Feng Shui decides realtor’s fate
New York, Aug. 25: In July, Mr Michael Rudder, a broker at Time Equities, was nearing completion of a deal with a Chinese client to buy two floors of office condominiums at 131 West 33rd Street when t
China firms under US scanner
SHANGHAI, Aug. 23: Warning about a potential threat to national security, eight Republican lawmakers have asked the Obama administration to scrutinise a bid by one of the biggest corporations in China
Small investors flee markets
Aug. 22: Renewed economic uncertainty is testing Americans’ generation-long love affair with the stock market. Investors withdrew a staggering $33.12 billion from domestic stock market mutual funds in
‘Merchant of death’ to be sent to US
BANGKOK, Aug. 20: A court in Thailand on Friday ruled that Viktor Bout, accused of being one of the world's most prolific arms dealers, will be extradited to the United States, according to news repor
Genes of past pose a threat
Aug. 20: The human genome is riddled with dead genes, fossils of a sort, dating back hundreds of thousands of years — the genome’s equivalent of an attic full of useless junk.
Some of those genes, su
Shrinking ‘Quant’ funds fails to revive boom
NEW YORK, Aug. 20: Mr Theodore Aronson, a quant fund manager in Philadelphia, has seen his firm’s assets fall by $12 billion since spring 2007.
But after blundering through the financial panic, losi
China passes Japan as second-largest economy
Shanghai, After three decades of spectacular growth, China passed Japan in the second quarter to become the world’s second-largest economy behind the US, according to government figures released early
Petraeus not for rapid exit from Afghanistan
Kabul, Aug. 16: Gen. David H. Petraeus, the commander of American and Nato forces, began a campaign on Sunday to convince an increasingly sceptical public that the American-led coalition can still suc
Google Net plan draws strong protests
San Francisco, Aug. 16: On Friday at lunchtime, as Google employees dined al fresco, a hundred protesters descended on the company’s Silicon Valley campus. A group called the Raging Grannies sang a so
US on edge of double dip
New York, Aug. 15: Like a car spinning its wheels, the American economy hasn’t been getting much traction. Many financial indicators are issuing worrisome signals, millions of people are still out of