Myanmar: Sectarian Violence Underscores Repression Of Rohingya Muslim Minority
Since the eruption of violence, 500 houses have been burned or razed in the region, while 5,000 people have become homeless.
Apple iOS 6: Features We Hope To See Unveiled At WWDC 2012
So much for doubling down on secrecy. On Friday, several San Francisco residents snapped photos of banners being raised in the Moscone Center's west exhibition hall, one of the event sites for Apple's 2012 Worldwide Developer's Conference (WWDC), for the iOS 6. Even though WWDC 2012 will apparently center around the Mac, Apple will nevertheless find time to introduce developers to new tools and features for the iPhone's and iPad's next-generation operating system.
S&P Says India May Lose Investor Grade Rating; Sensex, Nifty Shed Gains
Credit rating agency Standard and Poor's (S&P) Monday said that India could lose its investment grade rating due to its weak GDP growth rate and political roadblocks to economic policymaking.
Insider Trading Trial: Rajat Gupta Won?t Testify In Own Defense
Former Goldman Sachs director Rajat Gupta, who is accused of insider trading, will not testify in his own defense, according to a letter written by his main lawyer to the U.S. District Judge in New York.
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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.
Chesapeake Energy Selling Pipelines For $4B
Chesapeake Energy Corporation (NYSE: CHK), the nation's second largest natural gas producer, is seeking to patch its $22 billion shortfall brought on by dropping natural gas prices by selling its midstream pipeline assets to Global Infrastructure Partners for $4 billion, the company announced Friday.
China Shares Edge Higher After Rate Cut; Hong Kong Down
Chinese shares edged higher Friday after the People's Bank of China lowered benchmark interest rates for the first time in three years to boost economic growth.
Top After Market NYSE Movers (Molina Healthcare, Mitsubishi UFJ, Centene Corp, Cooper Companies, Cooper Companies, Ivanhoe Mines)
The top aftermarket NYSE gainers Thursday were: Molina Healthcare, Centene Corp, Mitsubishi UFJ Financial, Ivanhoe Mines and MGIC Investment Corp. The top aftermarket NYSE losers were: Cooper Companies, Ellie Mae, FleetCor Technologies, Flotek Industries and Chicago Bridge & Iron Co.
Can Splurging Chinese Firms Save Europe?
Not a chance.
Saab Sold For One-Third Of What GM Valued It At
Sino-Japanese joint venture National Electric Vehicle Sweden AB (NEVS) has paid a paltry 1.5 billion to 1.8 billion kronor ($210 to $250 million) for defunct Swedish carmaker Saab Automobile AB.
MANCHESTER UNITED TRANSFER RUMOURS: Asamoah, Modric, Pogba, Baines, Alba And Fischer Discussed In Latest Speculation
Manchester United could be set for a midfield overhaul this summer, while there is further speculation about a new left-back and an exciting young talent.
India To Spend $1 Trillion Building Roads, Ports To Get Moribund Economy Buzzing Again
Singh wants the Indian economy to be humming along at 9 percent annual growth again.
Norway Will Help Britain Keep The Lights On And The Factories Humming
A new partnership agreement between the United Kingdom and Norway will strengthen the energy connection between the two countries, said UK Prime Minster David Cameron on Wednesday
Investors Withdraw $370 Million From India-Focused Funds In May
The outflow from India-focused funds reached an alarming rate in May amid concerns about the sharp fall of the Indian rupee against the dollar and sluggish policy reforms from the government, according to a report.
Panetta Urges Deeper Military Ties Between U.S. And India, As Pakistan And China Watch Warily
We need to deepen our defense and security co-operation, and this is why I have come to India, Panetta said.
Service Sector Growth Teases Out Mixed Sentiment
The performance of the non-manufacturing sector against the backdrop of the release of the non-manufacturing (NMI) index.
Asian Shares Edge Up; All Eyes On Europe
Asian shares nudged up Wednesday but were capped by concerns that Europe's financial strains could intensify without a global response, as Spain warned that it was being shut out of credit markets.
Russia And China: Best Buddies Again?
Russia and China strengthen their geopolitical partnership ahead of a major meeting of Eurasia leaders. But rather than love, it may be just a marriage of convenience.
Europeans Flock To Buy New York Real Estate
With Europe in turmoil, the affluent French, British and their continental neighbors are flying to buy one of the world's most stable investments: Manhattan real estate.
Euro Crisis Forcing Central Bankers Outside Euro Zone Into Uncomfortable Stances
Massive movements of capital during the latest occurrences of the European financial crisis have forced central bankers into the role of circus contortionists: bending into positions in order to maintain their stated policy targets. And their antics are not being bought by all, with some wagering that these bankers' next attempts will result in a broken back or two.
China Services Activity Improved In May: HSBC PMI
China's services activity in May grew at the fastest rate in 19 months, according to the HSBC Purchasing Managers Index released Tuesday.
Jon Corzine May Face Lawsuit In MF Global Inquiry
Jon Corzine, the former chief of MF Global and governor of New Jersey, could be the target of a possible lawsuit linked to the brokerage's bankruptcy and disappearence of $1.6 billion in client funds.
Sneaking Your Money Across Borders: Capital Flight On The Rise
An increasing number of people are trying more ways to sneak money out of countries that are buckling under the weight of the world's almost daily financial crises.
Apple iOS 6 Features: Breaking Down The Rumors Before WWDC 2012
It's been almost eight months since Apple released iOS 5, the most comprehensive update to its mobile operating system for iPhone, iPad, and iPod Touch. Now, in the weeks leading up to Apple's 2012 Worldwide Developers Conference (WWDC), insiders believe Apple will again announce a major update to its mobile platform and unveil iOS 6.
Bill Maher Buys Minority Stake in New York Mets
A famous funny-man decided to buy a small stake in the New York Mets.
GM and Ford Pension Buyouts: Should You Take A Lump-sum Pension Buyout?
Last week thousands of retirees were suddenly faced by what for many would be the largest financial decision of their lives when both Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) announced they would launch immense pension buyout plans unprecedented in the United States.
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