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Giant Interactive to invest $50 million in China's Alibaba

Giant Interactive Group Inc said it will invest $50 million in China's e-commerce company Alibaba Group through an investment in Yunfeng e-Commerce Funds.

Oil slides $4 on economic gloom, dollar

Oil prices fell by more than $4 a barrel on Thursday, with U.S. futures touching $81.86 barrel as a combination of signals heightened worries about global economic growth and a rallying U.S. dollar added to downward momentum.

Dog-Eating Festival in China Ends After 600 Years

China banned an annual dog-eating festival after a large public outcry over the way the animals were killed. The event in Qianxi Township outside Jinhua City in Zhejiang Province has been going on for 600 years, but both local and international outrage has stopped the event.

Silvercorp Stock Buyback Reaches 4.5M Shares

China-focused Silvercorp Metals Inc said on Thursday that it has so far bought back some 4.5 million common shares worth about $35 million, as the company fights back against allegations of fraud.

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China Nervously Watches Zambia's Election

Zambia held presidential elections Tuesday, but two days later only 85 of the country's 150 constituencies have reported results, sparking wide-scale unrest in the country and again bringing up fraud allegations. While all eyes are on Zambia, one nation's gaze is especially fixed: China.

China's manufacturing slows as U.S., Europe stall

China's manufacturing sector contracted for a third consecutive month in September while a measure of inflation picked up, suggesting the world's No.2 economy may not be able to provide much of a counterweight to flagging U.S. and European growth.

Nouriel 'Dr. Doom' Roubini: Economic Recovery Reaching 'Stall Speed'

Talk is cheap that the U.S. is merely in slow-growth mode more than two years after the official end to the recession, says Nouriel Roubini, the New York University professor who predicted the collapse of the U.S. housing market and predicted the 2008 recession.

NASA's WISE Data Help Astronomers Make Best Measurement of Black Hole's Magnetic Field

NASA astronomers, who used Wide-field Infrared Survey Explorer and captured a black hole's flaring active jets, have been benefited with the new rare discovery in many ways.

A traders works on the floor of the New York Stock Exchange

Investors Brace for Sell-Off in U.S. Stock Markets

Foreign equities tumbled largely in response to the Federal Reserve’s grim warning about the state of the U.S. economy.

Commodities Falling around the World, China Weakness Cited

Commodities skidded on Thursday as investors scrambled to liquidate after a U.S. Federal Reserve warning, coupled with signs of slower growth in China and Europe, stoked worries about slowing demand for fuels and metals.

Stock futures fall on worries over global economy

Stock index futures tumbled on Thursday as a grim outlook from the Federal Reserve and downbeat data on private sector business activity in Europe and China stoked fears the global economy could sink back into recession.

Oil slides $3 on economic gloom, dollar

Oil prices fell over $3 a barrel on Thursday, with U.S. futures touching $82.75 a barrel as a combination of signals heightened worries about global economic growth and a rallying U.S. dollar added to downward momentum.

Stock futures slide on worries over global economy

Gold Price Falls in European Trading

Gold fell on Thursday, after the Federal Reserve's widely-anticipated move to boost U.S. growth lifted the dollar but pummelled global equities and hit the entire commodities complex.

Spot Gold Slips In Asian Trading

Spot gold slipped on Thursday under the weight of a rallying dollar, after falling more than 1 percent in the previous session when the U.S. Federal Reserve announced its plan to load up long-term securities and offered a grim economic outlook.

Stock index futures point to lower start on Wall Street

Stock index futures pointed to a lower open on Wall Street, with futures for the S&P 500, Dow Jones futures and Nasdaq 100 futures down between 1.4 to 1.8 percent at 0923 GMT (5:23 a.m. ET).

DAX board is pictured at the Frankfurt stock exchange

Stocks Take Beating on Grim U.S., China, Germany Data

A grim outlook for the U.S. economy from the Federal Reserve and signs of a slowing China and Germany drove world stocks sharply lower on Thursday and pushed investors into safer currencies and government bonds.

Europe Must do More to Quell Crisis: U.S. Treasury Official

Europe's debt crisis is the biggest threat to the global economy, the Treasury said on Wednesday, and it called on European policymakers to provide unequivocal support to banks and governments under stress.

Hackers hit Zambia poll website, delay results

Hackers attacked the website of Zambia's Election Commission on Thursday, posting a string of false results showing opposition leader Michael Sata in the lead and causing delays to the release of the official tally.

Digital China is a Quality Play in China's Consumption Growth Story: Analyst

Jefferies reiterated its positive stance on Digital China Holdings Ltd. as the underlying fundamentals of the company's business look strong particularly in the context of an uncertain macro environment.

BRICS to Consider Euro Bonds Plan: South Africa's Gordhan

A meeting of emerging economies on Thursday will consider a Brazilian proposal to buy European bonds to help crisis-hit euro zone countries, South Africa's Finance Minister Pravin Gordhan said on Wednesday.

Woman walks past an electronic board displaying market indices outside a brokerage in Toky

U.S. Stock Futures Point Downward

Stock index futures pointed to a lower open on Wall Street, with futures for the S&P 500, Dow Jones futures and Nasdaq 100 futures down between 1.4 to 1.8 percent at 0923 GMT.

North Korea Seeks to Reopen Nuclear Talks with U.S.

North Korea wants a second round of dialogue with the United States, possibly next month, as part of renewed efforts to restart talks on disabling the its nuclear weapons program, a South Korean official said Thursday.

Fed Outlook, China Data Depress World Markets

World stocks hit a fresh one-year low on Thursday and investors poured money into safer currencies and government bonds after the Federal Reserve gave a grim outlook for the U.S. economy and China's manufacturing slowed.

Fed outlook, China rattle investors

Stocks slump as Fed outlook, China data deepen

Stocks tumbled and the dollar surged on Thursday after a warning from the Federal Reserve that the United States faced a grim economic outlook with significant downside risks and data offered more evidence of a slowdown in China.

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