A Republican proposal to cut the U.S. deficit faced delay and stiff opposition on Wednesday, raising the risk of a debt default and a ratings downgrade as the clock ticks toward a deadline less than a week away.
Nok-Ten has flooded a number of provinces on the northeast island.
The first smartphone based on the new "Mango" edition of Microsoft's Windows Phone platform was unveiled on Wednesday in Tokyo, PCWorld reported. It will help increase Microsoft's share in the smart phone market.
Taiwan initially applied to acquire 66 aircraft from the U.S., reportedly to deter China, however, Washington has apparently postponed closing the deal out of concerns for Beijing.
Olympic champion, Michael Phelps collected all his strength on Wednesday and proved his superiority at the World Swimming Championship in Shanghai by winning 200m butterfly race.
A Republican plan to cut the U.S. deficit faced delay and stiff opposition on Wednesday, raising the risk of default and a ratings downgrade as the clock ticks toward a deadline less than a week away.
Research In Motion
is still in the early stages of a software transition and faces daunting competition from Apple , Google and later Microsoft , a UBS analyst said on Wednesday.The top pre-market NASDAQ Stock Market gainers are: Questcor Pharmaceuticals, CalAmp, Trius Therapeutics, RF Micro Devices, Amazon.com, and Affymax. The top pre-market NASDAQ Stock Market losers are: Illumina, P.F. Chang's China Bistro, CIENA, JDS Uniphase, Level 3 Communications, and Virgin Media.
Dunkin' Brands (DNKN.O) has raised $422.75 million after pricing its IPO at $19 per share, well above the range set by underwriters, signaling strong demand for this week's biggest deal.
German car and truck maker Daimler missed quarterly revenue forecasts and warned strong demand for cars in the key emerging markets of China and India is likely to slow sharply.
Nippon Steel Corp <5401.T>, Japan's top steelmaker, forecast profits to rise this year as a slow global economic rebound bolsters demand, outperforming smaller rival JFE Holdings Inc <5411.T> which expects earnings to dwindle on tough competition in Asia's export markets.
When 21-year-old Zhang, an average student in college, got set for the Graduate Record Exam in Beijing this year, she felt so unprepared that she skipped the exam entirely.
Nissan Motor Co <7201.T> reported a smaller-than-expected 10.4 percent decline in quarterly operating profit on Wednesday as it recovered swiftly from a parts shortage that hammered the industry after the March 11 earthquake.
Nissan Motor Co <7201.T> reported a 10 percent fall in quarterly operating profit on Wednesday as a shortage of parts after the March 11 earthquake peaked during the quarter and slashed vehicle production.
German car and truck maker Daimler's second quarter revenues fell short of expectations, indicating that demand for cars in emerging markets may be starting to cool.
China should gradually make real bank deposit rates positive and continue to use open market operations and bank reserve requirements to slow money supply, an academic adviser to the People's Bank of China said in comments published on Wednesday.
Gold held steady on Tuesday after the last session's record high, as investors stayed on the sidelines, watching the stalemate in Washington's budget talks to avert a ratings downgrade or default.
Two fake Apple Stores have been shut down by the Chinese government because they have no business license to run and not because of piracy or copyright concerns.
Stocks were near flat on Tuesday as ongoing concern about a stalemate in the U.S. debt talks offset healthy earnings from corporations.
Michael Phelps shook off a rusty 150 meters to storm home in the final lap and qualify for the men's 200 meters butterfly semi-finals at the world swimming championships on Tuesday.
Los Angeles Lakers All-Star guard Kobe Bryant's representatives will meet with officials of Turkish club Besiktas next week to discuss the possibility of him playing in Turkey during the National Basketball Association (NBA) lockout.
The most recent fake store in Kunming, China was stumbled upon by a 27-year-old American blogger living in the city, the capital of China's mountainous southwestern Yunnan province, complete with the white Apple logo, wooden tables and cheery staff claiming they work for the iPhone maker, while the Chinese government has launched an investigation into fake Apple stores that have popped up around the southwestern city of Kunming.
