US pending home sales continued to sag in February, declining for the eighth straight month amid higher prices and higher mortgage rates, the National Association of Realtors said Thursday.
Sales of traditional computers will lose more ground in 2014 to tablets and other mobile devices, a market tracker said Thursday.
Europe’s main stock markets pulled back on Thursday as the US increased the pressure on Russia over Ukraine and traders took profits following a recent rally.
German Economy Minister Sigmar Gabriel has warned the EU Commission in Brussels that Berlin may withhold its approval of landmark EU-US trade talks over a contentious arbitration mechanism.
Australian shares are set to open lower on Thursday, following losses on Wall Street as investors fretted about tougher sanctions being implemented on Russia, while a dip in copper and gold prices may hurt resource stocks.
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Europe’s main stock markets rebounded on Tuesday as investors reacted to company updates and regional economic data, a day after indices had slid on China slowdown concerns and Ukraine tensions.
Global oil prices climbed on Tuesday after data showed key crude consumer China imported more record amounts last month, dealers said.
Britain revealed plans on Tuesday to sell an extra 7.5-percent stake in Lloyds Banking Group, in the latest move to steer the bailed-out lender back to the private sector.
Stocks on Wall Street rose in volatile trade on Tuesday following robust U.S
The one-time star electric carmaker Fisker Automotive said Monday it sold “substantially all” of its assets to the Chinese auto parts group Wanxiang for $150 million.
The Group of Seven top economic powers said Monday they are ready to step up sanctions against Russia if Moscow fails to de-escalate the crisis in Ukraine that has shaken relations.
A second straight sell-off of popular technology shares dragged US stocks lower Monday, as tensions with Russia over Ukraine kept investors on edge.
Some Chinese rubber importers have defaulted on shipments as tyre grade prices sank recently to multi.
Central and eastern European countries are turning up the pressure on banks to clean up their balance sheets, creating new opportunities for bad loan investors that are seeing returns dwindle in recovering euro zone economies.
Sumitomo Mitsui Trust Bank Ltd and Japan Bank for International Cooperation (JBIC) will team up with British private equity group CVC Capital Partners Ltd to set up an Asian investment fund totaling more than 300 billion yen ($2.