Power Assets Holdings Ltd.'s (0006.HK) first-half net profit rose 6.8% from a year earlier due to higher contributions from its overseas businesses, it said Thursday.

The iffy economy aside, parents are going to be prodigious this year when it comes to back-to-school spending.

Consumers are accessing the Internet at a speed that more closely lines up with what their broadband providers advertised than they did a year ago, the Federal Communications Commission said in a report released Thursday.

Taiwanese flat-screen maker Chimei Innolux Corp. (3481.TW) has said it plans to sell $542.75 million of global depositary receipts as part of the unprofitable display company's fund-raising plan to repay loans and fund its operations.

of ZAWYA DOW JONES DUBAI (Zawya Dow Jones)--The central bank of the United Arab Emirates is looking for an international bank to replace Barclays PLC (BCS) on the 12-lender panel that sets benchmark interbank interest rates in the country, but may face difficulties in finding a suitable candidate,

San Bernardino declared a fiscal emergency Wednesday night, allowing the city to avoid a lengthy mediation process and head straight to federal bankruptcy court.

Philadelphia police have released a video to the public showing the attempted abduction of a 10-year-old girl in hopes of bringing the suspect to justice. MyFoxPhilly.com reports surveillance video shows the girl, who has not been identified, walking down the street with her 2-year-old brother. The

While lawmakers continue to fight over how to fix the ailing U.S. Postal Service, the agency's money problems are only growing worse.

HALFAYA, Iraq--China National Petroleum Corp. or CNPC, the largest Chinese oil producing company, has so far invested $3.3 billion in developing oil projects in Iraq, the firm's vice president said Wednesday.

The World Health Organization is urging China to raise tobacco taxes, saying tariffs are an effective deterrent in curbing consumption, even as data showed separately that cigarette smoking in China is rising as the economy cools.