Hopes that emerging markets will lead the world out of the global economic slowdown are beginning to dim.Christine Lagarde, managing director of the International Monetary Fund (IMF), voiced her concerns over the strength of the global economy, emphasizing that emerging markets, which currently account for two-thirds of global growth, were showing signs of weakening.
One of the biggest first-person shooter gaming titles on the market will expand to mobile platforms in the near future. Activision has just confirmed that its recently established studio in Leeds will develop handheld and iOS versions of ?Call of Duty.?
Amazon got into the hardware game in 2007 with its popular e-book reader, the Kindle. Five years, three Kindle generations and a tablet later, the world's largest online retailer is reportedly building its first-ever smartphone to compete with Apple's iPhone and Google's Android platform.
Apple has been known in the mobile and PC world for its resistance to viruses and malware. However, the iOS App Store has just been infected with its first case of malware, causing newly updated apps to crash upon opening.
Eighteen years after China first started construction, nine years after it first started producing electricity, the world's largest power station is now, finally, fully operational.
Is Pakistan an enemy of the United States? For the past two years, the Obama administration has doggedly maintained that the South Asian nation remains a vital American ally, even as it has grappled with what it itself admits is a ?complicated? relationship.
Russia and China are not attending the Paris summit.
U.S. stock index futures point to a slightly lower open Friday as the interest rate cuts announced by central banks in Europe and China on Thursday failed to convince investors that the measures will be sufficient to rejuvenate the struggling global economy.
Syrian President Bashar al-Assad says the anti-government protests in his country are not comparable to the Arab Spring protests elsewhere, and that it's not people, but terrorists, who want to oust him from power.
Asian stock markets declined Friday as investors remained cautious ahead of U.S. employment data due later in the day while major central bank?s actions to stimulate the global economy failed to calm market jitters.
Asian markets fell Friday as central bank measures in Europe and China could not allay investor concerns about the intensifying debt crisis looming over the euro zone and the worsening global economic downturn.
The European summit may have increased investor confidence, but weak consumer spending across Europe, along with the rise of the dollar against the euro, is slowing down the global economy, pushing many companies to trim their earnings forecasts.
Old allies have a new mission: rebuilding the Cuban economy
To some extent, monetary easing has been accommodated because of stable-to-lower inflationary pressures.
Western human rights group including the British-based Amnesty International, has condemned China?s brutal policies in Xinjiang.
But Russia is apparently getting tired of Assad?s slow pace of reform and the continuing violence against unarmed civilians.
From city hospitals to tiny rural clinics, India's public doctors will soon be able to prescribe free generic drugs to all comers, vastly expanding access to medicine in a country where public spending on health was just $4.50 per person last year.
The United States will file an unfair trade complaint with the World Trade Organization against China for its duties on U.S.-made car imports.
Asian stock markets declined Thursday as market participants remained cautious ahead of the European Central Bank (ECB) and Bank of England's (BOE) policy decision meetings later in the day.
Samsung is the number one brand among Asian consumers, according to the Campaign Asia-Pacific 2012 Asia's Top 1000 Brands report.
Oil prices remained near $87 a barrel during Asian trading hours Thursday as investors were awaiting the key monetary decisions from the European Central Bank (ECB) and Bank of England.
Asian markets fell Thursday with the revival of investor concerns about the euro zone?s debt crisis intensifying and the economic downturn deepening.
