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Google tests loyalties of China's wired generation

When Google threw down the gauntlet to China's Internet censors, it also challenged the loyalties of the nation's wired generation.

Dollar rally pauses, investors look to Chinese GDP for direction

After dropping 199 pips from the London opening of 1.4279 to trade as low as 1.4080, the EUR/USD is eerily quiet ahead of the Chinese GDP and Industrial Production data to be reported at 9:00 pm New York time. A drop in EUR/USD is a gain in the dollar.

Tech Round Up: Microsoft fixes IE Google hack flaw, Amazon hikes Kindle royalties, Youth media usages soars

The amount of time youngsters are spending on the web has ballooned to proportions that exceed the average adults full working week, according to a new study.

Wall Street drops on China, IBM; EBay jumps late

The Dow suffered its worst drop of 2010 on Wednesday as U.S. stocks succumbed to fears that China's curbs on bank lending might jeopardize the global economic recovery, while IBM's outlook sparked caution about the technology sector.

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Housing starts fall, but permits at 14-month high

U.S. home starts unexpectedly fell last month as unusually cold weather hampered construction, but a jump in building permits to a 14-month high indicated the housing market recovery was intact.

Stocks slide as China curbs lending, IBM weighs

Wall Street suffered its worst slide of 2010 on Wednesday as investors worried that lending restrictions in China could hurt the global economic recovery, while a conservative outlook from IBM dented recent optimism about the technology sector.

Oil falls over 2 percent on strong dollar, China loans

Oil prices fell toward $77 a barrel on Wednesday as the dollar strengthened and Wall Street slipped on worries about domestic bank results and bank lending curbs in China.

Dollar rally continues on China lending news

The dollar continued to rally in Wednesday mid-day trading New York time after Chinese authorities announced ahead of the Asian trading session that banks will slow lending for 2010.

Stocks fall on China lending curb, IBM outlook

U.S. stocks were having their worst day of 2010 on Wednesday as lending restrictions in China worried investors about the global economic recovery, while a conservative outlook from IBM weighed down technology shares.

Stocks fall further, Nasdaq off 2 percent

U.S. stocks extended losses on Wednesday as investors pummeled technology shares, sending the Nasdaq down more than 2 percent following IBM's disappointing outlook.

Oil slips below $78 on strong dollar, China loans

Oil slipped below $78 a barrel on Wednesday on fresh evidence of tightening credit policy in China, a stronger dollar and expectations that U.S. refiners processed less crude in the latest week.

Stocks set for lower open on bank unease

U.S. stocks were poised for a lower open on Wednesday on reports of bank lending restrictions in China and as quarterly results from three big U.S. banks raised uneasiness about the state of the sector.

Volkswagen eyes new China plant to make Seat: report

Top European carmaker Volkswagen plans to build its fifth plant in China along with its Chinese partner, with an initial annual production capacity of at least 200,000 units, the 21th Century Business Herald said on Wednesday.

Huawei shows China's scope for organic growth

Its history is peppered with cloak-and-dagger stories which fostered a reputation for winning technology by hook or by crook. But today Huawei Technologies' disciplined growth strategy is a beacon to many emerging markets firms.

China punishes some banks lending too much: sources

China punished some banks, including Bank of China , for lending too much, after a surge in new loans this year increased inflationary pressures, sources said on Wednesday citing central bank figures.

Stock futures drop on bank earnings jitters

U.S. stock index futures fell on Wednesday on reports of bank lending restrictions in China and as quarterly results from a host of U.S. banks increased uneasiness about the state of financial companies.

Stock futures slide on unease over bank earnings

U.S. stock index futures fell on Wednesday on reports of bank lending restrictions in China as earnings reports from a host of U.S. banks increased uneasiness about the state of financial companies.

China tries to curb lending and avoid overheating

Chinese authorities ordered some big banks to curb lending for the rest of January, intensifying their efforts to prevent the world's third-largest economy from overheating.

Taiwan president to stop in U.S., testing China

Taiwan President Ma Ying-jeou will make two stops in the United States next week during a trip to take aid to earthquake-hit Haiti, officials said on Wednesday, a move likely to anger political rival China.

Baidu founder rules China's Web with pragmatism

In the autumn of 1998, computer science engineer Li Yanhong developed Rankdex, an experimental search engine that ranked websites according to their relevance to each other.

Baidu sues domain name server after hacker attack

China's top search engine, Baidu Inc (BIDU.O), filed a lawsuit against its U.S.-based domain name service provider on Wednesday after a cyber attack interrupted its web services last week.

Oil extends losses towards $78 on tight China credit

Oil extended losses toward $78 a barrel on Wednesday on tighter credit policy in China, a stronger dollar and expectations that U.S. refiners processed less crude.

Sstock futures signal dip on Wall Street

Stock index futures pointed to a lower open on Wall Street on Wednesday, with futures for the S&P 500 down 0.38 percent, Dow Jones futures down 0.37 percent and Nasdaq 100 futures down 0.48 percent at 1018 GMT (5:18 a.m. EST).

Stock futures signal dip on Wall Street

Global slide in '09 economic freedom holds risks

Economic freedoms were sharply reduced last year on massive spending and bailouts during the financial crisis, a trend that could imperil future economic prospects, the U.S.-based Heritage Foundation said on Wednesday.

China lending worry hits global stocks

World stocks slipped on Wednesday after reports of bank lending restrictions in China, while the euro hit a five-month low against a broadly stronger dollar with concerns about Greece's fiscal problems nagging investors.

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