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Samsung captures No. 1 slot in global mobile market: Gartner (16 May 10:04 pm)

Samsung\'s mobile phone sales have reached 86.6 million units, a 25.9 per cent increase from last year, as it took back the world\'s number one smartphone position from Apple.

US stock futures up, worries linger about Europe (16 May 07:05 pm)

US stock futures rose Wednesday amid strong data from the housing sector, yet worries persist that overwhelming debt levels in Greece could fracture the European Union and roil global markets.

Euro falls below $1.27, lowest level in four months (16 May 12:09 pm)

The euro tumbled against the US dollar in Asian trade on Wednesday, falling to its lowest level in four months amid rising concern over the eurozone as debt-hit Greece gets set for fresh elections.

Facebook ups initial public offering price to $34-38 (16 May 05:29 am)

Facebook increased the price range of its initial public offering by an average of 14% to raise more than $12 billion, giving the world\'s No. 1 social network a valuation potentially exceeding $100

US to probe $2billion loss at J P Morgan (16 May 05:27 am)

US President Barack Obama has said the $2 billion trading loss by \"one of the best managed banks\" J P Morgan will be investigated and it demonstrates the need for reforms at Wall Street.

JPMorgan CEO is confronted over $2 billion trading loss (16 May 02:51 am)

The CEO of JPMorgan Chase offered a quick but blunt apology to shareholders Tuesday for a $2 billion trading loss that \"should never have happened\'\' and survived a push to strip him of the title of

Moody's cuts 26 Italian banks' ratings (15 May 12:12 pm)

Moody\'s Investors Service cut the long-time credit ratings of 26 Italian banks on Monday, underlining the banking woes in both the country and the euro zone.

Oil lower in Asian trade on eurozone worries (15 May 12:06 pm)

Oil extended losses in Asian trade Tuesday, as the continued political stalemate in Greece as well as banking problems in Italy and Spain drove new fears about the strength of the eurozone.

Essar Ports may enter into stake sale deal with Port of Antwerp (15 May 10:17 am)

Ruia family-promoted Essar Ports is likely to sign a stake sale deal with Port of Antwerp, one of the largest ports in Europe, in the next two months, said Essar Ports MD Rajiv Agarwal.

Asian stocks fall amid Greek worries (15 May 09:55 am)

Asian stock markets fell Tuesday, rattled by a political impasse in Greece that could lead the debt-stricken country to a disorderly and destabilising exit from the euro currency union.

Global downer looms: Greece may exit eurozone (15 May 09:36 am)

Grexit, the term being used to describe Greece leaving the Euro zone, is likely to dominate world markets for a while, as fresh elections in the debt-laden country appear a certainty.

Huawei set to gain as Apple may go for LTE technology (15 May 04:27 am)

Apple’s decision to remove 4G claims from the branding of its iPhone 4S and New iPad is likely to be a shot in the arm for China’s Huawei Technologies, which is trying to promote its LTE

Moody's slashes credit ratings for 26 Italian banks (15 May 02:59 am)

Moody\'s slashed its credit ratings for 26 Italian banks, including Unicredit and Intesa Sanpaolo, Monday citing their vulnerability to more trouble in the eurozone.

JPMorgan CIO Drew quits after trading loss (14 May 09:19 pm)

JPMorgan Chase & Co (JPM.N) chief investment officer Ina Drew retired on Monday, the first casualty after the bank suffered trading losses that could reach $3 billion or more and that have tarnished

EU Commission wants Greece to stay in eurozone (14 May 07:38 pm)

EU Commission wants Greece to stay in eurozone

Vietnam Q2 GDP growth seen at 4.5% y/y: Newspaper (14 May 10:31 am)

Vietnam\'s economic growth may slow to 4.5 per cent in the second quarter from 5.68 per cent expansion in the same period last year, suggesting the country may not attain its annual growth target, a

Oil slips on Greek worries, Saudi call for lower prices (14 May 10:28 am)

Oil fell in Asian trade on Monday amid mounting worries over Europe\'s debt crisis and calls by major crude producer Saudi Arabia for prices to fall further, analysts said.

Asian shares fall after optimism fizzles on China (14 May 09:05 am)

Asian shares quickly lost early gains and ended slightly lower Monday morning as optimism over a move by China\'s central bank to encourage lending were offset by lingering uncertainty about

Euro under pressure in Asia (14 May 08:58 am)

The single European currency was under pressure in Asian trade on Monday, with traders mulling the possibility of fresh elections in deadlocked Greece and bailing out of riskier assets.

South Korea operator mulls bid to buy London airport (14 May 08:35 am)

South Korea\'s main airport operator is interested in buying London\'s Stansted from the British Airports Authority in a bid to expand overseas business, an official said on Monday.

'Dead wrong' about trading concerns: JPMorgan CEO (13 May 07:25 pm)

The CEO of JPMorgan Chase, which disclosed a $2 billion ((euro) 1.55 billion) loss last week, said he was \'\'dead wrong\'\' when he dismissed concerns about the bank\'s trading last month.

Spanish PM defends cuts day after massive protests (13 May 07:00 pm)

Rajoy said the measures are \"necessary\" given Spain\'s dire situation, which includes a staggering unemployment rate of almost 25 percent.

Ailing Nokia falls back on patents legacy (13 May 06:57 pm)

Desperate for cash to tide it over until sales ramp up of new products, Nokia Oyj NOKIV.HE is stepping up its quest for royalties from rivals using its designs as the basis of their technology.

When the Exxon way stops working (12 May 09:12 pm)

When Exxon boss Rex Tillerson walked into a meeting with the President of Ghana on the sidelines of the United Nations General Assembly, he thought he was set to strike a deal with an important new

Australia may have a 'millionaires' tax' soon (12 May 02:09 pm)

The rich in Australia may soon be forced to pay \"millionaires\' tax\" with the country\'s powerful trade union calling the government to slap such a tax, similar to US President Barack Obama\'s so-called