Oil approaches $125 per barrel

Oil prices struck record highs near $125 as investors dumped more money into commodities. Light, sweet crude for June delivery rose $1.24 Friday to $124.93 a barrel in electronic trading on the New York Mercantile Exchange near midday in Europe...

• Hong Kong Metal domestic export value up 56.3%
• China concerned over high grain prices
• Report: Child viral death toll up to 34 in China
• MySpace Allows Users to Share Profiles with other Sites
• Mylan 1Q Profit Slumps on Charges
• Stryker reveals $50 Million Investment on Quality, Compliance
• Microsoft Sued Over Imagery Project Trademark
• Best Buy and Carphone Warehouse in $2.1 Bln Deal
• Technology Stocks Slip on Cisco's Mixed Report
• AMD Plans New Processors with Six, Twelve Cores

Chinese president faces criticism over Tibet in Japan

China's president faced hundreds of protesters and sharp criticism of his Tibet policy outside an elite Tokyo unive...

• Report: Child viral death toll up to 34 in China
• Dalai Lama's envoy details Tibetan proposals at China talks

• China stocks closed higher, led by coal producers
• U.S. Stocks Rebound, Wal-Mart Gains

Malaria, diarrhea reported after storm hits Myanmar

Health experts are scrambling to prevent widespread illness after reports of mal...

• South Korea bans US pedophiles from entering country
• Cyclone Nargis had all the makings of a perfect storm
• Report: Child viral death toll up to 34 in China
• China lauds Chinese orchestra performance at Vatican

Death toll in Amazon rises to 21 in ferryboat sinking

Deputy Fire Commander, Col. Carlos Bacelar said at least 60 passengers survived ...

• Virtuoso to play, thanks to driver who returned $4M violin
• Former Ind. congresswoman wins gov. primary after tight race
• US increases cyclone aid for Myanmar
• 6 fraternities suspended in drug probe at San Diego State U.

Putin signals he intends to stay in charge of Russia

Putin, who became prime minister Thursday, has signaled that he intends to remain Rus...

• Tanks, missiles roll through Red Square
• Spain claims $500 million in sunken treasure
• UK says louts should be punished

• Housing aid bill faces veto by President Bush 5:52 AM
• HK equestrian team qualifies for Olympics 5:30 AM
• Henry Tang starts European visit 4:25 AM
• Beijing to heighten transportation security for Olympics 3:45 AM

• Ronald Arculli reappointed HKEx chief 3:20 AM
• Study of 'Daily Show': It's a lot like O'Reilly 6:00 AM
• Expeditors International Reports 1Q Earnings Rise 8:08 PM
• Company floats ads in 'clouds' shaped like corporate logos 3:01 AM

• Papa John's surpasses $1 billion in online pizza sales 2:44 AM
• Hong Kong 2 consents for 1,403 flats issued 10:35 PM
• Poor mortgage market hurts Bovis' expectations 2:44 AM
• Hong Kong building sales fall 0.4% in April 11:30 PM

• PRECIOUS METALS: Gold Drops as Dollar Gains Against Euro 2:44 AM HKT
• Stocks: Rise On Optimism Over U.S. Economic Outlook 2:44 AM HKT
• U.S. Stocks Fall on Home-Sales Report 2:44 AM HKT
• Crude Falls Slightly on Inventories Large Increase 2:44 AM HKT

• Chrysler's Nardelli says company can meet job-cutting goals 8:47 PM
• Fed task force eyes lenders and Wall Street in subprime mess 8:45 PM
• Old cemetery poses grave dilemma for buyers of Vt. farm 8:45 PM
• Lampert: Sears trying to build customer experience 8:44 PM

• Chinese cheer on as Olympic torch starts mainland leg
• Olympic torch passes through Chinese city Macau

• Monet painting sold for $41 million at NYC auction
• Iron Man Gets Sequel after $100 mln Weekend