CHINA

Apple

Made in Texas: Apple's A5 iPhone Chip

Apple Inc is famous for relying on low-cost Asian manufacturers to both source and assemble its popular gadgets, but the consumer device giant recently started receiving a critical component in its iPad and iPhones from closer to home - Texas.

Russia Proposes U.N. Resolution on Syria

Syria's President Bashar al-Assad
Russia has offered the United Nations Security Council a new draft resolution on the violence in Syria after having previously vetoed resolutions proposed by the European council members.
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Herman Cain: 999 Man Wants to Be Secretary of Defense (VIDEO)

Cain then fell from the polls and bowed out of the race. But he's told Barbara Walters in an interview that aired Wednesday night as one of the 10 Most Fascinating People of the year that if given the opportunity for a cabinet position, he would choose this one -- Secretary of Defense.
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U.S. Resilient, Europe Debt Woes Touch Asia

An improvement in the U.S. employment picture last week and a rise in regional factory activity suggested an emerging divide between resiliency in the U.S. economy and faltering growth in Europe and Asia.
U.S. Defense Spending

Defense Bill 2012 - To Make U.S. Stronger, Cut Pentagon’s Budget By 50%

U.S. overspending on the military has diverted resources from civilian / social investments, including public goods, weakening the U.S. economy, and, by extension weakening the nation. If it doesn’t substantially cut defense spending, the U.S.’s empire will likely share the fate of two other empires that overspent on the military -- the British Empire and the Soviet Union.
Nagasaki Bomb

A New Yorker's Opinion: The New Cold War

Of course, when a leader is pressed by domestic trouble, his thoughts turn immediately, as they do for all leaders, to distracting the population with a foreign enemy. And today, that would be us.
China's Wonderland

China’s Abandoned ‘Wonderland’

Along the road to one of China's most famous tourist landmarks - the Great Wall of China - lies the crumbling remains of what was to be the largest amusement park in Asia, Wonderland.
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Europe's economic and debt woes touch Asia

The pace of decline in the euro zone private sector eased unexpectedly in December, but the global toll of the region's sovereign debt crisis became clearer on Thursday with news of falling investment and factory activity in China.
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Analysis: China toughens trade stance with tariffs

China has fired a warning shot with its decision to impose tariffs on imports of sport-utility vehicles and other large cars from the United States as both countries gear up for increased trade friction next year.
Gold sculpture in a Chow Tai Fook store

World's Largest Jewelry Retailer Goes Public

For tycoon Cheng Yu-Tung, 86, listing his jewellery retailer Chow Tai Fook, the world's largest, on the Hong Kong Stock Exchange paves the way for his younger generation to strengthen its position in China's glittering market.
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Stock index futures signal early rebound

Stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500 up 0.3 percent, Dow Jones futures up 0.5 percent and Nasdaq 100 futures up 0.5 percent at 0906 GMT.
Traders work on the floor of the New York Stock Exchange

U.S. Stock Index Futures Signal Early Rebound

Stock index futures pointed to a higher open on Wall Street Thursday, with futures for the S&P 500 up 0.3 percent, Dow Jones futures up 0.5 percent and Nasdaq 100 futures up 0.5 percent at 0906 GMT.
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Hong Kong debut IPOs fall on volatile global markets

Two of Hong Kong's biggest recent initial public offerings slumped in their trading debuts on Thursday, falling victim to weak investor demand that has pressured new listings in the once booming global IPO powerhouse.
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Foreign investment in China down first time in 28 months

China's economic growth could be slowing further as data on Thursday showed the first year-on-year drop in foreign direct investment in 28 months and a fresh fall in new orders signaled a further contraction in factory activity.
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Euro steady, focus on Switzerland and Spain

The euro steadied just off new 11-month lows on Thursday, with eyes fixed on a Swiss National Bank meeting to consider its campaign of currency intervention while a Spanish bond auction will offer more signs on the depth of Europe's debt crisis.
Gold

Gold Plunges to its Lowest Level Since September

Spot gold weakened further on Thursday after dropping 3.5 percent in the previous session, as investors remained nervous about the eurozone debt crisis amid the year-end rush to liquidate positions.
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China FDI flows stumble in November as U.S. drags

Foreign direct investment growth in China fell year-on-year for the first time in 28 months, with November's $8.8 billion of commitments down 9.8 percent and hurt by a sharp drop in inflows from the United States, Commerce Ministry data showed Thursday.
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Top 10 Economic Predictions for 2012 from IHS

Economic growth across the world will slow in 2012 due to the problematic combination of private-sector deleveraging, public-sector austerity and the lack of confidence in political leaders' ability to navigate these situations according to IHS, a leading macro-economic consultancy.

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