CHINA

Ayatollah Ali Khamenei

Obama's Message To Iran: Civilian Nukes Could Be OK

President Barack Obama reportedly sent a message to Iran's Supreme Leader Ayatollah Ali Khamenei, via Turkey's prime minister, saying the United States would accept a civilian nuclear program in the Islamic republic.

Gas Prices in China Cause Outrage

Chinese Gas Station Swamped
Faced with rising gas prices, Chinese citizens are becoming increasingly frustrated. In late March, the price at the pump in China for regular gasoline reached over 8 yuan per liter, or over $4.8 per gallon. Premium gasoline in China now sells for more than $5 per gallon.
Alcoa Inc. (NYSE: AA)

Alcoa Cuts Alumina Capacity; 1Q Report Due Tuesday

Alcoa Inc., the U.S. aluminum giant, said Thursday it will reduce its annual total alumina production capacity by 2 percent this year, aimed at matching output with its plans to reduce smelter capacity amid global oversupply that has hurt prices.
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A Buick Excelle on display in Shangai

GM China Sales Up On Demand for Buick Excelle

GM sales in China rose sharply in March, a somewhat unexpected increase, as competitors in the country are seeing only modest gains. Sales were driven into high gear by the six-speed Buick Excelle, a luxury sedan manufactured locally that -- at over $20,000 -- is an icon of achievement for the burgeoning upper middle-class in China.
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Volvo to spend $11 billion over coming years

Swedish carmaker Volvo , owned by China's Zhejiang Geely Holding Group Co Ltd, plans to spend $11 billion on developing new products and boosting its manufacturing footprint in the next few years, a company spokesman said on Thursday.
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US Stock Index Futures Signal Slightly Higher Open

Stock index futures pointed to a slightly higher open on Wall Street on Thursday with futures for the S&P 500 and Dow Jones up 0.3 percent, while Nasdaq 100 futures were up 0.1 percent at 04.08 a.m. EDT.
New York Auto Show 2012

From The Bugatti To The Terrafugia 'Transition,' Photos Of The Hottest Cars At The 2012 New York Auto Show

A $1.9 million car, an eco-friendly Batomobile and a flying car all sat under one roof at the 2012 New York International Auto Show. The NY Auto Show kicked off on Wednesday at with brands like Maserati, Mercedes, BMW, Lexus, Infiniti, Land Rover and more showing off their up-and-coming vehicles for 2013 as well as concept cars that some might not even dream could exist. Here are some of the hottest cars of the event.
U.S. President Obama shakes hands with China's President Hu during expanded bilateral meeting in Seoul.

The Race Against Time: America vs. China

China's rise has unsettled many Westerners, especially Americans who fear Chinese influence could overwhelm that of the U.S. As the U.S. struggles through economic recovery, will China seize its chance to lead the world?
China

China’s Premier: Bank Monopoly Must Be Broken

China’s Premier Wen Jiabao called the country’s state-owned banks a “monopoly” that has to be broken to allow freer flow of capital to loan-hungry smaller businesses, as the world’s second largest economy appears to have skidded to its slowest growth in three years.

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