Obama urges China action on yuan
Posted 3 minutes ago
Barack Obama urges China to change its currency strategy, a move that would effectively raise the value of the yuan and benefit US exporters. [Link]
Curbs on Media, Internet Use Rise Worldwide, U.S. Report Says
Posted 10 minutes ago
Suppression of freedom of expression through crackdowns on the media and on Internet use rose last year, including in China, Iran and Russia, according to the U.S. State Department’s annual report on human rights. [Link]
UTStarcom Releases Financial Results for the Fourth Quarter and Full Year 2009 (PR Newswire)
Posted 11 minutes ago
[Link]
Indonesia Raises 2010 Economic Growth Forecast to 5.5%-6%
Posted 13 minutes ago
Indonesia’s central bank raised its estimate for economic growth this year to as much as 6 percent from an earlier forecast of 5.6 percent, Deputy Governor Hartadi A. Sarwono said in a statement on Bank Indonesia’s Web site. [Link]
Caterpillar mulls new U.S. excavator facility
Posted 25 minutes ago
Caterpillar says it will study whether it makes sense to move some of its heavy equipment manufacturing to the United States from Japan to free up capacity at its Japanese plants to meet growing demand in Asia. [Link]
Canadian Markets: Canadian market struggles for direction
Posted 28 minutes ago
Canada's main stock market index bounced between gains and losses in Thursday's session, unsure of how to interpret Chinese inflation data. [Link]
Top China judge bangs gavel: We won't abide dirty officials
Posted 31 minutes ago
CHINA'S Chief Justice Wang Shengjun said yesterday that courts would take action on judicial corruption to prevent abuse of power after a former vice president of the supreme court was jailed for life two months ago. ... [Link]
Cities fined under new laws to halt major pollution of rivers
Posted 31 minutes ago
THE governments of Xi'an and Xianyang, two major cities in northwest China's Shaanxi Province, have been fined a total of 500,000 yuan (US$73,530) for polluting a tributary of the Yellow River, China's second longest... [Link]
Dad who deserted baby boy detained
Posted 31 minutes ago
POLICE in central China's Hubei Province have detained a man aged in his 30s who abandoned his desperately ill newborn son. The man, surnamed Fan, surrendered to police in Hubei's Xiaogan City on Monday after... [Link]
Swinging professor to face sex charges
Posted 31 minutes ago
A PROFESSOR in east China's Jiangsu Province has been charged with pruriency offenses after allegedly operating a wife-swapping ring that held 22 swinging parties. The professor, 53, attended 18 parties and was... [Link]
11 tigers die at poorly kept zoo
Posted 31 minutes ago
AT least 11 Siberian tigers died over the past 3 months in a zoo in northeast China's Liaoning Province, local animal protection officials said yesterday. Six of them died in one day, Liaoning Television reported.... [Link]
Hubei governor refuses to apologize for blowup
Posted 31 minutes ago
THE governor of Hubei Province refused to apologize for threatening a reporter who raised an "improper" question and confiscating her Dictaphone on the sidelines of this year's National People's Congress meeting.... [Link]
'Alice' has chance to be next box-office wonder
Posted 31 minutes ago
WILL Alice and the Mad Hatter break Avatar's record-breaking run in China's cinemas? For movie fans who have spent the last few weeks queuing overnight and in the wintry weather for tickets to see James Cameron's... [Link]
Vice President At D.A. Davidson And Co. Bullish Over ... - Yahoo Finance
Posted 60 minutes ago
I also believe CATY has a real chance at being a consolidator in the Chinese-American space. I like Center as well - strong management team and consolidator as well, in my opinion. TWST: What about NARA? They have a new CEO? Mr. Stulpin: Right. [Link]
U.S. dollar still rules, but debt level a risk: S&P - YAHOO!
