Saying the Korean peninsula was at a turning point, South Korean President Lee Myung-bak on Monday urged North Korea to embrace a new era by using its new change of government head to transform Korean ties.
After the holiday party comes the hangover for retailers: handling millions of returns this week.
European stocks ended higher in their first trading session of the year on Monday, led by defensive utilities such as E.ON and GDF Suez , while volumes were anaemic as UK and U.S. markets remained closed for the New Year holiday.
Iran symbolically threatened the U.S. and Israel on two fronts Monday: the testing of new long-range rockets and the production of a nuclear fuel rod.
Republican presidential hopeful Rick Santorum believes bombing Iranian nuclear facilities will teach Iran some lessons it badly needs.
An app that acts like a musical postcard enables users to capture and share musical moments with friends and family and to discover great songs along the way.
Wells Fargo Securities believes 2012 will be very similar to 2011 in that there are plenty of risks affecting prospects for economic growth across the world.
European shares made a positive start to the New Year as they extended a two-week rebound in thin trade on Monday, with automotive stocks and euro zone banks leading the charge.
Rodman knew that Rick's Cabaret had momentarily launched a topless basketball league with Spud Webb, a former NBA star with the Atlanta Hawks. Currently, Webb is in charge of the NBA Development League team the Texas Legends. But Rodman hopes his topless team -- once he gets it together -- can face Rick's Cabaret's team in a charity game.
Global manufacturing activity was subdued going into 2012, with the euro zone's industrial sector suffering its fifth straight month of declines in December and Asian factories mostly stuck in a rut.
Asian factory output remained weak in December, with Chinese manufacturers narrowly avoiding contraction and South Korea's industrial production shrinking the most in almost three years, while Europe data this week is expected to point to a recession.
Media mogul Rupert Murdoch, in a surprise move, has opened an account on micro-blogging Web site Twitter. The 80-year-old, however, received mixed reactions and some sharp criticism, from his now fellow micro-bloggers.
The HTC Amaze 4G, which was released in October for T-Mobile, is expected to face immense competition from the first Ice Cream Sandwich phone, the Samsung Galaxy Nexus, which was made available in November for Verizon Wireless.
Crude prices started their jolly ride to the top in February last year when simmering discontent in the Middle East erupted into several violent anti-government protests.
Apple Inc. has more than $81 billion of cash on its books with about one-third held in the U.S. This is because of its continuing success of products like iPhone, iPad, iPod and Mac. So what will Apple do with all the cash hoard?
It seems the act of supporting Ron Paul, in the run up to the 2012 U.S. presidential elections, has its own rewards. His loyal supporters are apparently prepared to go great lengths to ensure his success.
Tom Cruise's latest adventure as Agent Ethan Hunt - Mission Impossible: Ghost Protocol has taken the top spot at the US box office over the three-day New Year's weekend. The action-packed thriller is the fourth installment of the Mission: Impossible series and was released worldwide Dec. 16.
Hyundai Motor <005380.KS> and affiliate Kia Motors <000270.KS> aim to boost global vehicle sales by 6 percent this year to a combined 7 million vehicles, which would mark a slowdown for a duo that has enjoyed double-digit sales rises in recent years.
South Korea's manufacturing sector shrank the most in nearly three years in December as global demand cooled, a survey showed on Monday, but President Lee Myung-bak cited inflation as a bigger risk in a year of big elections.
Israeli and Palestinian negotiators will meet this week after more than a year of deadlock in peacemaking, officials said Sunday, but both sides played down prospects of any imminent resumption of talks.
Hyundai and affiliate Kia aim to boost global vehicle sales by 6 percent this year to a combined 7 million vehicles, which would mark a slowdown for a duo that has enjoyed double-digit sales rises in recent years.
Republican White House hopefuls launched a two-day dash to the finish in Iowa Sunday, with front-runner Mitt Romney poised for a strong showing that could set him on the path to the nomination.
