Hacker attack underlines Web role in China scandal

A massive hacker attack has crippled an overseas website that has reported extensively on China’s biggest political turmoil in years, underscoring the pivotal role the Internet has played in the unfolding scandal.
North Carolina-based Boxun.com was forced to move to a new web hosting service Friday after its previous host said the attacks were threatening its […]

BlackBerry

JAKARTA

Housing starts up in March with more condos, apartments

OTTAWA

Stocks nosedive as investors grow anxious

U.S. stocks dropped Wednesday, rebounding somewhat into the close, as investors grew increasingly anxious about what the markets might look like without additional stimulus from the Federal Reserve.
Some investors had been hoping the Fed would move toward another round of quantitative easing, but those prospects seemed less likely following Tuesday’s release of minutes from […]

Justices meet Friday to vote on health care case

While the rest of us have to wait until June, the justices of the Supreme Court will know the likely outcome of the historic health care case by the time they go home this weekend.
After months of anticipation, thousands of pages of briefs and more than six hours of arguments, the justices will vote on […]

Dubai shipbuilder turns to court on debt deal

Dubai’s shipyard operator DryDocks World has filed a claim with a special tribunal in the city-state as part of an effort to push forward its $2.2 billion debt restructuring.
Court records show the Dubai World Tribunal is scheduled to hear a case Monday filed by the company involving Decree No. 57, a law issued by Dubai’s […]

Fed balance sheet shrinks in latest week

Federal Reserve’s balance sheet contracted slightly in the latest week, Fed data released on Thursday showed.
The Fed’s balance sheet - a broad gauge of its lending to the financial system - stood at $2.861 trillion on March 28, down from $2.8756 trillion on March 21.
The Fed’s holdings of Treasuries totaled $1.665 trillion as of […]

Sun Life

The president and chief executive of Sun Life Financial Inc., Dean Connor, who took over the top job at the insurer in December, earned $5.1 million in total compensation last year.
According to Sun Life

Oil falls from close to 10-month high to near $107

Oil prices fell to near $107 a barrel Tuesday in Asia, slipping from close to 10-month highs ahead of new data on the U.S. economy.
Benchmark oil for April delivery was down 80 cents to $107.29 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose $1.03 […]

Iran rejects claims of cleaning up nuclear works

Iran on Tuesday rejected allegations it attempted to clean up radioactive traces possibly left by secret nuclear work at a key military site before granting U.N. inspectors permission to visit the facility.
Foreign Ministry spokesman Ramin Mehmanparast told reporters in Tehran that the allegations were misleading and false, and insisted that such traces could not be […]