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G20 should better represent Africa: Botswana

Africa should have a greater presence in the Group of 20 nations rather than be largely excluded and simply told how to run their economies, Botswana's central bank governor said on Thursday.

iPad Lifts Apple To World's Third Largest PC Maker

Apple became the third largest PC vendor in the fourth quarter of 2010, helped by strong sales of iPad and Mac as well as fast growth in the Asia Pacific region, according to the latest report from Canalys.

Fed cautious on recovery, focused on joblessness

The Federal Reserve showed on Wednesday it was in no rush to cut short its rescue of the U.S. economy, saying high unemployment still justified its $600 billion bond-buying plan even though the economy has

Pre-Market NASDAQ Movers (FLWS, NFLX, NEI, ABBC, QCOM, REXX, SBUX, ETFC, CHNG, RIMM)

The top pre-market NASDAQ stock market gainers are: 1-800-Flowers.com, Netflix, Network Engines, Abington Bancorp, and Qualcomm. The top pre-market NASDAQ stock market losers are: Rex Energy, Starbucks, E*Trade Financial, China Natural Gas, and Research In Motion.

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China's economic micromanaging unsustainable: Belgian minister

Belgium's economy minister said on Wednesday that heavy state involvement in emerging market economies is unsustainable, and it urged China to open sectors up to foreign companies.

Apple supports China Mobile's TD-LTE tech -report

Apple Inc (AAPL.O) fully supports China Mobile's next generation TD-LTE technology and talks are ongoing over a possible iPhone tie up with the carrier, China Mobile's chairman was quoted as saying.

Mexico gets helping hand from costlier China labor

The Mexican economy is getting a helping hand from unlikely allies: Chinese workers whose rising wages are leading more companies to build factories in Mexico.

South Korea names date for powwow with North

South Korea today proposed a time and place to meet with North Korea, following an agreement the nations reached last week to resume talks. The meeting is projected to take place on Feb. 11 in the Demilitarized Zone that separates the two nations.

U.S. students lag in science, tests say

In his State of the Union address last night, President Obama devoted several lines to the slumping stature of U.S. education, by our own standards and globally.

Medvedev defends Russia in Davos keynote speech

In his opening speech at the Davos world economic forum in Switzerland, Russia’s President Dmitry Medvedev touched on a number of subjects, including why he was late to the confab – the suicide bombing in a Moscow airport that killed 35 people.

Air Mauritius to start direct flights to China

Air Mauritius will fly direct to China from July in a move it hopes will help boost tourism in the Indian Ocean island, which is suffering from the downturn in Europe.

SOHO China sees little impact from property curbs

China's harsh measures to cool its booming property market is having limited impact on prices, property developer SOHO China's (0410.HK) chief executive said, underscoring the government's difficulty to curb credit growth on all fronts.

Gree to tie-up with China's Tencent Holdings

Japanese mobile social gaming firm Gree Inc said Wednesday it would tie-up with China's Tencent Holdings, giving it access to a market where 120 million people already play mobile games.

Saudis boost term crude sales to China as oil use jumps

Saudi Arabia will boost contract crude sales by 10 percent to Asia's biggest refiner Sinopec this year as the world's top oil exporter cements its share of the world's fastest growing fuel market.

Is Davos 2011 the greatest concentration of wealth in history?

The gathering of business elites at Davos may witness the greatest concentration wealth in any one locale in history.

Trust in business tumbled in 2010: survey

Americans' trust in institutions of all kinds dropped last year as persistently high unemployment sapped people's confidence in business and government, a newly released study found.

China to invest $121.5 bln on building 10 more mega nuclear reactors

World’s most populous country China plans to build 10 more mega nuclear reactors, in addition to 25 currently being built, at an investment of $121.5 billion to boost atomic power generation to meet its energy requirements.

China's central bank in Oct. 2010, surprised with its first increase of interest rates in nearly three years, a move that reflects its concern about rising domestic asset prices and stubborn inflation.

Chinese banks raise lending rates by 10-45 pct as new loans surge

Some Chinese banks have increased interest rates on loans by 10-45 percent, alarmed by a surge in credit growth in January.

Pakistan decries help for India nuclear arms plans

Pakistan warned major powers on Tuesday against granting rival India membership of four key multilateral export control regimes that allow trade in nuclear and other materials, as proposed by the United States.

Inflation rattles corporates in India, China

Corporations in China and India have been riding on strong domestic economies, much to the envy of the West, but they now worry that runaway inflation could hit growth.

Stringent selection at Shanghai McDonald’s University inspires comparison with Harvard

McDonald's opened the latest Hamburger University in Shanghai in 2010, getting into which has a probability of less than 1 percent.

Road transport minister Kamal Nath speaks in New York, May 8, 2008

Cabinet reshuffle boosts focus on urban growth

A ministerial reshuffle has signalled India may give sorely-needed focus to the development of its burgeoning cities, whose erratic expansion is seen as a major brake on economic growth.

Facebook, MySpace, YouTube - most blocked, most allowed sites

A report from OpenDNS shows that the social networking sites Facebook, MySpace and YouTube are among the most blocked and the most allowed websites.

China banks ratchet up lending rates to ration credit

Some Chinese banks have drastically raised interest rates on loans to comply with government orders to rein in credit growth after another lending surge at the start of the year, state media reported on Wednesday.

Obama's State of the Union Speech Prepared Remarks 2011 (FULL TEXT)

The following are the prepared remarks of President Barack Obama's State of the Union Speech as released by the White House and set to be delivered on Tuesday evening starting around 9 p.m.

Analysis: China prism focuses Pentagon budget on new weapons

China's test flight of a prototype stealth fighter will help insulate U.S. weapons spending against deeper cuts sought by deficit hawks and add momentum to efforts by Defense Secretary Robert Gates to redirect precious budget dollars to future threats.