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Wall St drops as earnings miss high hopes

Wall Street fell for a second day on Thursday as earnings failed to live up to lofty expectations and investors booked profits in a market extended by weeks of gains.

Iran denies coming to atom talks with new swap offer

Iran said it had no fresh offer to make to revive a nuclear fuel swap proposal but was ready to discuss it in talks with world powers on Friday, and Russia said ways of easing sanctions on Tehran should be addressed too.

Obama pushes Hu on China's currency and rights

President Barack Obama urged Chinese President Hu Jintao to let the value of China's yuan currency rise and delivered a strong message on U.S. concerns over Beijing's human rights record at a summit on Wednesday.
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Wall St falls as tech shares weigh

Stocks fell on Thursday led by losses in the technology sector and on worries that China's rapid growth may lead to more aggressive measures to tackle inflation.
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US futures pare losses after jobs data

Futures on major U.S. indices pared earlier losses and point to modestly lower opening on Thursday after the Department of Labor reported that weekly jobless claims fell sharply last week.

'Silver prices set to leap four-fold in three years'

Silver prices could hit an incredible $120 in just three years, propelled by a physical shortage in the silver market and further momentum in economic recovery, CommodityOnline has reported citing a report by thesilvershortage.com.

Toyota looks to reduce reliance on rare earths in hybrid cars

China's vice-like grip on world rare earths supply is forcing next generation carmakers to look for alternative technologies that don’t rely on these metals. At the forefront of such efforts is world's largest carmaker Toyota, according to ETF Database.
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Green group accuses Apple of lax supplier oversight

iPhone maker Apple was criticized by Chinese green groups for lax corporate oversight of its suppliers in China, leading to poor environmental and work safety standards that poisoned dozens of factory workers.

After summit pomp, China's Hu to face US lawmakers

President Hu Jintao on Thursday will try to persuade often hostile U.S. lawmakers that China is a threat-free engine of growth, after a White House summit sought to narrow rifts between the world's top two economies.

Apple criticized for lax green standards in China

Chinese green groups on Thursday accused iPhone maker Apple of failing to properly oversee its Chinese suppliers, leading to poor environmental and safety standards, and dozens of poisoned factory workers.
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Asian shares set for worst losses in five months

Cracks deepened in Asian equities on Thursday, with markets set to post their worst daily performance in more than five months, while the euro took a breather from its recent rally as it neared key resistance levels.
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U.S. and China tout $45 billion in export deals

The United States and China on Wednesday agreed on $45 billion in U.S. export deals and to give U.S. companies greater access to China's $88 billion-plus government contracts market at the start of Chinese President Hu Jintao's four-day state visit.
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Asian stocks off 2-month highs on U.S. earnings

Asian stocks retreated from two-month peaks on Thursday due to disappointing earnings from Wall Street majors, while the euro gave in to some profit taking after extending its rally overnight to a eight-week high.

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