Taiwan’s Export Orders Decline by Least in a Year

Taiwan’s export orders fell at the slowest pace in a year in September, adding to signs the island’s economy is recovering from its first […]

Galleon winding down hedge funds

Hedge fund firm Galleon Group said it is winding down its funds, less than a week after its founder was arrested and charged with […]

Qatar sells $2 billion Barclays stake, shares fall

Qatar is selling 379.2 million shares in British bank Barclays, worth over 1.3 billion pounds ($2.1 billion), the second major Middle East investor set […]

SEC, CFTC mull joint enforcement squad: sources

U.S. securities and futures regulators are considering a joint enforcement squad to investigate and root out fraud in the markets, two sources familiar with […]

Private equity muscles back with deals, IPOs

Private equity is finally buying and selling companies again after being virtually halted in its tracks by the credit crisis, but skittish investors and […]

Costco profit beats market view

Costco Wholesale Corp beat analyst expectations after posting a lower-than-expected fourth-quarter profit on Wednesday, suggesting an improvement in the weak U.S. retail environment.
For the […]

Service sector grows for first time in a year

The U.S. service sector grew in September for the first time in more than a year, creating jobs in banking and restaurants and giving […]

U.S. Midwest business slips unexpectedly in Sept

Business activity in the U.S. Midwest failed to return to growth in September as expected, and instead got slammed by a decline in production […]

Low heat likely as China stews on derivative losses

A Chinese saying nicely sums up the likely fallout from this summer’s tussle between state firms and foreign banks over toxic derivative deals: “When […]

G20 sets ambitious goals, but details still need work

PITTSBURGH–World leaders lined up yesterday behind sweeping promises to fix a malfunctioning global economic system in hopes of heading off future financial meltdowns. For […]