Business

Oil producers may not need to extend cuts: Kuwait

KUWAIT CITY, Kuwait (AFP) -- Oil producers may not need to roll over a deal to cut production beyond March…

Japan’s Kobe Steel scandal spreads, 500 firms affected

TOKYO, Japan (AFP) -- Japan's Kobe Steel admitted Friday that a snowballing falsified data scandal had affected around 500 customers,…

US stocks rise on strong retail sales; Europe mixed

by John BIERS Agence France Presse NEW YORK, United States (AFP) -- Wall Street stocks rose Friday, with the Nasdaq…

China’s imports from North Korea fall as trade with world surges

  BEIJING, China (AFP) -- China's imports from North Korea fell for the seventh month in a row, official data…

Samsung Electronics expects record $12.8bn Q3 operating profit

Samsung Electronics said Friday it expected profits to hit an all-time high in the third quarter, as booming semiconductor sales…

Uniqlo operator says annual profit soars to record

 TOKYO, Japan (AFP) -- Uniqlo's parent company said Thursday that its annual net profit more than doubled from a year ago to…

IMF sounds alert over debt in largest economies

 by Antonio Rodriguez Agence France-Presse WASHINGTON, United States (AFP) -- For the first time in years the International Monetary Fund is optimistic…

Euro holds gains on Catalonia speech, Asia markets rally

HONG KONG, China (AFP) -- The euro held gains Wednesday after Catalonia's leader stepped back from the brink in a…

Japan steel scandal grows as more carmakers hit: report

TOKYO, Japan (AFP) -- Six of Japan's best-known carmakers including Nissan and Honda used products from Kobe Steel, a report…

Wal-Mart lifts Dow to record; Spanish stocks slide

by John Biers Agence France-Presse NEW YORK, United States (AFP) -- A strong forecast from retail behemoth Wal-Mart propelled the Dow to…

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