Tesla Motors is the first new American car company to open a manufacturing plant in the U.S. in a long, long time.
HONG KONG: Asian markets and the euro rose Tuesday, lifted by a successful French bond auction and gains in European stocks, while confidence was also boosted by better-than-expected Chinese economic data.
However, the eurozone debt cloud continued to hang over trade as Friday's downgrade of nine countries, including France, was followed by a ratings cut for the bailout fund set up to help under-pressure European economies.
Tokyo rose 0.46 percent, Hong Kong shot up 1.71 percent, Sydney was 1.38 percent higher, Shanghai climbed 0.47 percent and Seoul added 1.60 percent.
Investors were cheered by Chinese figures showing the world's second economy grew 8.9 percent in the final quarter of 2011, which although slower than the previous three months was better than the 8.6 percent expected.
The figures indicated that while the economy was clearly slowing as a result of troubles in its key export markets of Europe and the United States, it was not having a worrying impact.
The euro was given some early support, rising to $1.2702. It had slumped to as low as $1.2624 in Toronto late Monday. New York was closed Monday for a public holiday.
The single currency also bought 97.64 yen, against 97.25 yen, while the dollar was at...
The United Nations is to start providing training to Arab League observers monitoring the crisis in Syria, as violent clashes continue.
Code is thought to have been stolen from servers run by the Indian military, but the company says the code is from 2006 and is no threat to users of the current antivirus product.
Edin Dzeko's header helps Manchester City beat Wigan to move three points clear of Manchester United at the top of the Premier League.
Google hits back at comments made by Rupert Murdoch suggesting that the search giant was a "piracy leader".
The owners of a cruise ship that hit rocks in Italy accuse the captain of veering off course to show the ship to locals on a nearby island.
Your doors may not magically slide open like on "Star Trek," but they can at least sound like it with ThinkGeek's motion-activated electronic door chime.
Maker of the 12-inch action figure says he doesn't believe he violated any laws, but killed the project out of respect to Jobs' family.
Maker of the 12-inch action figure says he doesn't believe he violated any laws, but killed the project out of respect to Jobs' family.
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