CHINA

Indian woman tries on gold jewelry

India's Bullion Traders Halts Fresh Orders

India's bullion traders stayed away from placing fresh orders after a nearly 90 percent hike in gold import duty was announced earlier this week, while China's gold purchases slowed down ahead of the Lunar New Year holiday.

Yahoo Co-Founder Yang Resigns, Shares Rise

File photo of former CEO of Yahoo! Inc. Jerry Yang arrives at the Clinton Global Initiative in New York
Yang's abrupt departure comes two weeks after Yahoo appointed Scott Thompson its new CEO, with a mandate to return the once-leading Internet portal to the heights it enjoyed in the 1990s.
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China home prices fall for 3rd straight month

China's new home prices fell in December from November, a third straight month of declines, and analysts expect prices will fall further as Beijing sticks to its tightening campaign against the once-hot real estate market.
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Workers install scaffolding at a construction site as a Chinese national flag flies near by in central Beijing

China Arrests Another Dissident, Zhu Yufu, on Subversion Charges

Veteran dissident has been indicted by Chinese authorities on charges of attempting to subvert the state for writing a poem urging people to gather to defend their freedoms, his lawyer said Tuesday, the latest in a string of indictments or trials of popular dissidents this year.
Euro, global stocks fall

European Shares Hit 5 1/2-Month High

European shares hit a 5-1/2-month high on Tuesday before closing above a key resistance level, boosted by automobile and mining stocks after Chinese economic data raised hopes the country would further ease its monetary policy to stimulate growth.
TSX little changed, Kinross drop offsets China

TSX little changed, Kinross drop offsets China

Toronto's main stock index was slightly lower on Tuesday as losses from gold miners offset the impact of an early surge in commodity prices that were boosted by solid economic data from China and Germany.
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Wall Street rallies on China data

U.S. stocks gained on Tuesday as brighter sentiment about China's growth prospects overshadowed Europe's recent credit downgrades and a mixed bag of big bank earnings.
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Mail.ru launches Russia's answer to Twitter

Russian internet company Mail.ru has launched its answer to U.S. microblogging site Twitter, seeking to expand its business into social instant messaging and emulate the success of China's Weibo.
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NY Manufacturing's Growth Rate Rose in Jan - Fed

A gauge of manufacturing in New York State showed growth picked up in January, rising to the highest level in nine months as new orders and employment improved, the New York Federal Reserve said in a report on Tuesday.
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New York manufacturing growth accelerates in January

A gauge of manufacturing in New York State showed growth picked up in January, rising to the highest level in nine months as new orders and employment improved, the New York Federal Reserve said in a report on Tuesday.
An A380 aircraft is seen through a window with an Airbus logo during the EADS / Airbus 'New Year Press Conference' in Hamburg

Airbus Dismisses Financing Fears After Record Year

Aerospace group EADS batted away concerns over the financing needed to maintain a record wave of jet deliveries this year, as bumper orders from its Airbus unit and a major Japanese leasing deal provided fresh evidence of Asia's rising economic power.
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Wall Street jumps after China data

Stocks gained in early trading on Tuesday as Chinese data fueled the belief the government may move to stimulate growth, overshadowing recent credit downgrades in Europe and a mixed bag of big bank earnings.
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China policy easing ahead as growth hits 2-year low

China's economy expanded at its weakest pace in 2-1/2 years in the latest quarter, with the sagging real estate and export sectors heralding a sharper slowdown in coming months and fresh pro-growth measures from the government.
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Wall Street set to open higher on China data

Stocks were set to open higher on Tuesday as Chinese data fueled the belief the government may move to stimulate growth, overshadowing recent credit downgrades in Europe and a mixed bag of bank earnings.
Hang Seng Index

Chinese Stock Markets Surge 4.2 Percent

China shares on Tuesday surged 4.2 percent, their biggest one-day gain in more than 27 months, after Beijing reported that the world's second-largest economy grew faster than expected in the last quarter of 2011, although at its weakest pace in 2-1/2 years.
A man walks past an electronic board displaying Japan's Nikkei share average outside a brokerage in Tokyo

Japan's Nikkei Closes Higher

Japan's Nikkei average edged higher on Tuesday and recovered its footing after better-than-expected Chinese economic data and solid demand at a French treasury bill auction reassured investors in the wake of European debt downgrades.
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Burberry hit by slower U.S. sales growth

British luxury brand Burberry Group Plc reported a sharp slowdown in U.S. sales growth as it chose to cut back supplies for department stores to sell through their discount outlets, knocking its high-flying shares.

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