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A total of 36,200 homes were repossessed in 2011 - the lowest annual total since 2007, mortgage lenders say.
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SHANGHAI/HONG KONG (Reuters) - Trading in shares of Alibaba.com Ltd was halted on Thursday pending an announcement regarding its parent, Chinese e-commerce giant Alibaba Group, which reportedly plans to buy back the 40 percent stake in it held by Yahoo Inc.
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BANGKOK (AP) -- World stocks moved cautiously higher Thursday as confidence rose that Greece will get its next bailout despite an 11th hour snag and investors took in stride data showing inflation in China is heating up again....
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Rio Tinto chief to forgo bonus as miner reports a 59% dip in profit after writing down the value of its Alcan aluminium business by $8.9bn.
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SHANGHAI (AP) -- The year of the dragon came in with a whimper instead of a roar as Chinese industry data show passenger car sales in the world's biggest auto market fell 24 percent from a year earlier....
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DUBAI, United Arab Emirates (AP) -- Fast-growing Gulf carrier Etihad Airways says it has turned its first annual profit since starting operations just over eight years ago....
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BEIJING (Reuters) - China's annual inflation spiked to a consensus-busting 4.5 percent in January as spending jumped during the Chinese Lunar New Year holiday season, breaking a five-month softening trend and forcing a market rethink of policy easing expectations.
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At first, the San Leandro woman, who had fallen behind on her condo payments, thought the letter was a scam. "You could sell your home, owe nothing more on your mortgage and get $20,000," it proclaimed in large type. "I...
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submitted by Robby for team staff news 5 hours 46 minutes ago
SYDNEY/SEOUL (Reuters) - Qantas Airways and Korean Air will carry out inspections for wing cracks on their Airbus A380 superjumbo planes earlier than previously scheduled, after European air safety officials ordered global checks, warning of a safety risk if the defects were not fixed.
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TOKYO (Reuters) - Shares and the euro struggled on Thursday, as sentiment grew cautious after Greek political leaders failed to conclude a deal for a bailout package crucial to avoiding a messy debt default.
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SINGAPORE (AP) -- Oil prices hovered below $99 a barrel Thursday in Asia as U.S. crude demand lags the overall improvement in the world's biggest economy....