Japan

Japan's retail sales rose at the slowest pace in nine months as higher prices for food and energy prompted consumers to spend less on […]

Flight delays cost $41B in 2007 - study

Domestic flight delays cost the industry and passengers $40.7 billion in 2007, according to the Joint Economic Committee from the House and Senate, which […]

South Africa

South Africa’s MTN Group (MTNJ.J: Quote, Profile, Research) has started talks with Indian mobile operator Reliance Communications (RLCM.BO: Quote, Profile, Research) that could create […]

HSBC says committed to KEB, but can

HSBC (HSBA.L: Quote, Profile, Research) said on Monday it was committed to a $6.3 billion takeover of South Korea’s No. 6 bank, but warned […]

Moody

NEW YORK–The chief executive officer of Moody’s says he recognizes the seriousness of questions raised by media reports about an alleged error in a […]

U.K. Economy Grows the Least Since 2005 on Investment

The U.K. economy grew at the slowest pace since 2005 in the first quarter after higher credit costs hurt construction and business services slowed. […]

Record Oil Leaves Asian Nations Split on Price Caps, Subsidies

Asian governments are split on ways to cope with record oil prices, with some subsidizing costs for consumers to contain inflation and others raising […]

BOJ Keeps Key Rate at 0.5% on Slowing Growth Outlook

The Bank of Japan kept interest rates on hold at the first meeting after slashing its growth estimate and shelving a two-year policy of […]

U.S. Economy: Confidence Slumps, Single-Family Home Starts Fall

U.S. consumer confidence was the weakest this month since Jimmy Carter was president, and single- family home construction fell to a 17-year low in […]

Japan March Machinery Orders Drop More Than Expected

Japanese machinery orders fell more than economists expected in March as a global slowdown and waning profits dissuaded companies from investing in factories and […]