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Hubble Space Telescope photograph of the dwarf planet Pluto

Pluto's Controversy Remains: To be a Planet or a Dwarf, That's the Question

Five years ago today, Pluto ceased to be a planet, when the International Astronomical Union demoted it to a newly created category of dwarf planet.The decision to redefine the long-known ninth planet of the solar system remains controversial today, with some disagreements among scientists as well as confusion among the public.
A woman flashes a victory sign during celebrations in Green Square, renamed Martyrs Square by rebels, in Tripoli

Gaddafi Flees Tripoli HQ Ransacked by Rebels

A beleaguered Muammar Gaddafi vowed on Wednesday to fight on to death or victory after jubilant rebels forced him to abandon his Tripoli stronghold in an apparently decisive blow against the Libyan leader's 42-year rule.
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China vows to appeal raw materials WTO case

China vowed on Wednesday to appeal a recent World Trade Organization ruling against its raw materials export policy, a case that could threaten Beijing's handling of rare earths.
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Moody's Downgrade of Japan Lifts Gold

Gold bounced back on Wednesday after suffering its worst setback in 18 months, as risk appetite retreated on Japan's debt rating downgrade, while oil and metals were supported by hopes the U.S. would inject fresh stimulus to boost the economy.
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Japanese Gold Investors Start to Cash in

For Eriko Ebina, standing outside a downtown Tokyo medical equipment store that has a side business buying gold, the recent surge in prices for the precious metal was just too tempting.
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Acer sees more losses as revamp charges hurt Q2

Taiwanese PC maker Acer Inc reported a worse-than-expected quarterly loss, the first in company history, as it took charges to reorganize in a troubled first half, and said it would be impossible to break even for the full year.
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China Vows to Appeal Raw Materials Ruling by WTO

China vowed on Wednesday to appeal a recent World Trade Organization ruling against its raw materials export policy, a case that could threaten Beijing's stance on rare earths, which it contends is in line with the trade body's rules.
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China's Renren Signs Deal with Microsoft's MSN

Chinese social-networking site Renren said Wednesday it has signed an agreement with Microsoft's joint venture instant messaging firm, MSN, to cooperate in areas of instant messaging and social networking.
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China's Renren signs agreement with Microsoft's MSN

Chinese social-networking site Renren said on Wednesday it has signed an agreement with Microsoft's joint venture instant messaging firm, MSN, to cooperate in areas of instant messaging and social networking.
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U.S. Ambassador Visits Rebellious Syrian Town

The U.S. ambassador made a surprise trip to a southern Syrian town Tuesday, his second visit to an area rocked by protests against President Bashar al-Assad and a move likely to antagonize the authorities in Damascus.
Gold bar

Gold Back up to $1,851 after Brief Drop

Gold rebounded more than 1 percent Wednesday after posting its biggest drop in 18 months, as risk appetite retreated after Moody's downgraded Japan's debt rating and strong buying interest in Asia's physical market lent support.
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China Urges 'Stable Transition,' Talks to Libya Rebels

China urged a stable transition of power in Libya Wednesday and said it is in contact with the National Transitional Council, in the clearest sign yet that Beijing has effectively shifted recognition to rebel forces.
A motorist pumps fuel into his vehicle at JJ's Express Gas Plus station in Phoenix gas station in Phoenix

Oil Price Outlook sours, Citi Sees 20 pct Fall

Several major banks cut sharply their oil price forecasts on Tuesday, with Citigroup saying that even if the United States printed more money, oil would stay depressed by weak economic growth and fresh supplies from Libya.
These are reportedly components for the iPhone 5

Apple Prepares iPhone 5 and Cheaper Cousin: Report

Apple is getting ready to launch two phones, according to people familiar with the matter, confirming rumors that have run rampant for months which suggested another phone would join the launch of the iPhone 5.
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China gas tax rebate may nudge spot LNG imports up

A tax rebate on natural gas imports may accelerate China's purchases of liquefied natural gas, but only marginally given high prices for spot supplies and the nation's policy of using long-term contracts.

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