IBT Staff Reporter

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ICBC, AgBank post record H1, dismiss local government

Industrial and Commercial Bank of China <1398.HK> and Agricultural Bank of China Ltd <1288.HK>, the country's top and No.3 lenders, respectively, on Thursday reported record first-half profits on better pricing power for loans and dismissed rising concerns over loans to local governments.

Court says Apple injunction valid

A German judge said on Thursday an injunction sought by Apple banning the sale of Samsung's new Galaxy Tab tablet computers in Germany appeared valid because there were overarching similarities to Apple's iPad.

Zoe Saldana Dazzles at 'Colombiana' LA Premiere [PHOTOS]

Latin star, Zoe Saldana, stars in the summer's latest action flick. Colombiana features a woman who, after witnessing her parents being brutally killed, grows up to be a cold assassin. The film also stars Michael Vartan and Callum Blue.

Zoe Saldana Dazzles at 'Colombiana' LA Premiere [PHOTOS]

Latin star, Zoe Saldana, stars in the summer's latest action flick. Colombiana features a woman who, after witnessing her parents being brutally killed, grows up to be a cold assassin. The film also stars Michael Vartan and Callum Blue.

China's Hu tells Sarkozy concerned about euro

China hopes that Europe will take steps to protect China's investments there, Chinese President Hu Jintao told the French President Nicolas Sarkozy on Thursday, nonetheless voicing confidence in the euro and vowing to keep investing in it.

Chinese state TV shows military cyber hacking clip

A six-second clip on Chinese state television has provided a rare glimpse into purported cyber hacking attacks launched by the country's military, despite long-standing official denials that the government engages in such activity.

Apple fans pay tribute to industry icon Jobs

SAN FRANCISCO/SHANGHAI - From San Francisco to Seoul to Sydney, fans of Apple Inc paid tribute to Steve Jobs after he resigned as CEO, calling him an icon for the entire technology industry, not just the company he co-founded.

Samsung says not interested in HP's PC business

Samsung Electronics Co reiterated on Thursday it is not interested in buying Hewlett-Packard Co's PC business, shooting down persistent market talk the South Korean firm may snap up the unit to become the world's top PC maker.

Apple shares fall after CEO Steve Jobs quits

Shares of Apple Inc fell more than 4 percent in pre-market trading on Thursday, a day after its iconic CEO Steve Jobs resigned, leaving right-hand man Tim Cook to take on the mantle.

Gold loses more shine after CME margin hike

Gold fell more than 1 percent on Thursday, extending the previous session's losses, after the CME Group raised trading margins by the most in over two and a half years to curb volatility in bullion that had surged to dizzying heights.

Diageo upbeat after full year beats forecast

Diageo , the world's biggest spirits group, set an ambitious 10 percent-plus earnings growth target, when beating forecasts with a 16 percent rise in its full-year earnings that lifted its shares on Thursday.

German Consumers Downbeat on Global Recession Worries: GfK

German consumer sentiment fell slightly going into September, a survey showed on Thursday, hitting a 10-month low as the euro zone debt crisis and fears of another recession in Europe and the United States weighed on consumer expectations.

Tech execs recall Jobs' monumental reign at Apple

Steve Jobs' resignation as Apple Inc's chief executive sent shock waves through technology and media circles on Wednesday as executives, engineers and investors spoke of becoming orphans without their Michelangelo.

Stock futures signal mixed open; techs eyed

Stock futures pointed to a mixed open on Wall Street on Thursday, with futures for both the S&P 500 and the Dow Jones rising 0.3 percent and Nasdaq 100 futures down 0.3 percent on news Steve Jobs had stepped down as Apple CEO.

Fed caution supports stocks and gold tumbles

World stocks edged up from this month's 11-month low on Thursday while gold fell sharply as investors took an optimistic view of how strongly the Federal Reserve will commit to supporting the economy at a gathering this week.

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