Chinese officials have faith in Spain's financial system and will continue to take part in government debt auctions, China's Vice Premier Li Keqiang wrote in an editorial in El Pais on Monday.
Asian factory output powered ahead in December to underline emerging markets' lead in the global recovery although data showed an increasing inflation threat in the region even as growth is tepid in developed economies.
Hyundai Motor Group <005380.KS> and its affiliate Kia Motors <000270.KS> aim to boost vehicle sales by 10 percent this year after robust December sales, as the sector shows a gradual recovery, led by China and the United States. Hyundai Motor shares rose 2 percent on Monday, while shares in Kia Motors jumped 3.75 percent in a broader market <.KS11> up 0.9 percent, with Hyundai ex...
The entire precious metals complex had a stellar run in 2010, led by palladium's 97 percent rise and Silver's 83 percent gain. Gold yielded investors a 29.7 percent profit in 2010, the tenth consecutive annual gain in a row.
Many investment banks and commodity analysts have taken a highly bullish stance on crude oil prices for 2011, based largely on economic recovery in the U.S., continued money-printing by the Federal Reserve (thereby, weakening U.S. dollar) and persistent high demand from the emerging markets, particularly China and India.
Douglas C. Borthwick, Managing Director of Faros Trading, reviews the global currency markets from 2010 and provides some outlook and guidance for 2011
Wall Street appears to be almost universally bullish about U.S. stocks for 2011.
Predictions are, by their nature, uncertain. Politics is, as history teaches, full of surprises. So predictions about politics have to be taken with a good amount of salt.
Russian oil output rose by 2.2 percent in 2010 to a record 10.1 million barrels per day (505.193 million tonnes) as higher prices prompted the world's top oil exporter to ramp up production at its greenfield sites.
Chinese Premier Wen Jiabao vowed again to step up efforts to keep consumer inflation in check in 2011, state media reported on Sunday.
S&P Equity Research predicts big developments for the Internet segment in 2011, including continuing challenges for Google, changes at Yahoo, and a cloud offering from Apple.
Hope, despair, promises and more promises. World leaders have spelled out their intent, or say an 'action plan' for the coming year. Note them all, some merely possible, some probably intricate others perhaps a bunch of lies.
Top Ten Predictions for U.S. Economy/Markets in 2011. These predictions come from Michael Yoshikami, president and chief investment strategist of YCMNET Advisors Inc. in Walnut Creek, Cal.
These predictions come from Richard Kang, Chief Investment Officer and Director of Research at Emerging Global Shares, an ETF company focused on the emerging markets.
Russia, the world's top crude exporter, said it had begun scheduled oil shipments to China via an East Siberian link on Saturday as the Kremlin cements ties with its energy-hungry neighbor.
China's factory inflation cooled in December as manufacturers expanded more slowly after a strong run in growth, lessening the need for the country's central bank to tighten monetary policy too far.
The popular Internet telephone service Skype could be dealt a major setback in one of the world's largest markets as the Chinese government cracks down on what it called illegal Internet telephone providers.
Shares of Imax Corp went for a roller-coaster ride on the last day of 2010, climbing steeply on a report Sony Corp or Walt Disney might be interested, but plunging after Imax poured cold water on the speculation.
Oil prices hit a 26-month high over $92 a barrel on Friday, closing the year up 15 percent on expectations that the economic recovery will drive demand growth next year and send prices into triple digits.
Shares of Imax Corp jumped as much as 20 percent on Friday after a media report suggested Sony Corp may be readying a bid for the big-screen movie company at more than $40 per share.
Economic growth in China is expected to slow next year as the nation accelerates tightening monetary policies, said a report on Friday.
Oil was set to close the year up more than 12 percent, despite a slight decline on Friday, due to a resurgence in global demand, an unusually cold winter and falling inventories.
