Global finance leaders are pledging cooperation between rich and poor nations to deal with a severe credit crisis after President Bush discussed the seriousness of the...

For General Motors Corp. to acquire Chrysler LLC and all of its warts, GM would have to get desperately needed cash. Lots of it, according to industry analysts.

The International Monetary Fund says it strongly endorses a plan by rich countries to fight the global credit crisis.

President Bush and foreign financial officials displayed joint resolve Saturday to combat the unfolding financial crisis, hoping to calm investors whose panic has...

As a country in the south Pacific, New Zealand is close enough to the big Asian economies to be strongly affected by developments there. Accordingly, Asian business is...

May 7, 1998: Stuttgart, Germany-based Daimler-Benz, the maker of the upscale Mercedes Benz, announces a $36 billion merger with Chrysler. The new company,...

General Motors Corp. and Chrysler LLC at a glance:

President Bush and foreign financial officials displayed joint resolve Saturday to combat the unfolding financial crisis, hoping to calm investors whose panic has...

General Motors Corp., Chrysler LLC and Cerberus Capital Management LP have held preliminary talks about a merger or an acquisition of Chrysler by GM, according to a...

I had promised myself not to write more than one blog a day but my anger is making me break my promise. This morning I was going through the terms subject to which...

Will it go down? Rumors are flying thick & fast about ICICI a leading private bank in India of which I am an old shareholder. This morning I got an SMS from them...

Asia’s financial system is little affected by the U.S. sub-prime mortgage problems that have triggered a global crisis, and the region overall will enjoy robust...

President Bush says world’s wealthiest industrial countries will work together to attack the credit crisis spreading around the globe.

* Saturday: Despite desperate efforts to kick-start activity in the stalled markets, and re-instill investor confidence, Japan’s Nikkei continues to bear the blows of...

There is a tendency in the Philippines to ape what US authorities are doing with their financial markets. The tendency is to pattern the Philippine financial system to...

Living in Chile, I have seen the US economic crisis in a number of ways. The closest I have been to it is in the community I live in, Puerto Natales, Chile. Puerto...

Foreign investments in the Philippines bounced back in July but total capital from abroad remained thin compared to inflows last year due to the global economic...

Philippine share prices on Friday fell by triple digits as nervous investors dumped stocks in favor of cash amid the global uncertainty, analysts said. The property...

Philippine President Gloria Macapagal Arroyo said her government will spend more to stimulate the economy and protect growth as the world braces for the worst financial...

The Philippine stock market will still be reeling from the effects of the global financial crisis next week, unless some major development occurs over the weekend,...