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"This is a positive move," said Ryosuke Okazaki, chief investment officer at ITC Investment Partners in Tokyo. Private equity firm Kohlberg Kravis Roberts & Co offered $1.7 billion for wealth manager Perpetual, although the deal fell through this month. Overseas acquisitions made by J

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After the company on Thursday reported lower quarterly earnings but raised its outlook for the fiscal year, CEO Fred Smith said that shipping demand from both consumers and businesses is picking up. And he expects stronger manufacturing and industrial production to push shipping volume higher in th

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China's fast-growing market. USTR estimated Chinese manufacturers of wind turbines and related parts and components could have received several hundred million dollars in questionable government grants in 2008 under China's "Special Fund for Wind Power Manufacturing." USTR said it

"A strong partnership between India and China will contribute to long-term peace, stability, prosperity and development in Asia and the world," Indian Prime Minister Manmohan Singh said. They also discussed India's tense relations with Pakistan, a close Chinese ally that Wen will visit after leavin

Analysts expected a loss of 8 cents per share. LOS ANGELES – Homebuilder Toll Brothers Inc. caters to high-income earners who tend to enjoy a smaller rate of joblessness than most, but even they're not buying. The builder had a $59.9 million tax benefit in the quarter versus a tax expense of

"I will suggest the work, the composer and all of the other elements," she said. Among Fleming's commitments will be a performance in a staged concert of Andre Previn's "A Streetcar Named Desire" in spring 2013, reprising the Blanche DuBois role she created; an appearance in a production of Strauss