CHINA

According to iMore's editor-in-chief Rene Ritchie, the iPhone 5 will retain the current 3.5-inch screen as its predecessors, but add a few new features like 4G LTE and a micro dock before Apple releases the device in October 2012.

The world's largest athletic shoe maker Nike Inc. (NYSE: NKE) reported on Thursday overall sales were not able to keep pace with increasing costs, yet growth China and emerging markets drove the company's fiscal third quarter past analysts' expectations.

A surprisingly weak U.S. new-home sales report Friday exposed the vulnerability of the nation's economic recovery and renewed hopes -- or fears, depending on one's views -- that the Federal Reserve will expand its balance sheet for a third time by purchasing more bonds.

After departing Seoul, Erdogan will reportedly fly directly to Tehran to discuss with Iranian officials details of the Korean summit.

Abercrombie & Fitch has removed a fake website operating under its name and selling a pair of men's cargo pants called Abercrombie & Fitch mpa11 N----- Brown Pants.

British stamp-collecting firm Stanley Gibbons reported a jump in profit and said it expects to benefit from enthusiasts buying memorabilia commemorating the Olympics and Queen Elizabeth's Diamond Jubilee this year, with its order book at record levels

Of the 47 delegations at the Geneva talks, 41 voted in favor of the resolutions against the regime of Syrian President Bashar al-Assad, while Russia, China and Cuba voted against it.

ZTE Corp, China's second-largest telecommunications equipment maker, said it will curtail its business in Iran following a report that it had sold Iran's largest telecom firm a powerful surveillance system capable of monitoring telephone and Internet communications.

China has already vowed to boycott the tax, while the U.S. and Russia have also objected to the scheme.

The group UltraViolet said it hoped Obama's nominee, a doctor with extensive experience in public health and now Dartmouth College's president, will be a champion for women and girls throughout the world.

Cuba has become a prominent subject in Washington circles lately amidst reports that President Raul Castro’s government has been cracking down on dissent ahead of a widely anticipated visit later this month by Pope Benedict XVI.

Samsung’s flagship smartphone, the Galaxy S3, may be seeing a release date in the near future. The new device may be unveiled on May 22nd, according to technology news site Geek.com.

China faces a shortage of transplant organs and has long relied on organs from condemned prisoners, apparently with their prior consent.

The wife of Syria's leader, Asma al-Assad, will suffer sanctions from the EU, including a travel ban to Europe and an asset freeze.

The North's provocative gesture comes as global leaders, including the presidents of the United States, China and Russia, prepare to meet next week in South Korea to discuss nuclear security issues.

The MIT-trained Xie accurately predicted Japan's asset bubble of the 1980s, the 1997 Asian financial crisis, the deflation of the dot-com bubble and the U.S. subprime mortgage crisis.

U.S. stock index futures were little changed on Friday after equities suffered their worst percentage drop in two weeks, with the S&P 500 on track for its first decline in the past six weeks.

Stock index futures pointed to a slightly higher open on Wall Street on Friday, with futures for the S&P 500 up 0.1 percent, Dow Jones futures up 0.1 percent and Nasdaq 100 futures 0.4 percent higher at 1040 GMT.

Syria fits the bill of a nation that has made most of its friends by virtue of having common enemies. There is probably no other way to explain how this fiercely secular Arab nation has been commanding tremendous support from the religious fanatics that routinely make Iranian governments.

The manufacturing division activity in China shrank in March successively for the fifth month, as showed by the preliminary HSBC survey. Purchasing Managers Index (PMI), the indicator of China's industrial activity, fell from 49.6 in February to 48.1, raising a lingering concern about an imminent hard landing.

Micron Technology posted mixed quarterly results, and investors pushed its shares lower after the company said persistently low prices for its memory chips had yet to recover.