CHINA

Game Changer Still Alive

Global equity markets, commodities and currencies continue to move lower on the heels of concerns about Greece

White House to unveil cybersecurity proposal

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The White House issued a proposal on Thursday to secure critical U.S. infrastructure and federal computer networks that aims to fend off attackers while assuring the privacy of Internet users.

Treasury won't sell GM shares before August: sources

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The U.S. Treasury does not plan to start selling its remaining shares in General Motors Co until August at the earliest, after the automaker's second-quarter financial results, people familiar with the matter said.

Bertolucci's moment at Cannes

Cannes 2011: Italian Director, Bernardo Bertolucci was presented with the Palme d'Honneur, a lifetime achievement award.
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China raises bank reserve requirements, more expected

China's central bank increased the reserve requirement ratio for its commercial banks by another 50 basis points on Thursday, extending its campaign to calm prices despite initial signs of slowing in the economy.
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Gold Diversification Doubted As Commodity Slump Continues

Thursday's London Silver Fix set the white metal's price at $32.50 per ounce, nearly $7 lower than a day earlier and 33% below the 31-year high of $48.70 set on April 28. [Silver] is still in an uptrend, despite the sharp sell-off reckons Mary Ann Bartels, head of US technical and market analysis at Bank of America Merrill Lynch, who said yesterday silver could hit $50 per ounce by the end of the year.
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China raises bank reserves again to tame inflation

China lifted bank reserve requirements by 50 basis points on Thursday, signaling that containing inflation and soaking up excess cash remained its top priority even after signs the economy was slowing down.
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Nissan Q4 rises, sees full production likely by October

Nissan Motor Co reported a 7.2 percent rise in quarterly operating profit on Thursday and said global production disrupted by Japan's March 11 earthquake will return to normal at least a month earlier than predicted by bigger home rival, Toyota Motor Corp.
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Bin Laden’s death to bring peace in Afghanistan: Minister

Afghan Foreign Minister Zalmay Rasoul, in his first visit to China since he took office in January, said in Beijing on Wednesday that the elimination of Osama bin Laden was ‘positive’ and will make Afghanistan's transition process easier.
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Nissan Q4 rises, gives no guidance on quake uncertainty

Nissan Motor Co <7201.T> posted a 7.2 percent rise in quarterly operating profit but offered no guidance for the new financial year on Thursday, citing uncertainties over the pace of recovery after the March 11 earthquake disrupted the industry's supply chain.
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Nissan Q4 rises, says full production likely by October

Nissan Motor Co posted a 7.2 percent rise in quarterly operating profit on Thursday and said global production disrupted by Japan's March 11 earthquake will return to normal a least a month earlier than predicted by bigger home rival, Toyota Motor Corp.
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Commodities fall hits Asian markets

Asian share markets fell on Thursday after a second big sell-off in commodities in less than a week cut investor appetite for riskier investments and boosted the U.S. dollar, although oil prices clawed back some losses in early trade.

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