CHINA

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Explosion at China iPad factory highlights lax safety

A deadly explosion at a Chinese factory making iPads for Apple has focused attention on lax industrial safety standards that continue to plague many Chinese workers, while raising supply chain risks in the high-end electronics sector.

Apple’s shares fall

Shares of Apple Inc reorganized on Monday after Wall Street brushed off the shock of the explosion last week that shut down a Foxconn factory in China producing its popular iPad
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Glencore set for weak London, HK debut on valuation concerns

Shares of top commodities trader Glencore International are set for a weak start when they begin trading in London on Tuesday and Hong Kong the following day, reflecting investor concerns that the $10 billion initial public offering was over-priced.

Lagarde Not A Sure Thing As Next IMF Chief

Despite being the ‘heir apparent’ to the top post of the International Monetary Fund (IMF), Christine Lagarde has cautioned that her candidacy might be premature.
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Euro zone, China PMIs ease as policy bites

Manufacturers in Europe and China tapped the brakes this month and price pressures eased as tighter policy measures to control inflation began to bite, purchasing managers' indexes showed on Monday.

China’s manufacturing growth slows in May

After Chinese government tightened the monetary policy in April for four times, the manufacturing growth of the country slowed in May, while price pressures eased, according to a survey showed on Monday, Reuters reported.
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Foxconn confirms 3rd death at plant linked to iPad

Foxconn Technology Co Ltd on Sunday confirmed that a third person has died following a large explosion at a plant in southwestern China on Friday that local media have linked to production of Apple's iPad 2.

Why Would Pakistan Harbor Terrorists?

Since the shocking discovery (and subsequent) assassination of al-Qaeda chief Osama bin Laden in early May in a compound in Pakistan, rumors have swirled that authorities in Islamabad have been harboring and protecting the world’s most wanted man all these years.

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