- When China and the Philippines sparred over the disputed Scarborough Shoal (known as Huangyan Island in China) this past May, the People?s Republic canceled all outbound travel to the Philippines, dealing a direct blow to an industry vital to the nation?s economy. Substitute Japan for the Philippines and Senkaku Islands (known as Diaoyu Islands in China) for Scarborough Shoal, and you?ve got the same thing happening this September.
Freemium Rush: Free-To-Play Gaming Now Makes Up More Than Half Of European Market, But Packaged Video Games Still Drive Eurozone Revenue [REPORT]Freemium video games like "FarmVille 2" and "Angry Birds," the cheap and easily accessible counterpart to premium boxed copies of "Skyrim" or "Call of Duty" that run players upwards of $50 or $60 a sale, now make up more than half of the total market for video games in Europe, a new study shows.
- While market sentiment for China's growth outlook has been overwhelmingly negative, Nomura's Chief China Economist Zhiwei Zhang remains very bullish.
- The Obama administration will file a World Trade Organization complaints against China, charging the nation's government with illegally subsidizing its exports of cars and car parts and imposing unfair dutiets on U.S. auto exports, according to a published report Monday.
- In the wake of the rising tensions with Japan over a disputed set of islands in the East China Sea, China has threatened to retaliate with economic measures that would negatively impact the Sino-Japanese trade.
- President Barack Obama will launch a trade suit against China alleging unfair trade practices by the Chinese government to benefit its auto industry, an U.S administration official said on Monday.
First Apple iPhone 5 Pre-Orders Begin Shipping From China; Enthusiasts Start Camping Outside Flagship Apple StoresAs the launch date for Apple iPhone 5 comes closer, customers who placed the first preorders for iPhone 5 are noticing updates that point to their orders being shipped from China, AppleInsider reported.
- There were quiet celebrations in the offices of Prime Minister Manmohan Singh late last week after he stunned the country with a slew of steps to revive the tanking economy.
- Most of the Asian markets dropped Monday after the rally last week when investor confidence was buoyed by the optimism that the stimulus measures announced by the central banks in the U.S. and the Europe would help revive the global economic growth momentum.
- The Occupy Wall Street protest movement is expected to resume Monday, on the 1-year anniversary of the protests. Is the coalition passé and irrelevant? Or is it a canary in a coalmine - an indicator of worsening economic and social problems in the United States?
- Chinese riot police forcibly broke up an anti-Japan protest in southern China Sunday as demonstrators again took to the streets in scores of cities in a long-running conflict over a group of tiny disputed islands.
- A new study conducted by Microsoft dubbed Operation b70, from Aug. 2011, shows that several computers carry malware installed in the factory, BBC News reported.
- Only two countries are members of the 1 billion mobile phone users club: China and India. In the latter, Nokia and Samsung are battling for the top spot, but their big worldwide rival is an Indian no-show: Apple and the iPhone. Here's why and what's at stake.
- Most of the Asian markets gained in the week as investor confidence was lifted following the announcement of another round of quantitative easing by the U.S. Federal Reserve which is expected to rejuvenate the economic growth.
- The Dow Jones Industrial Average (DJI: DJI) gained another 53.51 points, or 0.40 percent, on Friday to close at 13,593.37, the highest level in nearly five years. However, many uncertainties remain. Here are four factors that could make -- or break -- the Dow's continued ascent.
- The Chinese internet community's low opinion of local government officials gets reinforced by another case of poor behavior, this time showing criminal assault of a young mother, whose only mistake was to pick flowers from grounds near a government building.
- The continued weakness of the global economy will probably leave the two regional manufacturing PMI (Empire State and Philly Fed) and the national Markit PMI at low levels in September. Meanwhile, economists expect August?s data on housing starts and existing home sales to show that the housing recovery remains intact.
- Some 100,000 feral camels have been culled from the Australian outback in order to control the population level and limit the environmental damage they cause.
- The oppressive life in the plants where a third party assembles Apple iPhones remains an integral part of what is needed to deliver the product into the hands of the consumer. Conditions in the factories making the iconic product of the 21st century bring to mind the 19th.