The powerful Typhoon Nesat that forced about 300,000 people to evacuate an island in southern China appeared to be sweeping away from the country toward Vietnam Friday.
Gold jumped more than 1 percent on Friday after Germany's approval for expanding the euro zone bailout fund offered temporary relief to investors, but the precious metal was heading for its worst monthly decline in three years.
Just before solar panel maker Solyndra scrambled in August to get more cash from private investors and better loan terms from federal bureaucrats, top company officials went on a political road show.
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.
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.
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.
Asian stocks fell 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.
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.
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.
Bain Capital and Carlyle Group are among three private equity firms bidding for auto parts supplier TI Automotive in an auction that could fetch around $1.5 billion, people familiar with the matter said.
Stocks mostly rose in a volatile session on Thursday as stronger-than-expected economic data and German approval of a beefed-up euro-zone crisis fund relieved two of the worst fears hanging over the market.
There have long been suspicions that Chinese companies which are listed on U.S. bourses do not adhere to strict accounting standards
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.
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.
Gold prices hovered in a tight range Thursday as bullish and bearish forces pinned the yellow metal to a virtual standstill.
The storm has already caused significant damage in the Philippines –killing at least 39 people and rendering another 45 missing -- and also shut down activity on Hong Kong.
When Stratfor, a geopolitical intelligence firm, takes on the euro crisis and Greece, you know it's going to offer a fresh perspective.
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?
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.
Even before China's great stock market bull run of 2006-2007, Wang Jianzhong had become known as China's god of stocks for his prescient picks.
A rocket carrying Tiangong-1, Chian's first space lab, launched on Thursday.
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.
