CHINA

HSBC Holdings Plc , Europe's biggest bank, will find most of the $3.5 billion it wants to save by trimming staff and cutting less profitable operations outside of Asia, its chief executive said on Thursday.

Hawker Beechcraft and Group Lotus promotion begins this week at the European Business Aviation Convention and Exhibition and continues through June 30

Today's new Gold Demand Trends from the World Gold Council show interesting data about gold demand in China. China is now 10 years into opening up its gold market - half as long as India. But since nabbing the No.2 spot in terms of private demand in 2005, it's only grown hungrier for gold bullion, despite becoming the world's No.1 mining-producer nation, too.

In March 2010, we predicted that gold demand in China would double by 2020, however, we believe that this doubling may in fact be achieved sooner. Increasing prosperity in the world's most populous country coupled with their high affinity for gold will serve to drive demand in the long-term.

Japanese electronics manufacturer Toshiba Corp said on Thursday it will buy unlisted Swiss-based meter maker Landis+Gyr in a deal valued at $2.3 billion, including debt, in a bid to move into the promising overseas smart grid market.

After the resignation of besieged chief Dominique Strauss-Kahn, China on Thursday has insisted for emerging nations to be selected in the top leadership of the International Monetary Fund, Economic Times reported on Thursday.

Eight New York residents sued Baidu Inc and the Chinese government on Wednesday, accusing China's biggest search engine of conspiring with its rulers to censor pro-democracy speech.

Mountain View-based social networking site for professionals, LinkedIn has priced its IPO at the higher end $45 a share, making it the biggest US Internet IPO since Google went public and indicates the voracious investor appetite for social networking sites.

The dollar slipped on Thursday with funds sensing a rally this month is ending and expectations increasing that commodity prices have resumed an uptrend, pushing up equities in Asia's energy and materials sectors.

According to a report released by the U.S International Trade Comission, in 2009 China's continuous practice of piracy over American products cost the US approximately $48 billion.

Chinese piracy and counterfeiting of U.S. software and a wide range of other intellectual property cost American businesses an estimated $48 billion in 2009, the U.S. International Trade Commission said in a report released on Wednesday.

General Motors Co said on Wednesday that it will make 60,000 Chevrolet Volt and Opel Ampera in 2012, up from its previously announced 45,000 production outlook.

While reports are floating around what Apple is likely to pack into its next iPhone, analysts are observing slowdown in sales of the current iPhone 4.

Trade judges on Wednesday partially overturned a ruling that had accused EU states of giving Airbus illegal subsidies, but said the aircraft maker did receive billions of dollars of unfair aid that harmed Boeing.

Minutes from the last FOMC meeting held April 26-27, 2011.

Mark Carney, a former Goldman Sachs employee and the current Governor of Bank of Canada, is a huge commodities bull.

Japanese camera and copier maker Canon Inc <7751.T> expects its quake-hit supply chain to recover more quickly than originally estimated, giving a roughly 50 billion yen ($600 million) boost to its annual sales, the company's chief executive said.

A new World Bank report projects that by 2025, foreigners' net ownership of US assets will be 69 percent of the US GDP.

Samsung Electronics Co. and LG Display, the world's top two flat-screen makers, expect the depressed LCD market to start rebounding as demand rises in China and new TV models are rolled out.

The top pre-market NASDAQ Stock Market gainers are: Arotech, SodaStream International, Dell, Gulf Resources, Golar LNG, GT Solar International, and Research In Motion. The top pre-market NASDAQ Stock Market losers are: Coldwater Creek, Staples, Celldex Therapeutics, Orchid Cellmark, and ARM Holdings.

India's Planning Commission deputy chairman Montek Singh Ahluwalia said Wednesday that he was not putting forward his name for the top IMF job.