Gold prices fell to a four-month low on Friday as worries over the financial health of Greeceand Spain and huge trading losses for JPMorgan hurt stock markets and the euro, prompting investors to seek refuge in the dollar.
Hundreds of Philippine protestors took to the streets outside the Chinese embassy in Manila demanding China to withdraw its ships from the region.
China Thursday ordered four international auditing firms in the country to hire Chinese nationals in a bid to suppress foreign control of their operations in the country.
Asian markets fell on Friday as concerns surrounding Greece, weak industrial output growth in China and JP Morgan's trading loss dampened sentiments.
China's inflation rate slowed in April from the previous month, showing signs that the price pressure is gradually diminishing to make room for monetary easing.
Asian shares retreated Friday, spooked by JPMorgan's $2 billion loss from a failed hedging strategy, with investors warily watching political turmoil in the euro zone as they await new Chinese data for clues on its growth outlook.
Asian shares retreated Friday, spooked by JPMorgan's $2 billion loss from a failed hedging strategy, with investors warily watching political turmoil in the euro zone as they await new Chinese data for clues on its growth outlook.
Chinese citizens are extremely upset after a Ferrari sports car drove across Nanjing's ancient landmark, leaving tire tracks and possibly permanently damaging it.
Microsoft (Nasdaq: MSFT), the world's biggest software company, said it will go ?carbon neutral? on July 1, the start of its new fiscal year.
Fragrance maker Coty Inc. increased its bid to buy troubled Avon Products Inc. (NYSE: AVP), the world's largest direct sales beauty company, to around $10.7 billion on Thursday, putting more pressure on Avon's board to negotiate.
The Procter & Gamble Company (NYSE: PG), which makes CoverGirl makeup, Olay products and Secret deodorant, will transfer the leaders of its global skin care, cosmetics and personal care unit to Singapore from Cincinnati, Ohio, the company said Thursday.
If suspicions are proven correct, the incident marks a turn for the worse in the struggles of rural Chinese against housing demolitions and home relocation, a popular approach in the country for carrying out land development.
Fashion's Night Out is once gain stepping out on the international stage. The Vogue-hosted shopping event is set to expand to all 19 territories that publish Vogue magazine for 2012.
Apple Inc. (NASDAQ: AAPL) and its primary iPad and iPhone supplier, Foxconn Technology Company Ltd. (Taipei: 2354), will share the costs of improving labor conditions inChinese factories, Foxconn CEO Terry Gou said.
The Sino-Philippine dispute continues to intensify, as Chinese tourists are given warnings against traveling to the Philippines.
The Global Fund, a leading financier in the struggle against AIDS, tuberculosis and malaria, expects to have an additional $1.6 billion to fund projects in 2012-2014, its new chief said on Wednesday, a turnaround from a funding freeze last year.
It was to be the first purpose-built retreat center for inhabitants of the world?s largest country, but plans for the £50m ($80m) Chinese holiday village in Wales were dealt a blow recently after inspectors deemed the design ?inappropriate.?
The price of U.S. imports fell 0.5 percent in April, a decrease driven by lower declining natural gas prices, while the price of U.S. exports rose 0.4 percent, according to a Department of Labor report Thursday.
J.R. Smith indicated on Twitter last night they he's played his last game as a Knick.
The U.S. trade deficit widened to $51.8 billion in March, up from a revised February figure of $45.4 billion, the U.S. Department of Commerce reported Thursday.
The missile features a range of 290 kilometers (180 miles), which would place western India within target.
Jackie Green, the British teenager who made history by having sex change at the age of 16, is now looking forward to win Miss England after entering into semi-final of the beauty pageant.
