Despite the recent efforts from competitors like Samsung and Motorola to denigrate the all-new iPhone 5, customers have lined up to purchase Apple’s latest smartphone in record numbers. Since its release last Friday, the iPhone 5 sold more than five million units in its first weekend available. The Cupertino, Calif.-based computer company announced the news in a press release early Monday morning. Apple: iPhone 5 Sales Top 5 Million Units In First Weekend Of Release
Global rating agency Standard & Poor’s (S&P) Monday cut the economic growth forecast for the Asia Pacific countries, including China and India, citing the slowdown in China, euro zone troubles and a slower-than-expected recovery in the U.S.
Most of the Asian markets fell Monday as investor confidence was weighed down by the revival of concerns over the debt crisis affecting the euro zone and the economic slowdown faced by China.
Most Asian stock markets ended on a negative note last week as the weak fiscal reports from the major economies and the China-Japan tensions weighed on the sentiment.
Most of the Asian markets fell in the week as investor confidence was weighed down by the intensifying tensions between China and Japan, raising concerns of economic slowdown and undermining the stimulus measures announced by the Bank of Japan.
Photographer Yoji Ookata was on one of his frequent dives in the Pacific Ocean when he noticed something unusual this year. Imprinted on the ocean floor was a circular geometric pattern, about 6.5 feet in diameter.
The release of Apple’s (AAPL) iPhone 5 could push the company’s stock prices up to $850, analysts have predicted. The highly-anticipated smartphone from Apple is expected to push out up to 6 million units in its first weekend alone, marking what could be the largest Apple handset launch in history.
Caterpillar's August deal statistics highlighted fears of a global slowdown, and the WTO lowered its 2012 global trade growth forecast to 2.5 percent.
Asian stocks advanced Friday as the commitment of the central banks to support global economic growth continued to buoy investor sentiment.
Most of the Asian markets rose Friday amid investor hopes that the stimulus measures announced this month by policymakers around the world will be able to bolster the global economic growth.
Asian shares and the euro steadied Friday as markets consolidated after recent sharp moves triggered by central banks' stimulus steps.
Hundreds of Chinese fishing vessels are nearing the Senkaku/Diaoyu Islands, protected by an increasing number of Chinese government vessels. The impasse between Beijing and Tokyo look no closer to resolution.
Mao Sugiyama lives in Japan, where there is no law against cannibalism. He was able to cook and sell his own genitals, and be charged only with indecent exposure
Thursday's purchasing managers' indexes, or PMIs, reignited fears about global growth prospects, as no country can remain unscathed from the euro zone debt crisis.
Alex Morgan, the 23-year-old U.S. soccer star who is celebrating on a victory tour after winning the gold medal at the London Olympics, is prepping up to be the future face of the women’s national team.
The U.S. stock index futures point to a lower open Thursday as investor concerns about the faltering global economic growth were revived following Japan’s increasing trade deficit.
European markets fell Thursday as investor confidence was weighed down by the global economic concerns following the increasing trade deficit of Japan and China’s disappointing manufacturing activity.
Asian markets fell Thursday as investor confidence was weighed down by the report that Japan's trade deficit increased in August, raising more concerns about the faltering global economy.
Watch a live stream of the United States women's soccer team's clash with Australia.
For the first time ever, there are now more millionaires in Asia than in North America.
U.S. and Chinese officials have been quick to dismiss bilateral problems and are highlighting the need for greater cooperation. An assault on the U.S. Ambassador's car in Shanghai has been quickly sidelined.
The Bank of Japan unexpectedly boosted its asset-buying program by ¥10 trillion ($126.7 billion), following similar easing steps by the U.S. Federal Reserve and the European Central Bank.
