Cheng's wealth was valued at $16 billion on the World's Billionaires List in March. He retired as chairman of New World last year. Chinese consumers have traditionally viewed gold as a symbol of prestige within their culture. Gold jewelry was often …

The 12,000-square foot sustainably designed space will open in Virginia's affluent Tysons Corner area in spring 2014. Share on Twitter Share on … Developed by Chef Joe Goetze and The Farm's culinary team, the menu will feature approximately 70 …

He says that the conventional wisdom that pawn shops doing well means a bad economy isn't necessarily true. "Pawn shops do well in most every economy," he argues. "We loan more money in the downturn; we sell more merchandise in the upside. So we …

With the slow deterioration of the economy and the impending possibility of the country's second currency devaluation, Belarus has decided to partner up with China to stimulate its dwindling economy, a news report said Tuesday. The partnership between …

“China is beginning to see the effects of both slow US growth and euro zone recession, compounded by its own overvaluation and Japanese competition, with Abenomics chiefly predicated on competitive devaluation,” he said. Capital Economics chief …

In response to the rapid devaluation, IMF officials said it was an important correction that needed to happen since the local currency was overvalued. The IMF argued also that devaluation would make the country's goods and services more competitive …

Boeing later ordered modifications to the jets to increase ventilation and insulation near the batteries, but the company and investigators never determined the root cause of the overheating. The Chicago company has hitched its fortunes on the 787, …

Air Partner's pretax profit for the year ending July 31 will be higher than 2012's 3.2 million pounds ($4.8 million), the provider of planes spanning Cessna light jets to Boeing Co. 777's said today. Analysts predict a 3.75 million-pound … “Business …

SEOUL, South Korea — Asiana Airlines of South Korea said Monday that it would increase training for its pilots after the crash of one of its Boeing 777 jets at San Francisco International Airport. Asiana will give special safety training, including an …