German investor confidence has stabilized after dropping for four consecutive months as markets emerge from the worst of the U.S. subprime mortgage crisis, a closely watched survey showed Tuesday.
LG Electronics Inc., a major producer of mobile phones and consumer electronics, said Tuesday that third-quarter net profit surged nearly 15-fold amid record handset sales and better performance by its flat panel joint venture LG.Philips LCD Co.
Strong growth by its cancer medicines helped Roche Holding AG increase its third-quarter sales by 6 percent, the Swiss pharmaceutical company said Tuesday.
BAE Systems PLC, the defense company being investigated by the U.S. Department of Justice over plane and military equipment orders from Saudi Arabia, said Tuesday that Chief Executive Mike Turner will step down next August.
Hong Kong shares tumbled in volatile trading Tuesday on signs that China's long-awaited individual overseas investment scheme may not be launched as soon as expected.
Bulgaria's current account deficit grew to ?160.7 million (US$228.2 million) in August, nearly double the ?86.8 million (US$123 million) in the same month last year, the country's central bank said Tuesday.
China's new foreign investment agency will invest in all global markets including Taiwan and Hong Kong, a state news agency on Tuesday quoted its chairman as saying.
The dollar edged higher against the yen Tuesday in Asia as short-term investors hunted bargains in the U.S. currency following its overnight decline in the wake of Wall Street's slump.
Luxury goods retailer Burberry PLC reported a 15-percent increase in revenue Tuesday, saying new lines and cohesive marketing campaigns have proved popular with both retail and wholesale customers.
