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Stock futures weighed down by Greece loan delay

Stock index futures fell on Monday as a delay in emergency loans to Greece and a possible downgrade of Italy's credit rating rekindled fears about the euro zone debt crisis, pushing investors out of riskier assets.
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Euro dips, stocks turn lower on Greece worries

The euro dipped on Monday and Asian stocks flipped back into the red after euro zone finance ministers delayed a final decision on extending emergency loans to debt-stricken Greece, dashing hopes for a quick solution to the political impasse.
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Japan May export drop stirs worry on overseas

Japan's exports fell in May at a faster pace than expected versus year-ago levels, raising concerns that weakness in overseas demand will constrain factory production and delay economic recovery from a massive natural disaster.
Facebook CEO Mark Zuckerberg listens to a question from the audience in San Francisco

Is China the next destination for Facebook?

Social networking site Facebook lost a significant number of its users in the US in May, raising fears over the site’s user base reaching saturation levels in the country.
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Trichet warns of widening global imbalances

European Central Bank President Jean-Claude Trichet on Sunday raised concern about widening global imbalances after the financial crisis, calling them one of the main challenges for the global economy.
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Buffett-backed carmaker BYD raises $219 million in China IPO

Warren Buffett-backed Chinese carmaker BYD Co Ltd <1211.HK> will raise a less-than-expected 1.42 billion yuan ($219 million) in its initial public offering in Shenzhen, weighed down by weak investor sentiment and worries over its poor performance.
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.
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Chinese software company placed security holes in its products; US issues warning

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.
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Boeing refuses to rush decision on 737 upgrades

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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