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UBS cuts China growth outlook amid global slowdown

UBS cut its 2011 and 2012 growth forecasts for China on Thursday to reflect weaker growth prospects in developed economies, saying the central bank may relax policy if the world's second-largest economy falters.
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Brent Crude Holds at $110

Brent crude steadied around $110 a barrel Thursday, boosted by reduced U.S. crude stocks and positive manufacturing data but countered by economic growth uncertainties.
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Wall Street Set for Fall; Bernanke Speech Awaited

U.S. shares were set to fall Wednesday, giving up some of the hefty gains of the previous session, which were based on hopes that Federal Reserve Chairman Ben Bernanke will announce measures to stimulate the economy
A man takes a picture of a stock index board with his mobile phone outside a brokerage in Tokyo

Asian Markets Dip after Japan Downgrade

Asian shares fell Wednesday as a rally fueled by speculation that the Federal Reserve may further shore up the struggling U.S. economy swiftly petered out, while gold rebounded from its sharpest one-day slide in 18 months.
These are reportedly components for the iPhone 5

Apple Prepares iPhone 5 and Cheaper Cousin: Report

Apple is getting ready to launch two phones, according to people familiar with the matter, confirming rumors that have run rampant for months which suggested another phone would join the launch of the iPhone 5.
Australian Stock Market

U.S. Stocks: Is Dow 11,000 a Top or a Bottom?

You can’t blame investors for feeling slightly queasy about the U.S. stock market these days. One day of relatively positive data points is followed by a day with enough bad news to keep a stock investor up at night. But based on a condensed, cross-methodological analysis, in which direction is the Dow likely to head in the next six months?
Workers at Amphenol factory weave intricate cables for western brands in China's Guangzhou

China Factory Output Cools in August--HSBC

China's factory sector is likely to slow slightly for a second consecutive month in August as sluggish overseas demand saps new orders, HSBC's China Flash PMI showed on Tuesday.
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Europe stagnant as China cools slightly, PMIs show

Economic growth is stagnating in Europe and cooling slightly in China, according to surveys of business activity released on Tuesday, fuelling concern about the risk of a global slump as Western governments struggle to cope with their debt problems.
HP TouchPad

$99 HP TouchPad Sale High Despite Imminent Orphaning

People are still trying to get their hands on the HP TouchPad and the HP Pre 3 smartphone even though the highly discounted gadgets are being discontinued. People are on eBay bidding on TouchPad tablets that are going for around $300, which is just $99 less than the device's last discounted retail price. The discounted retail price for the 16 GB version was $399, and the 32 GB was selling for $499.
iPhone 4

Apple Suppliers Building Cheaper, 8GB iPhone 4

Asian suppliers to Apple Inc (AAPL.O) have begun manufacturing a lower-priced version of its hot-selling iPhone 4 with a smaller 8 gigabyte flash drive, according to two people with knowledge of the matter.
A motorist pumps fuel into his vehicle at JJ's Express Gas Plus station in Phoenix gas station in Phoenix

Oil Up on Libya Strife, Manufacturing Data

Oil prices rose on Tuesday, boosted by better-than-expected manufacturing data in Germany and China and by uncertainty in Libya where government loyalists staged a fight back.
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Gold Pulls Back from $1,900 with 2.4% Drop

Gold dropped 2.4 percent on Tuesday from the record $1,917.90 it achieve the day before as investors moved out of safe-haven assets like precious metals and U.S. Treasuries for stocks and other riskier assets.
For Discussion: U.S. Stock Market

U.S. Stock Market: Is Dow 11,000 a Top or a Starting Point?

You can’t blame investors for feeling slightly queasy about the U.S. stock market these days. One day of relatively positive data points is followed by a day with enough bad news to keep a stock investor up at night. But based on a condensed, cross-methodological analysis, in which direction is the Dow likely to head in the next six months?
Workers make shoes, which will be exported to the U.S., at a shoe factory in Xihua county

China Factory Output Cooling in August: HSBC

China's factory sector is likely to slow slightly for a second consecutive month in August as sluggish overseas demand saps new orders, HSBC's China Flash PMI indicated Tuesday.
HP TouchPad

$99 HP TouchPad Sale: Alternative Devices That Work Just as Well

The $99 HP TouchPad are selling out fast and Bryna Corcoran, the company's social media manager, tweeted on Monday that more of the cheap tablet is expected early his week. But if you can't get your hands on the TouchPad, try these suggested alternatives.

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