CHINA

Although rumors and speculations surrounding Apple's sixth generation iPhone, presumably called the iPhone 5, are at their peak, the highly anticipated smartphone is not likely to hit stores before the fall. But opportunistic traders on China's largest e-commerce platform, Taobao, seem to topple the Cupertino tech giant as they have started accepting iPhone 5 pre-orders, complete with fake pictures and purported technical specifications.

The US Olympic uniforms for the 2012 London Olympics were unveiled today by designer Ralph Lauren, and you don't have to be a member of Team USA to look like one.

China's slowdown might be real but its economy is far from smashing into smithereens. Many subtle pointers indicate that the world's second-largest economy is turning around.

Your corn flakes are going to be more expensive in six to 12 months' time. As will your ketchup, carbonated drinks, sweets, hamburgers, chicken and many other things in the corn-heavy American diet.

A round up of all the latest news concerning Manchester United's latest activities in the transfer market.

Yahoo (Nasdaq: YHOO), the No. 3 search engine, elected 11 directors at its annual meeting Thursday, including three nominated by former dissident shareholder Third Point Capital.

The European fiscal crisis is dragging down business travel growth in the United States, according to a new report from the Alexandria, Va.-based Global Business Travel Association.

What bad news does China have in store?

Although Apple hasn?t officially unveiled its next-generation smartphone, online retailers in China have already started rolling in preorders for the iPhone 5. A Chinese e-commerce website has begun offering pre-release sale for what could be the biggest consumer electronics launch in history.

Hewlett-Packard Co. (NYSE: HPQ) narrowly retained its spot as No. 1 in global PC sales but China?s Lenovo Group (Pink: LNVGY) is within striking distance, market researcher Gartner Group (NYSE: IT) reported.

Patriot Coal Corp.'s (NYSE: PCX) bankruptcy filing this week highlighted the diminished demand for coal in the face of cheap natural gas, but experts don't expect the fossil fuel to go away entirely.

The U.S. Secretary of State Hillary Clinton pressed Beijing to honor the ASEAN's code of conduct formed to resolve the territorial tensions in the South China Sea during a meeting with the Chinese Foreign Minister Yang Jiechi on the sidelines of the Association of Southeast Asian Nations' (ASEAN) conference in Cambodia.

Asian stock markets plunged Thursday as unexpected interest rate cut in South Korea fueled concerns over global economic slowdown and the Federal Reserve offered no strong hints about another round of quantitative easing.

Crude oil prices lowered slightly and hovered above $85 a barrel in Asian trade Thursday, as investors opted for caution ahead of the Chinese GDP data.

Most Asian markets fell Thursday as investor worries about worsening global economic downturn strengthened following unanticipated interest rate cut in South Korea.

Asian shares barely budged Thursday as the U.S. Federal Reserve appeared to put off taking more aggressive stimulus steps until economic conditions worsen, offering investors few reasons to take risks with second-quarter earnings painting a globally gloomy picture.

The Samsung Galaxy S3 has finally hit store shelves, and tech fanatics aren?t the only ones raving about the device. Established consumer magazine Consumer Reports has given AT&T?s variant 78 points and T-Mobile?s 77 points.

The story of U.S. involvement in Laos is much more complex than it seems -- the poor Asian country once played a vital role in one of the most regrettable U.S. military interventions of the 20th century.

The potential for a silver, but greasy, lining to a cloudy story about quality control and food safety in China.

Welcome to 4-D, the latest technological leap in the evolution of movie theaters. The format employs a barrage of sensory effects to create a more immersive movie-going experience.

The increased sale of American products in Europe and China, amidst economic turmoil in both regions, does little to evoke hopes of economic growth in the U.S.