CHINA

Angry Birds in US retail, UK parks push

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Angry Birds maker Rovio is teaming up with a major U.S. retail chain to sell its merchandise, and plans to open themed activity parks in Britain, as it continues to expand beyond mobile games to establish a Disney-style brand, it said on Tuesday.
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Government imposes low duties on Chinese solar panels

The United States on Tuesday dealt a blow to U.S. manufacturers of solar panels and boosted shares in their Chinese rivals when it imposed preliminary punitive duties of less than 5 percent on imports from China.
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Angry Birds partners with major U.S. retail chain

Angry Birds maker Rovio is teaming up with a major U.S. retail chain to put its branded toys, books and T-shirts in dedicated areas of thousands of stores nationwide, the Finnish company's marketing chief told Reuters on Tuesday.
An Airbus A319

India To Boycott EU Airline Tax

India will call upon local airlines to boycott the European Union's carbon-offsetting tax, as an ongoing row over a recently-instated tax on flights in and out of Europe has sparked discontent from several nations and heightend fears of a trade war.
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Wall Street opens lower after run-up

Stocks fell at the open on Tuesday as equities paused after a 3-day winning streak for the S&P 500, which came within 10 percent of a historic closing high.
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Wall Street set to dip at open after run-up

Stock were set for a lower open on Tuesday as equities appeared ready to pause after the S&P 500 advanced for a third straight session, moving within 10 percent of its historic closing high.
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Futures drop after S&P nears record high

Stock index futures fell on Tuesday ahead of housing market data after the S&P 500 advanced for a third straight session, moving within 10 percent of its historic closing high.
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World focus shifting from value of China yuan: OECD

Critics of China's foreign exchange regime have shifted their focus from the value of the yuan to the mechanism in which its day-to-day level is set, the head of the OECD said on Tuesday, a fresh sign that currency may be near its equilibrium level.
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RBS to close down some Asian businesses: memo

Royal Bank of Scotland is closing its equity capital market and corporate finance units in South Korea and cash equities businesses in Indonesia, Singapore and Korea, according to an internal memo seen by Reuters on Tuesday.
The Chicago PMI continues to signal economic recovery for the region, although some business have become worried about rising energy costs

China To Raise Fuel Prices Amid Easing Inflation

China will raise its heavily regulated retail gasoline and diesel prices Tuesday by 6.4 percent and 7 percent, respectively, marking the biggest increase in 33 months, according to the National Development and Reform Commission.

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