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U.S. Stocks Join Slide (23 May 07:32 pm)

U.S. stocks joined a global selloff, opening lower as concerns that the Federal Reserve could tap the brakes on its stimulus measures were intensified by a weak report on Chinese manufacturing.

Samsung---Not All Androids Are Created Equal (23 May 07:15 pm)

Samsung is basking in its status as world smartphone champion, but it\'s a precarious perch: To keep rivals at bay, its phones must keep getting smarter.

U.S. Futures Join Global Slide (23 May 06:18 pm)

U.S. stock futures dropped, extending a global selloff, as worries that the Federal Reserve may soon be cutting back on asset purchases and surprisingly weak Chinese economic news rattled investors

China's Factory Activity Contracts (23 May 06:15 pm)

The preliminary HSBC China Manufacturing Purchasing Managers\' Index fell to a seven-month low of 49.6 in May, signaling a contraction in activity.

Global Market Rout Spreads (23 May 05:42 pm)

A 7.3% plunge in the Japanese stock market spilled into Europe, overshadowing moderately better economic data on the Continent. Futures suggested that a lower open in the U.S. looms.

Crown Sells 10% Stake in Echo Entertainment (23 May 05:04 pm)

Billionaire James Packer\'s Crown Ltd. has sold its 10% stake in rival casino operator Echo Entertainment Group for about $254 million, dousing speculation that it was preparing a takeover bid.

Sinopec Engineering's Debut Casts Doubts on HK IPO Revival (23 May 04:43 pm)

Shares in a Chinese engineering firm, fresh from raising $1.8 billion in Hong Kong\'s biggest initial public offering this year, closed a tad lower on their debut, casting doubt on a fledgling revival

Tokyo Leads Drop in Asian Stocks (23 May 04:23 pm)

Asian stock markets fell Thursday, with Japan\'s Nikkei index dropping the most in two years following a downbeat reading of Chinese manufacturing and signs that the U.S. Federal Reserve could pull

Reality Bites in Japan (23 May 03:45 pm)

Thursday\'s rout of Japanese stocks shows enthusiasm for Prime Minister Shinzo Abe\'s economic plan is brittle.

Futures Rattled by Fed, China Data (23 May 03:27 pm)

U.S. stock market futures fell sharply as fears over a tapering of the Federal Reserve\'s bond-buying program continued to play out.

India Plans Bangalore Technology Zone (23 May 02:34 pm)

India\'s cabinet will examine a proposal Thursday for a special investment region in the southern state of Karnataka for information technology, two senior officials said.

Singapore Posts Surprise Economic Growth (23 May 02:33 pm)

Singapore\'s economy took an unexpected turn higher in the first quarter of the year as a rally in financial markets buoyed the city-state\'s banking sector.

India Moving to Reduce Airport Fees (23 May 01:57 pm)

India\'s government is looking at reducing airport fees at smaller airports in a bid to boost its flagging domestic aviation industry.

European Markets Tumble (23 May 01:12 pm)

European assets opened sharply lower after evidence of a contraction in Chinese manufacturing and comments from Federal Reserve Chairman Ben Bernanke, who said the Fed could begin winding down its

Malaysia Arrests Activists (23 May 01:07 pm)

Malaysian authorities detained two antigovernment figures and charged a student activist with sedition Thursday, raising political tensions after recent national elections triggered claims of fraud.

Ford to End Australia Auto Production (23 May 12:39 pm)

Ford said it would stop producing cars in Australia in 2016, closing its two plants, which will result in 1,200 job losses.

Daiichi: Ranbaxy Shareholders Hid Information (23 May 12:37 pm)

Daiichi Sankyo claimed former shareholders at its unit Ranbaxy Laboratories hid information about a U.S. probe that ended with Ranbaxy earlier this month agreeing to pay a criminal fine for selling

Japanese Stocks Fall Sharply (23 May 12:33 pm)

Japanese stocks plunged, pushing the Nikkei stock index down 7.3% to notch its biggest loss since the earthquake and tsunami in March 2011.

Japan Moves to Rein In Government Bonds (23 May 12:28 pm)

The Bank of Japan responded to the recent turbulence in the Japanese government bond market, announcing a $19 billion fund-supplying operation after the 10-year JGB yield shot up to its highest level

Rupee Falls to Near Nine-Month Low (23 May 12:18 pm)

The U.S. dollar was at its highest for nearly nine months against the Indian rupee on suggestions the U.S. Federal Reserve could taper its economic stimulus.

Nikkei Drops 7.3% (23 May 11:55 am)

Tokyo stocks tumbled to their sharpest loss in over two years, losing 1,143.28 points, or 7.3%.

Chinese Research Institute Responds to Arrests (23 May 11:41 am)

A Chinese government-sponsored institute that U.S. prosecutors says was secretly given access to U.S.-funded research said it will \"take legal measures\" to protect its reputation.

Car Bomb Kills 12 in Pakistan (23 May 11:09 am)

A police officer said a car bomb in southwest Pakistan has killed 11 policemen and a civilian.

India Plans Special Technology Zone in Bangalore (23 May 10:43 am)

India\'s cabinet will examine a proposal Thursday for a special investment region in the southern state of Karnataka for information technology, two senior officials said.

India Shares Trade Lower (23 May 10:30 am)

Indian shares were lower early as engineering company Larsen & Toubro fell further on disappointing fourth-quarter results.