CHINA

Chinese Premier Wen Jiabao reacts during a news conference in Doha

China Has Stake in Helping Eurozone in Crisis: Wen Jiabao

China has a stake in helping the Eurozone countries get through their debt crisis, Chinese Premier Wen Jiabao said in comments published on Sunday, pointing to Europe's importance not only as an export market but also as a source of technology.

Russia, China Veto UN Resolution Asking Assad to Quit

UN Meet on Syria
The high-level diplomatic setback came after world leaders and Syrian opposition activists accused Assad's forces of a massacre in a sustained shelling of Homs, the bloodiest episode in 11 months of upheaval in the pivotal Arab country.
The U.N Security Council votes on a European-Arab draft resolution endorsing an Arab League plan calling for Bashar al-Assad to give up power in New York

China and Russia Veto U.N. Resolution Against Syria’s Assad

China and Russia have vetoed a resolution by the U.N. Security Council calling for the resignation of Syrian President Bashar al-Assad amid worsening violence in that country. The resolution backed a similar resolution proposed earlier by the Arab League.
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Jaguar aircraft

India's Military Buildup May Be Too Little Too Late

ndia's 1.3 million-strong armed forces, hobbled by outdated equipment and slow decision-making, are undergoing an overhaul as defence priorities shift to China from traditional rival Pakistan. It took 11 years to select France's Rafale.
A worker performs a quality test on automobile parts at a factory in Ludhiana, in the northern Indian state of Punjab on Jan. 18, 2012.

Global Manufacturing Buzzing So Far in 2012

Almost every major global economy showed positive momentum in the manufacturing sector during January, according to data compiled by various economic-research organizations.
Ron Paul

Ron Paul 2012: Why Does he Have Insane Internet Support?

The libertarian Congressman from Texas hasn't had a real-world victory in any of the four Republican presidential primaries held so far. His best performance was in Iowa caucuses where he was placed closely behind the GOP frontrunner Mitt Romney, drawing 21.5 percent of the total votes cast. However, Paul, unmistakeably, happens to win - with an overwhelmingly high margin - almost every online election poll, regardless of whether it is hosted by mainstream media or by a niche politica...
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China Cabinet Economist Warns of 'Deflation' in 2012

China's headline consumer price index is on track to fall on a month-to-month basis in the coming months and mark a year-on-year decline in the second half of 2012, a government economist said in comments published on Friday.
Asian Stock Market

Asian Shares, Euro Fall Ahead of U.S. Jobs Data

Asian shares and the euro fell on Friday as debt restructuring talks between Greece and its creditors dragged on, undermining sentiment, and investors sat tight ahead of U.S. jobs data that will offer more clues on the health of the world's top economy.
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Electric Vehicle Market Competition on a Rapid Rise: Study

More than 45 auto manufacturers are expected to be competing globally in the electric vehicle market with approximately 75 models by 2015, according to a study from IHS Automotive Supplier Business. Depending on the strength of the global recovery of automotive markets and the speed with which the electric vehicle (EV) models are marketed and the supporting infrastructure, cumulative sales are expected to total 700,000 to 1 million.
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Asian Stocks, Euro Slip as Investors Await U.S. Jobs Data

Asian shares and the euro fell Friday as caution set in ahead of key U.S. jobs data, which will offer more clues over the state of the world's largest economy, while Greek debt restructuring talks dragged on and undermined sentiment.
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Russia Threatens to Veto Syria Resolution at U.N.

Russia shot down suggestions from some U.N. Security Council members of an imminent deal on a draft resolution aimed at stopping Syria's bloody upheaval, warning it would veto the current text if it were put to a vote on Friday.
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Asian Markets Flat, Awaiting U.S. Jobs Numbers

Asian shares and major currencies were stuck in ranges Friday ahead of key U.S. jobs data, which will offer more clues over the state of the world's largest economy, while Greek debt restructuring talks dragged on.
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AMD's CEO Prepares Chipmaker for a Fight

Advanced Micro Devices' new chief executive delivered an enthusiastic pitch in his debut before Wall Street analysts, telling them he was getting the struggling PC chipmaker fit to fight in a quick-changing computer industry.
Louis Vuitton

LVMH Profit Beats Forecasts, Sees 'Excellent' 2012

LVMH, the world's biggest luxury goods group, said the outlook for 2012 was excellent and hiked its dividend after rapid growth in Asia and at its Louis Vuitton brand helped it post a forecast-beating rise in full-year operating profit.
Rupee

Rupee Hits 3-month High

The rupee hit a three-month high on Thursday, encouraged by gains in domestic equities, and after manufacturing data in China and Germany boosted investor appetite in high-yielding emerging market assets.

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