World Economic

Corporate balance sheets may be showing signs of the wear and tear from the prolonged U.S. recession as accounting irregularities are starting to surface […]

U.S. health insurer WellPoint Inc posted an 11 percent drop in profit as Americans losing their jobs also lost insurance coverage, but results crushed […]

The Bank of Japan will probably forecast this week that deflation will extend into 2011, an indication that borrowing costs are likely to stay […]

German business confidence rose to a 13-month high in October, improving the outlook for growth in Europe’s largest economy.
The Ifo institute in Munich […]

Epic swindler Bernard Madoff shared a prison cell with a 21-year-old drug dealer, and other fellow inmates included a spy and a mob boss […]

The Czech central bank should further loosen monetary policy as inflation may be significantly below its target next year, Vice-Governor Miroslav Singer said.
The […]

Bank of England policy maker Adam Posen may back an extension of the bank’s asset purchase program from the current 175 billion pounds ($286 […]

Google Inc’s growth machine is back in gear.
The world’s No. 1 search engine not only posted higher-than-expected third-quarter profits and revenues, but also said […]

Two victims of Bernard Madoff’s Ponzi scheme filed a federal lawsuit against the U.S. Securities and Exchange Commission on Wednesday, seeking at least the […]

Hedge funds have rallied from last year’s stunning losses, yet hundreds of managers remain deep in the hole and face some tough decisions in […]