CHINA

Corrected: Starbucks sees higher 2011 costs

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(Company corrects to narrow fiscal 2011 forecast range in second bullet and fifth paragraph. The information first appeared in UPDATE 2. Changes headline due to space considerations)

Apple supports China Mobile's TD-LTE tech -report

Apple Inc (AAPL.O) fully supports China Mobile's next generation TD-LTE technology and talks are ongoing over a possible iPhone tie up with the carrier, China Mobile's chairman was quoted as saying.
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SOHO China sees little impact from property curbs

China's harsh measures to cool its booming property market is having limited impact on prices, property developer SOHO China's (0410.HK) chief executive said, underscoring the government's difficulty to curb credit growth on all fronts.

Gree to tie-up with China's Tencent Holdings

Japanese mobile social gaming firm Gree Inc said Wednesday it would tie-up with China's Tencent Holdings, giving it access to a market where 120 million people already play mobile games.

Trust in business tumbled in 2010: survey

Americans' trust in institutions of all kinds dropped last year as persistently high unemployment sapped people's confidence in business and government, a newly released study found.

Pakistan decries help for India nuclear arms plans

Pakistan warned major powers on Tuesday against granting rival India membership of four key multilateral export control regimes that allow trade in nuclear and other materials, as proposed by the United States.
Road transport minister Kamal Nath speaks in New York, May 8, 2008

Cabinet reshuffle boosts focus on urban growth

A ministerial reshuffle has signalled India may give sorely-needed focus to the development of its burgeoning cities, whose erratic expansion is seen as a major brake on economic growth.
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LG Elec posts record loss on phones, TVs

South Korea's LG Electronics reported a record quarterly loss on Wednesday, as its phone business remained weak and its TV division also lost money, hurt by steep price declines in television.

China banks ratchet up lending rates to ration credit

Some Chinese banks have drastically raised interest rates on loans to comply with government orders to rein in credit growth after another lending surge at the start of the year, state media reported on Wednesday.

Analysis: China prism focuses Pentagon budget on new weapons

China's test flight of a prototype stealth fighter will help insulate U.S. weapons spending against deeper cuts sought by deficit hawks and add momentum to efforts by Defense Secretary Robert Gates to redirect precious budget dollars to future threats.
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US judge sends engineer to prison in China spy case

A former Northrop Grumman Corp (NOC.N) engineer has been sentenced to 32 years in prison for providing secret defense information to China, exporting technical military data and other crimes, the U.S. Justice Department said on Tuesday.
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Coach beats as U.S. and China sales soar

Leather goods maker Coach Inc reported a larger-than-expected quarterly profit as U.S. luxury spending rebounded and sales in China soared over the holiday season.

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