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.
Silver Prices handed back most of Wednesday's gains, dropping 6% inside three hours before hovering around $37 per ounce.
Chinese gold demand could rise over 22 percent in the next three years and sharply outpace domestic production, the head of the country's largest state-owned gold miner China National Gold Group said on Thursday, signalling room for a strong ramp up in imports.
The Alipay system affiliated with Jack Ma's Alibaba Group has received a license from China's central bank to operate an electronic payment system in the country, the company said on Thursday.
Neo-Nazi movements have cropped up in some unlikely places. Consider Mongolia, the vast and remote nation in northern Asia.
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.
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).
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.
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.
The West is bracing for long military operations in Libya to help end conflict there, U.S. President Barack Obama told the British parliament on Wednesday.
Blast caused by disgruntled farmer at three sites near government building in an eastern Chinese city, damaged 10 cars and injured five people on Thursday, state media reported.
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.
General Motors on Wednesday said it will add 2,500 jobs at the Detroit-Hamtramck assembly plant to build the new Chevrolet Malibu mid-size sedan and the next-generation Impala large sedan alongside the Chevrolet Volt and Opel Ampera electric cars.
LinkedIn Corp will seek out opportunities in China to capitalize on its massive user base even though it sees the market as complicated, a company executive said on Thursday.
China's Foreign Ministry on Thursday said that any decision on who should head the International Monetary Fund should be made through democratic consultation.
Two government buildings in an eastern Chinese city were rocked by two explosions on Thursday morning, a state media report said, Reuters reported.
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.
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.
The North Korean dictator executed a woman after she rejected his advance.
This is the full text of U.S. President Barack Obama's speech to both UK houses of parliament.
Southeast Asia is rapidly becoming one of the world’s most powerful economic juggernauts, driven by fast growth and strong monetary policies by local central banks.
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.
