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U.S. data point to firming economic recovery

The number of Americans filing new claims for jobless benefits fell to a 3-1/2-year low last week and factory activity in parts of the Northeast gained speed in December, suggesting a further strengthening of the economic recovery.
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Intel says sales hit by hard drive shortage

Intel Corp warned that hard-disk drive supply shortages would hurt its current-quarter revenue, the latest heavyweight in the PC industry to caution about the effects of flooding that has crippled factories in Thailand.
Cambodian fishermen cast their net into the Mekong River outside Phnom Penh April 19, 2011.

Psychedelic Gecko, 'Elvis' Monkey in New Mekong Finds

A wildly-colored gecko, a fish that looks like a gherkin, and a monkey with an Elvis-like hairstyle are among the more than 200 new species discovered in the Greater Mekong region last year, environmental group WWF said on Monday.
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Toyota sees lower profits, hit by yen, Thai floods

Toyota Motor Corp <7203.T> cut its profit forecast for this business year by more than half on Friday as it continues to suffer from a stronger yen and widespread output disruptions due to Thailand's floods.
Labourers at work

Asia Eyes ‘yo-yo’ Economy in 2012

Asia's economic growth looks set to stumble over the next few months, prompting a flurry of interest rate cuts and a spike in stimulus spending that may ultimately pave the way for a strong recovery in the second half of 2012. The catch-phrase for 2012 is the Asia yo-yo.
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Analysis: Asia's economy heading for yo-yo year in 2012

Asia's economic growth looks set to stumble over the next few months, prompting a flurry of interest rate cuts and a spike in stimulus spending that may ultimately pave the way for a strong recovery in the second half of 2012.
Flowers of the Month

Holiday Gift Guide 2011: Gifts for Everyone on Your List

With the holidays less than three weeks away, don't panic if you haven't gotten gifts for everyone on your list; there is still much time to play Santa Claus. Here is a holiday gift guide, with the hottest gifts of 2011 for everyone on your list.
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Toyota to announce earnings forecast on Friday

Toyota Motor Corp <7203.T> will announce an earnings forecast on Friday for the financial year to March 2012, as it steadily restores production disrupted by Thai flooding that forced it to withdraw its outlook a month earlier.
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Western Digital's Recovery Much Faster Than Expected: Analyst

Western Digital Corp. (NYSE: WDC), on Thursday, provided an update on its financial outlook for the December quarter and the progress to date of its recovery effort in Thailand. Barclays Capital raised its price target on shares of Western Digital to $40 from $35, while reiterating its overweight rating.

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