Business

Photo

China growth worries rattle Asian stocks, Aussie dollar

SYDNEY - Asian stocks stumbled to a five-week low on Monday after a batch of disappointing data out of China raised the specter of a sharp slowdown in the world's second-biggest economy.

Recent Business News

Bank of Portugal picks new CEO for BES successor Novo Banco

LISBON - The Bank of Portugal on Sunday picked a new chief executive for Novo Banco, successor to Banco Espirito Santo (BES), following the embarrassing resignation of its three top managers appointed only two months ago.

1:44pm EDT

Central banks inflating 'elevated' asset prices: BIS

LONDON - Financial asset prices are at "elevated" levels and market volatility remains "exceptionally subdued" thanks to ultra-loose monetary policies being implemented by central banks around the world, the Bank for International Settlements said on Sunday.

6:19am EDT

Growing foreign fund influence a risk for emerging markets: BIS

LONDON - The global fund management industry is a potential source of risk for emerging markets because of its vast size and herd-like investor behavior that can exacerbate asset price fluctuations, a BIS report said on Sunday.

6:16am EDT

Show us the money: EU seeks billions of euros to revive economy

MILAN Italy - The European Union sought ways on Saturday to marshal billions of euros into its sluggish economy without getting deeper into debt, considering options from a pan-European capital market to a huge investment fund. | Video

13 Sep 2014

Samsung accuses rival LG exec of vandalizing washing machines

SEOUL - Samsung Electronics Co Ltd has accused the head of rival LG Electronics Inc's home appliances business of damaging Samsung washing machines at retail stores in Germany and asked Seoul prosecutors to investigate.

4:23am EDT

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary

How letting women fail can help them succeed

For women, fear of failure isn't an irrational position. Instead, it’s more likely a reaction to social pressures that tell them they will be more harshly judged than their male peers on their perceived missteps.