Japanese Prime Minister Naoto Kan will likely resign next week, his economics minister said Tuesday, but who will succeed him as the country confronts a nuclear crisis and a long list of economic difficulties remained up in the air.
Toyota and Ford will work together to develop hybrid trucks and SUVs that will be ready for market by the end of the decade, the two automakers said Monday.
New Rumors have cropped up which suggested that Apple is set to release a completely new device this year that may create another ‘category.’
The price of gold ripped past $1,900 per ounce Monday, boosted by fears of enough wealth-destroying developments to erase any doubts that the world's oldest safe-haven investment is still the world's No. 1 safe-haven investment.
News that Ford and Toyota will work together jointly to develop a gas-electric hybrid fuel system for pickup trucks and sport utility vehicles is not a big surprise if one considers the source of how the arrangement came about. Ford CEO Alan Mulally and Toyota CEO Akio Toyoda crossed paths at an airport. The two company leaders talked, sharing mutual admiration for each other's companies. Talked turned to hybrid vehicles, and plans for the future.
The South Korean city of Daegu has vowed to make its mark on the global stage with a stunning athletics World Championships starting on Saturday, though the hosts' medal ambitions are far less grand.
Moves by the Swiss National Bank to curb strength of the Swiss franc will fuel investors' insatiable demand for gold, adding to its relentless rise to new record highs as confidence in the franc as a safe store of value dwindles.
iPhone users in Japan will receive earthquake warning notification with the next version of Apple’s iOS operating system.
The price of gold early Monday came within $2 of a record high $1,900 per ounce before settling back to 1.2 percent gain over Friday's closing price as a host of global economic worries drove investors into the security of the world's oldest form of money.
Gold prices rallied toward $1,900 an ounce on Monday as concerns over the global economic outlook fueled interest in the precious metal as a haven from risk and due to talk that weak U.S. growth could spark a further round of monetary easing.
Brent crude dropped more than $3 on Monday to below $106 a barrel, while U.S. oil fell more than a dollar to below $82, on the potential for a resumption of exports from OPEC-member Libya as a six-month civil war there appeared close to an end.
The rupee is expected to inch up in early trade on Monday, tracking firm Asian peers, with the performance of local shares seen providing further direction during the day.
Asian stocks turned positive on Monday, recovering a small portion of last week's steep losses, while gold shot to new highs as investors worried about the sluggish U.S. economic outlook and Europe's debt crisis.
A hint of QE3 could usher in a very explosive global equity rally.
Two swimmers have survived rare shark attacks in waters off Russia’s Pacific coast this week within 24 hours, emergency ministry and media said on Thursday.
U.S. Vice President Joe Biden on Sunday rejected views that American power is waning and said Washington would never default, wrapping up a China visit that has played down tensions between the world's two biggest economies.
The euro rebounded on Friday as an early sell-off lost steam on central bank demand and technical buying, although the currency was vulnerable due to fears about euro-zone banks and a gloomy global outlook.
In a bid to track future sea-level increases from climate change, researchers at NASA have come out with the first complete map of the speed and direction of ice flow in Antarctica.
Thousands of sunflowers planted at Joenji temple in Fukushima, northern Japan, to help fight the radiation from Fukushima Daiichi Nuclear Plant, have blossomed.
U.S. Vice President Joe Biden on Friday said China had nothing to worry about concerning the safety of its vast holdings of Treasury debt, while China's Premier Wen Jiabao gave a ringing endorsement of the resilience of the debt-ridden U.S. economy.
NASA-funded researchers have created the first complete map of the speed and direction of ice flow in Antarctica, giving critical insight into future sea levels.
NASA researchers recently created a complete map of the Arctic ice flow.
