European shares and the euro recovered from early losses on Monday in the wake of a mass downgrade of euro zone sovereign ratings, but trading was choppy with U.S. markets closed and the outlook for Greek debt talks uncertain.
Use of microblogging in China quadrupled in 2011 compared with the previous year, with nearly half of all Chinese Internet users now taking to the near-instant service to gather news and spread views, a government Internet think tank said Monday.
Internet giants Google and Facebook told the Delhi High Court on Monday that it is not possible for companies to block offensive content that appears on their websites, in a case that has stoked fears about censorship in the world's largest democracy.
The AP office will be staffed by two full-time North Korean reporters under the supervision of two U.S. journalists based in Seoul, South Korea.
The much-hyped Apple's next generation tablet, dubbed iPad 3, might debut in March with a quad-core chip, a high-definition display and will support LTE network, Bloomberg reported, citing some anonymous sources, who are familiar with the product.
Researchers found for the first time brain that changes in Internet-addicted people are similar to addicts of alcohol, marijuana and even cocaine.
The Golden Globes held Sunday at the Beverly Hilton was truly spectacular, with big wins for The Descendants, scooping up two awards for Best Drama and Best Actor for George Clooney. Here is a full list of the 2012 Golden Globe winners.
Top executives from India's major power companies will meet Prime Minister Manmohan Singh on Wednesday to push for swifter action to improve access to coal and make it easier to get funding, acquire land and get environmental clearances.
Thousands of Chinese workers protesting over compensation and job security at a Sanyo Electric Co Ltd plant clashed with police in southern Shenzhen, media said on Monday, the latest outbreak of labor unrest in China's manufacturing hub.
Zappos, the online shoe and apparel retailer, urged its customers to change the password to their accounts, amid fears a cyber attack on the company's servers may have compromised names, e-mail and billing addresses, phone numbers and the last four digits of the credit cards of their 24 million customers.
Euro zone bank shares fell but stocks seen as resilient to an economic slowdown gained on Monday in the wake of Standard and Poor's mass downgrade of euro zone sovereign ratings, while the euro hovered near 17-month lows against the dollar.
Mass Eurozone ratings downgrades are unlikely to shake up investors too much, but with Greek debt talks at an impasse, pressure has been loaded on the bloc to shore up its defenses and glimmers of optimism from last week have been firmly doused.
At a time when the impending untethered jailbreak for A5-powered devices (iPhone 4S and iPad2) is creating much buzz around the tech world, speculation on the features of Apple's next generation iPad - aka iPad 3 - are also keeping the enthusiastic minds of Apple fans busy.
Euro zone bank shares fell but stocks seen as resilient to an economic slowdown gained on Monday in the wake of Standard and Poor's mass downgrade of euro zone sovereign ratings, while the euro hovered near 17-month lows against the dollar.
Global leaders and businessmen urged Europe on Monday to take fresh steps to resolve its deepening debt crisis, with a top executive of the IMF warning the continent will see a downward spiral of collapsing confidence if no further action is taken.
Thousands of Chinese workers protesting over compensation and job security at a Sanyo Electric Co Ltd plant clashed with police in southern Shenzhen, media said on Monday, the latest outbreak of labor unrest in China's manufacturing hub.
Europe will see a downward spiral of collapsing confidence if no further action is taken, said David Lipton, first deputy managing director at the International Monetary Fund, urging a pause in monetary tightening for countries in which inflation has eased.
Global sales of Cognac, a variety of brandy has reportedly reached record levels last year owing to the increased level of exports to China, the BNIC French producers association mentioned.
Jon Huntsman will drop out of the Republican presidential race and will endorse frontrunner Mitt Romney, according to his campaign sources. He has informed his campaign advisers that he is quitting and is expected to make the announcement on Monday during a speech at Myrtle beach, South Carolina.
China's fledgling real estate investment fund market could see a surge of activity in 2012 as property developers launch their own vehicles in a desperate bid to bridge an estimated $111 billion financing gap in the year ahead.
Jon Huntsman will drop out of the Republican presidential race on Monday and endorse Mitt Romney, a senior Huntsman campaign official said Sunday night.
Financial markets are unlikely to be derailed by mass euro zone downgrades, but with Greek debt talks at an impasse, pressure has been loaded on the bloc to shore up its defenses and glimmers of optimism from last week have been firmly doused.
