CHINA

China, S. Korea rebuff Japan on import restrictions after quake

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China and South Korea rebuffed on Sunday Japan's calls for more reasonable restrictions on imports of food and other products that could be contaminated with radiation after last month's nuclear disaster, showing the difficulty Japan will face in restoring trust in its products.

Is gold rising because America is broke?

Gold bars and US Dollar bills
Gold prices shot up to a new record of $1,512.50 an ounce in New York late on Friday, posting a record weekly gain and maintaining a six-week winning streak. What the gold rally means to the dollar and the American people is obvious from the rush pawn shops see across the United States.
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Shanghai offers fee cuts to defuse drivers' strike at port

The government of the Chinese city of Shanghai is cutting some fees to defuse striking truck drivers' anger over high fuel prices, an official spokesman said Saturday, after days of confrontation earlier this week disrupted the world's busiest port.
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Yum! Brands Shares Hit New Life-Time High on Q1 Results

Shares of Yum! Brands, Inc. (NYSE: YUM) touched a new life-time high of $54.98 on Thursday. The company's first quarter revenue exceeded Street view boosted by growth in China, which helped offset weakness in its U.S. operations.
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Third day of Shanghai strike threatens China exports

Striking truck drivers protested for a third day on Friday in Shanghai's main harbor district amid heavy police presence and signs the action has already started to curb exports from the world's busiest container port.

Which sovereign is the most risk-free?

US Treasuries are called the “risk-free assets” of the financial world. However, the moniker of “risk-free asset” may actually belong to another country.
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McDonald's warns of higher food inflation

McDonald's Corp forecast higher prices for beef, dairy and other items and said it would cautiously raise prices to keep attracting diners, who are grappling with higher grocery and gas bills.
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World Market Update 04/21/2011

US stocks rallied on Wednesday, with the Dow Jones Industrial Average closing near three-year highs, as upbeat earnings from major technology companies’ boosted sentiment for corporate-profit trends.
Traders work on the floor of the New York Stock Exchange

Global Markets Overview 04/21/2011

US stocks rallied on Wednesday, with the Dow Jones Industrial Average closing near three-year highs, as upbeat earnings from major technology companies’ boosted sentiment for corporate-profit trends.
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Rolls-Royce sees hefty sales increase in Q2

Luxury automaker Rolls-Royce Motor Cars should more than double sales in the second quarter, in large part because of its Ghost model, David Archibald, president of Rolls-Royce in North America, said on Wednesday.
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Yum sales surprise, up on strength in China

Yum Brands Inc , the parent of the KFC, Taco Bell and Pizza Hut fast-food chains, reported higher-than-expected quarterly sales, boosted by growth in China, helping to send its shares up 4.9 percent in after-hours
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Gold powers above $1,500 as inflation worries mount

Gold rallied above $1,500 an ounce for the first time on Wednesday, extending this week's record run as investors hedged growing inflation risks and bought into a broad commodities rally as the dollar slumped.

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