CHINA

Finance, Oil Ministries Push for Fuel Price Increase

Petrol price
The finance and oil ministries are lobbying for an increase in prices of diesel, kerosene and LPG, warning cabinet colleagues that time is running out to avert a fiscal disaster and a sovereign credit downgrade to junk by global ratings agencies.
Man looks at an electronic board displaying various market indices from around the world outside a brokerage in Tokyo

Asian Stocks Rise On ECB Easing Hopes

Most of the Asian markets rose Thursday as investors remained hopeful that the European Central Bank would announce stimulus measures soon to help boost the euro zone economic growth.
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Apple iPhone 5 Release May Face Supply Constraints: Why This Could Boost AAPL Stock

Rumored supply chain issues may have an impact on the release date for the iPhone 5, as it was reported that Sharp Co is behind schedule in producing the device's display. However, this influence may not be a negative one. New analysis has found that constraints have actually had a positive effect on Apple's stock price, reports Apple Insider.
Sen. John Kerry, D-Ma.

John Kerry, Secretary Of State?

Secretary of State Hilary Clinton has said that she plans to relinquish her post soon, a potential second term for President Obama notwithstanding. That leaves an opening for Kerry, who will be speaking at the Democratic National Convention on Thursday.
Teddy Kennedy

Ted Kennedy: Democrat ‘Icon’

More than fifty years after John F. Kennedy’s assassination and more than four decades after Robert’s murder, the “Kennedy” name is the gold standard for liberal Democrats.
Asian Stocks

Asian Stocks Decline As US, China Data Disappoint

Asian stock market declined Wednesday as weak economic reports from U.S. and China weighed on the sentiment. Concerns over global economic downturn resurfaced after the Institute for Supply Management (ISM) said that U.S. factory activity contracted for the third straight month in August
General Motors

GM Turns to China to Crack India's Tough Car Market

General Motors Co began initial production of its first ever Chinese-designed car for the Indian market this week, a major step for the U.S. automaker as it tries to scale up in a market where foreign companies have struggled.
Woman walks past stock quotation board outside brokerage in Tokyo

Asian Stocks Fall On Weak US, China Data

Asian markets fell Wednesday as investors' concerns about the weakening global economy was revived by the declining U.S. manufacturing activity and disappointing China's services activity.
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China Warns US Not To Take Sides In Sea Disputes

China warned the United States not to get involved in South China Sea territorial disputes on Tuesday as U.S. Secretary of State Hillary Clinton arrived in Beijing pledging to pass on a strong message on the need to calm regional tension.

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