Growth ground to a halt in the euro zone's private sector this month while China's factory sector contracted for the first time in a year, surveys showed on Thursday, deepening evidence of a sharp slowdown in the global economy.
World stocks held below a 1-1/2 week high on Thursday after a disappointing services sector survey in the euro zone while the euro ticked up as investors awaited details of a Franco-German deal on a Greek bailout at a European summit later.
Nokia fell to a loss in the second quarter as it faces tough competition from Apple and Google's Android-powered smartphones, and recorded a restructuring charge. However, excluding one-time items, it managed to beat analysts' expectations.
Futures on major U.S. indices point to a lower opening on Thursday ahead of key weekly jobless claims data and corporate earnings.
China's factory sector shrank for the first time in a year in July, a survey showed on Thursday, feeding worries among the country's main trading partners that its growth is unsustainable and could lead to a slump.
An American blogger living in China has exposed fake Apple stores thriving in the country. The fake Apple Store in Kunming, the capital of southwestern Yunnan province, looked exactly like those genuine retail stores run directly by the consumer electronics giant, and even the liveried employees believed that they were Apple employees.
The Chinese economy is facing the risk of inflation and property price bubble, say IMF economists, though the imminent danger of a major downturn in the property sector has been ruled out.
The fossil of a 30cm lizard from the Early Cretaceous of China was found pregnant with more than 15 embryos at a level of skeletal development, in its body.
The euro climbed for a third day on Thursday after news about a France-Germany accord on Greece's debt crisis relieved some concerns ahead of a European summit, while Asian stocks slipped after China manufacturing data contracted for the first time in a year.
China's factory sector contracted for the first time in a year in July and at its fastest pace since March 2009, a purchasing managers' survey showed on Thursday, as monetary policy tightening and slack global demand weighed on the economy.
Japan's exports rose in June and the pace of annual declines slowed, bringing the trade balance back into surplus as factory output and sales steadily recover from the March 11 earthquake, tsunami and nuclear meltdown.
The euro climbed a third day on Thursday as a deal between France and Germany over a bailout of Greece raised hopes ahead of a major European summit, though investors barely moved from government bonds and precious metals.
The International Monetary Fund said on Wednesday it remains concerned with the potential for a property price bubble in China even though the country's elevated inflation rate may peak within the next month or two.
Don Nelson, former head coach of the Golden State Warriors, may interview for the head coaching vacancy of the Minnesota Timberwolves as early as Thursday or Friday of this week, according to the Minneapolis Star-Tribune.
Who is Wendi Deng? Wendi Deng Murdoch is Rupert Murdoch's wife.
The World Uyghur Congress (WUC), the shooting took place not at a police station, but at the close main bazaar of Hotan, in the Nurbagh area, when more than 100 local Uighurs peacefully gathered to protest a police crackdown imposed on the city for the last two weeks.
The Chinese are recognized world wide for their skill of producing stylish counterfeit designer bags and sunglasses but who would have imagined a fake Apple Store equipped with a 'genius bar', spiral staircase and Apple Store trademark wall to wall glass windows? You don't need to. An expat stumbled into three in China's southwest providence of Kunming.
ASEAN countries and China say that meetings at a recent ASEAN forum resulted in the establishment of more specific guidelines on how to deal with the South China Sea dispute that has mounted over the past few months.
Apple Inc shares flirted with a record $400 on Wednesday, a day after the world's most valuable technology company posted blockbuster results and triggered a spate of brokerage upgrades.
Wendi Deng Murdoch, age 43, has two daughters-- Grace Helen Murdoch and Chloe Murdoch-with international media mogul Rupert Murdoch.
Who is Wendi Deng?
These aren't production stills from a film adaptation of Mao II - real mass weddings take place all over the globe several times a year, and not just among cults.These days, many choose to participate in mass weddings to share the financial burden of the tying the knot.Or, in the case of October's mass wedding in China, so that more people can take advantage of fleeting symbolic good fortune: 60 couples were married at 10:10 in the morning October 10, 2010 - the tenth day of the ...
