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Global growth seen subdued, still heavily reliant on Asia

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The global economy is set to expand by a modest 3.3 percent this year as a still-smoldering euro zone debt crisis and a relatively slow U.S. recovery continue to leave Asia as the main driver of growth, Reuters polls showed on Thursday.

EU To Suspend Sanctions On Myanmar

Opposition Supporters in Myanmar
The European Union will formalize a suspension of sanctions against Myanmar next Monday, allowing for major easing on restrictions against the country over the next year.
Cupcakes Made From Insects

Cupcakes Made From Insects: Food For Thought? (PHOTOS)

Cakes filled with edible insects in various attractive shapes were on display at the University of Wageningen, Netherlands, on Monday to promote the idea of having insects to meet the needs of protein-rich diet for a rising population.
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Wall Street rebounds after sell-off, Alcoa soars

U.S. stocks rose on Wednesday after an encouraging start to earnings season helped equities rebound from five days of losses that pushed the S&P 500 and the Nasdaq below key technical levels.
Indonesia Earthquake: India Tsunami Warning Withdrawn

Indonesia Earthquake: India Tsunami Warning Withdrawn

India has withdrawn its tsunami warning from earlier today, which was issued following the massive earthquake which rocked the region measuring 8.6 on the Richter scale in Indonesia this afternoon India Standard Time (IST), reported the Press Trust of India.
Indonesia 2004

Indonesia Earthquake: Photos From The 2004 Tsunami

An 8.7 magnitude earthquake struck right off the waters of Indonesia on April 11, 2012. The large quake could be felt in Singapore, Thailand and India, striking fear in thousands of people. Fear of a tsunami striking is due to the 2004 earthquake that hit Indonesia. Take a look at photos of the devastation that the 2004 earthquake and tsunami caused to the Aceh province in Indonesia.
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Indonesia Tsunami Warning 2012: 8.7 Earthquake, Huge Aftershock Strike Fear On Wednesday

On Wednesday an 8.7 magnitude earthquake struck right off the waters of Indonesia. The huge quake could be felt in Singapore, Thailand and India. In 2004, a 9.1 magnitude earthquake struck Indonesia, setting off a tsunami. Over 226,000 people in Sri Lanka, Thailand, Indonesia, India and nine other countries were killed, reports CNBC. The latest earthquake has set fears of a Tsunami in residents.
Japanese Bank Note

Japan Core Machinery Orders Gain Surprisingly In February

Japan's core machinery orders rose in February against all expectations, indicating that the country’s economy is in the path of recovery in spite of deflationary pressures, a strengthening currency and decreasing foreign demand.
Indonesia Quake

2 Quakes Hit Indonesia's Coast; Tsunami Watch Canceled

An 8.2-magnitude temblor struck 618 kilometers off the coast of Aceh province, epicenter of the December 2004 tsunami that killed hundreds of thousands of people in Asia. Two hours earlier, a magnitude-8.6 quake struck off Sumatra.
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Honda eyes new models, strong growth in China

Honda Motor Co Ltd will launch 10 more car models in China by 2015 and expects sales in the country to double over the same period, a senior executive said on Tuesday, as it moves to narrow the gap with foreign rivals in the world's largest auto market.
Sony doubled its annual losses projection to $6.4 billion on Tuesday, just one day after the company announced it will cut about 10,000 jobs, or about six percent of its global workforce. CEO Kazuo Hirai needs to take a big look at his board of directors

Sony Slashes 10,000 Jobs: What CEO Hirai Can Learn From Apple

Sony will cut about 10,000 jobs, which equates to about six percent of its global workforce, by the end of the year. The move comes after an extremely poor annual forecast and the hiring of a new CEO, Kazuo Hirai, who looks to get profit out of the red for the first time in four years.

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