Business and Finance news

Japan is poised to unveil a currency-swap line with India in its second international financial agreement with top Asian powers this week.
Finance Minister Jun Azumi told reporters today in Tokyo that Japan is negotiating an agreement with India, the third- largest economy in Asia behind China and Japan. The deal is likely to be […]

Sears Holdings says its hasn’t yet determined which 100 to 120 Kmart and Sears stores it will close after a disappointing holiday sales season.
The company, which has 4,000 stores in the U.S. and Canada, announced today that it would close this number of stores after same-store sales have dropped 5.2 percent so far this quarter.
For […]

Yemen’s outgoing president said Saturday he would leave the country for the United States to help calm tensions in his country as forces commanded by his son and nephew opened fire on more than 100,000 protesters marching into the capital, killing at least nine.
The protesters had marched on foot for four days from the city […]

Marcellus Shale natural gas production is expected to keep rising in 2012, yet landowners may find that signing lease deals isn’t as easy as in years past.
Though still in its early stages, industry experts say that the business of Marcellus Shale gas drilling is starting to change, as new forces emerge.
Among them: lawmakers putting regulations […]

NEW YORK

The majority owner of the Maple Leafs says it rejected

World stock markets edged higher Thursday as speculation that China might ease its monetary policy soothed fears that the German economy _ Europe’s strongest _ may be succumbing to the continent’s debt crisis.
Benchmark oil hovered above $96 per barrel while the dollar fell against the euro and the yen.
European shares rose in early trading, tracking […]

South Korea’s ruling party forced a long-stalled free trade deal with the United States through parliament Tuesday, enraging opposition lawmakers who blasted their political rivals with tear gas.
South Korean lawmakers voted 151 to 7 in favor of ratifying the landmark trade agreement in a surprise legislative session called by the ruling Grand National Party, parliamentary […]

Until this past summer, I used to love shopping at outlet malls. A few times a year, my friends and I would head across the border from Vancouver into Washington state to go shopping at the Tulalip Premium Outlet shopping centre. And whenever we were on vacation, one of the first things we looked up […]

A former board member of Olympus Corp. said Friday that he launched an online petition to persuade the Japanese company to bring back Michael Woodford, the British executive fired for questioning payments made to cover up huge investment losses.
Koji Miyata, who served on Olympus’ board from 1995 to 2006, told The Associated Press that he […]