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VW shrugs off 2010 caution after bumper 5 months

Volkswagen shrugged off previously cautious outlooks for 2010 profit, saying a forecast-beating performance in the first five months meant it would now significantly exceed last year's results.

Quitting smoking may ease stress levels

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Smokers often say they need a cigarette to calm their nerves, but a new study suggests that after a person kicks the habit, chronic stress levels may go down.

Canada's Carney: don't take rate hike for granted

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Bank of Canada Governor Mark Carney cautioned investors on Wednesday not to take another interest rate hike for granted, saying volatile global conditions meant no particular path for monetary policy was preordained.
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US House lawmaker warns China on currency

If China does not act soon to raise the value of its currency, the U.S. Congress could pass legislation aimed at forcing Beijing to act, a top Democratic lawmaker said on Wednesday.
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Foreigners net buyers of U.S. securities in April

Foreign investors reduced purchases of long-term U.S. securities in April but remained net buyers, while China raised its U.S. Treasury holdings for a second straight month, the Treasury Department said Tuesday.
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Risk appetite stabilizes but econ views dip: BofA poll

Investors have become less bullish about the global economy but have not given up on riskier assets, finding equities as cheap as they have been since March 2009, a Bank of America Merrill Lynch poll showed on Tuesday.
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Fed's Bullard says confident in global recovery

A strong global economic recovery -- led by Asia -- is under way, and is unlikely to be thrown off course by European debt woes or the improbable event of the bursting of an asset bubble in China, a top Federal Reserve official said on Tuesday.
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Stock futures signal slight gains

Stock index futures pointed to a slightly higher open on Wall Street on Tuesday, with futures for the S&P 500 up 0.25 percent, Dow Jones futures up 0.16 percent and Nasdaq 100 futures up 0.04 percent at 0820 GMT.
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Gold rally: Global mining cos ramp up output

Gold producing countries are ramping up production following the rise in prices in the past few years, according to Gold Made Simple. One of the main factors that influences the price of gold is supply and demand. When demand for gold exceeds supply, which is happening at present, the price of gold goes up and vice versa
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China regulator warns on property, local gov't risks

The global economic recovery is likely to be slow and tortuous and China faces risks from a multitude of factors including trade protectionism and bad real estate loans, China's Banking Regulatory Commission (CBRC) said on Tuesday.
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Gold steadies as euro slips

Gold held steady on Tuesday on safe haven buying as a downgrade of Greece's debt to junk reminded investors the debt crisis in Europe was far from over.
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Fed's Bullard says strong global recovery under way

A strong global economic recovery is under way, and is unlikely to be thrown off course by European debt woes or the improbable event of the bursting of an asset bubble in China, a top U.S. Federal Reserve official said on Monday.
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China's AgBank eyes record $23 billion IPO

The Agricultural Bank of China is seeking to raise over $23 billion by listing in Hong Kong and Shanghai, in what would be the world's biggest IPO, as China's banks shore up their capital base after a lending spree.
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Stock futures up as global equities extend rally

Stock index futures pointed to a higher open on Wall Street on Monday, adding to last week's gains and tracking gains in global equities, with futures for the S&P 500 up 0.6 percent, Dow Jones futures up 0.4 percent and Nasdaq 100 futures up 0.6 percent at 0821 GMT.
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Investors keep up rally from year low

World stocks headed for a fourth straight day of gains on Monday as investors banked on global economic recovery to trump concerns such as euro zone sovereign debt in providing a positive backdrop for corporate earnings.
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Honda China lock workers say still on strike

Workers at a factory making locks for Honda Motors cars in China remained on strike on Sunday, two workers said, although Honda said the dispute had been resolved and production had resumed.
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China's AgBank seeks record $23 billion IPO

The Agricultural Bank of China is seeking to raise more than $23 billion through a dual Hong Kong and Shanghai listing, according to documents on Monday, putting it on course for the world's biggest IPO.
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China media scorn U.S. yuan bill baby kissers

U.S. lawmakers risk poisoning the atmosphere with China through proposed laws aimed at the yuan currency, China's official news agency said on Sunday, calling Congress members baby kissing incompetents.

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