 file photo, Federal Reserve Chairman Ben Bernanke testifies on Capitol Hill in Washington. Bernanke on Wednesday, March 17 will make the case to Congress on that the Fed should retain supervision of smaller banks. (AP Photo/Manuel Balce Ceneta, File)AP - Federal Reserve Chairman Ben Bernanke on Wednesday urged Congress not to scale back the Fed's regulatory authority over banks. He said the Fed needs the information it gleans from its bank oversight to set interest rates and gauge the health of the banking system.


Thu, 18 Mar 2010 10:07:47 GMT

Wang Jianzhou, Chairman and CEO of China Mobile Limited, attends the company's 2009 annual result announcement in Hong Kong Thursday, March 18, 2010. The largest mobile carrier by market value and subscribers in China, posted a full-year net profit of 115.2 billion yuan (US$16.9 billion).  (AP Photo/Kin Cheung)AP - China Mobile Ltd., the world's biggest phone carrier by subscribers, said Thursday its 2009 profit rose 2.3 percent over a year earlier and warned it faces growing competition.


Thu, 18 Mar 2010 09:03:45 GMT

FILE - In this file photo taken Feb. 3, 2010, oncoming demonstrators shout slogans during a labour strike outside the Fiat Mirafiori assembly plant in Turin, northern Italy. Will the Italian economy be the next to face a crisis? Italians, by nature prone to living in the moment, aren't much worried. But even as Greece wins temporary respite from its debt crisis, Italy remains in the sights of the world's euro-skeptics for good reasons. (AP Photo/Massimo Pinca, File)AP - Greek taxi drivers and many gas station owners are striking against a proposed overhaul of tax laws under the government's efforts to overcome its debt crisis.


Wed, 17 Mar 2010 20:12:40 GMT
The Motley Fool - Surprise, surprise. As expected, the Federal Reserve on Tuesday held short-term interest rates unchanged at historic lows and maintained that it will keep rates low for an extended period of time. The central bank also reiterated its pledge to stop buying mortgage-backed securities at the end of this month. However, the Fed did upgrade its assessment of the economy.
Thu, 18 Mar 2010 11:05:37 GMT
Reuters - Greece raised the stakes on Thursday in its quest for EU help to tackle its debt crisis, warning it cannot achieve promised deficit cuts if its borrowing costs remain high and might have to call in the IMF.
Wed, 17 Mar 2010 15:11:42 GMT

Clothes from Zara, the flagship outlet of Spain's Inditex group, stand ready for departure at Inditexs' headquarters in Arteixo, Spain, in 2006. Spain's Inditex, Europe's biggest clothing retailer, on Wednesday posted a rise in fourth-quarter net profit as strong sales abroad, especially in Asia, offset sluggish domestic demand.(AFP/File/Miguel Riopa)AFP - Spain's Inditex, Europe's biggest clothing retailer and the company behind Zara, posted Wednesday a rise in profit as strong sales abroad, especially in Asia, offset sluggish domestic demand.


Wed, 17 Mar 2010 19:57:07 GMT
Reuters - A U.S. federal judge dismissed a shareholder lawsuit accusing Canadian Imperial Bank of Commerce and four executives, including Chief Executive Gerald McCaughey, of misleading investors about the bank's exposure to subprime mortgages.
Thu, 18 Mar 2010 08:25:29 GMT

FILE - In this Nov. 13, 2009 file photo, an oil pump works in the Persian Gulf desert field of Sakhir, Bahrain. Oil prices rose above $82 a barrel Wednesday, March 17, 2010, after a report showed U.S. crude inventories grew less than expected last week and OPEC decided to keep its output targets unchanged. (AP Photo/Hasan Jamali, File)AP - Oil prices fell to near $82 a barrel Thursday in Asia, paring two days of gains that were fueled by signs U.S. crude demand may be improving.


Thu, 18 Mar 2010 10:23:32 GMT

A model poses next to Nissan's electric Leaf car at the Geneva International Motor Show on March 3. Nissan Motor has said it would start building its zero-emission Leaf electric car in Britain from 2013, saving more than 2,000 jobs in one of England's most deprived regions.(AFP/File/Philippe Desmazes)AFP - Nissan Motor on Thursday said it would start building its zero-emission Leaf electric car at a plant in Britain from 2013, saving more than 2,000 jobs in one of England's most deprived regions.


Wed, 17 Mar 2010 12:08:44 GMT
BusinessWeek - Over the last several months, I've written a lot about the current state of residential real estate, and the opportunities made available by the combination of lower housing prices and falling interest rates. As we approach the end of this year's residential real estate buying-and-selling season, this is a good time to start thinking about what might lie ahead.
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