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Index of air quality in the world's major cities: May 24

Thu, 24 May 2012 17:18:44 +0800

Daily air quality index of some of the world's major cities on May 24, using data from AirNow, CITEAIR, and the American Embassy in Beijing.

German business confidence 'slumps'

Thu, 24 May 2012 16:57:55 +0800

Business confidence in Germany dropped to a six-month low in May, as companies grow increasingly pessimistic in the face of a resurgence in the long-running eurozone debt crisis, data showed Thursday.

EU vows to keep Greece in the fold but plans for exit

Thu, 24 May 2012 16:21:47 +0800

European Union leaders pledged support for Greece on Thursday, vowing to keep the debt-wracked country in the eurozone as officials prepared behind the scenes for a possible doomsday scenario of exit.

RUBBER-Tokyo futures touch 4-mth low as Europe worries persist

Thu, 24 May 2012 16:16:22 +0800

BANGKOK, May 24 (Reuters) - Tokyo rubber futures brieflyslid almost 4 percent to revisit a four-month low on Thursday onworries Europe's debt crisis could hurt demand, but the markettrimmed some losses by the close as limited supply in thephysical market lent support. The benchmark rubber contract on the Tokyo CommodityExchange fell 4.6 yen, or 1.7 percent, to settle at265.0 yen ($3.34) per kg. It earlier fell as low as 3.9 percent to 259.1 yen, itslowest since Jan. 5. ...

Anti-African street violence surges in Israel

Thu, 24 May 2012 15:41:45 +0800

JERUSALEM (Reuters) - Surging street violence against African migrants, including a rampage that an Israeli broadcaster dubbed a "pogrom", drew empathy for the rioters from the interior minister on Thursday. Waving Israeli flags and chanting "Deport the Sudanese", residents of a low-income Tel Aviv neighbourhood where many of the border-jumpers from Eritrea, Sudan and South Sudan live held a march late Wednesday that turned violent. Police said 20 people were arrested for assault and vandalism. ...

Alec Baldwin ‘ready to wed’

Thu, 24 May 2012 08:30:00 +0800

Alec Baldwin is reportedly planning to marry Hilaria Thomas after the Cannes Film Festival closes on Sunday.

The Eurovision song contest

Thu, 24 May 2012 00:00:12 +0800

Key facts about the Eurovision Song Contest, which takes place this week on the shores of the Caspian Sea in Baku, capital of Azerbaijan.

Exports, consumer demand fuel German growth

Thu, 24 May 2012 15:08:18 +0800

Strong exports and consumer demand helped the German economy, Europe's biggest, steer clear of recession in the first three months of this year, official data showed on Thursday.

Rio Tinto chief dismisses China 'doom'

Thu, 24 May 2012 15:01:41 +0800

Global mining giant Rio Tinto said it was not worried by talk of China's economy slowing and would press ahead with plans to expand its iron ore business, saying signs were robust on the ground.

Turkey struggles to preserve childhood cartoon

Thu, 24 May 2012 14:19:15 +0800

If you mess up in Turkey, a common way to laugh it off is to invoke Cin Ali, the squiggly stick figure in a cap whose benign adventures in picture books helped a generation of Turks learn to read.

China manufacturing slows: HSBC

Thu, 24 May 2012 13:46:58 +0800

Chinese manufacturing contracted in May for the seventh consecutive month as exports deteriorated, British banking giant HSBC said, arguing the data showed the need for more policy easing.

Suu Kyi to make landmark foreign trip next week

Thu, 24 May 2012 13:12:11 +0800

Myanmar pro-democracy leader Aung San Suu Kyi will travel overseas next week for the first time in more than two decades to attend an economic forum in Bangkok, according to her party.

New Zealand curbs spending in quest for surplus

Thu, 24 May 2012 13:01:08 +0800

New Zealand said it would contain spending to try to put the government's books back in the black within three years, while also fostering growth in the struggling economy.

'Diablo III': 3.5 million sold on first day, 6.3m in first week

Thu, 24 May 2012 00:35:24 +0800

Diablo III has become the fastest-selling computer game in history, says developer Blizzard Entertainment, with 3.5 million copies shifted during the well-anticipated title's first 24 hours of availability.

Singapore startup Viki aims to take local TV global

Thu, 24 May 2012 11:59:51 +0800

SINGAPORE, May 24 (Reuters) - Who would want to watch aSouth Korean soap that was a flop back home? Lots of people, it turns out - something thatSingapore-based startup Viki feels vindicates its businessmodel: an ad-supported streaming TV and movie site where unpaidfans add the foreign subtitles. "We call it content arbitrage," said Razmig Hovaghimian,Viki CEO and co-founder. "Ninety percent of content is trappedwithin borders. We're taking things that aren't travelling andmaking them go places. ...