CHINA

A general view of Spyker Cars Saab factory in Trollhattan

Saab Sold For One-Third Of What GM Valued It At

Sino-Japanese joint venture National Electric Vehicle Sweden AB (NEVS) has paid a paltry 1.5 billion to 1.8 billion kronor ($210 to $250 million) for defunct Swedish carmaker Saab Automobile AB.

Gold Prices Fall, Ending Six-Day Rally

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The price of gold on the New York Mercantile Exchange fell by more than 2 percent on Thursday, ending six days of consecutive price increases so far this month.
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An investor reads a newspaper with a magnifying glass in front of an electronic board showing stock information at a brokerage house in Huaibei, Anhui province April 5, 2012.

Asian Markets Rise On US, European Stimulus Hopes

Asian markets rose Thursday amid hopes that the U.S. Fed would announce another round of monetary easing and European policy makers would take concrete measures to tackle the debt crisis looming over the euro zone.
Mourners clap for Yaser Raqieh, who was killed near Hama by forces loyal to regime of Syrian President Bashar al-Assad

Assad Forces Accused Of New Massacre; 78 Dead Near Hama

Syrian troops and militiamen loyal to President Bashar al-Assad stood accused by opponents Thursday of a new massacre of scores of villagers, hours before the United Nations Security Council convenes again review the crisis.
A delivery truck enters the Toyota Motor Manufacturing Plant in Georgetown, Kentucky

American Truckers On A Roll As Business Speeds Up

American truckers in the last three months are hauling more freight and spending more time on the road as fuel prices stabilize and more materials are getting transported, industry indexes are showing.
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Hong Kong Stocks Rise, China Trades Flat

Stock markets in China and Hong Kong advanced Wednesday on speculation that the People's Bank of China will cut interest rates soon to help the economy regain its growth momentum.
Allies Again

Russia And China: Best Buddies Again?

Russia and China strengthen their geopolitical partnership ahead of a major meeting of Eurasia leaders. But rather than love, it may be just a marriage of convenience.
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GM's China Sales In May Climb To Record

General Motors Corp. (NYSE: GM) and its joint ventures in China sold a record number of vehicles last month as demand jumped more than 20 percent from the year-earlier level.
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Spain Says Markets Are Closing To It As G7 Confers

Spain said on Tuesday that credit markets were closing to the euro zone's fourth biggest economy as finance chiefs of the Group of Seven major economies were to hold emergency talks on the currency bloc's worsening debt crisis.

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