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Oil jumps on deadly Egypt clashes, inflation

Oil prices surged past $103 on Thursday as pro-democracy protests in Egypt turned violent, while commodities markets raced even higher, adding to worries of mounting inflationary pressures could threaten the global economic recovery.

U.S. presses China to honor trade promises

U.S. Commerce Secretary Gary Locke on Wednesday criticized China for failing to honor promises to open its market and said the United States would be pressing Beijing for better results in 2011.

Asia infotech trade surged in financial crisis-UN

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Asian exporters of computer and communications equipment in 2009 boosted their grip on the sector during the global financial crisis and now hold two-thirds of the trade, figures issued on Wednesday showed.
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Gold dips on data, earnings

Gold prices eased a touch in Europe on Wednesday after well received U.S. economic data and a spate of upbeat corporate earnings deflected interest away from bullion on to higher-risk, higher-yielding assets.
A migrant worker pushes his belongings past a vendor selling foldable stools near Dongguan East station in southern China

China may hike interest rate within a month: report

China is expected to see another interest rate hike within a month as the government intensifies its efforts to control the rising inflation, The New York Times reported on Wednesday citing a forecast of economists and bankers.
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China to raise interest rates within month: report

China will likely raise interest rates again within the month, the New York Times reported on Wednesday, citing a forecast of economists and bankers with knowledge of the thinking of Chinese policymakers.
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Analysis: China sets sights on soybean imports

China may speed up its soybean imports after the Lunar New Year and slow its vegetable oil buys as floods cut off palm oil supply in Malaysia and if port strikes further stall Argentine soyoil exports.
China to offer 4G services by 2012

China to offer 4G services by 2012

China will wrap up large-scale testing of fourth generation mobile communication network, TD-LTE and will put its mobile services to commercial application as an attempt to create a competitive edge for homegrown telecom equipment producers.
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More manufacturers warn of rising input costs

The threat that rising input prices pose to corporate profit margins was highlighted again as a number of U.S. manufacturers, including Emerson Electric Co and Paccar Inc, reported quarterly earnings.
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UPS profit tops estimates

United Parcel Service, the world's largest package delivery company, reported a quarterly profit that beat estimates and forecast record-high profits in 2011, sending its shares up more than 4 percent.

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