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Business 01 May 2013 | 2:45 PM

UK trudges towards recovery as manufacturing improves

LONDON: British manufacturing almost returned to growth in April and house prices showed their biggest annual rise in more than a year, suggesting that a slow economic recovery is on its way.

Business 07 Nov 2012 | 12:00 AM

Wall Street left to rebuild Obama ties after backing Romney

NEW YORK: Wall Street firms gambled on Mitt Romney and lost. Now, faced with the prospect of even tougher regulations in President Barack Obama's second term, they have to build better ties with the new financial regulators he will appoint.

Business 31 Oct 2011 | 12:00 AM

China appoints new financial regulators

SHANGHAI: China has appointed new chiefs of its three main financial regulators, state media reported, in a periodic shuffle of officials by the ruling Communist Party.