China manufacturing on the mend, HSBC survey shows

China's manufacturing activity slowed less quickly in April than the previous month, a preliminary HSBC survey has showed. The HSBC Purchasing Manager's Index (PMI) rose to 49.1 from 48.3 in March easing concerns of a sharp slowdown in China's…

Hong Kong fines brokerage firm for inadequate diligence

Hong Kong's securities regulator has fined a brokerage firm and revoked its corporate finance licence as it seeks to implement tighter control over share sales. Mega Capital (Asia) has been fined HK$42m ($5.4m; £3.4m) for "inadequate and…

George Zimmerman released on bail ahead of Trayvon trial

George Zimmerman has been released from prison on bail as he awaits trial for the killing of Trayvon Martin. The neighbourhood watch volunteer left the Seminole County jail late Sunday night on a $150,000 (£93,000) bond. He is set to go on trial on…

Afghanistan, US Finalize Strategic Partnership Agreement

Afghanistan and the United States have finalized the initial draft of a strategic partnership agreement outlining their relationship following the 2014 withdrawal of Western combat troops from the country. No details were released about the…

Hollande Emerges as Frontrunner in French Presidential Election

Socialist Francois Hollande has emerged as the frontrunner in France's presidential election after beating incumbent Nicolas Sarkozy in Sunday's first round. First official results give Hollande 29 percent of the vote and the conservative Mr.…

China, Russia Launch Joint Naval Exercises

China and Russia launched joint naval exercises Sunday in the Yellow Sea between the east coast of mainland China and the Korean peninsula. Chinese state media report that 16 Chinese surface vessels and two submarines, as well as four Russian…

Justin Bieber Seen Ring Shopping With Selena Gomez

Are Justin Bieber and Selena Gomez planning for their engagement? The latest rumors hitting the teen couple indeed suggested there could be such possibility. The Chicago Sun-Times has just come out with the claim that the twosome have been spotted…

US charges British twins over $1.2m ‘stock robot’ fraud

Twin brothers from England face US civil charges for allegedly defrauding investors out of $1.2m (£745,000) through a bogus stock-picking robot. Alexander and Thomas Hunter, of Whitley Bay, North Tyneside, were aged 16 when, in 2007, they devised…

Marc Anthony seeks out JLO ex husband

Trying to win a joint custody of his four-year-old twins with Jennifer Lopez, Marc Anthony reportedly has reached out to Lopez's first husband Ojani Noa through his lawyer. Anthony is investigating whether there was a case of infidelity during their…

Studios lose landmark anti-piracy suit in Australia

Major film and television studios have lost a landmark case over illegal video downloads in Australia. The High Court upheld a previous ruling that internet service provider (ISP) iiNet did not authorise copyright infringement among its customers.…