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China Citic Bank unveils jumbo CNH bond offer

China Citic Bank Corp Ltd plans to sell up to $4.7 billion in offshore yuan-denominated bonds by 2013, indicating that issuers are lining up to sell debt in the territory after the authorities unveiled fresh reforms this month.

China revises up 2015 renewable energy goals

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China will raise development targets for renewable energy such as wind power for the five-year period through 2015, state media reported on Tuesday, as the world's top energy user and carbon emitter aims to reduce its reliance on fossil fuels.

CCB shares up after BofA cuts stake; Temasek buy

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Hong Kong-listed shares of China Construction Bank Corp rose more than 4 percent on Tuesday after Bank of America Corp said it will sell about half of its 10 percent stake in the Chinese lender, providing relief to investors by removing uncertainty surrounding the stake.
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Mengniu H1 net profit up 28 pct, quality in focus

China Mengniu Dairy Co Ltd , the country's top dairy product maker in which China private equity firm Hopu Investment Management owns a stake, on Tuesday posted a 27.6 percent rise in first-half net profit on solid sales growth, pledging to ensure product quality after a series of scandals tainted the industry's reputation.
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FDA chemist near plea over insider trading charges

A Food and Drug Administration chemist and his son accused of making millions of dollars with inside information about drug approvals are close to reaching plea agreements, according to court papers.
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Analysis: Peabody/ArcelorMittal bet on steel growth

The world's biggest steelmaker and America's largest coal producer could pay top dollar for Australia's Macarthur Coal , but they are likely to reap a benefit if the surging Asian steel business keeps growing, according to analysts.
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Heinz says Brazil, China deals exceed expectations

H J Heinz Co's recent acquisitions in Brazil and China are doing better than expected as the food maker works on boosting its business around the globe, Chairman and Chief Executive William Johnson said on Tuesday.
Gold and silver bars are pictured at the Austrian Gold and Silver Separating Plant 'Oegussa' in Vienna August 26, 2011.

Asian Trading Lifts Gold As Bargain Hunters Go Shopping

Gold regained strength on Tuesday as bargain hunting resurfaced after prices dropped more than 2 percent in the previous session, but higher equities and easing worries about recession in the United States could limit gains.
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China state media urge crackdown on microblog rumors

China's state-run news agency demanded on Tuesday that Internet companies, regulators and police do more to cleanse websites of toxic rumors, adding to signs that the ruling Communist Party wants to tame the explosion of freewheeling microblogs.
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China State Media Urge Crackdown on Microblog 'Rumors'

China's state-run news agency demanded on Tuesday that Internet companies, regulators and police do more to cleanse websites of toxic rumors, adding to signs that the ruling Communist Party wants to tame the explosion of freewheeling microblogs.
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Asian stocks rise on U.S. data

Asian stocks rose on Tuesday and European shares looked set to extend gains as strong U.S. consumer spending data soothed some fears that the economy was slipping back into a recession.
Gold and silver bars are pictured at the Austrian Gold and Silver Separating Plant 'Oegussa' in Vienna August 26, 2011.

Gold Rebounds from Previous Day's Drop

Gold regained strength Tuesday as bargain hunting resurfaced after prices dropped more than 2 percent in the previous session, but higher equities and easing U.S. recession fears could limit gains.
Solar panels are seen in the parking lot of 1929 building Walter J Towers, near downtown Los Angeles, California

U.S. solar industry was net exporter in 2010

The United States was a net exporter of solar energy products last year, thanks to strong demand from China, Germany and Japan for U.S.-made polysilicon and capital equipment used to make solar panels.

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