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Which Country Has The Healthiest Financial System? Hint: It’s in Asia
Hong Kong has edged out the United States and the United Kingdom, for the first time, to come out tops in the World Economic Forum’s Financial Development Index. According...
Facebook Targets Mobile Ads By March 2012
Facebook will launch its mobile advertising unit by March next year, giving the social media giant a new revenue source ahead of its upcoming IPO, said sources close to...
Microsoft Co-Founder Plans $200 Million Private Spaceflight Venture
Microsoft co-founder Paul Allen has announced plans to build the world’s largest aircraft, which will serve as a mobile mid-air platform to launch satellites and rocket ships into space....
US-Pakistan Diplomatic Crisis Deepens With Mutually Imposed Financial Penalties
Diplomatic tensions between the US and Pakistan are expected to reach an all-time high after a US Congressional Panel decided to freeze $700 million in aid to the Pakistani...
Infographic: America’s Federal Budget & Debt Burden In 2011
The Congressional Budget Office (CBO), a non-partisan federal agency within the legislative branch of the US government, recently released an infographic detailing the US's federal budget and debt burden through...
Morgan Stanley Thwarted In Attempt To Block Singapore Lawsuits
A US district judge in New York has blocked an attempt by Morgan Stanley to seek a Singapore High Court order that would have prevented Singaporean investors from suing...
You Can Now Buy A Mini Cooper While Flying Onboard This Latvian Airline
Passengers onboard any airBaltic flight will be able to purchase a specially designed Mini Cooper R56 during their next flight with the Latvian airline, after the company announced on...
Intel Blames Thai Floods For $1 Billion Cut In Revenue Forecast
Computing giant Intel Corp has lowered its 4th quarter forecast for this year by $1 billion, citing the devastating floods in Thailand as the reason for a worldwide shortage...
Christmas Spending To Send 1 in 3 Britons Into Debt
One in three Britons will fall into debt while buying Christmas presents for their friends and relatives this holiday season, according to survey results published by research and consulting...
Italy Wants To Tax The Catholic Church Amidst Austerity Drive
The Catholic Church in Italy could soon be forced to pay property taxes to the government, after intense pressure from Italy’s left wing parties called for the country’s newly...


