China

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Google says it will shut China music service

Google says it will shut China music service
By JOE McDONALDAP Business Writer BEIJING (AP) - Google Inc. said Friday it will close a music download service in China, further reducing its presence in the world's most populous Internet market two years after the company closed its mainland search engine in a dispute over censorship and

Honda aims to double global auto sales in 5 years

Honda aims to double global auto sales in 5 years
By YURI KAGEYAMAAP Business Writer TOKYO (AP) - Honda is aiming to double its global auto sales to more than 6 million vehicles over the next five years as the Japanese automaker gears up for ambitious growth after bouncing back from last year's disasters. "We have now reached the stage of

iPhone 5 launch draws Apple fans worldwide

iPhone 5 launch draws Apple fans worldwide
By KELVIN CHANAP Business Writer In a now familiar global ritual, Apple fans jammed shops across the globe to pick up the tech juggernaut's latest iPhone. Eager buyers formed long lines Friday at Apple Inc. stores in Asia, Europe and North America to be the first to get their hands on the

iPhone 5 launch draws Apple fans worldwide

iPhone 5 launch draws Apple fans worldwide
By KELVIN CHANAP Business Writer In a now familiar global ritual, Apple fans jammed shops across the globe to pick up the tech juggernaut's latest iPhone. Eager buyers formed long lines Friday at Apple Inc. stores in Asia, Europe and North America to be the first to get their hands on the

West accuses Iran of shipping arms to Syria

West accuses Iran of shipping arms to Syria
By EDITH M. LEDERERAssociated Press UNITED NATIONS (AP) - The four Western powers trying to rein in Iran's nuclear program accused Tehran on Thursday of shipping arms to Syria in violation of U.N. sanctions and ignoring demands to open key nuclear facilities to U.N. inspectors. The United

How the major US stock indexes fared on Thursday

How the major US stock indexes fared on Thursday
By The Associated Press A batch of worrying economic figures tugged stock markets slightly lower Thursday. Measures of manufacturing and business activity in both China and Europe slumped. In the U.S., the railroad Norfolk Southern warned that it's shipping fewer goods, and the government

US to reinstate New Zealand military ship visits

US to reinstate New Zealand military ship visits
By LOLITA C. BALDORAssociated Press AUCKLAND, New Zealand (AP) - After a 25-year ban, America will begin allowing Royal New Zealand Navy ships to visit U.S. military and Coast Guard facilities around the world, U.S. Defense Secretary Leon Panetta said Friday. He said a policy change will allow

US Treasurys flat as stocks barely budge

US Treasurys flat as stocks barely budge
By The Associated Press U.S. Treasury prices finished the day little changed Thursday as discouraging economic news keeps stocks stuck in neutral. Measures of manufacturing and business activity slumped in both China and Europe Thursday. Railroad Norfolk Southern warned that it's shipping

Beans, metals fall on worries about China slowdown

Beans, metals fall on worries about China slowdown
By SANDY SHOREAP Business Writer More signs of slower economic growth in China are creating worries that the world's second-largest economy may curb its huge appetite for commodities. HSBC Corp. said Thursday that a preliminary survey of purchasing managers showed China's manufacturing

News Summary: Beans, metals fall on growth worries

News Summary: Beans, metals fall on growth worries
By The Associated Press ECONOMIC WOES: Prices for soybeans and industrial metals fell Thursday on reports that China's manufacturing sector continued to slow last month. A separate survey concluded that Europe appears headed for a deepening recession. APPETITE SUPPRESSANT?: China, the world