Samsung Electronics Co <005930.KS> said on Monday it would unveil the third-generation of its flagship smartphone Galaxy S on May 3 in London, banking on a heavy marketing campaign heading into the summer Olympics in the city.
Temasek Holdings, the Singapore state-owned investment group, has agreed to buy $2.3 billion worth of shares in the Industrial and Commercial Bank of China (ICBC) from Goldman Sachs, a move that is seen as part of its strategy to increase investment in emerging economies.
The principles of openness and universal access that underpinned the Internet's creation are facing their greatest-ever threat, the co-founder of Google Sergey Brin said in an interview published by Britain's Guardian newspaper on Monday.
Gu Kailai and Bo Xilai, an elite power couple in China, are at the center of a shocking political scandal involving the death of a British national.
Syrian government forces shelled Homs on Sunday, residents of the rebellious city said, as a six-person advance party of U.N. observers is due to arrive in Syria to monitor a ceasefire.
The U.S. Treasury Department said on Sunday that a wider yuan trading band could help reduce global trade imbalances if it allows more play for market forces.
China's weekend reform of its currency regime nails shut the coffin on the last remains of doubt about whether the world's second biggest economy has successfully steered a course past a hard economic landing.
Watch live coverage of the Chinese Formula One Grand Prix from Shanghai, plus read a full preview and prediction.
Discussions of Iran's nuclear program between the Islamic Republic on the one side and the so-called P-5 Plus 1 group -- Britain, China, France, Russia, and the U.S., plus Germany -- on the other side appear to have gone reasonably well in Istanbul on Saturday.
Live coverage of qualifying for the Chinese Grand Prix in Shanghai, plus a full preview and practice review.
The bears were on the prowl Friday, as negative economic news out of China, Spain, and the U.S. left global investors struggling to find safe places for their cash -- and the positive developments that did surface appeared to have little effect.
Months of saber rattling and diplomatic tension between Iran and the rest of the world have led to Saturday's nuclear talks, the first attempt at such negotiations since the last round fell apart 15 months ago. On Saturday, though, an unnamed diplomat told Reuters that the multilateral talks began with a completely different atmosphere than had occurred in previous meeting in early 2011.
Stocks closed their worst two-week slide since November with a selloff on Friday as disappointing China growth data sparked worries the global recovery was flagging.
Gold prices slipped below $1,670 an ounce on Friday, pausing in their biggest one-week rally since late February as the dollar firmed against key currencies, with the euro falling out of favour due to worries over Spain's financial health.
Azerbaijan plans to build the world's tallest building 3,645 feet high thanks to its vast wealth amassed from its oil revenues.
JPMorgan Chase & Co. (NYSE: JPM) and Wells Fargo & Co. (NYSE: WFC) beat first quarter earnings expectations Friday with the help of rising mortgage revenue, but the weak housing market could drag down future gains for the two big banks.
China has previously warned India away from exploration projects in the South China Sea.
U.S. stocks fell on Friday and were on track to end a second straight week lower as concerns about the pace of global growth sparked a selloff in financial shares.
Analysts expect quarterly revenue of $19.85 billion, which would be a bump up from the $19.73 billion Citi posted a year ago. Net income is expected to be 99 cents a share, compared with $1 a share in the first quarter of 2011.
Wall Street was on track to end the week lower on Friday as the rising cost of insuring Spanish debt against default increased worries about Europe's financial health, sparking a selloff in financial stocks.
Stocks fell on Friday on renewed concerns about the euro zone after the cost of insuring Spanish debt against default hit a new high.
Hewlett-Packard Co. (NYSE: HPQ), the No. 1 PC vendor, kept its crown in the first quarter and added share as worldwide PC shipments rose 1.9 percent, market researcher Gartner (NYSE: IT) said.
