CHINA

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Geithner urges more currency flexibility

Treasury Secretary Timothy Geithner said on Thursday that key emerging-market nations must let their currencies rise in value in order permit more stable global growth.

Japan to Cut Iran Oil Imports

Iran Japan UAE
Japan has joined the U.S. in its economic efforts to pressure Iran to abandon its nuclear program by agreeing to buy less Iranian oil.

Several Airlines Embrace CO2 Trade, Buy Permits

airline profits plunge
Several big airlines are taking advantage of European carbon law by snapping up emission allowances at bargain prices, tuning out an outcry against the scheme by many non-EU airlines and shoring up demand in a market that saw prices cut in half last year.
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China December inflation eases to 15-month low

China's annual inflation eased to 4.1 percent December, the lowest level in 15 months, giving the government more room to tilt economic policy away from restraining prices and towards supporting sagging growth.
Harper to visit China, s

Harper to visit China, seeking higher oil sales

Prime Minister Stephen Harper plans to visit China next month as his government looks to open new markets for oil sands crude in the wake of Washington's decision to delay approval of a major pipeline from Alberta to Texas.
Cienega silver mine

Gold Prices Move Above Key Level on Strong Asian Demand

Gold prices extended gains into the second day on Wednesday, rising above the closely-watched 200-day moving average. The yellow metal is trading at around its highest level in a month, supported by strong physical demand from India and China.
Avion Gold mine blasting

Gold Climbs to Highest in a Month on Chinese Demand

Gold rose for a second day on Wednesday, hitting its highest in a month, as evidence of strong demand from major consumerChina helped boost the price above a key technical level, and offset the impact of a softer euro.
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China's Internet users breach half billion mark

The number of Internet users in China have crossed the half billion mark, reaching 505 million users at the end of November last year, the China Internet Network Information Center reported.
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U.S. may overtake China's rich in Rolls Royce race

Luxury carmaker Rolls-Royce Motor Cars Ltd, owned by German automotive giant BMW AG , said its U.S. sales could overtake China this year, revving up the British company for record global revenue in 2012, its chief executive said.
Gold

Gold Hits 4-week High, India Buying Active

Gold hit a four-week high and broke above a key resistance on Wednesday, defying a stronger dollar, as the festering euro zone debt crisis lured investors to its safety and signs of strong demand from the world's top two consumers also supported.
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Lenovo K800 Unveiled: Intel-Based Smartphone to Hit China First

The best of Intel computing is coming to smartphones, Otellini told his CES keynote audience.Our efforts with Lenovo and Motorola Mobility will help to establish Intel processors in smartphones and provide a solid foundation from which to build in 2012 and into the future, added the CEO, as per the report.

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