U.S. stock index futures point to a lower opening Tuesday, as weak global economic conditions and debt burden in the euro zone continued to drag down the investor sentiment.
Amid the mixed global cues, Indian markets opened on a positive note Tuesday morning.
Crude oil futures declined Tuesday as the offshore oil and gas workers strike in Norway ended overnight after the government's intervention.
China's trade surplus widened to $31.73 billion in June, up 42.9 percent compared to the same month in last year amid slower-than-expected growth in imports, raising concern that the world's second largest economy isn't doing enough to stimulate domestic demand and avert a slowdown.
Most Asian markets fell Tuesday amid investor concerns about the intensifying debt crisis looming over the euro zone and the worsening global economic downturn.
Asian shares crawled higher on Tuesday after sharp losses the day before but gains were limited as investors, worried about a global economic deceleration, waited for Chinese trade data due later in the day that could set the tone for risk appetite.
Even the president of South Sudan recognizes that true independence has not been achieved, but China and Japan may help change that.
Intel (Nasdaq: INTC), the No. 1 chipmaker, said it would commit as much as $1 billion to acquire a preliminary stake of 10 percent in Dutch semiconductor maker ASML Holding (Nasdaq: ASML).
Airbus and Boeing are ramping up their global supply chain efficiency to meet a huge number of orders.
It seems Amazon is gearing up to strike back at Google's newly-released Nexus 7, with an improved Kindle Fire 2 tablet expected to launch on August 7, according to the China Times.
China is finishing a major housing project outside Luanda, paid for with oil, but nobody's buying. To do so, the average Angolan would need to work 160 years.
Japan, which is still floundering from last year's earthquake-tsunami, is once again nearing a recession, economists say.
The world's major economies extended their slowdown in May, with conditions deteriorating significantly in India and Italy, according to a statistical indicator released by the Organisation for Economic Co-operation and Development on Monday. Even in Brazil, one of the few economies surveyed that is expanding, the pace of growth slowed.
Chinese authorities hope that a new $4.7 billion theme park will promote ethnic harmony and attract an additional 5 million tourists each year to the Tibet Autonomous Region, the Chinese name for Central Tibet.
This week?s focus will be the June Federal Open Market Committee minutes, U.S. trade deficit and China's Q2 GDP.
Desai may have had the last laugh on all the naysayers; he lived to be 99 years old (in a country where the average life expectancy is only 64).
Two men had quite a scare this weekend when they were attacked by three piranhas in China's Liujiang River.
India's Reliance Communications has set a price range of over $1billion for its undersea cable unit's initial public offering in Singapore.
The territorial dispute in the South China Sea is expected to drive the talks during the 19th ASEAN Regional Forum (ARF) beginning Monday in Cambodia. The confrontational rhetoric between China and the U.S. over the South China Sea will also form the focus of the discussions that will be attended by top officials from the 10 member nations.
The rate of inflation in China slowed down in June from the previous month, showing signs of a gradual decline in price pressure to make room for monetary easing.
Asian markets fell Monday as investor sentiment turned negative with economic data from Japan and the U.S. indicating the faltering economic growth.
The sand is running out of the hourglass for the regime of Syrian President Bashar Assad, U.S. Secretary of State Hillary Clinton said Sunday. Her words speak to the recent intensification of the standoff between Western powers and the Syrian regime.
