Global Markets

Japanese stocks rallied during the week

Asian Markets Weekly Update: Broad Gains in Asia While Nikkei Breaches 15,000 Mark

The US dollar hit a new high versus the yen at the end of the week, its highest since October 2008.

Saturday, May 18, 2013 by m rochan

Petrofac makes a good start to the year

Petrofac Expects Modest Growth as Algeria Gas Revival Deferred

The company's order backlog has risen to an all time high of $12.1bn as of 30, April.

Friday, May 17, 2013 by m rochan

Maersk Line turns around

Maersk Profit Beats Estimates on Higher Freight Rates

Maersk Line reports a profit of $204m in the first quarter as against a loss of $599m, a year ago.

Friday, May 17, 2013 by m rochan

US Stock Market

Australian Stock Market Report – Afternoon 5/17/13

The Australian market not only held onto its gains but extended them further this afternoon. The ASX200 Index jumped by 0.3 per cent, making it three stronger sessions this week. Despite the rise, local shares slipped by 0.5 per cent over the past five sessions. This makes it the first week of losses in a month.

Friday, May 17, 2013 by Steven Daghlian, CommSec Market Analyst

Italy could head for elections soon

European Markets Open Lower on Wall Street Cues

Investors cautious as US Federal Reserve hints at exit from the bond-buying programme.

Friday, May 17, 2013 by m rochan

US

Justin Bieber faces bill for monkey’s upkeep in Germany

Germany Hands Justin Bieber Hefty Bill for Monkey Business

Pop heartthrob Justin Bieber is being pursued for thousands of pounds towards the cost of looking after a capuchin monkey he abandoned in Germany.

Saturday, May 18, 2013 by Fiona Keating

Snapshot from Mop

Elisa Lam Death: Did Someone Know of Body in Cecil Hotel’s Water Tank? [VIDEOS]

A post on a Chinese social networking Web site shows this post: "Elisa lam is in hotel water tank...

Saturday, May 18, 2013 by Drishya Nair

Train crash in Connecticut

Connecticut: 60 Injured in Head-On Train Smash

Five people are in a critical condition following a collision between two rush-hour passenger trains in Connecticut, USA.

Saturday, May 18, 2013 by Tom Porter

Russia's missile shipment to Syria

US Raps Russia for Syria Arms Deal as Row Looms over CIA

US criticises missile shipment as Russia's FSB risks diplomatic spat by revealing name of alleged CIA spy operating in Moscow.

Saturday, May 18, 2013 by Vasudevan Sridharan

Toru Hashimoto

‘US Troops Used Japanese Sex Slaves Too,’ says Osaka Mayor Hashimoto

Nationalist Japan Restoration Party co-head Toru Hashimoto fuels international row over 'comfort women' in WWII.

Friday, May 17, 2013 by Umberto Bacchi

World

Lord Feldman

Downing Street at War with Press over 'Swivel-Eyed Loons' Jibe

The hunt for the politician who called Tory activists 'swivel-eyed loons' continues after Lord Feldman issues categorical denial.

Saturday, May 18, 2013 by Timur Moon

A model wearing Google Glass

Congress Demands Answers on Google Glass Privacy

Congressman have asked Google how it will protect the privacy of users and non-users ahead of the much-hyped launched of the smart glasses.

Saturday, May 18, 2013 by Tom Porter

The humble honeybee is touted as the secret weapon in the search for unexploded landmines

Honey Bees are Secret Weapon in Search for Croatian Landmines

Scientists in Croatia say bees can use their perfect sense of smell to detect explosives and save lives.

Saturday, May 18, 2013 by Fiona Keating

Keith Campbell

Dolly the Sheep Creator Keith Campbell Hanged Himself in Drunken Row with Wife: Inquest

Coroner records death of pioneering biologist as one of misadventure, not suicide.

Saturday, May 18, 2013 by Timur Moon

Smuggler delivering KFC through a Gazan underground tunnel

KFC Takeaway Meals Smuggled into Gaza Via Tunnels [VIDEO]

Demand is booming in Gaza for a new service smuggling Kentucky Fried Chicken over the border from Egypt, with deliveries taking about a day.

Saturday, May 18, 2013 by Tom Porter

Economy

Beijing

China April Housing Inflation Accelerates Despite Property Curbs

China's property tightening policies are not strictly enforced on the local level, feel analysts.

