NEW DELHI, Jan. 7 -- One of India's largest technology outsourcing companies, Satyam Computers, on Wednesday admitted cooking its books and committing other grave financial wrongdoing to inflate profits over several years. The revelation shook India's stock market and sent shock waves across the...

The chairman of troubled Indian outsourcer Satyam Computer Services on Wednesday tendered his resignation to the company's board of directors, admitting that the company inflated its financial results.

U.S. financial shares stage a broad retreat in early action, pulling back as an influential Oppenheimer & Co. analyst predicts banks will need to raise lots of additional capital this year -- and will likely face further credit downgrades.

Australian luxury sports car buyers largely ignored the global financial crisis in 2008, making it Maserati's most successful year in the country where overall automobile sales have dropped.

Oppenheimer Analyst Whitney's Comments Ding Financial Stocks

A word here about financial advisers. The question is, "Are they worth it?" The answer, not surprisingly, is, "It depends."

LANSING — Michigan Superintendent of Public Instruction Mike Flanagan has recommended finalists to become the emergency financial manager for Detroit Public Schools.

Corporate titan Adolf Merckle succumbs to financial losses and criticism, taking his own life