Hao Li

US stocks are up despite the poor ISM Services PMI data. The market is led by tech shares that benefited from the Nasdaq 100 index’s announced rebalancing.

The ISM Services PMI (Purchasing Manager's Index) is the most influential US economic report.

On April 7, European Central Bank president Jean-Claude Trichet will almost certainly announce a 0.25 percent interest rate hike. After April 7, the best short-term play is probably to short the euro

IBTimes Daily Edition: Monday April 4, 2011

The latest Commitment of Traders (COT) report shows that investors have piled $3.6 billion into AUD/USD futures in the week ended March 29, pushing the level to a record-high $8.8 billion.

US stocks are mixed in Monday’s session as investors wait for the Fedspeak due later this week.

US stocks are mixed on Monday as optimism over last Friday’s non-farm payrolls (NFP) report proved short-lived and grim global realities set in.

WTI oil prices are pushing $108 per barrel and Brent prices are nearing $120 per barrel. Such prices are unsustainable, according to Credit Agricole.

The US dollar continued to fall in Q1 2011. It lost 2.4 percent against G10 currencies, similar to the pace of decline in Q4 2010 but more moderate compared to the 8.4 percent QE2-induced drop in Q3 2010.

Charlie Sheen arrived in Detroit on Saturday to a sold out show and thunderous applause. However, starting at about 10 minutes into the show, he was booed and heckled.

Revolt has gripped the African nation of Ivory Coast.

India has won the Cricket World Cup by beating out Sir Lanka by six wickets. Below are pictures from the championship game that gave India the victory.

India’s cricket team powered past rival and fellow co-host Sri Lanka to win the Cricket World Cup in front of rabid fans at the Wankhede Stadium in the city of Mumbai.

India just won the Cricket World Cup by edging out Sir Lanka by six wickets. A country crazy about the sport of cricket, its fans have gone wild in celebration.

The city of Ajdabiya, located in the northeastern part of Libya, has been a key flashpoint in the 2011 Libyan uprising.

This year, the usual suspects in the tech world pulled their pranks on April Fools’ Day

IBTimes Daily Edition: Friday April 1, 2011

Afghans rioted in the city of Mazar-i-Sharif on Friday.

During the height of the financial crisis, banks around the world lined up to borrow money from the discount window of the Federal Reserve. In the few months before and after Lehman Brother’s collapse on September 15, 2008, billions were lent out.

The latest lawsuit against the Newark Police Department, filed earlier this week, involved a 17-year-old student.

Payroll gains in the US private sector for February and March 2011 is the largest since early 2006.

Libyan strongman Muammar Gaddafi, who has vowed to fight until the end, is in way too deep to simply surrender.

Nothing is proven yet, but there are strong signs that Libyan strongman Muammar Gaddafi is looking for a way out.

Another senior official from Muammar Gaddafi’s government jumped ship.

Namecheap, a web hosting company, blasted competitor GoDaddy for posting a video of its founder Bob Parsons killing an elephant in Zimbabwe.

IBTimes Daily Edition: Thursday March 31, 2011

US stocks ended mixed in light volume as traders wait for Friday’s all-important Bureau of Labor Statistics obs report.

The Middle East revolt was started in the obscure Tunisian town of Sidi Bouzid by a fruit vendor named Mohamed Bouazizi, who was driven to desperate measures by poverty and economic corruption.

The US corporate tax rate is supposed to be 35 percent. However, due to various rules and exemptions, the actual tax rate is much lower.