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Read the latest up-to-the minute trading and business news from major global news sources.
10 Mar 05:01 AM
Machine orders (MoM) in Japan declined 3.7% in January after climbing 20.1%, while it came worse than the forecasted 3.5%. On yearly basis, machine orders dropped 1.1% following a decline by 1.5%, and forecasts referred to -0.6%.
10 Mar 04:45 AM
Mr. Philip Lowe the RBA Assistant Governor said today in Sydney the Australian economy will expand more than its average pace during the next few years, pushing inflationary pressures and house prices up. Lowe expected accelerating growth, stronger labor market, and inflation consistent with the med...
10 Mar 04:44 AM
Australia\'s Westpac consumer confidence gained 0.2% in March compared with -2.6% in February. Consumer confidence rose to 117.3 from 117.0.
10 Mar 02:06 AM

A row of Toyota Prius cars sits on the lot at Toyota of El Cajon Tuesday, March 9, 2010 in El Cajon, Calif. Driver James Sikes' 2008 Toyota Prius raced out of control on a San Diego freeway Monday. A California Highway Patrol officer helped him stop the car. (AP Photo/Denis Poroy)AP - The government sent investigators Tuesday to examine a Prius that sped out of control on a California freeway, and Toyota said it wanted to interview the driver as the besieged automaker dealt with a high-profile new headache that raised questions about the safety of its beloved hybrid.


10 Mar 02:00 AM
AP - European officials urged the U.S. to join in a crackdown on speculators who bet against Europe's currency union, warning they might ban some credit default swaps — opaque financial instruments blamed for worsening the world financial crisis.
10 Mar 01:57 AM

Traders work on the floor of the New York Stock Exchange in this March 9, 2009 file photo. U.S. stocks edged higher on March 9, 2010, the one-year anniversary of the market lows reached in the recession, helped by gains in industrial shares as optimism about the recovery remained intact. REUTERS/Brendan McDermid/Files (UNITED STATES - Tags: ANNIVERSARY BUSINESS)AP - Asian stock markets were little moved in early trading Wednesday after investors in the U.S. seemed to pause and look back on a year of recovery from the market's 12-year lows.


10 Mar 01:54 AM

Treasury Secretary Timothy Geithner talks with Greek Prime Minister George Papandreou before their meeting, Tuesday, March 9, 2010, in Washington. (AP Photo/Haraz N. Ghanbari)AP - President Barack Obama stood with Greek Prime Minister George Papandreou on Tuesday and pledged that the United States would work with its ally, even as Greece's enormous debts sparked frenzied trading.


10 Mar 01:05 AM
AP - ICF International Inc.'s quarterly profit ticked higher as the company benefited from a lower tax rate and higher revenue from its consulting and technology services.
10 Mar 12:48 AM
AP - Dollar General Corp. has filed a federal lawsuit against rival discount chain Fred's Inc., claiming the smaller company is using its trademark yellow and black colors.
10 Mar 12:26 AM

U.S. Secretary of Energy Steven Chu, left, answers questions from IHS CERA chairman Daniel Yergin, right, at a global energy conference hosted by IHS Cambridge Energy Research Associates Tuesday, March 9, 2010, in Houston. The Energy Department forecast that the average price for gasoline won't rise much above $3.00 per gallon this year.(AP Photo/Pat Sullivan)AP - As the economy recovers, energy prices are rising and that is placing extra strain on families' budgets.


10 Mar 12:23 AM

US Secretary of Commerce Gary Locke (C) leaves the Brazilian Trade Ministry after meeting with the Brazilian Trade Minister Miguel Jorge, in Brasilia. Locke said Tuesday that Washington was seeking talks with Brazil before it imposes retaliatory trade tariffs for US cotton subsidies the WTO ruled as discriminatory.(AFP/Adriano Machado)AFP - Visiting US Commerce Secretary Gary Locke said Tuesday that Washington was seeking talks with Brazil before it imposes retaliatory trade tariffs for US cotton subsidies the WTO ruled as discriminatory.


09 Mar 11:43 PM

In this Feb. 10, 2010 photo, Mark McKenzie, of Roseville, Mich., views paperwork while attending a job fair in Detroit. Job openings rose sharply earlier this year, a sign that employers might be preparing to step up hiring.(AP Photo/Paul Sancya)AP - Job openings rose sharply earlier this year, evidence that employers are slowly ramping up hiring as the economy improves.


09 Mar 11:00 PM

Traders work on the floor of the New York Stock Exchange, Tuesday, March 9, 2010.(AP Photo/Mark Lennihan)AP - A year after the stock market began its comeback from 12-year lows, investors are looking for the next big thing.


09 Mar 10:49 PM
AP - Kansas would impose a new tax on soda — a penny for every teaspoon of sugar — under a proposal that a key legislator outlined Tuesday while lawmakers considered raising taxes to erase a projected budget shortfall.
09 Mar 10:32 PM
Sterling lost ground on Tuesday as disappointing economic data and renewed concern over the UK’s banking sector and fiscal health weighed on the pound
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