China is building two aircraft carriers as part of a military modernization program that is causing concern among other Asian countries, sources said on Wednesday.
Chinese Premier Wen Jiabao ordered on Wednesday a swift and transparent investigation into the weekend crash of two high-speed trains that has ignited public anger, and pledged the government would take "resolute" safety steps in its aftermath.
Restaurant operator P.F. Chang's posted disappointed quarterly results Wednesday, and Wall Street reacted, dropping the company's stock more than 10 percent.
Republicans and Democrats rushed to rework rival deficit reduction plans on Wednesday, but with the fate of both proposals heavily in doubt top lawmakers pursued a behind-the-scenes compromise to avert a crippling U.S. default.
Higher input costs and a strong rand led to a 63 percent drop in ArcelorMittal South Africa's first-half profit and the steelmaker forecast a difficult third quarter on Wednesday, sending its shares to a 28-month low.
Depression rates are higher in countries with higher incomes, a study found. 121 million people worldwide suffer from depression and rates are disproportionately high in countries with higher incomes. Depression significantly decreases quality of life and inherently comes with distorted, irrational, and negative thinking patterns.
Michael Phelps is used to celebrating 200 meters butterfly victories but the American's gold medal at the world swimming championships on Wednesday was particularly sweet.
Relief was etched all across Michael Phelps' face Wednesday after the American won his first gold medal of the world swimming championships in Shanghai, one year to the day before he begins his final Olympics campaign.
Fund managers are weighing up their defensive investment options as a litany of poor economic indicators from the UK, Europe and the United States hammers home fears another global recession is on its way.
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.
