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China's Bank of Shanghai eyes listing in 2011 -paper

The Bank of Shanghai has submitted its listing application to the banking regulator and is targetting an initial public offering (IPO) this year, the Shanghai Securities News reported on Thursday, citing a government official.

China sees growth risk, not inflation, in oil surge

China sees growth risk, not inflation, in oil surge
Soaring oil prices will have little impact on Chinese consumer inflation, but will place considerable cost pressure on the country's manufacturers, a government adviser and ministry official said on Thursday.
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Gold steadies, inflation fears offer support

Gold steadied near seven-week highs on Thursday, as investor fears over inflation stemming from the spike in crude oil were partially offset by pockets of profit-taking after the market's 6 percent rise this month.

iPad 2 May Repeat Success Of iPad With New Features

Apple Inc., which revolutionized the tablet market with its launch of iPad in April 2010, will be reportedly launching its new iPad 2 at an event in San Francisco, California on March 2 with a launch date on early April.
Traders work on the floor of the New York Stock Exchange

US futures point to lower opening

Futures on major U.S. indices point to a lower opening on Thursday as oil prices continued surge due to continued turmoil and violence in Libya.
HK stocks may open lower as oil prices hit record

HK stocks may open lower as oil prices hit record

Hong Kong stocks are expected to open lower on Thursday, pressured by a surge in oil prices on fears turmoil in Libya could spread to other oil exporters in the region, and declines in global markets.
A pedestrian walks past the NASDAQ building in New York City

Nasdaq mulls NYSE bid in exchange deal dash

Nasdaq OMX Group Inc could launch a rival bid for NYSE Euronext to avoid being left on the sidelines, a source said, as traditional exchanges race to merge to see off upstart electronic rivals.
HP logo is seen outside Hewlett-Packard Belgian headquarters in Diegem

What HP Results Mean for Intel, Nvidia?

The weak top line results of HP and its tepid outlook clearly shows the weak demand for consumer PCs, partly due to the overwhelming demand for tablets that is eating into the sales of PCs.
Australian stock market

Asian stocks decline, oil prices surge on Libyan concerns

Most Asian stocks ended lower on Wednesday, led by declines from airlines as crude oil prices surged on growing fears that Libya may descend into a civil war after Colonel Moammar Gaddafi warned that he would never give up his power and would rather die a “martyr.”

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