CHINA

Gold dips on data, earnings

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Gold prices eased a touch in Europe on Wednesday after well received U.S. economic data and a spate of upbeat corporate earnings deflected interest away from bullion on to higher-risk, higher-yielding assets.
A migrant worker pushes his belongings past a vendor selling foldable stools near Dongguan East station in southern China

China may hike interest rate within a month: report

China is expected to see another interest rate hike within a month as the government intensifies its efforts to control the rising inflation, The New York Times reported on Wednesday citing a forecast of economists and bankers.
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China to offer 4G services by 2012

China to offer 4G services by 2012

China will wrap up large-scale testing of fourth generation mobile communication network, TD-LTE and will put its mobile services to commercial application as an attempt to create a competitive edge for homegrown telecom equipment producers.
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More manufacturers warn of rising input costs

The threat that rising input prices pose to corporate profit margins was highlighted again as a number of U.S. manufacturers, including Emerson Electric Co and Paccar Inc, reported quarterly earnings.
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UPS profit tops estimates

United Parcel Service, the world's largest package delivery company, reported a quarterly profit that beat estimates and forecast record-high profits in 2011, sending its shares up more than 4 percent.
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Gaming startup woos romance readers

Despite never having read a romance novel, Melissa Heidrich had always thought about making video games based off the popular literary genre. A chance encounter at a recent high school reunion with former classmate
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Pre-Market NASDAQ Movers (SIMO, KLIC, BIDU, AMSC, ARMH, OREX, CCME, VVUS, DEPO, TEVA)

The top pre-market NASDAQ stock market gainers are: Silicon Motion Technology, Kulicke & Soffa Industries, Baidu, American Superconductor, ARM Holdings, Corinthian Colleges, and Biogen Idec. The top pre-market NASDAQ stock market losers are: Orexigen Therapeutics, China MediaExpress Holdings, VIVUS, DepoMed, and Teva Pharmaceutical Industries.
An opposition protester stands behind a banner in Cairo February 1, 2011.

Israel should learn to live with more enemies after Mubarak

Israel has launched a diplomatic offensive as speculation intensified that the U.S. and European allies were ditching Egypt's beleaguered president Hosni Mubarak. Israel fears its decades-old peace with Egypt will crumble if Mubarak is replaced by a populist regime which by all means will be inimical to the Jewish state.
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Joblessness, rising prices could spark war within

The world economy is beset by problems such as high unemployment and rising prices which could fuel trade protectionism and even lead to war within nations, the head of the International Monetary Fund warned on Tuesday.

Joblessness, rising prices may fuel unrest: IMF chief

The world economy is beset by problems such as high unemployment and rising prices which could fuel trade protectionism and even lead to war within nations, the head of the International Monetary Fund warned on Tuesday.

Fundamentals lift stocks

Investors shifted focus from worrying about Middle East turmoil to concentrate on fundamentals on Tuesday, lifting global stocks against a background of improved economic data and corporate results.
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Data buoys Asian stocks as oil hovers above $100

Asian stocks rose on Tuesday, led by shares of resource companies, as strong U.S. factory data and surging commodities prices offset fears that unrest in Egypt could spread to other parts of the Middle East.
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GM weighs China plants, sees big Sail exports

General Motors, the top U.S. automaker, is considering adding new plants in China in 2011 and after, a senior executive said on Tuesday, as it moves to meet steady demand in the world's top auto market.

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