Goldman Sachs International sold HK$3.73 billion ($478.7 million) worth of shares in Industrial and Commercial Bank of China Ltd, the world's largest lender by market value, in what it said was a transaction to help a client hedge its position in the bank.
An radical Islamic group is responsible for a riot in China's East Turkestan region.
While U.S. customers are still waiting for the upcoming iPhone 5 this fall, various types of fake iPhone 5 devices have been on sale in Chinese online store and offline markets. The Fake iPhone 5 is sold at $108 and features a similar design following the rumor of iPhone 5 specs. It is encased in a plastic body, two LED flash cameras and a label saying it has 64GB of storage. Also the fake device runs a JAVA-based OS, plays MP3?s and connects via WiFi.
JAC is seeking to produce 100,000 vehicles every year in Latin America?s largest car market
UNICEF has established World Breastfeeding Week, which began on Mon., to raise awareness about breastfeeding children, a practice that can reduce deaths in children under five by 13 percent.
As Apple continues to maintain a tight-lipped approach toward the iPhone 5, analysts from major research firms continue to stoke iPhone 5-related expectations.
The top after-market NASDAQ Stock Market gainers are: Gentiva Health Services, Sangamo Biosciences, LHC Group, Clearwire, and Cytori Therapeutics. The top after-market NASDAQ Stock Market losers are: Innophos Holdings, Texas Roadhouse, Siliconware Precision Industries, Ctrip.com International, and Meru Networks.
South Korea's central bank bought 25 tonnes of gold over the past two months in its first purchase in more than a decade, saying the time was ripe to boost its gold holding, but markets barely moved on the news.
More clues are piling up in regards to the release date of Apple's highly anticipated iPhone 5 set to hit the markets this fall. The latest news speculate that Target will be offering price drops on the iPhone 4 for five bucks if you trade in an old 3GS model. Customers can also purchase a 16GB iPhone 4 for $170 with a two year contract or go to Radio shack and get an iPhone 4 32GB model for $270.
The United States' debt woes still threaten the global economy despite a last-minute deal struck by Congress, China's main official newspaper said on Tuesday, nonetheless adding there was no short-term escape from the dominance of the dollar.
U.S. cattle futures set a two-week high on Monday lifted by a sharp drop in this week's cattle supplies and on news of active beef exports last week, traders said.
Alaska scientists have discovered the fossil of a rare, prehistoric marine reptile that is likely the most complete remnant of the creature ever found in North America.
Russian Prime Minister Vladimir Putin accused the United States Monday of living beyond its means "like a parasite" on the global economy and said dollar dominance was a threat to the financial markets.
Anyone who complains that WOMAD is "too safe" must have missed the mosh pit that appeared at the front of gypsy punk band Gogol Bordello?'s late Sunday set, where the frenetic dancing of the band's teenage fans briefly descended into cheerful anarchy.
High inflation and soaring real estate prices have thrown thousands of residents into dire straits.
South Africa's Purchasing Managers' Index (PMI) fell for the fourth straight month to a seasonally adjusted 44.2 in July from 53.9 in June, sponsor Kagiso Securities said on Monday.
Pakistan cannot afford to antagonize China.
Technology is increasingly displacing the need for workers worldwide. Foxconn, making of Apple's iPhones and iPads, plans to add one million robots to factories in the next three years. HSBC is cutting out "unnecessary bureaucracy" in eliminating 30,000 jobs.
The next-generation iPhone is now said to debut in October, instead of the much-rumored September launch.
Apple manufacturing partner Foxconn is adding one million robots over the next three years in hopes of reducing labor costs.
Sprint?s Motorola Photon 4G Can Be Stiff Competitor for iPhone 5
Foxconn has announced that it would be replacing its workers with 1 million robots in the coming three years.
