CHINA

China set to overtake US in scientific research output

R&D China
China's share of global authorship went up from 4.4% to 10.2% between the periods studied, taking the country from sixth to second position globally. Whether it can match quantity with quality, however, remains to be seen.
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P&G, Unilever up China prices, fuel inflation fears

Consumer goods giants Procter & Gamble and Unilever will both raise detergent and soap prices in China by up to 15 percent next month, local media reported, underscoring the battle the government faces with inflation.
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Prominent Chinese blogger charged as crackdown deepens

Chinese police have arrested prominent writer Ran Yunfei for challenging the ruling Communist Party, people close to the blogger said on Monday, the latest in a string of arrests in a deepening crackdown on dissent.
Traders work on the floor of the New York Stock Exchange

World Market Overview 28/03/2011

U.S. stocks gained for the third consecutive day on Friday as investors shook off global fears and focused instead on upbeat earnings.
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Wal-Mart to reopen 12 quake-hit stores in Japan

Wal-Mart Stores Inc will re-open 12 of its Seiyu stores in Japan which were affected by the earthquake, and is hoping to open the remaining 12 impacted stores as soon as possible, a spokesman for the U.S.-based retailer said.
Earth Hour

Earth Hour along Asia, Africa, Europe lifts the spirit

The symbolic action of turning lights out for an hour in an expression of concern for the environment is in the process of being officially observed in thousands of communities across 134 countries and territories on Australia, Asia, Africa and Europe.
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Latin America pressed on rising inflation

The International Monetary Fund warned Latin America on Saturday that economies across the region are overheating, and Canada urged policymakers not to underestimate the risks from rising inflation.
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Commodity boom weighs on policy in Americas

Canada says the current commodities boom could last decades and warned developing countries against being too timid with interest rate hikes, while the International Monetary Fund said that much of the Latin American economy is overheating.
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Banks can keep embassy accounts: U.S. regulators

Financial regulators have clarified that banks can provide services to foreign diplomatic missions and still comply with anti-money laundering laws after several major banks moved to close embassy accounts.
An earthquake damaged road and bridge are seen in Tarlay

Powerful earthquake hits Myanmar (PHOTOS)

A deadly 6.8-magnitude earthquake hit the mountainous area along Myanmar's borders with Thailand and Laos on Thursday, according to the U.S. Geological Survey. The tremors were felt in Bangkok, Hanoi, and some areas of China.
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Avoid Gold Warning from Big Institutions

[Investors] don't believe in the gold story anymore, declared Kevin Norrish of Barclays Capital on Wednesday, announcing the bank's latest commodity investment survey of institutional players. Not one single respondent chose Gold Bullion as the likely best performer in 2011, Norrish said.
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China detained Glencore trader in oil imports probe

China's customs authorities detained a Glencore trader as part of an investigation into the potential evasion of millions of dollars in taxes on fuel imports, sources with direct knowledge of the situation said on Friday.
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China, Vietnam ponder visa-free zone

The visa-free tourism zone will have tourist movement from China and Vietnam without any requirement for travel permits. Tourists will also be able to cross the border on their vehicles.

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