China | MyFOX Spokane

Formation of Italian government shores up markets

Submitted by Fox First at Ten on April 29th

By PAN PYLASAP Business Writer LONDON (AP) - Italian financial assets were the big winners Monday at the start of an action-packed week in global markets, as investors cheered the news that a new government has been formed after two months of political deadlock. The formation of the country's

Pyongyang glitters, but rest of NKorea still dark

Submitted by Fox First at Ten on April 28th

By JEAN H. LEEAssociated Press PYONGYANG, North Korea (AP) - The heart of this city, once famous for its Dickensian darkness, now pulsates with neon. Glossy construction downtown has altered the Pyongyang skyline. Inside supermarkets where shopgirls wear French designer labels, people with money

Pyongyang glitters, but rest of NKorea still dark

Submitted by Fox First at Ten on April 28th

Lawmakers introduce tough NKorea sanctions bill

Submitted by Fox First at Ten on April 26th

By MATTHEW PENNINGTONAssociated Press WASHINGTON (AP) - Republican and Democratic lawmakers in the House are proposing to step up sanctions against North Korea by punishing companies, banks and governments that do prohibited business with it. The bill crafted by leaders of the House Foreign Affairs

Smartphones overtake 'dumb' phones worldwide

Submitted by Fox First at Ten on April 26th

By PETER SVENSSONAP Technology Writer NEW YORK (AP) - Research firm IDC said more smartphones than "dumb" phones are being made this year, a milestone in a shift that's putting computing power and Internet access in millions of hands worldwide. Manufacturers shipped 216 million smartphones

Stocks mostly lower on tepid US economic growth

Submitted by Fox First at Ten on April 26th

By STEVE ROTHWELLAP Markets Writer NEW YORK (AP) - Stock prices were mostly lower on Friday after several companies, including Amazon.com, released weak earnings and the government reported that the U.S. economy expanded at a slower rate than economists were expecting. The economy grew at an annual

Chevron profit down 4.5 pct. on lower oil prices

Submitted by Fox First at Ten on April 26th

By JONATHAN FAHEYAP Energy Writer NEW YORK (AP) - Chevron Corp.'s net income fell 4.5 percent in the first quarter as oil prices fell and refinery output declined. Chevron, the second largest U.S. oil company, has delivered better profit margins than the other energy majors in recent years

China's Baidu reports slower profit growth

Submitted by Fox First at Ten on April 26th

BEIJING (AP) - Baidu Inc., which operates China's most popular search engine, reported slower profit growth in its latest quarter Friday as costs rose sharply and competition for its new mobile service intensified. Earnings rose 8.5 percent from a year earlier to 2 billion yuan ($328.9 million

Military grooms new officers for war in cyberspace

Submitted by Fox First at Ten on April 26th

By DAN ELLIOTT and BRIAN WITTEAssociated Press AIR FORCE ACADEMY, Colo. (AP) - The U.S. service academies are ramping up efforts to groom a new breed of cyberspace warriors to confront increasing threats to the nation's military and civilian computer networks that control everything from

Military grooms new officers for war in cyberspace

Submitted by Fox First at Ten on April 26th