25 Apr 2005 04:52 PM

The US third-largest bank in assets J.P. Morgan Chase & Co. said it would follow the demand from ecological activists and the company’s shareholders and would adopt guidelines that restrict its lending and underwriting practices for the industry projects that are under scrutiny over possible damage to the environment. An environmental

25 Apr 2005 02:50 PM

Europe’s largest bank by market value HSBC Holdings Plc said it has an option to expand in China by enlarging the number of jobs and branches in the world’s fastest-growing economy. The bank plans to open branches in up to 20 cities of China by 2007, it said in a statement. HSBC will lift the number

25 Apr 2005 01:41 PM

UAL Corp.’s United Airlines reached an agreement with a federal pension insurer on hand-over of the carrier’s four underfunded pension plans to the government.

25 Apr 2005 01:22 PM

China is forced by the US companies to make its market more open and provide free access to it to foreign firms in an attempt to improve its tense relations with the United States.

25 Apr 2005 01:15 PM

European and American regulators announced Friday their intention to harmonize their accounting rules, a move long-expected by companies doing business on both sides of the Atlantic.

25 Apr 2005 12:54 PM

The YUKOS case is one of those cases that will long evoke new developments after Russia’s President Vladimir Putin started puzzling Western leaders.

25 Apr 2005 12:21 PM

Italian Prime Minister Silvio Berlusconi managed to form a new government in a hurried way, but remains to be in a fragile political position.

25 Apr 2005 12:15 PM

China can follow the international pressure and lift its undervalued currency , according to Zhou Xiaochuan, governor of the People’s Bank of China.

25 Apr 2005 12:01 PM

Japanese government ordered Citigroup Inc.’s Japan trust-banking unit to stop arrangement of new business in the region. The move is declared to be a kind of punishment for violating local banking laws.

25 Apr 2005 11:43 AM

China and Japan failed to make progress in negotiations over the gas drilling issue that caused mass demonstrations in Chinese cities with the demand for Japan to stop drilling in disputed area.

25 Apr 2005 10:20 AM

CITIGROUP SMITH BARNEY CUT DOW JONES TO "SELL" FROM "BUY"

25 Apr 2005 10:08 AM

U.S. existing home sales rose 1.0% in March to 6.89 million,according to the National Association of Realtors. Economists were expectng 6.76 million. Sales in February were revised to 6.82 million from 6.79 million. The

25 Apr 2005 10:06 AM

MERRILL LYNCH CUT ITS 2005 U.S. GDP GROWTH OUTLOOK TO 3.4% FROM 3.7% DUE TO SOARING OIL PRICES

25 Apr 2005 10:04 AM

BEAR STEARNS CUT INSTINET GROUP TO "PEER PERFORM" FROM "OUTPERFORM"

25 Apr 2005 10:02 AM

General Electric Co. is said to start talks on selling its self-storage business for around $2.5 billion to a Prudential Financial Co. unit and Extra Space Storage Inc.