Saturday, May 18, 2013 by Geetha Pillai

MArk Carney

Mark Carney's Bank of England 'More Independent than Under Mervyn King'

Amit Kara, UBS European economist, tells IBTimes UK about BoE's future under Mark Carney.

Friday, May 17, 2013 by Shane Croucher

Mark Carney

BBA's Simon Hills: Mark Carney Should Stop BoE's Gilt Purchases

British Bankers' Association's executive director says that Carney should buy "real economy assets," such as securitised SME loans.

Friday, May 17, 2013 by Shane Croucher

Mark Carney

Mark Carney 'will Start BoE Governorship with Mistakes'

UBS economist Amit Kara tells ACCA debate that Mark Carney's Bank of England will get off to bad start in July.

Friday, May 17, 2013 by Shane Croucher

Car sales

European Car Sales Rise in April on Strong British Demand

Car sales in the UK improved 14.8% in April.

Friday, May 17, 2013 by Jerin Mathew

Companies

Skoda To Discontinue Fabia Hatchback in India

Czech car maker Skoda Auto India is reportedly planning to stop its hatchback Fabia in India.

Saturday, May 18, 2013 by IBTimes Staff Reporter

Sony Xperia Z and Xperia Tablet Z

Sony Xperia UL Aka Gaga Leaked Online Again, May Come With Quad-Core Snapdragon 600

Japanese electronics giant Sony seemed to have many smartphones in its pipeline. Following the success of its Xperia Z, the company is expanding its Xperia series portfolio with the similar kind of smartphones.

Saturday, May 18, 2013 by IBTimes Staff Reporter

Huawei

European Union Accuses China's Huawei and ZTE of Violating Trade Policies

The EU is planning to launch a formal investigation against Huawei and ZTE.

Saturday, May 18, 2013 by Jerin Mathew

ZTE makes patent royalty deal with Microsoft

ZTE Forays into Indian Smartphone and Tablet Market, to Launch 5 Handsets by October

Chinese smartphone maker ZTE on Friday announced that the company would make its Indian open market debut this year with the launch of five smartphones ranging from ₹ 5,799 to ₹ 14,999.

Saturday, May 18, 2013 by IBTimes Staff Reporter

Yahoo

Tumblr May Reject Yahoo's $1.1bn Bid in Hopes for Better Deals

Tumblr feels the offer as "too low" and views it as "only a first offer".

Saturday, May 18, 2013 by Jerin Mathew

Tech

A model wearing Google Glass

Congress Demands Answers on Google Glass Privacy

Congressman have asked Google how it will protect the privacy of users and non-users ahead of the much-hyped launched of the smart glasses.

Saturday, May 18, 2013 by Tom Porter

Google's wearable Glass gadget: cool or creepy?

Google staged four discussions expounding on the finer points of its "Glass" wearable computer during this week's developer conference. Missing from the agenda, however, was a session on etiquette when using the recording-capable gadget, which some attendees faithfully wore everywhere - including to the crowded bathrooms.

Saturday, May 18, 2013 by Alexei Oreskovic

New Xbox more than a game console for Microsoft

Microsoft Corp is set to make a splash this week with the eagerly awaited unveiling of its new Xbox game console, eight years after the last version, as it seeks a larger share of the $65 billion a year global computer gaming industry.

Saturday, May 18, 2013 by Malathi Nayak and Bill Rigby

Galaxy S Advance GT-I9070P

Galaxy S Advance GT-I9070P Gets Android 4.1.2 DXAME1 Jelly Bean OTA Update [Manually Install]

Step-by-step guide to install Android 4.1.2 DXAME1 Jelly Bean OTA update on Galaxy S Advance GT-I9070P.

Saturday, May 18, 2013 by Vinod Yalburgi

Samsung Galaxy S Advance

Root Samsung Galaxy S Advance GT-I9070 on Android 4.1.2 DXAMD1 Jelly Bean [GUIDE]

Step-by-step guide to root Samsung Galaxy S Advance on Android 4.1.2 DXAMD1 Jelly Bean.

