Prices Fall By 10.2% In 2008

House prices dropped by 2.3% during December, pushing the annual rate at which values are falling to a new record...

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State Auto Financial swings to loss

) said Tuesday that it swung to a fourth-quarter net loss of $600,000, or 2 cents a share, from a profit of $41.7...

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Cash-Strapped Shoppers Go Online For Bargains

Hard-up shoppers are buying more online in an attempt to get through the recession. Internet spending rose by 19%...

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Beijing gets 1,500 new cars every day

Beijing, Feb 17 (Xinhua) About 1,500 cars join the already clogged roads in this Chinese capital city daily,...

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Chinese SUV maker denies reports it may buy Hummer

SHANGHAI -- Sichuan Automobile Industry Group, a small SUV maker in central China, denied a report Tuesday that it...

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