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Gold hits record on weak dollar, China inflation data

Gold jumped to another record high on Friday after the dollar fell to its lowest since late 2009 against a basket of major currencies, taking silver to a 31-year high, while inflation pressures in China also helped lift bullion's appeal.
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An earthquake damaged road and bridge are seen in Tarlay

Powerful earthquake hits Myanmar (PHOTOS)

A deadly 6.8-magnitude earthquake hit the mountainous area along Myanmar's borders with Thailand and Laos on Thursday, according to the U.S. Geological Survey. The tremors were felt in Bangkok, Hanoi, and some areas of China.
Myanmar's quake death toll rises to 65

Two quakes rock Myanmar

At least 25 people have been killed in Myanmar as a 6.8 earthquake rattled buildings and nerves.
China aims to host 500,000 international students by 2020.

China aims to host 500,000 international students by 2020

A top official from the Chinese education ministry at the Going Global Conference in Hong Kong announced that the country plans to turn itself into a hub for international education and take its international student population to 500,000.
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Saad boss facing criminal charges in Bahrain

Bahrain is pressing charges against Saudi businessman Maan al-Sanea, the first time any of the players in a multi-billion dollar row with the Algosaibi family face the prospect of trial in a criminal court.
GM eyes doubling of China sales by 2015

GM blazes trail of small car exports from China

Flush from heady sales in the world's largest auto market, foreign car makers now see China as a launch pad for exports, with General Motors (GM.N) (GM) blazing the trail with shipments of its Chevy Sail.
HK stocks seen rangebound despite earnings results

HK stocks seen rangebound despite earnings results

Hong Kong stocks may receive respite from good corporate results on Friday, but will remain under pressure and will likely trade in a narrow range, weighed down by concerns about volatile oil prices and ongoing turmoil in the Middle East.
A pedestrian walks past the NASDAQ building in New York City

Nasdaq mulls NYSE bid in exchange deal dash

Nasdaq OMX Group Inc could launch a rival bid for NYSE Euronext to avoid being left on the sidelines, a source said, as traditional exchanges race to merge to see off upstart electronic rivals.
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Asia stocks up on U.S. cues, oil firm on Mideast tensions

Asian shares eked out modest gains for the second consecutive day on Thursday after the Federal Reserve offered a cautiously optimistic view of the U.S. economy, while oil prices edged higher on growing tensions in the Middle East.
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Toyota, defying strong yen, opens new Japan plant

Toyota Motor inaugurated its first new factory in Japan in nearly two decades on Wednesday, betting that advanced, low-cost Japanese production techniques can prevail even as a strong yen drives many manufacturers abroad.
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Australia sugar industry looks to recovery after cyclone

About a quarter of Australia's sugar cane crop may have been destroyed after Cyclone Yasi tore through key growing areas, with the damage exacerbating already tight global supplies and helping push U.S. futures to three-decade highs last week.
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Spy arrest a warning to Taiwan on China ties

The arrest of a Taiwanese general accused of spying for China is a warning to Taiwan to be wary of its old foe despite warming economic links that are likely to stay unscathed by the case.
PC Air transsexual flight attendants

Thai airline recruits ladyboy flight attendants

A new Thai airline is hiring transsexual ladyboys as flight attendants, aiming at a unique identity to set itself apart from competitors as it sets out for the skies. Known as katoeys or ladyboys, transgenders and transsexuals have greater visibility in Thailand than in many other nations, holding mainstream jobs in a variety of fields.

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