European Bank Job Cuts Exceed 40,000 as UBS Eliminates 5% of Its Workforce 2011-08-25

UBS AG (UBSN) ’s decision to cut 5 percent of its workforce brings to more than 40,000 the number of jobs cut by European banks in the past month ...

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China Overtakes U.S. as Largest Market for PCs 2011-08-23

China probably overtook the U.S. as the largest personal-computer market last quarter, after three decades of American dominance in an industry pio ...

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Hong Kong’s Inflation May Boost Recession Risk 2011-08-23

Hong Kong’s inflation surged to the fastest pace since 1995, encouraging workers to press for higher pay even as the economy teeters on the edge o ...

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Ex-UBS Client Must Give Tax Records to Grand Jury, Court Rules 2011-08-23

A former UBS AG (UBSN) client can’t assert his constitutional right against self-incrimination to avoid turning over his bank records to a U.S. ...

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Gold Tops $1,900 for First Time as Economic Concerns Lift Demand 2011-08-23

Gold extended its rally to a record above $1,900 as mounting concern that the global economy is faltering spurred demand for bullion as a protectio ...

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ShengdaTech Board Suits Chief Chen 2011-08-23

Board members of ShengdaTech Inc. (SDTH) , a Chinese company that gained access to U.S. investors through a reverse merger, sued the chief executi ...

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