For the last three years, the consensus has been that a robust and self-sustaining recovery for the U.S. economy is on the cards, but economist Nouriel Roubini, dubbed Dr. Doom, thinks that it's not likely to happen, rather he expects below trend growth for many years to come.
China's manufacturing activity rose in July compared to that in June, according to the preliminary HSBC Flash Purchasing Managers Index (PMI) released Tuesday.
Most Asian markets fell Tuesday as investor sentiment was dragged down by the continuing concerns over the debt burden lingering over the euro zone.
A severe typhoon hit Hong Kong Tuesday morning, disrupting business across the financial hub, with offices and the stock market to remain closed for at least part of the morning after the city raised its highest typhoon warning overnight.
On Sunday, China appointed 45 lawmakers to the congress in Sansha City, a Chinese prefecture established just last month. China Claims South China Sea Island With Military Garrison: Report
It's officially the last week of July, which means that Apple has seven days to release its brand-new operating system for Mac, also known as OS X Mountain Lion. Users that upgrade to Mac OS X Mountain Lion will discover scores of useful features -- more than 200 of them, according to Apple. Here's a guide to the best and most important features in Mountain Lion.
A fancy new aircraft upgrade for the Marines is causing a backlash in Japan and exposing years of tensions over U.S. forces in the country.
With the support of President Benigno Aquino III, as well as $30 million from the United States, the Filipino military will add more than 40 aircraft -- including attack helicopters -- and other weapons to its arsenal.
Police physically barred people from visiting the site of the crash, including one Wenzhou survivor and two bloggers who were taken into custody for trying to enter the area.
Right after the Hong Kong Stock Market closed on Monday; the financial hub was hit by gales as typhoon Vicente swept through it, prompting a red alert. The Hong Kong Observatory issued a No. 8 tropical cyclone warning in Hainan Island in South China immediately which disputed business in the capital and all the workers were asked to go home early from office.
In a fairly light week of data, Friday's first take on the U.S. second-quarter gross domestic product will be the main event. Economists expect a feeble reading of 1.4 percent. This will be the final major data point to influence participants at the July 31 - Aug.1 meeting of the policy-setting Federal Open Market Committee.
The World Wildlife Fund, or WWF, ranked Vietnam the worst country for wildlife protection among 23 nations assessed for enforcement and protection of species prone to poachers, such as rhinos, elephants and tigers. (Check out the full report and list here).
China's giant oil and gas conglomerate Cnooc Ltd. said Monday it will pay $15.1 billion in cash for Canadian oil and gas company Nexen Incorporated (NYSE: NXY), among whose assets are large oil sands and shale gas properties.
Rumors are rife that Apple will launch a significantly redesigned iPhone later this year. One of the much-talked about design overhauls is a smaller dock connector, replacing the existing 30-pin one. While many rumored features of the next iPhone, aka iPhone 5, are still uncertain, this particular feature seems to be getting closer to fruition with more reports surfacing online in its favor.
The Arab League has offered a safe exit for Syrian President Bashar al-Assad and his family if he quickly resigns and leaves the country, in the latest attempt from the international community to end 17 months of bloodshed in Syria.
Asian stock markets slumped Monday as renewed concerns over the euro zone debt crisis and worries about the Chinese economic slowdown dented investor sentiment.
Crude oil futures plunged Monday as renewed concerns over the euro zone debt crisis weighed on the financial markets and commodities.
Most European markets fell Monday amid continuing concerns about the deepening economic conditions in Spain and Greece.
China will establish a military garrison on a disputed island in the South China Sea, amid escalating tensions that have strained its ties with the neighboring nations and the U.S.
The Apple iPhone 5 release date may not be that far off, judging by a hint dropped by a top Verizon executive that industry observers are interpreting to mean that the long-awaited smartphone will hit stores by the end of 2012.
Internet users and investors were heartened last week when Yahoo (Nasdaq: YHOO), elected Marissa Mayer, 37, as its third CEO in less than a year. A hedge fund gets part of the credit but not all hedge funds score as well in the tech sector: how about Eastman Kodak (Pink: EKDKQ)?
China will be in focus again in Asia as the slowdown in the second quarter economic activity and the dovish comments by Premier Wen raised expectations of a further reserve requirement ratio cut.
