BUSINESS: GOLDSEA

Subscribe for Free Updates

Subscribe Now to receive Goldsea updates!

Subscribe for updates on Goldsea: Asian American Daily

Subscribe Now

Business

Europe Stocks Anticipate Wall Street Rebound

European stock markets rose Monday as investors looked past a ...

Moody's Cuts Ireland Credit Rating

The Moody's agency cut Ireland's credit rating Monday, citing the ...

Wholesale Prices Fall for 3rd Consecutive Month

Wholesale prices fell for a third consecutive month as another ...

Nokia Siemens Buys Motorola Network

Nokia Siemens Networks says it will acquire the majority of ...

Delta Posts $467 Mil. Q2 Profits

Delta Air Lines reversed a second-quarter loss with what it ...

Stock Market Moves Up Despite Weak Housing Data

Stocks rose modestly Monday as investors bought selectively following the ...

IBM Posts Higher Q2 Profits, Raises 2010 Guidance

IBM Corp. jacked up its 2010 guidance Monday on the ...

China Should Boost Interest Rates Says ADB

China should boost interest rates or allow its currency to ...

Google Pledged to Obey Law to Earn China Renewal

China renewed Google's Internet license after it pledged to obey ...

Toyota Subpoenaed on Steering Rod Defect

Toyota Motor Corp. said Tuesday it has been subpoenaed by ...

PepsiCo Revenues Soar on Overseas Growth

Foreign currency fluctuations pushed down PepsiCo Inc.'s second-quarter net income ...

$21 Bil. in Plane Orders Signals Airline Recovery

Airbus says that Hong Kong Airlines intends to buy $5.7 ...

Asia Stocks Rise, Europe Falls on Goldman Earnings

European stocks and Wall Street futures fell Tuesday after lower ...

LightSquared to Offer 4G Wireless Network Across US

U.S. consumers and businesses may get more options in wireless ...

BP Raises $7 Bil. with Asset Sale to Apache

BP PLC is moving quickly to secure the money it ...

World Markets Rise on Sweet Apple Earnings

Asian stock markets posted mild gains Wednesday after better-than-expected earnings ...

Airbus Takes Lead As Farnborough Hits $25 Bil.

Plane makers notched up more orders on the third day ...

Apple iPhone 4 Defective Says Consumer Reports

Consumer Reports said Monday it will not recommend Apple Inc.'s ...

Bank of Korea Raises Interest on Strong Growth

South Korea's central bank raised its key interest rate Friday ...

World Stocks Continue Rise on Korea Rate Hike

World stock markets rose Friday on hopes that global economic ...

Peugeot Citroen Signs $1.2 Bil. to Make Cars in China

France's PSA Peugeot Citroen SA signed a deal Friday to ...

Toyota Signals Willingness to Raise China Wages

Toyota's president says the company is open to raising the ...

Dow Finishes Week Up 5.3% for Year's Best Gain

The stock market ended its best week in a year ...

China June Imports Skyrocket 53%

China's customs agency on Saturday said exports were up 35 ...

China Foreign Reserves Hit $2.45 Trillion

China's foreign reserves reached $2.45 trillion dollars by the end ...

China Rating Agency Offers Alternative Risk Assessments

A Chinese firm that aims to compete with Western rating ...

Bank of Korea Raises Growth Forecast to 5.9%

South Korea's central bank raised its forecast for the country's ...

Asia Stocks Rise on Booming China Trade

Asian stock markets rose Monday, lifted by robust Chinese trade ...

Avon to Buy Silver Jeweler Silpada for $650 Mil.

Avon Products Inc., a direct seller of beauty products, agreed ...

J&J to Buy Device Maker Micrus for $480 Mil.

Johnson & Johnson said Monday it will pay $480 million ...

Hugh Hefner Makes Bid to Take Playboy Private

Hugh Hefner wants to buy out the portion of the ...

Conde Nast's Reddit Asks Readers for Donations

Though it's owned by a large media company, Reddit needs ...

Morgan Stanley Reports Big Income Jump

Morgan Stanley says its second-quarter net income jumped to $1.58 ...

Europe Stocks Rise on Alcoa Earnings, Asia Slips

Asian stock markets rose Tuesday as sentiment strengthened on better-than-expected ...

Nissan Leads Japan Car Outsourcing with Thai-Made March

Nissan took the wraps off its new March subcompact Tuesday, ...

Trade Deficit Jumps As Import Growth Outpaces Exports

The trade deficit rose in May to an 18-month peak ...

Federal Deficit Tops $1 Tril. with 3 Months Left

The federal deficit has topped $1 trillion with three months ...

Intel Posts Biggest Quarterly Profit in Decade

Intel Corp. has booked its largest quarterly net income in ...

Asian Stocks Jump on Intel Earnings, Singapore Growth

Asian stock markets jumped Wednesday, powered by better-than-expected earnings from ...

Turkey Emerges As Global Construction Power

An army of Turkish cranes and bulldozers is at work ...

Asian Stocks Slip on U.S. Slowdown Concerns

Asian stock markets retreated Thursday after disappointing news on the ...

China Economy Grew 11.1% During First Half of 2010

China's rapid growth is slowing as the impact of its ...

2010 Foreclosures to Pass 1 Mil. for First Time

More than 1 million American households are likely to lose ...

Novartis Q2 Profits Up 19% to $2.44 Bil.

Drug maker Novartis AG has reported a second-quarter increase in ...

JPMorgan Profits Soar to $4.8 Bil. in Q2

JPMorgan Chase & Co. said Thursday its second-quarter net income ...

New Jobless Claims Fall Sharply Again

New applications for unemployment benefits fell sharply last week as ...

ArcelorMittal Back to Profit with $1.7 Bil. for Q2

ArcelorMittal SA, the world's biggest steelmaker, said Wednesday that a ...

Packed Planes, Baggage Fees Change Air Travel

Good times are finally back for the nation's airlines. For ...

FedEx Raises Year's Outlook on Strong Asia Growth

In another sign of confidence in the global economy, FedEx ...

Home Prices Expected to Keep Declining

Thought the housing crisis was over? Not quite. Despite four ...