Stock index futures fell on Wednesday after Moody's downgrade of Portugal's credit rating to junk and China's interest rate rise triggered unease about global growth prospects.
China's central bank increased interest rates for the third time this year on Wednesday, making clear that taming inflation is a top priority even when as the economy slows gently.
The Qingdao Jiaozhou Bay Bridge in China, which was opened on Jun 30, 2011, on Thursday, is now the world’s longest sea bridge.
Lenovo's launch of a home videogame console in China this year may throw into question the country's decade-old ban on the gadgets and could eventually open the $5.8 billion Chinese game market to Sony Corp and Microsoft.
The world’s longest bridge that links Qingdao City in east China to the island of Huangdao has raised questions over the safety issues.
Singapore's Temasek sold stakes in two of China's biggest banks on Wednesday to raise $3.6 billion, in a move likely aimed at reducing the sovereign investor's big exposure to the financial sector and building up a warchest.
Chinese banking shares fell for a second day on Wednesday after a sovereign fund unloaded a stake in two banks, flashing a cautious signal about risk even after the euro clawed back losses endured on Moody's downgrade of Portugal to junk status.
Chinese banking shares fell for a second day on Wednesday, while the euro clawed back losses but was still seen at risk after Moody's slashed Portugal's credit rating to junk status, reigniting fears that it may need a second rescue package.
AirAsia Bhd
will extend a deal with Airbus for its new A320neo jets to 300 planes, a source with knowledge of the deal said, making the Malaysia-based budget airline one of the largest in the world.Asian stocks were off to a weak start while the euro remained fragile on Wednesday morning after Moody's slashed Portugal's credit rating to junk status and as investors take a breather after the past week's rally in risky assets.
In an attempt to counter high population grown in Rajasthan, India, health officials in the western state are launching a new campaign encouraging men and women to volunteer for sterilization
As the clock ticks down to this week's final space shuttle launch, there is a mounting sense of uncertainty about future U.S. dominance in space.
The Chinese burning of coal may explain why global warming has halted in the last 10 years, according to a study published in the Proceedings of the National Academy of Sciences (PNAS).
Amnesty international blasted Beijing for a protracted crackdown on ethnic unrest in Xinjiang, a region in China's far West, in a report issued yesterday.
A study says Toyota leads global companies in total dollars invested in research and development.
Transformers: Dark of the Moon also known as Transformers 3, which began its assault last Tuesday night, smashed its way through box office records by Monday with global gross receipts nearing $400 million, but not yet opened in Japan or China.
Stock index futures were poised for a slightly lower open on Tuesday before factory orders data and after stocks had their best week in two years last week, leaving the market primed for a decline.
A report says Apple has ordered production of 15 million iPhone 5's. The report says the iPhone 5 will have only minor upgrades from the iPhone 4, and that the product will ship in September.
Apple has placed an order for 15 million iPhone 5s with Taiwan-based note-book maker Pegatron Technology which will start shipping them in September 2011.
European services growth slowed in June in the face of sluggish new orders and rising interest rates, giving firms less optimism about the year ahead, business surveys showed on Tuesday.
Global warming temporarily halted over the past decade instead of apparent increase in greenhouse gas emissions.
Japan's Fujifilm aims to become the world's fourth largest camera maker by next March and the No. 3 manufacturer two years later, overtaking first rival Samsung and then Nikon, a senior company executive said.
