International Business-News-The Economic Times

Even after 14 years in the white-knuckle world of stock trading, Ken Masuda doesn't sound like a big risk-taker - at least when he talks about his own cash.

The US Department of Justice has expanded its criminal investigation into foreign banks that sell offshore private banking services to include Credit Suisse and HSBC Holdings.

Nokia, the world's largest cellphone maker, will unveil an "interesting" phone to strengthen its product and service offerings later.

Australia's central bank cut its key benchmark cash rate by 100 basis points to 4.25 per cent on Tuesday, the fourth easing in as many months.

The United States officially joined the ranks of the recession-hit economies, but debate is still raging on how long and how deep the downturn will be.

Toyota Motor Corp will cut management bonuses by 10 per cent as the global economic slowdown bites hard.

President George W. Bush expressed remorse that the global financial crisis has cost jobs and harmed retirement accounts.

Corus has applied for Dutch govt financial aid to temporarily reduce work hours of 4,600 workers to cope with the global economic slowdown.

US newspaper advertising revenue collapsed by nearly $2 bn, or 18 per cent, in the Q3, according to the Newspaper Association of America.

Coca-Cola Co has filed an application for anti-trust approval in China for its $2.5 bn bid for juice maker China Huiyuan Juice Group.