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Europe on journey to the unknown if Greece exits

As investors and European leaders big and small tot up the potential cost of Greece departing the euro, the European Union too stands perilously close to meltdown after six decades in the making.

 

Samsung's mobile chief says has options to settle war with Apple

Samsung Electronics' mobile division chief JK Shin said on Sunday the South Korean technology giant was still seeking to resolve differences in its international patent war with Apple Inc..

[ … ]
   

Home prices fall in 60% of big Chinese cities

Prices for new homes in China fell in more than 60 percent of major cities in April from March, the government said Friday, as moves to curb the property market took effect.

   

Greek euro exit looms as G8 gathers

World leaders will huddle at Camp David Friday with the focus on Greece as it stumbles toward an unprecedented eurozone exit that holds wildly uncertain repercussions for the global economy. [ … ]

   

Investors brace for Facebook debut on Wall Street

Investors are bracing for Facebook's Wall Street debut on Friday after the world's No.1 online social network raised about US$16 billion in one of the biggest initial public offerings in U.S [ … ]

   

Singapore keeps growth forecast amid eurozone woes

Singapore on Thursday stuck to its economic growth projections of 1.0-3.0 percent for 2012 but warned there was a chance of a "disorderly sovereign debt default" in the eurozone that could h [ … ]

   

Growth figures show Japan on recovery track

Japan's economy grew by a faster-than-expected 1.0 percent in the three months to March, official figures showed Thursday, as rising domestic demand and a boost in exports kept it on the rec [ … ]

   

Apple readies iPhone with bigger screen: sources

Apple Inc plans to use a larger screen on the next-generation iPhone and has begun to place orders for the new displays from suppliers in South Korea and Japan, people familiar with the situ [ … ]

   

Facebook boosts IPO size by 25 percent, could top $16 billion

Facebook Inc increased the size of its initial public offering by almost 25 percent, and could raise as much as $16 billion (10 billion pounds) as strong investor demand for a share of the N [ … ]

   

World Bank agrees $2 bn loan for Indonesia

The World Bank on Tuesday announced it was ready to provide Indonesia with a $2 billion loan, a backstop against any future financial shocks in one of Asia's fastest growing economies.

   

Concerned about a euro exit, Greeks pull funds from banks

Greece's president spoke of "fear that could develop into panic" at the country's banks in the weeks before fresh elections that could precipitate Athens exit from the euro zone.

   

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