CHINA

An illustration picture shows the log-on screen for the website Facebook, in Munich February 2, 2012.

It's A Tale Of Two Countries -- China, US -- In The IPO Market

Proceeds of initial public offerings listed in the United States were relatively light in the first quarter, but they are likely to get absolutely heavier in the second quarter -- especially should Facebook Inc. conduct its anticipated $5 billion IPO in May.

New Round Of Iran Nuclear Talks To Target Enrichment

Iran
The United States and its allies are pressing for an end to Iran's high-level uranium enrichment and the closure of a facility built deep under a mountain as talks on Tehran's nuclear standoff with the West resume this week.
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Reforming Myanmar targets boost in rice exports

Myanmar plans to increase rice exports by almost a fifth to 1 million tons in the current fiscal year (2012-2013), owing partly to international help in reviving its agriculture sector, state media said on Saturday.
Ruyao Washer

Record-Breaking Bowl Shines at Sotheby's Asia Sales

An unidentified buyer smashed the world auction record for Chinese Song dynasty ceramics after a bidding war for a 900-year-old bowl on the final day of Asian spring sales for global auction powerhouse Sotheby's.
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.
Chinese Gas Station Swamped

Gas Prices in China Cause Outrage

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.
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.

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