CHINA

New VW cars are covered with protective covers before loaded for export on a transport ship at the harbour in Emden

Volkswagen 1Q Sales Reach Record 2 Million Cars

Volkswagen Group’s global first-quarter sales surpassed 2 million vehicles for the first time in the company’s history as North American and Chinese sales rose dramatically, the company announced Friday.
The Nissan logo on a car.

Nissan Expanding Chinese Operations

Nissan Motor Co. will invest as much as 40 billion yen, $494 million, to build a fourth Chinese factory through its joint venture with Dongfeng Motor Group Co., Nikkei reported Friday.
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Futures fall on Spanish yields, China GDP

Stock index futures fell on Friday as concerns over Spain's rising borrowing costs resurfaced and after disappointing Chinese growth data, and banks fell after quarterly results.
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Chinese economy slows to near 3-year low

China's economy grew at its slowest in nearly three years in the first three months of 2012, with a weaker than expected reading raising investor concerns that a five-quarter long slide has not bottomed and that more policy action would be needed to halt it.
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China Q1 GDP eases to near 3-year low, soft patch persists

China's economy grew at its slowest in nearly three years in the first three months of 2012, with a weaker than expected reading raising investor concerns that a five-quarter long slide has not bottomed and that more policy action would be needed to halt it.
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Lagarde says IMF may need less money for war chest

A stronger firewall is needed to protect the world economy from Europe's debt crisis, but the International Monetary Fund may not need as much money as it thought just a few months ago, the head of the global lender said on Thursday.
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Jobless claims cast cloud on labor market

The number of Americans filing for jobless aid hit a two-month high last week and more applications were received in the prior week than initially reported, suggesting a cooling in the labor market recovery.
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Walmart International focusing on existing markets

Wal-Mart Stores Inc is focused on improving results in China and other foreign countries where it already operates, rather than on entering new markets, its top international executive said on Thursday.
North Korean Soldier at Launch Site

UN Chief Warns North Korea Ahead Of Launch

United Nations Secretary-General Ban Ki-moon sternly rebuked North Korea on Thursday for its planned rocket launch, which is scheduled to take place sometime before Tuesday.

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