Investors remained edgy Tuesday, with a rebound on Wall Street offset by lingering concerns over possible further bank tightening moves by Beijing, leaving most Asian stock markets in the red. Asian dealers were given a good start after Wall Street broke a losing streak overnight on optimism that Federal Reserve ...

Uncertainty over US President Barack Obama's bank revamp plans and fears of policy tightening by Beijing spooked risk-averse investors in Asian trade Monday, as financial stocks continued to slide. World market sentiment has soured since Obama unveiled on Thursday plans for a tough banking reform that would limit "excessive ...

Swedish telecom giant Ericsson announced on Monday it would cut an additional 1,500 jobs under a restructuring plan that contributed to a 92 percent fall in net profit in the fourth quarter. Ericsson reported a net profit of 314 million kronors (30.7 million euro, 43.4 million dollars ...

Swedish telecom giant Ericsson said Monday its net profit fell by 92 percent in the fourth quarter due to the costs of a restructuring plan in which 6,500 jobs will be cut. Ericsson reported a net profit of 314 million kronor (30.7 million euro, 43.4 million dollars ...