How the Wisdom of Confucius Can Lead You to Financial Success
Asian Americans are the highest-income and best-educated racial group in the U.S.,and author YuKong Zhao believes he knows why: Confucian values.
China
Yum Brands' China Sales Catch a Case of Bird Flu
The bird flu outbreak in China is taking a big bite out KFC's sales there. They fell 16% last week, and the downtrend for the unit of Yum Brands is continuing this month.
KFC's China Sales Hit Hard by Bird Flu Outbreak
Yum Brands says a new strain of flu is hurting its KFC sales in China, putting added pressure on its efforts to recover from an earlier controversy over its chicken suppliers.
Fitch Downgrades China's Credit Rating on Rising Debt Concerns
Global ratings agency Fitch cut China's long-term local currency credit rating, citing financial risks from rapid credit expansion alongside the rise of shadow banking activity.
China Set to Surpass US as Top Importer of Oil
The oil cartel OPEC says that China could overtake the U.S. as the biggest importer of oil in the world as soon as next year. The reason: a boom in shale oil production.
Obama's Goal to Boost Export Levels is Halfway Home
President Obama's five-year goal, set in January 2010, to boost U.S. export levels set is about halfway to its mark, but can the U.S. sustain the momentum?
16 Big Bubbles That Are Getting Ready to Pop
With stocks markets soaring, many wonder if equities will be the next bubble to burst. But stocks aren't the only assets that look frothy: These are showing danger signs too.
Apple Apologizes in China Following Criticism by State Media
Apple apologized to Chinese consumers after government media attacked its repair policies for two weeks in a campaign that reeked of economic nationalism.
Tiffany's Earnings Beat Estimates, Despite Sluggish U.S. Sales
Tiffany's quarterly net income rose less than 1 percent, but still beat Wall Street predictions as strong demand in Asia for its goods offset weakness in the U.S.
Birth Tourism: An Economic Win for the U.S., Today and Tomorrow
A backlash is brewing against Chinese "birth tourists," but those who complain they're gaming the 14th Amendment should relax: Anchor babies are a win for the U.S. economy.
The Big Companies Paying the Most in Taxes -- and the Least
The federal corporate tax rate is 35% but that's not what most big companies pay, and the disparities can be huge: Some pay billions, while others pay nothing.
China's Economic Woes Weigh On Asia Stock Markets
World stock markets edged off recent highs in uneven trading Tuesday as worries grew about China's recovery and Europe's doldrums
World Stocks Surge; Dow Breaks All-Time High
World stock markets rose Tuesday as investors applauded China's pledge to stick to economic growth targets for its economy, the world's second largest. Outgoing Premier Wen Jiabao said the government would spend what it needs to meet the target of 7.5 percent enshrined in the latest five-year development plan.
5 Foreign Stocks You Can Snap Up at Bargain-Basement Prices
when a country's stock market gets crushed due to wider economic concerns, some promising often stocks get unfairly punished. Here are five foreign companies whose shares are trading now at attractive prices, along with explanations for why they're such bargains.
Bull Today, Bear Tomorrow: 5 Portfolio Strategies for Any Market
Sure, the stock market is looking strong now, but the recent downturn has left investors understandably on edge. If you're nervous about whether your portfolio is set up to weather the next financial storm, here are five pieces of sound advice for you.