Industry

The contraction of the economy and cash shortages have been stretching the management abilities of the newly installed leadership of the Chinese Communist Party.

Fed Reserve Chairman Ben Bernanke's remarks have caused major tumbles in world financial markets.

Stock markets fell after a comment by Fed chairman Ben Bernanke stating its plan to pull back monthly purchases of assets.

Japan planned to limit spending excluding payment of debts for the next two fiscal years. (Photo : Reuters)The image shows a man passing by the electronic board that displays Nikkei shares closing prices.

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Rockwood Holdings Inc. cancelled a planned auction combination of its titanium dioxide and performance additives units.

Stock markets from Asia and Australia prepared for a decline after the United States began to withdraw stimulus.

Swedish big banks' capital strength are more vulnerable to risk than what appears on paper. (Photo : Reuters)The image is the face of a Swedish kronor bill.

Investors are pulling back from placing bets on emerging markets due to risks brought about by China.

Banks from Switzerland are being pressured by European and United States governments to release private information.

The US and European governments won't be able to make any significant cut back on its deficits, according to investors.

Stephen Poloz, new central bank chief for Bank of Canada said on Wednesday that the bank can no longer rely on its usual models to assess the economy.

The US economy remained stuck at a sluggish pace after the Federal Reserve chairman suggested the US central bank was prepared to reduce its bond acquisitions.

Lloyds Banking Group must plug a capital shortfall of GBP8.6 billion after Britain's banking regulator announced new rulings on Thursday.

Finance ministers in the Euro zone agreed to systematically rescue important banks with a Eur60 billion bailout fund.