Wells Fargo CEO Tim Sloan said the company could need several more months to resolve customer damage tied to its massive sales practices scandal, such as figuring out if people had trouble getting approved for other loans because of the fake accounts bank employees opened.
Profits at Tiffany & Co. slipped 3 percent in the fourth quarter due to flagging U.S. sales, but strong demand in China and Japan pushed the luxury jeweler past Wall Street expectations and its shares rose sharply Friday.
Thailand should consider adopting a Japanese model called Hometown Investment Trust Fund (HTITF) to promote small business startups, according to Naoyuki Yoshino, dean of the Asian Development Bank Institute (ADBI).
Bucking a trend set by its European peers to divest from coal, the Czech energy group EPH is buying coal-fired power plants across the continent to the dismay of environmentalists lobbying for a phase-out of fossil fuels.
Financial officials from the world's biggest economies are struggling to define a common stance on trade in the face of the Trump administration's insistence that cross-border commerce must be "fair" as well as "free."
Undeterred by the widely reported explosion of several Samsung Galaxy Note 7 smartphones, Taiwan's consumers have demonstrated a preference for the South Korean firm's smartphone models over other brands, making Samsung the largest smartphone vendor in Taiwan in 2016, statistics released by market advisory firm International Data Corp. (IDC) showed on Friday.
Global stocks rose Thursday following a U.S. rate hike and a Eurosceptic party's defeat in Dutch elections.
U.S. President Donald Trump announced Wednesday that his administration will re-examine federal requirements governing the fuel efficiency of cars and trucks, moving forcefully against Obama-era environmental regulations that Trump says are stifling economic growth.
Every now and then, you may notice a number of good-looking guys and girls, on the street or in restaurants, who appear to be video-chatting via their smart phones ...
China's central bank raised short-term interest rates Thursday following the U.S. rate increase as Beijing tries to shore up the value of its currency and stanch an outflow of money.