Japanese Prime Minister Shinzo Abe is urging fellow leaders of the Group of Seven advanced economies to avert another global crisis by acting to rescue the faltering global recovery.
Oil prices jumped Thursday above US$50 for the first time this year as a long-lasting global supply glut shows increased signs of easing. In a boost for countries exporting crude, including the likes of crisis-hit Venezuela, prices are once more on the rise having nosedived from above US$100 a barrel two years ago to around US$27 in early 2016.
Chinese e-commerce giant Alibaba wowed investors when it went public in the U.S. in September 2014, and its profits have bucked Wall Street expectations amid the Chinese economy's slowdown. Yet its unorthodox business structure has raised eyebrows, it's been suspended from an anti-counterfeiting group, and now U.S. regulators are investigating its accounting practices.
The Taiwan External Trade Development Council (TAITRA, 外貿協會) said Thursday it expected its usual cross-strait economic and trade activities to continue under President Tsai Ing-wen's administration.
You might start seeing more ads when getting directions from Google's popular mapping service. The ads, called "promoted pins," will highlight restaurants and other merchants located along your way. They'll show up inside the directions map as Google routes you to your destination.
CEOs at the biggest companies got a 4.5 percent pay raise last year. That's almost double the typical American worker's, and a lot more than investors earned from owning their stocks -- a big fat zero.
MOSCOW - President Vladimir Putin warned Wednesday that Russia will have to find "new sources of growth" to pull itself out of a lingering economic crisis.
Orders for long-lasting U.S. manufactured goods surged in April on strong demand for transportation equipment and a range of other products, but continued weakness in business spending plans suggested the manufacturing rout was far from over.
Energy stocks jumped in Asia Thursday after oil surged past US$50 a barrel for the first time this year, providing a bright point as regional bourses generally took a breather.
For the second year in a row, female CEOs earned more than their male counterparts and received bigger raises. But only a small sliver of the largest companies are run by women, and experts say gender parity at the top remains way off.