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World Bank estimates global economic growth rate at 2.4% in 2013

World Bank on Tuesday released its baseline economic forecast, predicting that global economy would grow at rate of 2.4% in 2013 before strengthening to 3.1% in 2014.

Australian consumer confidence edges up in Jan.

Australian consumer confidence rose slightly in January after a fall of 4.1 percent in the previous month, a survey released on Wednesday by Westpac Banking Corp and the Melbourne Institute showed.

U.S. stocks mixed, starting busy earnings week on weak note

U.S. stocks closed mixed Friday on news of Dell' s possible privatization and reports of Apple' s reduced orders for iPhone 5 parts as a busy earnings week of large companies and banks kicked off.

•	Debt, gov't dysfunction surpass unemployment to become Americans' top concerns: survey
•	U.S. oil edges up in choppy trading
•	Gold ends higher amid easing speculation
•	Poly Real Estate profits rise 28.69%
•	China's stock index futures open lower Monday

China's 2012 tax incomes rise 11.2%

China collected 11.07 trillion yuan (1.76 trillion U.S. dollars) in taxation last year, an increase of 11.2% year on year, State Administration of Taxation data showed Wednesday.

China to open up mobile telecom sector

China is planning to allow privately-owned companies to enter the mobile telecommunications sector in a bid to promote competition in a field that is dominated by three telecom giants.

Luxury automakers see bright future

Though the global economy is struggling for full recovery, many luxury automakers at North American International Auto Show told reporters their sales had never been better and they were expecting a double-digit growth for 2013.

China Economy >>

•	China's 2012 tax incomes rise 11.2%

•	China's outbound investment accelerates in 2012

•	Forex funds rebound over stronger trade, yuan

•	China Focus: Office established to handle forex reserve loans

•	China's H2 GDP growth to quicken: DB

Industries >>

•	Hyundai Heavy wins 600 mln USD containership order

•	Automakers try to appeal to younger buyers

•	Australian new vehicle sales up 2.2% in Dec.

•	S.Korean insurers' household loans continue to rise

•	Luxury automakers see bright future

World Economy >>

•	Cambodia's economy to grow by 6.7% this year: WB

•	S. Korea cautions over possible currency war

•	Portuguese economy expected to shrink by 1.9% this year

•	Australian consumer confidence edges up in Jan.

•	World Bank estimates global economic growth rate at 2.4 pct in 2013

Trade >>

•	Philippine remittances rise 7.6 pct on year in Nov.

•	Indonesia not to aggressively cut crude palm oil export tax: official

•	Iran's rice imports rise by 3.3 percent

•	Iran's car exports record three-fold rise

•	Bangladeshi trade deficit narrows amid global financial woes

Finance >>

•	Seoul shares end higher

•	S.Korea's state-run lender raises 1 bln USD via dollar bonds

•	Nikkei opens 1.02% lower

•	Dollar trades at upper 88-yen level in early Tokyo deals

•	Canadian stock market rises on U.S. sales data

Opinion >>

•	News Analysis: China to open up mobile telecom sector

•	News Analysis: Will 2013 economic outlook bode well for Hollande?

•	News Analysis: China needs to address challenges to make yuan a global currency of choice

•	News Analysis: Stable Chinese economy to boost global growth

•	News Analysis: China's economy to gather steam in 2013

Video >>

Apple shares fall on weak demand

China to enter phase of moderate growth: report

China should focus trade with ASEAN neighbors

China's CPI rises 2.5% in December

Biz China Weekly >>

Jan. 7 - Jan. 13

More government measures and reforms coming together with picking up external demand will bring China's economy a better outlook for the year of 2013.

Special Reports >>

U.S. Fed expands QE3 to boost economy

China targets quality, efficient growth in 2013

Global Financial Crisis

Doors opened for China's private investment

	9 killed, 28 injured in Jilin mine accident

	Military operation in Mali to last "few weeks": Malian FM

	Over 500 victims of landslide move to makeshift tents in Yunnan

	Rally held in Yemen for demanding release of prisoners

	Obama urges Congress to raise U.S. debt ceiling

	China to curb auto emission due to air pollution\| Discuss

	China to "carefully study" tax policies

	Egyptians protest against constitution in Cairo

	Pakistani apex court orders arrest of PM

	Military train derails in Egypt, killing 19