Saturday, May 18, 2013 by Sarmistha Acharya

Forex

AUD/USD Forecast 20 May 13

Simultaneous Release at TheGeekKnows.com Learn Forex Trading and read exclusive EUR/USD Forecast and AUD/USD Forecast Reviews. Good day forex traders and readers. In the previous AUD/USD forecast we noted ongoing bearish pressure. A bearish target would be 0. Resilience of the Australian economy might be weakening.

Saturday, May 18, 2013 by ltan

EURUSD Daily Forecast: May 17

EURUSD Forecast     The EURUSD was indecisive yesterday formed a Doji on daily chart but overall still able to maintain is bearish bias.  The appearance of a Doji after a bullish run could signal a bullish correction or at least a sideways condition but nearest term bias remains bearish.

Friday, May 17, 2013 by swibowo

GBPUSD Daily Forecast: May 17

GBPUSD Forecast The GBPUSD was corrected higher yesterday topped at 1.5319 but whipsawed to the downside and hit 1.5228 earlier today. The bias remains bearish in nearest term testing 1.5200 – 1.5150 area. Immediate resistance is seen around 1.5285.

Friday, May 17, 2013 by swibowo

USDJPY Daily Forecast: May 17

USDJPY Forecast The USDJPY had another indecisive movement yesterday formed another Doji on daily chart. Price traded higher earlier today hit 102.62, turn my nearest term bias back to a bullish mode but note that we need a clear break above 102.75 to continue the bullish scenario. Immediate support is seen around 102.00.

Friday, May 17, 2013 by swibowo

USDCHF Daily Forecast: May 17

USDCHF Forecast The USDCHF had another volatile but indecisive movement yesterday. The bias is neutral in nearest term probably with a little bullish bias testing 0.9700 but need a clear break above 0.9747 to continue the major bullish scenario. Immediate support is seen around 0.9630.

Friday, May 17, 2013 by swibowo

Education

Student loan default rate rising

The Department of Education (DoE) said that default on student loans climbed to 7.0 percent in fiscal 2008, up from 6.7 percent in the prior fiscal year - yet another manifestation of the sluggish economy and bleak jobs market.

Friday, September 17, 2010 by Palash R. Ghosh

China sends more students to US B schools than India this year

Big brother China has beaten India for the first time in the number of students to US management schools.

Friday, September 17, 2010

US universities attract fewer students

The share of foreign students coming to the United States has been going down every year since 2000, shows a study released by an international body comprising the developed nations of the world.

Friday, September 17, 2010

Recession makes more people take up higher studies

If there is one single benefit to the US due to the recession, it is that more people are studying in colleges than ever.

Thursday, September 16, 2010

Bonus Points: Setting Targets for CFO Compensation in Times of Crisis

The recession has caused all sorts of difficulties for CFOs: falling earnings, tumbling stock prices and, occasionally, knotty negotiations with lenders.

Tuesday, September 14, 2010

Auto

Fisker to Debut Karma Hybrid at 2010 Paris Motor Show

Irvine, California-based Fisker Automotive will debut the first factory-built Karma at the upcoming 2010 Paris Motor Show this October.

Friday, October 01, 2010

BMW recalls 350,000 cars, including Rolls-Royces

BMW is voluntarily recalling 350,000 cars worldwide due to a possible brake problems that the world's biggest premium carmaker said have not caused any accidents.

Friday, October 01, 2010

GM posts gain amid still-slow auto market

General Motors Co posted an annual sales gain of 10.5 percent in September amid evidence that the U.S. auto market remained stuck in a slow-moving recovery at the start of the fourth quarter.

Friday, October 01, 2010

Electric cars arrive while posing test for grids

Top automakers finally have electric cars ready to purr into dealer showrooms. Now the question is whether the charging infrastructure and electricity supply are up to the task.

Friday, October 01, 2010

Luxury carmakers return to records of old

Europe's luxury carmakers fear no double-dip thanks to a fresh supply of wealthy customers in emerging markets who have just earned enough money to buy their first Mercedes-Benz or Ferrari.

Friday, October 01, 2010

Jobs

Monster US online jobs index rises to 138 in September

A monthly gauge of online labor demand in the United States edged up in September from a month ago and was 16 percent above the reading from a year ago.

