CHINA

Li Ning sees challenges from competition, rising cost

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China home grown sport brand Li Ning Co Ltd. , which posted a 50 percent fall in its first half profit, said the operating environment is expected to remain challenging on intensifying competition among brands and escalating cost.
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Japanese Retail Interest In Gold Rising

For Eriko Ebina, standing outside a downtown Tokyo medical equipment store that has a side business buying gold, the recent surge in prices for the precious metal was just too tempting.
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Newsmaker: Apple's Tim Cook steps up

Tim Cook, Apple's Chief Operating Officer, who has been standing in for CEO Steve Jobs during his medical leave, has been named the new CEO after Jobs resigned as Apple Inc Chief Executive on Wednesday, without specifying a reason.
Libyan rebel fighters burn a picture of Muammar Gaddafi at a checkpoint in Tripoli's Qarqarsh district

Price on Gaddafi's Head as Fighting Goes on

Libya's new masters offered a million-dollar bounty for the fugitive Muammar Gaddafi on Wednesday, after he urged his men to carry on a battle that kept the capital in a state of fear.
Libya

Price on Gaddafi's head as fighting continues

Libya's new masters offered a million-dollar bounty for the fugitive Muammar Gaddafi on Wednesday, after he urged his men to carry on a battle that kept the capital in a state of fear.
Hubble Space Telescope photograph of the dwarf planet Pluto

Pluto's Controversy Remains: To be a Planet or a Dwarf, That's the Question

Five years ago today, Pluto ceased to be a planet, when the International Astronomical Union demoted it to a newly created category of dwarf planet.The decision to redefine the long-known ninth planet of the solar system remains controversial today, with some disagreements among scientists as well as confusion among the public.

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