CHINA

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Equities steady after rise, euro holds gains

Asian stocks steadied on Friday with big gains unlikely as investors looked to take profits after three days of gains, while the euro held its tiny increase following Germany's approval to expand the euro zone bailout fund.

China Launches 'Heavenly Palace,' Start of Space Station

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The first Chinese unmanned space laboratory Tiangong-1, meaning Heavenly Palace-1, was successfully shot into space Tuesday, paving the way for China to become the third country after the U.S. and Russia to run a permanent space station.
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Asia stocks fall in worst month since Oct 2008

Asian stocks fell on Friday, extending the worst monthly performance since the most volatile days of the global financial crisis in October 2008, with Chinese shares racking up sharp losses.
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Bob Dylan Accused of Plagiarism in Painting Exhibit

Legendary singer-songwriter Bob Dylan has been accused of plagiarism for a series of paintings in his New York exhibit, suspected to have been copied from well-known photographs rather than inspired from his travels.
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Consumer, tech stocks pressure Wall Street

The technology-heavy Nasdaq led stocks lower on Thursday as investors continued to fret about weakness in the global economy and Wall Street looked set to limp to its worst quarter in three years.
U.S. home construction unexpectedly fell 1.1 percent in February

Good Time to Lock in a 30-Year Fixed Home Mortgage Rate?

Amid a sluggish U.S. economy with inadequate job growth, there has been one unabashed bright spot: home mortgage interest rates, currently about 4.10 percent for a 30-year, fixed-rate mortgage, are the lowest in decades. Is now a good time to take the plunge a purchase a home?

Developing Nations Also Eye Space as China Launches First Space Lab

China has embarked on a plan to launch a new space lab on Thursday beginning with the lift off of its 8.5-ton Tiangong-1 space module. Developing nations across the world are launching space and science research that could put them on the path to charting their own future.
Typhoon Nesat

Typhoon Nesat: Storm Pounds Hong Kong, China

Typhoon Nesat, known as Typhoon Pedring to locals when it hit the Philippines earlier in the week, has reached China. Markets and schools were shut in Hong Kong and the storm is moving across the coast to the Hainan Province.
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China Hit by Typhoon Nesat

Typhoon Nesat hit Hainan Island in South China on Thursday after it had struck Hong Kong forcing markets, schools and businesses to close in one of Asia's most important financial centers.
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China's runaway bosses spotlight underground loan market

A string of Chinese entrepreneurs have gone into hiding to avoid repaying loans, according to state media reports, highlighting a credit squeeze on private firms and the dangers of steep interest rates in China's vast and growing informal lending market.
Director Pedro Almodovar attends a news conference for the film ''La Piel Que Habito'', in competition at the 64th Cannes Film Festival

Catalan Film Beats Almodovar into Oscar Race

Spain nominated a film in Catalan for the first time ever on Wednesday as its candidate for Best Foreign Language Film at the upcoming Academy Awards, ahead of a picture by two-time Oscar winner Pedro Almodovar which stars Antonio Banderas.

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