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Asian Shares

Asian Stocks Rise On Strong US Earnings

Asian stock markets advanced Monday as investors shrugged off weaker-than-expected US economic growth and focused on a string of strong corporate earnings.
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Chernobyl

Chernobyl Disaster: Top 10 Worst Nuclear Disasters

On the 26th anniversary of the Chernobyl disaster, Ukraine launched the construction of a new and improved shelter to permanently secure the traumatized plant. The project, which is expected to cost contributors around 1.5 billion euros, is intended to repair the damage from an explosion that occurred during testing at the power plant in the early hours of April 26, 1986.
File photo of a Chinese 100 yuan banknote being placed under a $100 banknote in this photo illustration taken in Beijing

China Sets Record High Ceiling For Yuan

China's central bank expanded the yuan's reference rate against the dollar to another record high on Friday, in a nod to calls from the U.S. to loosen growth restrictions on the currency's value.
China Real Estate

Mixed Data On Chinese Cos Intensifies Monetary Policy Guesses

A headscratcher of a report on Chinese industrial profits intensified speculation about just what exactly central bankers in that country will come up with next as the note, by the National Bureau of Statistics (NBS), revealed data that both supporters and detractors of monetary easing in the world's second-largest economy will find justifies their rationale.
Ayatollah Ali Khamenei

Iran: A Modern Day 'Nazi Germany'?

Some top Israeli officials have repeatedly compared the current regime in Tehran to Nazi Germany and Adolph Hitler?s program of exterminating the Jews.
Ford Motor Company CEO Alan Mulally

Ford Earnings Stall In 1Q On Poor Global Performance

Ford Motor Company (NYSE: F), the second-largest U.S. carmaker, said Friday profit fell 20.5 percent, missing analysts' predictions, on lower European sales, plunging South American profit and a drop in Ford Credit profit.
IBTimes Logo

Samsung Becomes World's Largest Handset Maker, Nokia's 14-Year Run Ends

After reporting record profit for the first quarter of 2012, South Korean tech giant Samsung Electronics has achieved yet another outstanding feat. The company has become the world's number one handset vendor, thereby ending Finnish firm Nokia's 14-year run as the global leader, according to a latest research from Strategy Analytics.
An engineer walks past piles of oil tanks at a PetroChina's oil refinery in Lanzhou

PetroChina Q1 Profit Rises 5.8% On Higher Oil Output

PetroChina Co, the world's second largest oil and gas firm, reported a $6.21 billion profit in the first quarter on Thursday, giving the company a 5.8 percent increase compared to the same period a year ago.
Mongolia

Mongolia: Inside The Budding Eco-Tourism Destination

Envision vast open desert, towering snow-capped mountains, and deep craggy gorges. Picture Buddhist temples, mysterious ruins, felt homes, and the caw of an eagle. Sprinkle on top of it all the legend Genghis Khan.

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