U.S. factory activity moderated in November, but sustained gains in new orders and a rebound in exports suggested the economy remained on a firmer footing despite slowing global growth.

Dec 01, 2014 01:28 PM EST

Sales of new U.S. single-family homes rose for a third straight month in October, but a downward revision to the prior month's sales pace indicated the housing market recovery would remain gradual.

Nov 26, 2014 10:15 AM EST

Japanese Prime Minister Shinzo Abe said on Tuesday that he would call an early election to seek a fresh mandate for his economic policies, and postpone an unpopular sales tax rise, a day after data showed the economy had slipped back into recession.

Nov 18, 2014 11:35 AM EST

Bank of Tokyo-Mitsubishi has agreed to pay $315 million to New York's banking regulator for submitting a whitewashed report about its improper handling of transactions involving countries subject to U.S. sanctions, according to people familiar with the matter.

Nov 18, 2014 11:24 AM EST

U.S. stocks dipped on Monday, following four consecutive weeks of gains on Wall Street, as energy shares fell alongside crude futures after Japan slipped into recession.

Nov 17, 2014 12:03 PM EST

South Korea's Samsung Electronics Co Ltd (005930.KS) has applied for a license to invest $3 billion in building a second smartphone factory in northern Vietnam, a government official said on Monday.

Nov 10, 2014 10:28 AM EST

Investors were spared immediate pain on Sunday after the European Central Bank's landmark banking health check did not force massive capital hikes amongst the euro zone's top lenders.

Oct 27, 2014 11:41 AM EDT

Russia and Ukraine made progress on Friday towards resolving a row over gas supplies, but European leaders said Moscow had to do much more to prop up a fragile ceasefire and end fighting in eastern Ukraine.

Oct 17, 2014 11:45 AM EDT

Indonesia's President-elect Joko Widodo plans to raise subsidised gasoline and diesel prices by around 50 percent next month in a bid to bring down the budget deficit in Southeast Asia's largest economy, an adviser told Reuters on Friday.

Oct 17, 2014 11:34 AM EDT

What do European cities Stockholm, Oslo, Krakow, Lviv, St Moritz and Munich have in common?

Oct 10, 2014 11:51 AM EDT

Japanese automaker Nissan Motor Co Ltd (7201.T) said on Friday that, together with its Chinese joint venture partner, it sold about 93,700 automobiles in China in September, down 20 percent from a year earlier.

Oct 10, 2014 11:19 AM EDT

Police have found Germany's biggest-ever stash of heroin, with an estimated street value of 50 million euros ($60 million), hidden in a truckload of pickled cucumbers and garlic.

Oct 09, 2014 11:23 AM EDT