CHINA

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.

The Race Against Time: America vs. China

U.S. President Obama shakes hands with China's President Hu during expanded bilateral meeting in Seoul.
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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Apple-mania spreads, Piper Jaffray sees $1,000 stock

Apple Inc shares set a record high on Tuesday after Piper Jaffray supported Topeka Capital Market's assertion that the stock should breach $1,000 in a year or two, propelled by emerging markets growth and new products that could include a revolutionary TV set.

Apple iPhone 5 Release Date 2012: Foxconn Recruiter Says June Launch [RUMORS]

A recruiter for Foxconn, the largest manufacturing partner of Apple products, told reporters from TV Tokyo's World Business Satellite that Apple's sixth-generation iPhone, presumably called the iPhone 5, will be released in June. He added that Foxconn is hiring about 18,000 workers to kick production of the new smartphone into high gear before summer.
Hong Kong Wine

Sotheby's Toasts Stellar HK Wine Sales, Art Sales Mixed

Global auction house Sotheby's kicked off its spring sales in Hong Kong by selling all lots in a two-day wine sale, outstripping expectations, but the picture was less clear for its Asian and Chinese art sales as buyers became more selective.
Wen Jiabao speaking at the 5th "Honest Politics Work Meeting"

China's Wen says bank monopoly must be broken: state media

China's state banks make money too easily and their monopoly on financial services has to be broken if cash-starved private enterprises are to get access to capital when they need it, state media cited Premier Wen Jiabao as saying on Tuesday.
Portraits of North Korea's President KimJong-Il, Sudan's President Omar Al-Bashir, Chad's President Idriss Deby and Iran's President Mahmoud Ahmadinejad are seen painted on concrete blocks from the Berlin wall in Berlin

Why Are We Choosing Socialism?

America is in the process of embracing certain failure. We have a president who appears enraptured by the European economic model as Europeans themselves are facing the reality of its ashes and despair.
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Banking, shopping and job hunting online

Banking and keeping track of finances, shopping and searching for jobs are the main tasks of Internet users around the globe, according to a new international survey.

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