Thursday, October 07, 2010

Private sector job cuts raise Fed easing chance

U.S. private employers unexpectedly shed jobs in September, reinforcing the belief that the U.S. Federal Reserve will embark on another round of monetary policy stimulus to support the economic recovery as early as next month.

Wednesday, October 06, 2010

Private sector sheds 39,000 jobs in Sept

Private employers unexpectedly cut 39,000 jobs in September after adding an upwardly revised 10,000 jobs in August, a report by a payrolls processor showed on Wednesday.

Wednesday, October 06, 2010

Prices gain on unexpected private jobs decline

U.S. Treasury debt prices climbed on Wednesday, pushing benchmark note yields to the lowest since January 2009, after ADP Employer Services said private payrolls unexpectedly contracted in September.

Wednesday, October 06, 2010

Meet Claudia! Objective: Make a successful career change from teaching into counseling.

The best part of my job is reuniting candidates with their self-confidence. In today's job market I know it is so difficult to remain positive and to not take rejection personally.

Tuesday, October 05, 2010 by Samantha Nolan

Health

Morning sickness may signal healthier pregnancy

New research confirms that women plagued by morning sickness in early pregnancy are less likely to miscarry.

Thursday, October 07, 2010

Nobel-winning work is matchmaker for molecules

The three winners of this year's Nobel Prize for Chemistry all developed new ways to make carbon atoms stick to one another -- a mundane-sounding process that in fact underlies the very basis of life.

Thursday, October 07, 2010

FDA to push for more investment in science

Health regulators plan to spend millions of dollars to step up their scientific prowess in a move that officials say will help quickly get new treatments to patients and protect the public against possible health threats.

Thursday, October 07, 2010

How Republicans could block healthcare reform

Republicans could keep their promises to stop healthcare reform even if they cannot repeal it, simply by blocking legislation needed to pay for it, one expert argued on Wednesday.

Thursday, October 07, 2010

Poor healthcare may shorten American lives: study

Americans die sooner than citizens of a dozen other developed nations and the usual suspects -- obesity, traffic accidents and a high murder rate -- are not to blame, researchers reported on Thursday.

Thursday, October 07, 2010

Travel

Queenstown’s romantic-adventure band-wagon

I battle desperately not to climb aboard Queenstown's romantic-adventure band-wagon; but I fail miserably.

Monday, September 27, 2010 by Kip Brook

Historic Pera Palace Hotel in Turkey opens for business

After two and a half years of renovation costing $ 29 million, the five star luxury hotel Pera Palace in Istanbul Turkey opened its doors to guests.

Friday, September 24, 2010

Camper & Nicholsons (CNI) offers yacht-charter to cruise the Indian Ocean

Even as your contemporaries sail to the Caribbean to celebrate to Christmas, you take a different course.

Thursday, September 23, 2010

Mahe

The largest of the Seychelles archipelago, Mahe is an African island rich with hidden treasures.

Wednesday, September 22, 2010

Fly to space with Boeing in 2015

You just have wait till 2015 for a trip into the space, as US aerospace giant Boeing and Space Adventure have tied up to put tourists into low-level orbit in a futuristic capsule.

Wednesday, September 22, 2010

Fashion & Life

Ugg Australia: Comfortable Fall Fashion Trends

Uggs Australia get a lot of grief in the fashion world, but they're undeniably comfortable and now they're more fashionable as well.

Wednesday, September 29, 2010 by Carly Zinderman

Keira Knightley Stars in New Chanel Campaign

Stunning actress Keira Knightley turned heads in Paris the other day while filming a sexy new ad campaign for Chanel.

Monday, September 27, 2010

A romantic evening for Katie Holmes in Jason Wu

Katie Holmes and Tom Cruise got cozy at the premiere for 'The Romantics' in New York City and we were on hand to report on Katie's latest style antics.

Monday, September 27, 2010

Kalamazoo's Outdoor Kitchen is Cutting-Edge Cookery

Those wanting to up the ante on their backyard "stay-cation" and holiday hospitality should consider Kalamazoo Outdoor Gourmet's extravagant outdoor kitchen, which is more like an outdoor cooking "resort.

Monday, September 27, 2010 by Merilee Kern

Emerald Jet Charter Expands with Helicopter Travel

Emerald Jet Charter announced that it now is offering helicopter travel along with chartering private business jets.

Monday, September 27, 2010 by James Rothaar