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Stocks rally and euro steadies ahead of ECB meeting

Japan's Nikkei share average hit a five-month high and the euro stayed within sight of overnight highs on Thursday ahead of a European Central Bank meeting that investors speculate could yield new measures to contain the euro zone's fiscal crisis.

Why did Germany and France spook the euro?

3. The value of the euro is being talked down by officials from core Europe.
France and Germany, the two leading countries of the euro zone, may have intentionally engineered a competitive currency devaluation by pushing private investors to share the burden of future sovereign bailouts.

Why jobs are going overseas

Employees work inside a Foxconn factory in the township of Longhua in the southern Guangdong province in this May 26, 2010 file photo.
Decades ago, the United States had a huge competitive edge over the rest of the world. However, that advantage is slipping away and so are American jobs.
View of barbed wire fence at the Auschwitz ' former Nazi death camp in Poland, August 1978

U.S. provided a safe haven for Nazi war criminals: Report

The U.S. government had been secretly sheltering Nazi war criminals for several years and has clashed with other nations over their fate, a 600-page report, which the Department of Justice has tried to keep hidden from the public, reveals.
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South Korean President Lee Myung-Bak (R) meets Chinese State Councillor Dai Bingguo at the presidential Blue House in Seoul November 28, 2010.

China calls for emergency talks, South Korea 'accidentally' fires into DMZ

China on Sunday proposed an emergency meeting of all nations involved in the Six-Party Talks over North Korea in early December. Seoul responded immediately dismissing the resumption of talks as not timely. Meanwhile, South Korea had mistakenly fired an artillery shell towards the Demilitarized Zone (DMZ)
Target

A tale of two retail giants on Black Friday

As the stock market focuses its gaze upon the holiday shopping season, two of the most prominent companies in the retail sector that may attract much attention are Wal-Mart Stores Inc. (NYSE: WMT) and Target Corp. (NYSE: TGT).
Civil war in Sudan could cost $100 bn

A reignited civil war in Sudan could cost $100 bn : Report

A reignited civil war after the Southern Sudan referendum on independence could cost the International community and the country at least $100 billion, a think-thank report said. The January 9 vote is likely to go in the favor of the oil-rich South Sudan's demand of secession from the North. Tensions have been escalating in the region with reports of a fresh wave of attacks led by the government troops on South Sudan regions.
A humpback whale's tail comes out of the water during a ride on the Les Ecumeurs boat on the St. Lawrence river at Les Escoumins, Quebec, August 13, 2009.

U.S. condemns Iceland's whaling ways

Iceland’s decision to resume international trade in whale meat with Japan brought a sternly worded response from U.S. Commerce Secretary Gary Locke.
President Obama and SpaceX CEO Elon Musk tour Cape Canaveral, where SpaceX has a launch site.

SpaceX Gets License From FAA

SpaceX, which aims to be the first private company to launch manned space vehicles, reached another milestone with its Federal Aviation Administration License for re-entry to Earth's atmosphere.
Lithium-ion batteries

A lithium ETF: A new type of commodity investment

Given the explosive expansion of electronic gadgets in recent years, the demand for lithium has surged. Now, with the imminent development of more electric and hybrid vehicles (whose batteries will increasingly use lithium), demand for this obscure metal could skyrocket.

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