CHINA

Lenovo quarterly net profit more than triples

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Lenovo Group Ltd, the world's No.4 PC brand, more than tripled its fourth-quarter net profit, beating forecasts on robust demand from commercial customers and making up for a slowdown in the consumer sector.
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Gold prices likely to stay high in coming months

Gold prices may continue to stay at high levels in the coming months as investors seek the metal as a safe haven investment on concerns about faster inflation, slowing global economic recovery and geopolitical crisis, according to China National Gold Group Corporation (CNGGC).
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Stock index futures rise; GDP data eyed

Stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500 up 0.35 percent, Dow Jones futures up 0.4 percent and Nasdaq 100 futures up 0.35 percent at 4:50 EDT.
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World stocks rise from two-month low; euro firmer

World stocks rose from a two-month low on Thursday while the euro hit a one-week peak versus the dollar, aided by higher commodities and a report on China's possible interest in bailout bonds for Portugal.
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Asia stocks, euro jump with risk in fashion

Asian stocks were on course for their biggest gain in a month on Thursday, led by resources and consumer sectors, with recovering commodity prices and the euro's rebound toward $1.42 bringing investors back into the markets in search of bargains.
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US to tighten sanctions on Iran

US senators proposed further tightening sanctions on Iran reflecting fears that companies overseas, particularly in China, are evading U.S. penalties imposed last year for doing business with Iran, Reuters reported on Wednesday.
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India urges for joint IMF candidate from BRICs

India is talking with other emerging nations to build support for a common candidate for a developing economy to be the next head of the International Monetary Fund, with Mexico's Central bank chief being a possibility, said two government sources, reported Reuters.

Five tallest buildings in the world

Take a look at the world's five tallest buildings: Burj Khalifa, Taipei 101, Shanghai World Financial Center, International Commerce Center (Hong Kong) and the Petronas Towers.
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Oil rises after U.S. inventory report

Oil turned higher on Wednesday with Brent crude climbing above $113 a barrel after weekly U.S. government inventory figures an unexpected draw in stocks of distillates, which include heating oil and diesel
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ZTE to launch LTE devices, Microsoft Mango

ZTE Corp, China's No.2 network equipment maker, plans to launch LTE devices in the United States along with smartphones based on Microsoft's Mango operating system to expand its U.S. footprint.

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