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China, Taiwan to seek cooperation as heads of ruling parties meet

SHANGHAI, May 3- The leader of Taiwan's Nationalist Party will sit down with Chinese President Xi Jinping in Beijing on Monday in the first meeting between the heads of the ruling parties in the two rival states in more than 60 years. Xi, as head of China's ruling Communist Party, will host Taiwan's Chu in the first meeting of its kind since defeated Nationalist...
Source: Reuters | By: Sue-Lin Wong
Chairman of Taiwan's ruling party visits mainland

SHANGHAI- The chairman of Taiwan's ruling Nationalist party said Sunday that further cooperation between the Chinese mainland and Taiwan was of utmost importance ahead of expected talks with President Xi Jinping as the former bitter enemies continue their 2- decade-old rapprochement. Yu also said the forum could discuss ways for Taiwan to participate...
Source: The Associated Press
Lightning Round: Throwing the red flag on this!

Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.
Source: CNBC.com | By: Abigail Stevenson
Taiwan party chief says to talk to China's Xi about new global bank

Eric Chu's meeting with Xi, who also heads China's Communist Party, will be the first meeting between the heads of the two parties since defeated Nationalist forces fled to Taiwan at the end of the Chinese civil war in 1949.. China views Taiwan as a renegade province. Most countries, including the United States, do not recognise Taiwan as a nation due to pressure...
Source: Reuters
UPDATE 2-Visa forecasts current-quarter profit below Street

*Q2 EPS 63 cents/ shr vs est 62 cents. April 30- Visa Inc, the world's largest credit and debit card company, forecast profit below Wall Street expectations for the current quarter, hurt by continued pressure from lower crude prices and a strong dollar. The company forecast third-quarter earnings per share 6- 8 cents lower than analysts' expectations.
Source: Reuters | By: Amrutha Gayathri
UPDATE 1-American Express told it cannot enforce anti-steering rules against merchants

NEW YORK, April 30- Merchants unhappy with the fees American Express Co charges them may steer customers toward less expensive cards without fearing retaliation from the credit card company, a federal judge ruled on Thursday. Judge Nicholas Garaufis in Brooklyn federal court said American Express may not stop restaurants and stores, for instance, from...
Source: Reuters
4 Internet stocks to buy on earnings moves

"Fast Money" traders discussed how to play LinkedIn's battering and FireEye's pop in post-earnings trading.
Source: CNBC.com | By: Jacob Pramuk
Your first trade for Friday

The "Fast Money" traders give their final trades of the day.
Source: CNBC.com | By: Stephanie Landsman
Visa 2Q profits fall 3 percent on strong dollar, gas sales

NEW YORK- Payment processing giant Visa Inc. said Thursday that its profits dropped slightly in the first three months of the year, hurt by the strengthening dollar and lower gas prices. Payment volume is a closely watched metric for payment processors like Visa and MasterCard because they charge a small fee for every transaction processed on their network.
Source: The Associated Press | By: By KEN SWEET, AP Business Writer
Katy Perry lights up China political fireworks

Katy Perry made headlines in Taiwan after she draped herself in the country's flag while performing "Unconditionally" at the Taipei Arena on Tuesday.
Source: CNBC.com | By: See Kit Tang