CHINA

Iran Nuclear Talks Off To 'Completely Different' Start

Mahmoud Ahmadinejad
Months of saber rattling and diplomatic tension between Iran and the rest of the world have led to Saturday's nuclear talks, the first attempt at such negotiations since the last round fell apart 15 months ago. On Saturday, though, an unnamed diplomat told Reuters that the multilateral talks began with a completely different atmosphere than had occurred in previous meeting in early 2011.
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Citigroup

Citigroup's 1Q Earnings Expected To Be Flat

Analysts expect quarterly revenue of $19.85 billion, which would be a bump up from the $19.73 billion Citi posted a year ago. Net income is expected to be 99 cents a share, compared with $1 a share in the first quarter of 2011.
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Wall Street set to end week lower; banks lead losses

Wall Street was on track to end the week lower on Friday as the rising cost of insuring Spanish debt against default increased worries about Europe's financial health, sparking a selloff in financial stocks.
A customer looks at laptops at a Dell outlet in Beijing

HP Keeps PC Crown But Asian Vendors Take Share

Hewlett-Packard Co. (NYSE: HPQ), the No. 1 PC vendor, kept its crown in the first quarter and added share as worldwide PC shipments rose 1.9 percent, market researcher Gartner (NYSE: IT) said.
New VW cars are covered with protective covers before loaded for export on a transport ship at the harbour in Emden

Volkswagen 1Q Sales Reach Record 2 Million Cars

Volkswagen Group’s global first-quarter sales surpassed 2 million vehicles for the first time in the company’s history as North American and Chinese sales rose dramatically, the company announced Friday.
The Nissan logo on a car.

Nissan Expanding Chinese Operations

Nissan Motor Co. will invest as much as 40 billion yen, $494 million, to build a fourth Chinese factory through its joint venture with Dongfeng Motor Group Co., Nikkei reported Friday.
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Weak China GDP growth no signal for fresh stimulus

Speculation that China's weakest quarter of annual economic growth since the global financial crisis will trigger a flood of policy support to fight the downturn misses a crucial point - the taps are already turned on.
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Futures fall on Spanish yields, China GDP

Stock index futures fell on Friday as concerns over Spain's rising borrowing costs resurfaced and after disappointing Chinese growth data, and banks fell after quarterly results.
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Chinese economy slows to near 3-year low

China's economy grew at its slowest in nearly three years in the first three months of 2012, with a weaker than expected reading raising investor concerns that a five-quarter long slide has not bottomed and that more policy action would be needed to halt it.
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China Q1 GDP eases to near 3-year low, soft patch persists

China's economy grew at its slowest in nearly three years in the first three months of 2012, with a weaker than expected reading raising investor concerns that a five-quarter long slide has not bottomed and that more policy action would be needed to halt it.

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