CHINA

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China's fresh rare earths export quotas restore cuts

China on Thursday issued a second batch of quotas for exports of rare earths this year -- virtually making up for previous cuts -- after its commerce minister met with his EU counterpart to discuss this and other thorny issues between the two trading partners.

China raises rare earth export quota, EU not satisfied

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China eased export curbs for rare earths on Thursday, restoring it to near-2010 levels in a bid to appease its trading partners, but the European Union said the measure did not go far enough to address concerns of stable supplies.

Mac OS X Lion's Release Date: Likely July 15 With Chance of July 26

Mac Lion OS
The much-speculated July 14 launch of Mac OS X Lion turned out to be a non-event.Though Lion didn't roar as of yet, its snoring may not last so long anyway - the next rumors in line suggest Lion's launch as early as tomorrow, or all the way pushed back to July 26th.
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China first-half fiscal surplus at $193 billion

China posted a fiscal surplus of 1.25 trillion yuan ($193.3 billion) in the first half of the year as steady economic growth and rising prices lifted government revenues, the Ministry of Finance said on Thursday.
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As copper soars, thieves extract a price

When thieves ransacked eight air conditioners in an apartment complex in the city of Mobile, Alabama, the culprits made off with $800 worth of scrap metal and left residents with $38,000 worth of damages.
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Wall Street rises on Bernanke policy comments

Wall Street stocks rebounded from a three-day selloff on Wednesday as comments from Federal Reserve Chairman Ben Bernanke raised hopes for further stimulus of the U.S. economy if needed.
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Exclusive: China Telecom plans iPhone launch year-end

China Telecom Corp Ltd plans to offer its 106 million subscribers the Apple Inc iPhone by the end of 2011, sources said on Wednesday, which would make it the second operator to do so in the world's largest mobile phone market.
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Fidelity's Bolton flags China governance challenge

Anthony Bolton, one of Britain's best-known fund managers, said policing rogue executives was a far bigger task in China than in the West, as News Corporation's phone-hacking scandal thrusts corporate governance standards back into the spotlight.
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Wall Street gains 1 percent on Bernanke comments

Wall Street stocks rose on Wednesday, snapping a three-day losing streak, after Federal Reserve Chairman Ben Bernanke suggested policymakers are actively considering further stimulus for the economy if it is needed.
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Wall Street to get lift from China growth

Stock index futures rebounded on Wednesday from three days of losses on stronger-than-expected growth in China, but investors closely watched developments in Europe's debt crisis.
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Exclusive: China to conduct first stress tests on brokerages

China is preparing to conduct its first-ever stress test on the brokerage industry this year to ward off potential risks arising from a possible deterioration in the economic or market environment, three sources with direct knowledge of the plans told Reuters.

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