Posted 60 minutes ago
China held 23 percent of outstanding U.S. debt in 2009 and Japan held 21 percent, the agency said. Overall, 46 percent of U.S. government debt held by the public in 2009 was owned abroad -- by both official and private investors. That amount has ... [Link]
Pali Capital's Brad Reifler Became Obsessed With Suing ... - The Business Insider
Posted 60 minutes ago
His office was equally flashy. Pali was decorated with multiple Rodin sculptures, a model airplane, tons of artwork, and plush furniture. Instead of just coffee, they served one interviewee freshly-brewed espresso in gold-rimmed china cups. [Link]
Mexico's Carlos Slim is world's richest person - Los Angeles Times
Posted 60 minutes ago
MEXICO CITY - Mexican telecom tycoon Carlos Slim is the first man from a developing nation to become the world's richest person -- a shift that underlines the loosening of America and Europe's stranglehold on the top spots in the billionaires' club ... [Link]
U.S. Trade Deficit Shrinks on Falling Oil Imports - Daily Finance
Posted 60 minutes ago
trade deficit in January with key nations was as follows: China, $18.3 billion, up from $18.1 billion ... Mexico, $4.6 billion, down from $5.2 billion; Canada, $3.9 billion, up from $3.0 billion; Hong Kong $1.6 billion, down from $2.0 billion, and ... [Link]
As Earthquakes Rattle Globe, Interest in Steel Rises - New York Times
Posted 60 minutes ago
If Haiti had more buildings done to the right standards, they could have withstood the earthquake,” said Scott Chubbs, program director of Living ... Sichuan earthquake of 2008 that killed at least 68,000 people, the Chinese government “came to ... [Link]
The Road From Ruin : Wake Up, You Can Fix This ... - Huffingtonpost.com
Posted 60 minutes ago
President Obama hit the nail on the head when he called the economic crisis "a great opportunity," yet so far it is one that America is wasting. Eighteen months ago, Lehman Brothers went bust and trillions of dollars of taxpayers' money was used to ... [Link]
Stocks flat after inflation jumps in China - MSNBC
Posted 60 minutes ago
NEW YORK - Stocks traded in a tight range for a fourth day Thursday after China reported a sharp jump in inflation. Mixed U.S. economic news also held the market back. China said its inflation rate jumped to 2.7 percent in February from 1.5 percent ... [Link]
China Tightens Rules on Land Purchases
Posted 72 minutes ago
China is requiring a down payment for land purchases equal to 50 percent of a plot’s price and prohibited the supply of land for villas as the government sought to increase affordable housing. [Link]
Anil Ambani's Fund to Double Invesments
Posted 72 minutes ago
Reliance Venture CEO sees opportunities for the Indiann billionaire's fund in aerospace, media and entertainment, financial services, health-care and biotech [Link]
Indian Food Inflation to Slow
Posted 72 minutes ago
India’s food-inflation rate stayed at around 18 percent for a sixth week, a sign that farm prices may have peaked and will start declining soon. [Link]
Toyota Gets on the Discounting Treadmill
Posted 72 minutes ago
With its quality problems and 0% financing campaign, Toyota is looking more like Detroit’s Big Three all the time, writes David Welch [Link]
Japan's Shinsei Bank May Cancel Merger
Posted 72 minutes ago
Shinsei Bank Ltd., the Japanese lender backed by U.S. investor Christopher Flowers, may raise 75 billion yen ($830 million) selling shares instead of merging with Aozora Bank Ltd., said a person with direct knowledge of the matter. [Link]
Korea Push for Low Rates Raises Inflation Threat as Lee Departs
Posted 72 minutes ago
South Korea may face accelerating inflation after Governor Lee Seong Tae left interest rates unchanged for a 13th month under political pressure, even as his economy is forecast to be one of the fastest-growing in Asia. [Link]
A Scary Thought for China Investors (at Motley Fool)
Posted 72 minutes ago
[Link]
From Russia with love: another ETF
Posted 82 minutes ago
[Link]
Newswatch: Dodd quits dithering on bank reform
Posted 84 minutes ago
After months of trying to get Republican support for tougher regulations to prevent the next global financial crisis, Sen. Chris Dodd has decided to move ahead with or without bipartisan backing. [Link]