CHINA

Apple CEO in China mission to clear up problems

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Apple Inc Chief Executive Tim Cook has jetted into China for talks with government officials as he seeks to clear up a pile of problems in the firm's biggest growth market, from its contested iPad trademark to treatment of local labor.
Apple CEO Tim Cook talks to employees at an Apple store in central Beijing

iPhone 5: What is Apple CEO Tim Cook Doing in China?

Tim Cook has taken a step that Steve Jobs never did: Visit China. This is the first time an Apple CEO has visited the country in an official capacity, several sources report, including Apple-centric blog AppleInsider.
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US Stock Index Futures Signal Further Gains

Stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500 up 0.25 percent, Dow Jones futures up 0.29 percent and Nasdaq 100 futures up 0.36 percent at 0920 GMT.
iPhone 5 Release Rumor

iPhone 5 Release Rumor: Why Apple Is Caught Between June and October Launch Options

After Apple's New iPad whirlwind, it's now the turn of iPhone 5 to create ripples in the tech market. The speculated features often range from likely to bizarre, but rumors regarding the release of the latest Apple smartphone are slowly yet strongly gaining traction. The latest speculation about the release of the purported iPhone 5 has it that Apple will unveil its fabled phone in either in June or in October.
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Asian Shares Up, Dollar Down On Bernanke Statement

Asian stocks rebounded Tuesday and the dollar eased after Federal Reserve Chairman Ben Bernanke said ultra-loose monetary policy was still needed to reduce unemployment even though the U.S. economy has shown signs of improvement.
Italy Wine

Italy Winemakers Seek Fashion Boost on Global Stage

Italy's top winemakers are joining forces with the country's luxury goods elite as the world's second-biggest wine producer tries to give itself an edge in the battle for U.S. and emerging market customers amid falling consumption at home.
Cartier

Richemont Appoints de Quercize To Head Cartier

Swiss luxury goods group Richemont on Monday named group veteran Stanislas de Quercize as chief executive of top-of-the-range jewellery and watch maker Cartier, which makes a big chunk of group profit.
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BMW recalls 1.3 million cars worldwide

BMW AG , the world's largest premium carmaker, is recalling about 1.3 million cars for repair worldwide due to a possible problem with a battery cable cover in the trunk, the carmaker said on Monday.
Bank of China

China Banking Outlook: Profits Marred By Bad Loans

After years of strong growth, China's biggest banks could face a slump in 2012. Analysts warned that an economic slowdown could trigger defaults by real estate developers and the increase in bad loans would erode Chinese banks' profitability this year.
An anti-nuclear activist shouts slogans during a protest in Seoul

Activists Protest At South Korea Nuclear Summit

As heads of state gathered for talks, demonstrators chanted: No nukes Asia, no nukes Korea, No nukes [America], no nukes anywhere! Many cited the disaster at power plants hit by the March 2011 earthquake and tsunami in Japan as proof of nuclear power's inherent risks.
Veladero gold mine in Argentina

Gold Up 1% On Bernanke Comments

Gold prices rose 1 percent on Monday after comments from U.S. Federal Reserve Chairman Ben Bernanke that faster growth will be needed to boost employment supported expectations that further quantitative easing measures may be necessary.
Tim Cook

Apple CEO Time Cook In China: Is IPhone 5 On Brink Of Release?

Apple CEO Tim Cook has been spotted in China, at the Beijing Xidan province Apple Store, which many believe to be the company's largest in terms of sales. But many Apple-rumor gurus believe that Cook's trip to Beijing was for far more than met the eye.

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