Global markets were flat on Friday in subdued holiday weekend trading after growing hopes of a global economic recovery propelled shares over 11 percent in the previous month.
Removes reference to Bund futures in last paragraph as market closed for public holiday
North Korea on Wednesday threatened a new nuclear test unless the U.N. Security Council apologized for tightening sanctions, confirming some analysts' fears that Pyongyang is determined to build an atomic arsenal.
China said on Thursday the possibility of North Korea conducting a second nuclear test was hypothetical, so it could not say how it would affect relations.
TSMC , the world's biggest contract chip maker, reported its weakest quarterly earnings in nearly eight years on Thursday as a slowing global economy hit demand for technology products.
President Barack Obama's energy plans and actions during the first 100 days of his administration reveal a strong emphasis on spending to promote renewable energy technologies that will generate jobs and an effort to shift the nation to a low-carbon economy.
UMC, the world's No.2 contract chip maker, said on Wednesday it would spend $285 million buying China-based chipmaker Hejian to tap robust demand on the mainland, which it expects to help return it to profit after three quarters in the red.
China must swiftly decouple its rapid economic growth from rising carbon dioxide emissions for global greenhouse gas levels to stay manageable, the authors of a new study said, urging sweeping support to help that transition.
North Korea on Wednesday threatened a new nuclear test unless the U.N. Security Council apologizes for tightening sanctions, confirming some analysts' fears that Pyongyang was determined to build an atomic arsenal.
A baby in Texas has died of the H1N1 flu strain, the first confirmed death outside Mexico from the virus, which health officials fear could cause a pandemic as it spread to two more countries.
During the SARS outbreak, which began in China, airline traffic in Asia halved, and airline stocks tumbled 25 percent or more.
Global airlines could face an even bumpier landing than during the 2003 SARS crisis if a new swine flu outbreak becomes a pandemic, hitting an industry that is already reeling from the global economic downturn.
New swine flu infections were found around the world on Tuesday and the specter of a pandemic began to hit the travel industry as governments warned people to stay away from Mexico where 149 people have died.
Vestas Wind Systems' Chief Executive Officer, Ditley Engel, the largest maker of wind turbines in the world, said today that sentiment in the market is picking up amid reports that the company's first quarter net profit jumped 70 percent.
New Zealand and Israel confirmed cases of swine flu on Tuesday, the latest countries hit by a new strain that has killed up to 149 people in Mexico and which threatens to become a pandemic.
Honda Motor Co (7267.T) forecast a small profit for this year as it cuts costs to counter plunging car sales and a strong yen, and said its leading position in motorcyles is helping it cope with the severe global slowdown.
Japan and China are looking at cooperating on next-generation cellphone services, which would help China develop its wireless technology and Japanese makers expand in China, a Japanese government official said.
Mexico said a new flu virus has killed up to 149 people and it ordered all schools to close across the country on Monday as the disease spread in the United States, Canada and Europe, raising fears of a pandemic.
Whirlpool Corp reported a surprise quarterly profit on Monday as cost-cutting efforts helped the world's biggest appliance maker weather a slump in global sales, and it backed its 2009 profit forecast.
Cell phone chip supplier Qualcomm Inc raised its full-year revenue target after quarterly revenue beat expectations, saying global demand for advanced phones was strong, especially in Europe and China.
A continent that has battled deadly viruses such as the H5N1 bird flu and SARS in recent years, has been taking steps to ward off the new swine flu virus.
A U.S. business group said on Monday it was worried that protectionist sentiment could rise in both China and the United States as the global economy shrinks.
