CHINA

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Lunar New Year highlights China labour woes

Among the millions crowding China's railways stations and airports in the annual Lunar New Year trek home are many workers who won't be coming back to their jobs in the workshop of the world.
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An All Star Again

NBA announces All-Star Game starting lineups

LeBron James and his Miami Heat team mate Dwyane Wade were both picked for the NBA All-Stars Thursday, joining Dwight Howard, Derrick Rose and Amar'e Stoudemire in an Eastern Conference starting team overflowing with talent.

China to open up yuan cautiously, boost trade

China will carefully open up its yuan to more trading based on market needs and plans to double its level of imports in five years, its commerce minister said on Thursday, as the country liberalizes its economy, now the world's second largest.

The rise of China's women

Milestones in the progress of Chinese women's tennis after Li Na reached the final of the Australian Open on Thursday:

China wants to import more: ICBC chairman

China wants to import more to solve its trade imbalances instead of parking windfall revenues in U.S. and euro zone government bonds, the chairman of China's largest lender said on Thursday.
Uranium

Russia says awaiting Iranian response on fuel swap

Global powers seeking to ensure Iran does not develop nuclear weapons are still hoping for a response from Tehran to a fuel swap proposal seen as a step towards ending the persistent standoff, Russia said on Thursday.
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G20 should better represent Africa: Botswana

Africa should have a greater presence in the Group of 20 nations rather than be largely excluded and simply told how to run their economies, Botswana's central bank governor said on Thursday.

iPad Lifts Apple To World's Third Largest PC Maker

Apple became the third largest PC vendor in the fourth quarter of 2010, helped by strong sales of iPad and Mac as well as fast growth in the Asia Pacific region, according to the latest report from Canalys.

Fed cautious on recovery, focused on joblessness

The Federal Reserve showed on Wednesday it was in no rush to cut short its rescue of the U.S. economy, saying high unemployment still justified its $600 billion bond-buying plan even though the economy has

Lawmakers plan to reintroduce China currency bill

U.S. lawmakers plan to reintroduce China currency legislation that was overwhelmingly approved last year by the House of Representative but failed to become law, congressional aides said on Wednesday.

China Q1 GDP seen up 9 pct y/y, CPI up 5 pct -report

China's annual economic growth is expected to ease to about 9 percent in the first quarter while consumer inflation is projected at 5 percent, according to a government think tank report published in the official Chinese Securities Journal on Thursday.

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