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China military

China Less Dependent on Arms Imports: Report

China has become less dependent on arms imports and, at the same time, has increased the volume of its arms exports, according to a report by the Stockholm International Peace Research Institute.
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China to Become Leading Smartphone Market in 2012, Beating U.S.

According to market figures released by research firm IDC, China is bound to overtake the U.S. in smartphone shipments by the end of 2012, becoming the leading market. IDC’s latest Worldwide Quarterly Mobile Phone Tracker forecast that China’s smartphone market will climb from 18.2 percent in 2011 to 20.7 percent in 2012, while U.S.’ market would drop from 21.3 to 20.6 percent over the same timeframe.
Molten gold

Gold Ends Week With Little Change

Gold was largely unchanged on Friday, but posted its second-biggest weekly decline this year due to an early week drop after the FederalReserve withheld additional easing amid a string of encouraging U.S. economic data.
Dharun Ravi (C), a former Rutgers University student charged with bias intimidation, departs the courtroom with lead defense attorney Steven Altman at the Superior Court of New Jersey in Middlesex County, New Brunswick, New Jersey

Dharun Ravi Guilty Of Hate Crimes Against Former Rutgers Roomate Tyler Clementi

Dharun Ravi, the Rutgers student charged with spying on his college roommate Tyler Clementi who was having a sexual encounter with another man and later committed suicide, has been found guilty of hate crimes, tampering with witnesses, lying to investigators and destroying evidence. He will face a sentencing hearing on May 21, 2012.
Indian woman tries on gold jewelry

India To Double Its Gold Import Duty

India, the world's No. 1 gold buyer, plans to double the duty on imports of the precious metal, according to reports Friday, its second such move this year. Gold prices fell nearly 1 percent.

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