CHINA

Technology Focus: Don’t Forget The Chips

IBM's Brain-Like Chip
Amid the hoopla surrounding new product introductions by Apple (Nasdaq: AAPL), the initial public offering of Facebook (NYSE: FB) and what’s new with “Angry Birds,” people forget to acknowledge the true “brains” of the whole business: the chip.
Obama Lee Korea

Obama Warns North Korea Against Rocket Launch

President Barack Obama, visiting South Korea, called on the Communist North Sunday to call off a planned rocket launch, and warned that food aid in return for disarmament would be at risk.
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Samsung Galaxy S2; S3 Set for April Landing

Samsung Galaxy S3: What We Know So Far

Samsung Galaxy S3 is still creating a buzz with its anticipated features and release dates. Another purported image of the most eagerly awaited Android phone has hit the Internet this week and that again is making waves of anticipation among the Android smartphone lovers. Check out the specs of the Galaxy S3.
Ben Bernanke

This Week’s Economic Events: Bevy Of Fed Speakers

This week - March 26 to 30 - will highlight Wednesday's durable goods report and a busy policy calendar, including the core of the Federal Open Market Committee: Chairman Ben Bernanke and New York Fed President William Dudley. Wall Street will be closely monitoring the Fed officials' speeches, hoping to find clues of their latest views on the economic, inflation and policy outlooks.
Nike Foamposite Galaxy

Nike 3Q Profit Up On China, Emerging Markets Sales

The world's largest athletic shoe maker Nike Inc. (NYSE: NKE) reported on Thursday overall sales were not able to keep pace with increasing costs, yet growth China and emerging markets drove the company's fiscal third quarter past analysts' expectations.
A pedestrian walks past the NASDAQ building in New York City

Weak US Home Sales Add To Recent Downbeat Data: Daily Markets Wrap

A surprisingly weak U.S. new-home sales report Friday exposed the vulnerability of the nation's economic recovery and renewed hopes -- or fears, depending on one's views -- that the Federal Reserve will expand its balance sheet for a third time by purchasing more bonds.
Stamps

Stamp Firm Stanley Gibbons Sees Olympics, Royal Boost

British stamp-collecting firm Stanley Gibbons reported a jump in profit and said it expects to benefit from enthusiasts buying memorabilia commemorating the Olympics and Queen Elizabeth's Diamond Jubilee this year, with its order book at record levels
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China's ZTE to curtail business in Iran

ZTE Corp, China's second-largest telecommunications equipment maker, said it will curtail its business in Iran following a report that it had sold Iran's largest telecom firm a powerful surveillance system capable of monitoring telephone and Internet communications.
Syria's President Assad and wife arrive at a dinner during a EU-Mediterranean summit in Paris in 2008.

EU Sanctions Syrian First Lady

The wife of Syria's leader, Asma al-Assad, will suffer sanctions from the EU, including a travel ban to Europe and an asset freeze.
An employee packs yuan banknotes at a branch of Bank of China in Changzhi

HSBC China PMI For March Declines: Fear Of Hard Landing Real?

The manufacturing division activity in China shrank in March successively for the fifth month, as showed by the preliminary HSBC survey. Purchasing Managers Index (PMI), the indicator of China's industrial activity, fell from 49.6 in February to 48.1, raising a lingering concern about an imminent hard landing.

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