CHINA

There are many people who think the Fukushima nuclear crisis has signaled the demise of the nuclear power industry, or at least that it will soon run into a ditch. But certain facts speak otherwise. Rising scepticism about the industry's future, especially in Europe, notwithstanding, the nuclear power sector is more likely to thrive than not.

US stocks ended sharply lower on Monday after Standard & Poor’s (S&P) revised its rating outlook on the United States to negative.

Samsung Electronics Co said on Tuesday it had agreed to sell its hard-disk-drive business to Seagate Technology for $1.4 billion in cash and stock, as it plans to focus on its bread-and-butter memory-chip business.

Stock index futures pointed to a slightly lower open on Wall Street on Tuesday, with futures for the S&P 500 down 0.1 percent, Dow Jones futures down 0.1 percent and Nasdaq 100 futures down 0.1 percent at 0733 GMT.

The top after-market NASDAQ Stock Market gainers are: Steel Dynamics, SMART Modular Technologies, Silicom, Zions Bancorp, and Synthesis Energy Systems. The top after-market NASDAQ Stock Market losers are: China XD Plastics Company, Identive Group, NetEase.com, Netlist, and A-Power Energy Generation Systems.

Spontaneous activity on the Internet is on the wane among experienced users as they shun aimless surfing and plan their online sessions more, according to a study published by Microsoft and two agencies.

Japanese cabinet ministers on Tuesday moved to shore up confidence in U.S. debt after Standard & Poor's threatened to lower its credit rating on the world's largest economy due to a bulging budget deficit, touching a nerve with one of the largest holders of Treasuries.

U.S. stocks suffered a rout after Standard & Poor's cut its outlook on the U.S. government debt, warning that the U.S. fiscal profile may become meaningfully weaker than that of other triple-A-rated countries if policy makers can't tame the budget deficit. The Dow Jones Industrial Average fell 140.24 points, or 1.14%, to 12201.59, led lower by Bank of America and Caterpillar, which each fell 3.1%.

U.S. stock indexes fell more than 1 percent in heavy volume on Monday after Standard & Poor's downgraded the credit outlook of the United States, adding to worries about the global economy after China moved to curb liquidity.

Wall Street fell more than 1 percent on Monday as sovereign debt fears on both sides of the Atlantic and monetary tightening by China hurt the outlook for global economic growth.

This past Thursday, Moody's Investors Service downgraded China's property sector from stable to negative.

Gold prices rallied to a record high $1,497.20 an ounce on Monday after Standard & Poor's downgraded its credit outlook for the United States and as investors worried about debt in the euro zone and inflation in China.

General Electric Co, Google Inc, and two Japanese partners will invest about $500 million in a wind farm under construction in Oregon, the partners said on Monday.

Philips is hiving off its once leading television business, the first step by new chief executive Frans van Houten to boost flagging profit at Europe's biggest consumer electronics maker.

U.S. stocks tumbled on Monday as Standard & Poor's downgraded the credit outlook of the United States, adding to worries about the global economy after China curbed liquidity.

As the Libyan inferno continues to elicit China's muted response punctuated by its anti-NATO stand, it has, however, evoked multiple questions about its underlying motivation.

LG Display, the world's No.2 flat-screen maker, is starting to see signs of recovery in depressed TV panel prices as it forecast a return to profitability in the current quarter after reporting its second consecutive quarterly loss.

U.S. stocks dropped on Monday after ratings agency Standard & Poor's cut its long-term outlook on the United States and another step by China to stem growth reignited worries about the global economy.

Spot Gold jumped to a new all-time high of $1489 per ounce in Asian trade Monday, edging lower as the Dollar rose on the currency market and global equities began the Easter-shortened week with a 0.5% drop.

Gleacher & Co. expects mobile chip maker Qualcomm to be a primary beneficiary in the 3G/4G growth and will remain the top supplier for integrated chips and extend its leadership position to LTE.

Gold stayed above $1480 per ounce in Asian and European trading, and then experienced a sudden spike $15 upwards to new record prices yet again at the beginning of the New York trading session. Prices take support from worries over euro zone debt and inflation in Asia after China opted to raise reserve requirements again.