China likely to cut reserve requirements (RRR) early in Y 2012 China will further cut reserve requirements in Y 2012 to pump liquidity into the Country’s banking system, but that will not indicate a shift in its monetary policy, a senior economist said. Wu Xiaoling, a former deputy governor of the People’s Bank of China, [...]

Major global companies including Motorola Mobility, Deutsche Bank, Bloomberg, Method and BD (Becton, Dickinson and Co.) announced their commitment to use at least 25 percent wind energy and become certified under the new WindMade™ consumer label at a Global Launch event in New York last week. The label allows participating companies to communicate the share [...]

Greek Tragedy becomes Global Circus The literally hundreds of Powerless politicians in Europe continued inflicting damage on world markets as the ability of the EU to act on anything is now in question, exchanges plunged at the prospect of a Greek referendum on the eurozone debt rescue plan agreed only with great difficulty last week. [...]

On Monday: Humana and Wipro, before the open and after the close, Allstate, Anadarko Petroleum and Winn-Dixie Stores report On Tuesday: AmerisourceBergen, Archer-Daniels Midland, Baker Hughes, Charter Communications, Emerson, Entergy, FirstEnergy, HCA, Henry Schein, Marathon Petroleum, Pfizer, Tenet Healthcare, Thomson Reuters and Valero Energy before the open and after the close, Discovery, EOG Resources, Hertz [...]

Chinese Yuan to become a Global reserve currency China’s currency the RMB Yuan is expected to become an important Global reserve currency, although it will not challenge the USD’s dominant role in the International monetary system yet, said a U.S. economist Wednesday. In the short term, the USD status in the World remains unrivaled, but [...]