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  1. Chuck Berry, Peter Sellars to receive Polar Music Prizes

    by , 05-10-2014 at 04:14 AM
    Chuck Berry, Peter Sellars to receive Polar Music Prizes

    The Polar Music Prize, music's equivalent of the Nobel Prize, will go to two Americans this year: rock 'n' roll icon Chuck Berry and theater/opera director Peter Sellars.

    Both laureates will be presented with the awards by King Carl XVI of Sweden at a gala Aug. 26 in Stockholm.

    The world's most prestigious music prize was founded 25 years ago by Stig "Stikkan" Anderson, ABBA's publisher, lyricist and ...
  2. As Alibaba Prepares for IPO, Tech Stocks Retreat

    by , 05-09-2014 at 03:53 PM
    As Alibaba Prepares for IPO, Tech Stocks Retreat

    It's a tough time for a tech debut.

    As e-commerce giant Alibaba gets ready for a blockbuster stock sale in the next few months, technology shares are retreating. For two years, investors bid up biotechnology and internet companies, enticed by their strong growth prospects in an otherwise weak U.S. recovery. But they have sold off those stocks since late February, realizing they can find better value elsewhere. So-called ...
  3. Chinese CPI dropped below 2% - Danske Bank

    by , 05-09-2014 at 02:35 PM
    Chinese CPI dropped below 2% - Danske Bank

    Analyst Anders Fischer at Danske Bank noted the sharp drop of Chinese consumer prices during April.

    Key Quotes

    “In China consumer price inflation in April dropped markedly to 1.8% y/y (consensus: 2.1% y/y) from 2.4% y/y in March and inflation in China is now at the lowest level since October 2012”.

    “The drop in inflation in April was mainly driven by lower food prices. Food-price inflation is likely to ...
  4. Australian Dollar Falls After RBA Monetary Policy Statement, China CPI Data

    by , 05-09-2014 at 11:00 AM
    The Australian dollar weakened against the other major currencies in the Asian session Friday and held steady thereafter, after the Reserve Bank of Australia said it would continue to keep its accommodative monetary policy some more time and as China's consumer price inflation slowed in April.

    In its monetary policy statement, the RBA reiterated its commitment to hold interest rate unchanged for the foreseeable future.

    The board's outlook on inflation suggests that ...
  5. ‘Dancing garda’ moves to the beat in Happy video

    by , 05-09-2014 at 08:23 AM
    Garda Mary Gardner became an internet sensation when Ballybunion video went viral.

    By Donal Hickey


    A dancing garda has become an internet sensation in a video highlighting the attractions of a traditional seaside resort.
    The lively video promoting Ballybunion, Co Kerry, where Garda Mary Gardiner is based, has had more than 31,000 hits in three days and a hugely positive ...
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