CHINA

S&P raises China’s debt rating

Capital inflows to emerging market economies poses risks in the future
Standard & Poor’s upgraded its long-term foreign and local currency sovereign credit ratings on the People’s Republic of China to ‘AA-’ (its fourth-highest ranking) from ‘A+’.

Top political and economic risks for Asia next year

Japan's Foreign Minister Seiji Maehara (L) meets with China's Foreign Minister Yang Jiechi in Hanoi
The Asia-Pacific region will continue to be the fastest-growing region of the world in 2011, according to a forecast by IHS Global Insight. However, the report says the region faces significant risks in the backdrop of the fragile state of some of the largest economies in the world, the raging sovereign debt crisis in the European Union and 'deep-seated structural problems facing Japan.
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Top After-Market NASDAQ Losers (SCLN, TOBC, CFFN, OFIX, PULB)

The top after-market NASDAQ stock market losers are: SciClone Pharmaceuticals, Tower Bancorp, Capitol Federal Financial, Orthofix International, Pulaski Financial, Energy Recovery, Energy Conversion Devices, China Ritar Power, EZchip Semiconductor, and Hercules Offshore.
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China regulator tells banks to lend as normal

Chinese banks should ensure that the normal demand for loans is satisfied this month, the banking regulator said on Thursday, signaling that the government wants to avoid an over-tightening of credit.
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China will keep yuan stable: central bank newspaper

The groundwork is in place for a stable yuan because China's current account surplus is trending down and other currencies have been swirling about in choppy trade, an official newspaper said on Thursday.
A migrant worker carries his belongings on his shoulder as he walks to a train station in Beijing October 19, 2010. China must lift the incomes and spending power of hundreds of millions of workers and farmers to keep the world's second-biggest economy fr

Social discontent rising in China: CASS

Social unrest in China has significantly increased this year, with people in small towns and rural areas particularly unhappy with their lives, according to a study by the Chinese Academy of Social Sciences (CASS), a Chinese think-tank.
More than half of GM plants are landfill-free

UBS Starts GM with 'neutral' rating

UBS initiated coverage of General Motors with a 'neutral' rating and $37 price target, saying that the automaker has no near-term catalysts to move the stock.
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U.S. eyes robust outcomes in China trade talks

Top U.S. and Chinese officials on Wednesday sounded optimistic about making progress on a raft of bilateral trade concerns as the world's two largest economies began a second day of high-level talks.
Nouriel Roubini, New York University Professor of Economics and co-founder and chairman of Roubini Global Economics.

What Roubini predicts for major global economies in 2011

Roubini Global Economics (RGE) has predicted that global economy's growth next year will be marginally weaker than this year, with eurozone holding the biggest risk to global growth, and that the U.S. will not emerge any time soon from the worst unemployment crisis it has faced in decades.
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Google's Chrome PC may see muted demand in China

Google Inc's new Chrome PC may meet with chilly demand from China as tensions between Beijing and the search giant curb the latter's offerings and as netbook sales slowly fall off the cliff in the world's second largest PC market.
A worker wipes a crane in Tokyo on Dec. 8, 2010.

Tankan survey shows Japan’s recovery is fading

The Bank of Japan's Tankan business survey showed on Wednesday business confidence among large manufacturers dropped in December, the first decline in seven quarters, and that the prognosis going forward was gloomier.
An employee moves tires at a tire factory

Chinese satisfaction with prices touches 11-year low

The percentage of Chinese who are satisfied with current price levels sharply dropped to the lowest level in 11 years despite the government efforts to contain rising prices, the People's Bank of China (PBoC) said.
Solar panels sit on the roof of SunPower Corporation in Richmond, California March 18, 2010.

India, US in solar power struggle

The India-U.S. solar collaboration has hit some snags as the U.S. is trying to push India to remove regulations related to imports of solar technology, the Wall Street Journal reported.
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China's tech streets not lined with gold

For all the 65 million PCs that are expected to be sold in China this year, one question that many people have not yet answered is: how much money is actually made selling these computers?
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Nokia Siemens buy of Motorola network ops wins EU nod

Nokia Siemens Networks won EU regulatory approval on Wednesday to purchase Motorola's mobile telecom network equipment business for $1.2 billion, in a deal meant to boost its presence in Japan and North America.

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