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Pending China OK delays NSN buy of Motorola unit

Nokia's network gear arm Nokia Siemens Networks has delayed its agreed $1.2 billion acquisition of Motorola's telecom network equipment arm, citing pending permission from the Chinese regulator.

Wall Street set for higher open ahead of data

Traders work on the floor of the New York Stock Exchange

Futures on major U.S. stock indices point to higher opening on Tuesday ahead of economic data including S&P/CaseShiller house price index.

2011 set to witness strong hiring in supply chain management

Racks of women's t-shirts are stacked in the warehouse at the Sledge USA clothing factory in Los Angeles October 13, 2009. U.S. store chains are hedging a major bet they made this year by slashing inventories, sometimes as much as 25 percent, to make sure

48% of US Companies are predicted to hire logistics grads in 2011 but suffer severe talent crunch

Russia's WTO membership faces hurdles: report

Russia embraces free software, a huge blow to Microsoft

In a blow to Microsoft, Russia has taken another step towards transition into complete usage of free software. Prime Minister Vladimir Putin on Monday signed an order for the transition of federal bodies and agencies to use free software.

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Stock index futures signal small gains

Stock index futures pointed to a slightly higher open on Wall Street on Tuesday, with futures for the S&P 500 up 0.2 percent, Dow Jones futures up 0.08 percent and Nasdaq 100 futures up 0.02 percent at 1000 GMT (5 a.m. ET).

China vows lending control to tame inflation

China's central bank took aim at inflation once again on Monday by saying it will control lending and money growth in the world's second-biggest economy to head off price pressures and asset bubbles.

Japan, China shares fall after rate rise

Shares in Japan and China eased on Tuesday as concerns that further Chinese monetary tightening will cool the engine of world economic growth overshadowed Japanese data that pointed to improving demand.

China needs to maintain trade surplus: vice minister

It is essential for China to maintain a trade surplus and expand its share of global trade, a senior official said in comments reported on Tuesday that appeared to cut against the government's pledge to seek more balanced trade ties.

A trader work on the floor of the New York Stock Exchange

Stocks finish flat as winter storm keeps many traders home

Stocks finished narrowly mixed in very light trading as a monstrous snow storm on the East Coast likely kept many traders home and a rate hike over the weekend by China dampened some investor sentiment.

U.S. stocks recover after China rate move, euro up

U.S. stocks closed little changed and the dollar lost ground to the euro in thin trade on Monday, buffeted by China's Christmas Day interest rate hike and a blizzard that pounded the northeastern United States.

Wall Street ends flat as investors shrug off China hike

Wall Street erased earlier losses and ended little changed on Monday as investors shrugged off a surprise weekend interest rate hike from China's central bank.

Chinese rate hikes could benefit Japan: economist

China’s decision over the weekend to raise interest rates could turn out to be positive development for Japan, according to a Tokyo-based economist.

Wall Street dips on China hike; retailers hit by storm

U.S. stocks were slightly lower on Monday in a thinly traded session after a surprise interest rate hike from China's central bank over the weekend.

Global stocks dip, oil down after China rate rise

China's Christmas Day interest rate rise and a severe blizzard that blanketed the northeastern United States left U.S. share prices weak and the U.S. dollar lower in thinly traded markets on Monday.

Wall Street set for lower open

Futures on major U.S. stock indices point to lower opening on Monday after China's central bank raised one-year lending and deposit interest rates for the second time in 2010 on Saturday.

Analysis: As China raises rates, don't forget the yuan

China was Grinch-like in raising interest rates on Christmas Day, but in fact investors have good reasons to be grateful.

Wall Street dips after China rate hike, volume thin

U.S. stocks slipped on Monday as a surprise interest rate hike from China's central bank over the weekend prompted investors, worried about demand, to sell equities.

People look at an electronic board at a brokerage house in Shanghai

China's central bank raises rates; Premier Wen confident about containing inflation

China's central bank raised one-year lending and deposit interest rates for the second time in 2010 on Saturday, leading Chinese stocks to rise sharply on Monday before falling.

Wall Street set for lower open after China's rate hike

Wall Street was set for a lower open on Monday as shares fell globally following a surprise interest rate increase from China's central bank.

Futures dip following China's rate hike

U.S. stock index futures were lower on Monday as shares fell globally following a surprise interest rate increase from China's central bank.

Iran's national flag flutters during 14th IOGPE in Tehran

Iran says oil likely to touch $100 per barrel

Iran's OPEC governor said that that the oil market is balanced and is likely touch $100 per barrel , the Oil Ministry's website SHANA said in a statement

Global stocks on edge after Chinese rate rise

Chinese shares slid and European stocks followed suit on Monday as the impact of China's Christmas Day interest rate rise sunk in to thin markets.

Asian shares rise as investors look past China rate hike

Asian shares edged up while the Australian dollar and commodities pared early losses as investors bet China's latest interest rate hike would not change the optimistic outlook for the global economy in 2011.

Stock index futures signal profit taking

Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.45 percent, Dow Jones futures down 0.44 percent and Nasdaq 100 futures down 0.16 percent at 0850 GMT (3:50 a.m. ET).

China makes fresh pledges to keep prices in check

China made fresh assurances that it will keep inflation in check, saying it will improve efforts to stabilize prices and ensure an abundant supply of essential commodities ahead of the Chinese New Year.

ECS bets on selling iPads, iPhones in China

Singapore-listed ECS Holdings , which recently clinched nation-wide distribution rights for Apple's iPad and iPhone in China, hopes to raise gross proceeds of around $50 million from the listing of its Taiwan Depository Receipts.

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