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World Market Overview 18/02/2011

U.S. stocks finished at fresh multi-year high on Thursday as improved corporate earnings and manufacturing data overshadowed a bigger than expected rise in the number of people applying for unemployment benefits.

Harvard scholar weighs in on Middle East turmoil

Dr. Paul Beran, the Outreach Director at the Center for Middle Eastern Studies at Harvard University is a researcher, writer and teacher on civil society in the Middle East. International Business Times spoke with Beran to discuss the current unrest in the region.
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World Market update

U.S. stocks finished at fresh multi-year high on Thursday as improved corporate earnings and manufacturing data overshadowed a bigger than expected rise in the number of people applying for unemployment benefits.
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A security guard stands next to a shipment of copper ready to be delivered in Valparaiso city

Zambia economy seen growing 6.5 pct in 2011

Zambia's economy is expected to grow 6.5 percent this year and 6.6 percent next year on the back of a rally in copper prices and improvements in agriculture, a Reuters poll of 12 economists showed on Thursday.
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JPMorgan unit sees China stocks constrained

China's main share index is not likely to rise much in the first half of 2011 because of worries over monetary tightening, but many sectors are now at attractive valuations, a fund manager at JPMorgan's JF China Fund said on Thursday.
China MofCom studies import tax cuts -sources

China MofCom studies import tax cuts -sources

China's Ministry of Commerce has asked for opinions from other ministries about the idea of cutting import taxes on a range of goods, two sources familiar with the move said on Thursday.
China tightening to hit small property firms -Fitch

China tightening to hit small property firms -Fitch

Some small Chinese developers will not survive until the end of the year because the government's property tightening will deprive them of cash, giving bigger players a chance to buy their assets, Fitch Ratings said on Thursday.
China to expand health coverage to urban population

China to expand health coverage to urban population

China aims to expand its medical coverage to include 90 percent of its urban population by the end of 2011, China's State Council, the cabinet, said on Thursday, in an effort to strengthen the country's weak social safety net.
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China censors U.S. posts on Internet freedom

China's Internet censors have deleted U.S. Embassy posts promoting Secretary of State Hillary Clinton's speech on Internet freedom from microblogs, parrying U.S. efforts to spur debate about Beijing's grip on free speech.

How Internet censorship works in China

The 'Provisions on News Information Services', which was issued in 2005, states that the purpose of news websites is not to inform the public of the facts, but instead to “serve socialism” and to “safeguard the nation’s interests and the public interest.”
 Honda Siel to recall 57,853 units in India for faulty engine

Honda to recall 693,497 units globally

Japanese auto major Honda said on Thursday that it will recall more than 693,497 units of the Freed, Fit and City company models globally due to defective parts that could stall the engine and cause problems restarting.
China to shake up rare earth industry

China to shake up rare earth industry

China announced a shake-up of its rare earths industry on Wednesday, vowing reasonable quotas on mining and exports to bring order to the small but strategic sector where its dominance has spooked foreign buyers.

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