Korean car companies sold 109,000 units in May, according to car research firm Edmunds. That would put the sales of Kia and stablemate Hyundai ahead of Japan's Honda (NYSE: HMC) ... Read Full Story »
Moody's put Japan's sovereign debt on credit watch with "review for a possible downgrade." The agency wrote: The review has been prompted by heightened concern that faltering economic growth prospects ... Read Full Story »
The selection of a new Managing Director of the International Monetary Fund has become contentious because some of the world's largest emerging nations believe the organization's next leader should come ... Read Full Story »
Moody's said it may downgrade Japan's debt because of its economic problems and huge debt. (Reuters) Goldman Sachs traded $1.8 billion in Libyan sovereign capital in 2008 and lost most ... Read Full Story »
Twitter has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have ... Read Full Story »
Updated throughout the day The EU is at work on a second bailout of Greece (Reuters) VW may make a formal offer for MAN (Reuters) Hedge fund manager David Einhorn ... Read Full Story »
Despite huge amounts of data to the contrary and the opinions of a large number of economists, The Treasury Department said China is not a currency manipulator. Treasury sends a ... Read Full Story »
S&P 500 WEEK TOP 10 (20 MAY – 26 MAY) Ticker Weekly Price Change (%) Close Price 26May11 Close Price 20May11 Market Cap ($Mil) Tiffany & Co. TIF 9.8 ... Read Full Story »
Each morning we give a quick hit to the top Wall Street analyst upgrades and downgrades that we see. As you might expect, some calls are much better, are much ... Read Full Story »
Today's commodities watch focuses exclusively on silver, The Devil's Metal. It appears that the gray metal may have hit a floor although the exact level of that floor is arguable. ... Read Full Story »
A Rare earth metals exchange? In China? Reports were out last night that Baotou Steel Rare Earth has won has won an approval from the local government to actually start ... Read Full Story »
Today's alt energy news begins with a decision in Switzerland to phase out nuclear power generation. A Chinese renewables firm has withdrawn its IPO for a second time and CH ... Read Full Story »
As the long holiday weekend rolls in, we thought we'd take a look at some oil, gas, and energy services stocks that might offer good value in the medium term. We've ... Read Full Story »
It is a tale you have heard before... driving down prices or capping hikes by bidding contract renewals out in what feels like a Dutch auction. Today's daily hat trick comes ... Read Full Story »
Twitter has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have ... Read Full Story »