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21 Oct 2014 23:34

US existing-home sales bounce back in September

Sales of existing homes rebounded in September, rising 2.4 per cent to an annual rate of 5.17 million units, their highest pace this year, said the National Association of Realtors.

  • 21 Oct 2014 21:12

    EU fines JP Morgan US$78m for rigging interest rates

    US banking giant JP Morgan has been fined more than €61 million (US$78 million) by the European Commission for its role in rigging benchmark international interest rates in 2008-09.

  • 21 Oct 2014 21:53

    Probe into plane crash that killed Total's CEO de Margerie

    Russian investigators said the snowplough driver was drunk and that his actions, along with "an error by air traffic controllers", seemed to have led to the crash of Total CEO's private jet with the snow-clearing machine on takeoff from Moscow's Vnukovo airport on Monday night. 

  • 21 Oct 2014 10:20

    China economic growth falls to five-year low of 7.3%

    China's economy is suffering from a deflating property bubble, a government crackdown on corruption and weak demand from Europe.

  • 21 Oct 2014 22:28

    McDonald's profit slumps, sales fall

    McDonald's net income slumped 30 per cent on-year in the third quarter to US$1.07 billion, as global sales fell due to a food-safety scandal in China and intense competition in the US.

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