Financial news
    Financial News

    Toyota to recall 4,500 Lexus vehicles in Japan over steering d..

    05-19-2010
  • Toyota Motor Corp. is to recall four of its high-end Lexus models in Japan due to a steering wheel problem, a report said on Wednesday. Toyota would recall around 4,500 Lexus vehicles in Japan, with the total expected t..
  • Macao joins HK to probe Google's intrusion upon personal data

    05-19-2010
  • The government of Macao Special Administrative Region (SAR) said Tuesday it has sent a letter to Google, inquiring about the personal data "mistakenly" collected by the search giant when it carried out its Street View pr..
  • HP posts jump in profit, revenue

    05-19-2010
  • Hewlett-Packard Co. (HP) on Tuesday reported double-digit increases of both profit and revenue in its most recent quarter, which indicated improving corporate and consumer demand for computers. In the three months ended..
  • New gas reserves proved in Peru

    05-19-2010
  • The U.S. consultancy, the Netherland and Sewell & Associates Inc (NSA), estimated that the deposit of natural gas in Peru's Camisea gas fields could be as much as 11.2 trillion cubic feet (about 315 billion cubic met..
  • HK's exports of service reach $86 bln in 2009

    05-19-2010
  • The services sector played a significant role in supporting the growth of Hong Kong's external trade, the value of export of services reached 669 billion HK dollars (86 billion U.S. dollars) in 2009, representing an aver..
  • CNPC acquires 35% interest in Shell's Syria subsidiary

    05-19-2010
  • China National Petroleum Corporation (CNPC) announced Wednesday that it had concluded an agreement with Shell under which CNPC has acquired a 35-percent stake in Syria Shell Petroleum Development (SSPD), a unit of Royal ..
  • Jordan posts budget surplus in 2010 Q1

    05-19-2010
  • Official figures showed Tuesday, Jordan's budget registered a surplus of 18.1 million Jordanian dinars (about 25 million U.S. dollars) during 2010 Q1 compared with a deficit of 150 million dinars during the same period l..
  • Economic Report on Africa 2010 highlights efforts to reduce un..

    05-19-2010
  • The Economic Report on Africa 2010 said on Tuesday that unemployment rates remained at very high levels, hampering the ability of many African countries to reduce poverty and achieve other development objectives. The re..
  • U.S. SEC to set new measures to prevent stock market chaos

    05-19-2010
  • The U.S. Securities and Exchanges Commission (SEC) announced new rules Tuesday to prevent a repeat of the mysterious stock swoon experienced earlier this month when the Dow Jones Industrial Average fell 1,000 points in m..
  • China's national oil reserve open to private firms

    05-18-2010
  • Public bidding for national oil reserve projects started over the weekend, marking the first time that the national oil reserve project was opened to private enterprises, the Beijing Times reported Tuesday, citing a sour..