By MATTI HUUHTANENAssociated Press
HELSINKI (AP) - Moody's ratings agency on Friday downgraded Nokia's debt grade to junk status, citing greater than anticipated pressure on the struggling cellphone maker's earnings after it announced plans for major cuts and global
By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - Foreign demand for U.S. Treasury securities rose to a record high in April. China, the largest buyer of Treasury debt, increased its holdings slightly after trimming them for two straight months.
By ALEXA OLESENAssociated Press
BEIJING (AP) - Shanghai grad student Wu Heng hadn't planned to become a food activist but he couldn't stop himself after reading a news story about cooks slathering pork in chemicals to make it look and smell like costlier cuts of beef
By VLADIMIR ISACHENKOVAssociated Press
MOSCOW (AP) - Russia's foreign minister said Friday that Moscow isn't discussing Syria's future without President Bashar Assad as Washington has claimed, in the latest volley in a contentious back-and-forth on how to end the
By KELVIN CHANAP Business Writer
HONG KONG (AP) - Hong Kong's stock exchange operator said Friday it has agreed to buy the 135-year-old London Metal Exchange for 1.4 billion pounds ($2.2 billion) as it shifts into commodities to capitalize on Chinese demand
By COLLEEN BARRYAP Business Writer
MILAN (AP) - World stock markets rebounded Friday on anticipation that central banks will act to keep any political instability in Greece following weekend elections from destabilizing the global economy.
Uncertainty ahead of
By EILEEN NGAssociated Press
KUALA LUMPUR, Malaysia (AP) - Malaysia's government has imposed two new conditions on a rare earth refinery set up by Australian miner Lynas to assuage public fears of radioactive pollution.
Tan Bun Teet, who heads the "Save
By YURI KAGEYAMAAP Business Writer
TOYOTA, Japan (AP) - Toyota Motor Corp. President Akio Toyoda assured shareholders Friday that Japan's top automaker had recovered from last year's disasters even as power shortages continue to dog the country.
By CALVIN WOODWARD and TOM RAUMAssociated Press
WASHINGTON (AP) - President Barack Obama accused Republicans of paying for wars "on the nation's credit card" even though he has used the same plastic for the same purpose, and for many others. Mitt Romney defied logic and
By CANDICE CHOI and MATTHEW PENNINGTONAssociated Press
NEW YORK (AP) - The Coca-Cola Co. plans to start selling its drinks in Myanmar for the first time in 60 years, following the U.S. government's decision to suspend investment sanctions on the country for its democratic