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Joblessness, rising prices may fuel unrest: IMF chief

The world economy is beset by problems such as high unemployment and rising prices which could fuel trade protectionism and even lead to war within nations, the head of the International Monetary Fund warned on Tuesday.
Growing chaos at Cairo Airport, tourists scramble to flee Egypt.

Growing chaos at Cairo Airport, tourists scramble to flee Egypt

With the government blocking Internet and cell phone connections in Egypt for the fifth consecutive day, the scene is one of complete chaos at the Cairo International Airport as tourists flock to escape the growing disturbance in the country.
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Gold marks slight loss for day and month

Gold fell on Monday, notching its first monthly decline in six months, as strong U.S. factory and spending data coupled with fading worries about the euro zone debt crisis put a damper on the metal's rally.

U.S. envoy to China, with eye on 2012, to step down

U.S. Ambassador to China Jon Huntsman has told the White House he plans to resign, fueling speculation he may be laying the groundwork to run for the Republican presidential nomination in 2012.

As Myanmar parliament opens, junta's shadow looms large

An elected parliament convened in Myanmar on Monday for the first time in half a century but inspired scant enthusiasm among a sceptical public convinced it is just a smokescreen for continued military rule.

South Korea rejects North's call for earlier military talks

South Korea on Monday rejected a push by the North to bring forward military talks by 10 days, saying it was not enough time to prepare for their first dialogue since the North's deadly attack against a border island last year.

Chesapeake, CNOOC strike second shale deal for $1.3 bln

CNOOC Ltd will pay $1.3 billion in its second shale deal with America's Chesapeake Energy Corp , the latest move by China's top offshore oil producer in its aggressive drive for overseas acquisitions.

Analysis: China bank gains political clout in inflation fight

China's central bank, more hawkish on inflation than other parts of the government, has gained more policy-making power in recent months by outmaneuvering pro-growth factions in wrangling over the economic outlook and bank loans.
China CCB gets regulatory approval for insurer stake

China CCB gets regulatory approval for insurer stake

China Construction Bank (CCB) (601939.SS) (0939.HK) has won approval to buy a combined 51 percent stake in Pacific Antai Life Insurance, the official Financial News reported on Monday.
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Governments, firms evacuate citizens from Egypt

Governments, airlines and tour operators worked together on Monday to fly their nationals out of Egypt where protesters pressed their campaign to topple President Hosni Mubarak.

China, Brazil office rents soared in 2010 - survey

Prime office rents in key Chinese and Brazilian cities will continue their economic growth-fuelled rise in 2011, a survey said, prompting global property investors to chase deals in those emerging markets.

Japan rare earths imports from China jump in Dec

Japanese imports of rare earths from China rose six-fold in December from November, reflecting a resumption of trade after Beijing's de-facto ban on shipments halted flows of the minerals for two months since late September.

Apple, HTC Remain Top Picks in Wireless Quarter Recap: Analyst

Robert W. Baird said it have complied a brief recap of the initial fourth quarter big-cap wireless winners and losers. In the Smartphones division, the winners are Apple and HTC on strong results and guidance, while the losers are Nokia and Motorola Mobility.
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Gold eases as Egypt rally loses steam

Gold eased on Monday after posting its largest daily gain in eight weeks on Friday and while the market did encounter some safe-haven buying on the back of the unrest in Egypt, this was expected to be temporary.

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