Gold price topping 25-year high in India
The price of 24 carat gold in India reached a 25-year high of over 9,000 rupees (209 US dollars) per 10 grams Monday while experts said it will soar further, Indo- Asian News Service reported.

China vows copyright piracy fight
Apr. 11 – China vowed to step up its fight against piracy of intellectual property ahead of a Sino-U.S. presidential meeting next week.

Sino-Indian trade to top US$20 billion this year: officials
The bilateral trade between China and its neighbor India is expected to exceed 20 billion U.S. dollars this year, and the figure may reach 100 billion dollars in six years, trade officials said Monday.

US$350 million quota boost for QFIIs
China’s foreign exchange authority has awarded US$350 million in investment quotas to three qualified foreign institutional investors (QFII), the official China Securities Journal reported. The three QFIIs are JP Morgan Chase Bank, DBS Bank and JF Asset Management. Overseas investors in China are allowed to hold tradable shares only through QFIIs. The State Administration of Foreign Exchange (SAFE) said the 39 QFIIs, which have been awarded a total investment quota of US$6.32 billion since the scheme was piloted in December 2002, had helped the reform and innovation of China’s capital markets.