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HSBC Holdings Plc, Europe’s largest bank, will withdraw from consumer banking in Japan, closing down six branches four years after starting the business.
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The U.S. is “cautiously optimistic” about talks in Beijing today with North Korea, the first such meeting since Kim Jong Il died in December and his son inherited leadership of the isolated, nuclear-armed country.
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Japanese stocks declined, with the Nikkei 225 Stock Average falling from a six-month high, as technical indicators signaled shares may be overbought and U.S. housing data missed estimates.
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Asian stocks declined as sales of previously owned homes in the U.S. trailed estimates and Shanghai pledged to keep property-market controls in place amid forecasts of slower growth in China.
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Oil dropped from a nine-month high in New York as investors speculated that fuel demand may falter after a report showed crude stockpiles increased in the U.S., the world’s biggest consumer of the commodity.
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German business confidence probably rose to the highest in seven months in February as progress in taming Europe’s debt crisis tempered the risk of a recession.
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Mitt Romney called for a 20 percent across-the-board cut in individual income tax rates today as part of an effort by his campaign to turn the focus of the Republican presidential primaries back to economic issues.
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Former University of Virginia lacrosse player George W. Huguely V was found guilty of second degree murder in the beating death of his sometimes girlfriend, Yeardley Love, a 22-year-old UVA student and athlete.
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Siemens AG, the world’s largest maker of offshore wind turbines, said it underestimated the pace of growth in the Chinese wind market and will ramp up spending to catch up as local competitors increase their lead.
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Some birds are adjusting their migration patterns and adapting to climate change better than others, researchers found.
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Bloomberg's Rich Jaroslovsky reviews Sony Corp.'s PlayStation Vita.
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The Mexican guitarists Rodrigo y Gabriela are adding a little Havana spice to their music, performing with the band C.U.B.A.
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Marseille and Basel both scored late to beat former winners Inter Milan and Bayern Munich 1-0 at home in their Champions League round of 16 openers.
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Dominique Strauss-Kahn, the former head of the International Monetary Fund, was released from police custody yesterday after almost two days of questioning as part of an investigation into a French prostitution ring.
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