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Asian Markets

Asian Markets Likely To Maintain Gains Next Week

Asian stock markets reported their first weekly gains in six weeks amid hopes that major central banks, including the U.S. Federal Reserve, might act to tackle deteriorating global economic conditions.
Global soybean supplies are down while U.S. exports rise.

Gold, Guns and Gas: Three Ways To Keep Your Money Safe

The world's economies have fallen to their weakest level since the recession officially ended in 2009. German and U.S. bonds actually charge buyers interest rather than pay buyers interest. The euro zone's survival appears at genuine risk and China's red-hot economy, the second-biggest in the world, is not so red hot any more.
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Reumofan Plus

US FDA Alerts Consumers About Mexico's Recall Of Reumofan Plus

Mexico's Ministry of Health has issued a warning on Reumofan Plus -- marketed as a so-called natural dietary supplement for pain relief and other serious conditions -- and ordered manufacturer Riger Naturals to recall it.
International Business Times Logo

May Retail Sales Stronger Than Expected: Reuters

Several top retailers reported stronger-than-expected sales in May Thursday, Reuters is reporting, providing a moderate surprise to Wall Street retail analysts, who had warned May might prove a disappointing month in terms of revenue for many stores.
Rupee

Indian growth weakest in nine years, rupee slides

India's economic growth slumped to its lowest level in nine years in the first three months of 2012, marking a dramatic slide in the fortunes of a country whose economy was boasting nearly double-digit growth before the global recession.
Traders on the floor of the New York Stock Exchange

US Stock Futures Point To Higher Opening Thursday

Futures on major U.S. indices point to a higher opening Thursday, ahead of the ADP National Employment Report and the Bureau of Labor Statistics' (BLS) report on Initial Jobless Claims.
Apple iPhone 5: Major Features, Specs, Schematics Released By Repair Site [REPORT]

Apple 'iPhone 5': Major Features, Specs, Schematics Released By Repair Site [REPORT]

As Apple prepares for WWDC in San Francisco, new parts and components for a sixth-generation iPhone have surfaced on the Internet, via Apple website 9 to 5 Mac. The images, which show the faceplates and backplates for a new black and white iPhone, appear to be legitimate. This could be the iPhone 5 we've all been waiting for.
Banking on superhero

Spurned by Saviors, Spanish Bank Turns to ... Spider-Man

Facing what seem to be minute-by-minute rejections of various bailout scenarios, Spanish bank Bankia S.A. -- the country's fourth-largest financial institution, which is currently embroiled in a crisis of insolvency -- is putting its faith in the web-shooting hands of a Marvel Comics superhero, Spider-Man.
COMEX trader

Industrial Commodities, Stocks Plunge On Global Slowdown Fears

Industrial commodities and global stocks fell sharply Wednesday as evidence mounted that the global economy's highfliers are dangerously close to stall speed. Yields on 10-year Treasuries tumbled to a record low 1.64 percent.
RIP Cisco Cius (2011-2012): How Apple, iPad Claimed Another Tablet Victim

RIP Cisco Cius (2011-2012): How Apple, iPad Claimed Another Tablet Victim

The Cisco Cius, we hardly knew ye. Less than a year after the Cius hit shelves on July 31, Cisco announced on Friday (via company blog) that it will discontinue all investments being poured into its tablet designed for business and enterprise professionals. The price may have been the Cius' ultimate killer, but the lack of entertaining features made this tablet all work, and no play.

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