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US economy grows faster than expected in third quarter

TheUSeconomyexpandedatanannualpaceof3%duringthethreemonthstotheendofSeptember,whichwasstrongerthanexpected.Thegrowthextendedtherobustactivityreportedintheprevio

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U.S. economy expands 3 pct in Q3

TheU.S.economygrewatanannualrateof3percentinthethirdquarteroftheyear,slightlylowerthanthe3.1percentinthepreviousquarter,theCommerceDepartmentreportedFriday.Thed

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S. Korea's Kia Motors posts 1st operating loss in decade

KiaMotors,SouthKorea'sNo.2carmaker,posteditsfirstoperatinglossin10yearsduetoaone-offfactor,aregulatoryfilingshowedFriday.Kia'soperatinglossreached427billionwon(

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S.Korea's GDP growth hits seven-year high on export recovery

SouthKorea'sgrossdomesticproduct(GDP)growthhitthehighestinoversevenyearsthankstorobustrecoveryofexports,whichaccountforabouthalfoftheexport-driveneconomy,centra

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Gucci propels sales boom at France's Kering in third quarter

SurgingdemandforGucci’saccessoriesandcolorfuldesignshelpedFrenchparentKeringbeatsalesforecastsinthethirdquarter,assomeoftheluxuryindustry’sbiggestcompaniesridea

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GM loses $3 bln in third quarter due to Opel-Vauxhall sale

GeneralMotorsreportedonTuesdayanetlossof3billionUSdollarsinthethirdquarterthisyeardespiterobustresultsinNorthAmericaandChina.Thelosswasdrivenprimarilybyachargeo

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EBay's profit forecast disappoints, shares fall

EBayIncwarnedWallStreetonWednesdaythatprofitthisquartercouldfallbelowanalysts’estimatesasitinvestsinmarketingandarevampedwebsitetoattractmoreshoppers,sendingsha

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NBA opener: Warriors squander huge lead in opening defeat

TheGoldenStateWarriorsweredownonetotheHoustonRocketswith10.6secondsremaininginthecontest.ShaunLivingstonreceivedtheballfromasideinboundsandfoundStephenCurryfora

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JPMorgan beats, shrugs off tough trading quarter

JPMorganChasereportedthird-quarterearningsonThursday,anditbeatWallStreetestimates.Thebankpostedearningsof$1.76ashare,abovethe$1.65consensus,withtheconsumerandco

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Samsung Electronics posts record operating profit in Q3

SamsungElectronics,SouthKorea'stechbehemoth,postedthebiggestoperatingprofitinthecompany'shistoryinthethirdquarter,aregulatoryfilingshowedFriday.Preliminaryfigur

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India investors eye GST impact on July-September corporate earnings

ProfitsfromIndia'stopfirmsareexpectedtohaveswungbacktogrowthinJuly-Septemberfromadeclineinthepreviousquarter,thougheconomicheadwindsarelikelytohavekeptthepaceof

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Vietnam economy grows, boosted by exports

Vietnam'seconomysurgedmorethansevenpercentinthethirdquarteraccordingtodataFriday,butofficialswarnedthecommunistcountrymaystillfallshortofitsannualtarget.Communi

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British banks' pessimism in worst run since financial crisis

OptimismaboutthebusinessenvironmentamongBritain’sfinancialservicesfirmsdeclinedagaininthethirdquarterofthisyear,thelongestrunoffallingsentimentsincetheglobalfin

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US second-quarter GDP growth revised up, fastest in over two years

USeconomyinthesecondquartergrewfasterthaninitiallythought,notchingitsquickestpaceinmorethantwoyears,andtherearesignsthatthemomentumwassustainedatthestartoftheth

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Uber grows in spite of scandals, but keeps bleeding cash

Uber'sendlessstreamofscandalsdoesn'tappeartohavemademuchofadentinitsbottomline...notthatthecompanyisbreakingoutthechampagnejustyet.Theride-sharingfirmreportstha

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Alibaba profit nearly doubles on robust revenues

Chinesee-commercegiantAlibabasaidThursdayitsnetprofitalmostdoubledinthelatestquarteronthebackofsolidrevenuegrowthinitscoreshoppingbusinessandincloudcomputing.Al

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Philippine economy grew by 6.5% in Q2; 6.4% in first half of 2017

ByAPDWriterMeloM.AcunaMANILA,August17(APD)–ThePhilippines’GrossDomesticProduct(GDP)grewby6.5percentinthesecondquarterof2017and6.4percentinthefirsthalfof2017.Und