Japanese stocks plunge 7.3 per cent on bond yields, weak China data
Gov't probe faults poor quality construction materials for deadly Bangladesh building collapse
DHAKA, Bangladesh - A government investigation found that "extremely" poor quality construction materials and a series of violations caused the collapse of a garment factory building in Bangladesh that has been called the worst garment-industry disaster in history, the committee head said Thursday.
UN forecasts slow global growth in 2013; austerity hurts Europe, US spending cuts a risk
Global economic growth is projected to gain slow momentum for the rest of the year, a United Nations economic forecast said Thursday.
In low interest rate environment, home affordability remains stable: RBC
OTTAWA - A new analysis from the Royal Bank (TX:RY) finds home ownership in Canada remains largely affordable, even if there are signs of mild financial stress among indebted families.
Hobby Lobby appeal tests limits of federal birth-control coverage mandate
DENVER - Contraception coverage by for-profit companies faces a prominent test in Denver.
IMF chief Lagarde appears in court in French fraud probe over arbitration deal
PARIS - International Monetary Fund chief Christine Lagarde has appeared at a special Paris court to face questioning over a controversial arbitrage deal that she oversaw as French finance minister.
House set to OK pegging student loan rates to financial markets despite a veto threat
WASHINGTON - House lawmakers are ready to pass legislation that links student loan rates to the financial markets in spite of a veto threat from President Barack Obama.
Canadian Press
Obama approval ratings remain steady, riding through the ups and downs of economy, controversy
WASHINGTON - The economy is recovering, the White House is dealing with multiple controversies, and President Barack Obama appears generally unaffected either way.
Lenovo quarterly profit rises 90 per cent as smartphone, mobile computer business expands
BEIJING, China - Computer maker Lenovo Group said Thursday its latest quarterly profit rose 90 per cent as sales of smartphones and mobile computing technology expanded.
Japan government bond yields jump following Fed comments, adding to jitters over growing debt
TOKYO - Yields on 10-year Japanese government bonds briefly topped 1 per cent for the first time in a year on Thursday, unnerving some investors at a time when Japan's already overburdened government finances are vulnerable to rises in interest rates. Japanese shares fell sharply.
FBI: Man killed had become violent during questioning on Boston bombing
WASHINGTON - Man shot dead in Florida had become violent during questioning in Boston bombing case: FBI.
UK emergency response committee meets after man butchered in daylight attack in London
LONDON - The British government's emergency committee is going to meet after two attackers butchered a man in a brutal daylight attack in London amid fears that terrorism has returned to the capital.
Youth in Stockholm burn down restaurant, torch more than 30 cars in 4th night of rioting
STOCKHOLM - Groups of youth have burnt down a restaurant, torched more than 30 cars and injured three police in a fourth night of riots in suburbs of the Swedish capital that started following a fatal police shooting.
Polish man gets quick face transplant in what doctors say was life-saving decision
WARSAW, Poland - A 33-year-old Polish man received a face transplant just three weeks after being disfigured in a workplace accident, in what his doctors said Wednesday is the fastest time frame to date for such an operation. It was Poland's first face transplant.
Canadian father of 'hatchet hitchhiker' stands by son in NJ homicide case
NEWARK, N.J. - He was a gregarious, spontaneous child, his father said, a handful at times who loved music and playing the guitar.
