CHINA

Large euro sign installation is seen in front of the European Central bank headquarters in Frankfurt.

Why Euro Will Not Collapse

The ongoing sovereign crisis in the eurozone countries has renewed concerns over the fate of the euro, the second largest reserve currency as well as the second most traded currency in the world.

Chinese software company placed security holes in its products; US issues warning

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A Chinese software company is alleged to have placed security holes in its products sold to chemical defense and energy companies in Europe, the Americas, Asia, and Africa. Beijing-based Sunway ForceControl makes SCADA (Supervisory control and data acquisition) software which is used in computer systems that control and monitor manufacturing plants and equipment used by different industries.

Boeing refuses to rush decision on 737 upgrades

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Boeing Co says it feels no pressure to rush a decision on whether to re-engine or redesign its best-selling 737 narrow-body, despite impressive orders for an upgraded version of the competing plane -- the Airbus A320neo.
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3 Reasons why Google’s Chrome OS will fail

With the announcement of the Chromebook from Google, tech analysts, investors and consumers are watching closely to see if Google is more than a two trick pony. Google isn’t the only company betting big on the cloud either - Apple, Microsoft and Amazon have all made big moves into the cloud.
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Profitless Pandora pricks the tech bubble

It had all the signs of another dotcom bubble: A start-up without a convincing business plan or any foreseeable chance of turning a profit saw its shares soar in the first hours after its stock market debut.
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IPO View: Profitless Pandora pricks the tech bubble

It had all the signs of another dotcom bubble: A startup without a convincing business plan or any foreseeable chance of turning a profit saw its shares soar in the first hours after its stock market debut.
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IMF cuts U.S. growth forecast, warns of crisis

The International Monetary Fund cut its forecast for U.S. economic growth on Friday and warned Washington and debt-ridden European countries that they are playing with fire unless they take immediate steps to reduce their budget deficits.
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Mexico's Carstens: too early to comment on Japan

Mexican Central Bank Governor Agustin Carstens, a contender to head the International Monetary Fund, said on Friday that it would be premature for him to comment on whether he earned Japan's support for his bid to become head of the fund.
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Google-backed Xunlei postpones up to $200 mln Nasdaq IPO: IFR

Xunlei Ltd, a Chinese Internet platform company in which Google Inc has a small stake, decided to postpone its initial public offering of up to $200 million in the United States because of unfavorable market conditions, IFR reported on Friday, quoting a source with knowledge of the decision.
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Google-backed Xunlei postpones Nasdaq IPO: IFR

Xunlei Ltd, a Chinese Internet platform company in which Google has a small stake, decided to postpone its initial public offering of up to $200 million in the United States because of unfavorable market conditions, IFR reported on Friday, quoting a source with knowledge of the decision.
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Hacktivists make noise on government websites

A breed of cyber pranksters known as hacktivists appears to be on a campaign to embarrass the U.S. government, but such types of attack are unlikely to breach the computer firewalls that protect important official secrets, independent analysts say.
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Huawei rejects Eximbank chief's China aid claim

Chinese telecoms equipment manufacturer Huawei Technologies on Thursday rejected a U.S. government official's suggestion that its rapid growth was due to Chinese government financial aid.
Traders work on the floor of the New York Stock Exchange, June 7, 2011.

Depression? No. Depressed? Yes!

Yesterday, a highly valued client of ours posed this question to us: ”Do you think that we are headed towards a depression?” It is not clear to me what event triggered the question, but my answer was a resounding “No”.
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Six Reasons Why We Travel

There are a thousand reasons not to travel. Here are six reasons why you should. Why it’s essential. Why escaping somewhere, anywhere, is important, and a vital part of humanity!

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