RECESSION FEARS: Despite a 1.25-percentage-point cut in the fed funds rate year to date, analysts are predicting more reductions ahead to jump-start the economy
US Federal Reserve Chairman Ben Bernanke, criticized last year for being too tentative in cutting interest rates, has now shown he can act boldly. But the US central bank's two aggressive rate cuts in the past eight days have still left investors demanding more.

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At the very least, Starbucks will smell like coffee again.

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US aerospace giant Boeing reported on Wednesday record profits last year and raised its outlook for this year, saying productivity gains would offset delays in its 787 Dreamliner program.

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POOR VISIBILITY: Analysts warned that the outlook for Amazon's margin was cloudy after sliding last quarter over rising technology investment and shipping costs
Amazon.com, the leading online retailer, had a lot of good news in its financial report on Wednesday, but it was overshadowed by just a small bit of bad news.

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Lenovo Group (聯想), the world's No. 4 personal computer maker, yesterday reported that quarterly profit rose 198 percent and forecast strong sales this year despite a possible US economic slowdown.

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■ ELECTRONICS

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