CHINA

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Chinese media scorn U.S. over Google dispute

Chinese state media stepped up their war of words with the United States over Internet control on Tuesday, with a top newspaper claiming a U.S. conspiracy and saying China can live without Google.

China tightening fears spook investors, hit stocks

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China implemented a planned increase in required reserves for some banks on Tuesday, sources said, sparking knee-jerk selling of Asian stocks which underscored how sensitive global investors are to Beijing's tightening of monetary policy.

Asia shares slump on China loan curb fears

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Asian stocks slid on Tuesday, with Taiwan suffering its worst one-day fall in six months, as fears mounted that China could impose further measures to curb soaring loan growth, potentially dampening a global recovery.
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Oil steadies below $75, close to one-month low

Oil prices steadied below $75 a barrel on Monday, after slipping toward a one-month low on continued market unease over possible tighter Chinese monetary policy and a U.S. proposal to toughen bank trading rules.
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Oil falls towards one-month low near $74

Oil prices fell on Monday, approaching one-month lows near $74 a barrel, on continued market unease over possible tighter Chinese monetary policy and a U.S. proposal to toughen bank trading rules.
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Stock futures signal rebound after selloff

Stock index futures pointed to a rebound on Wall Street on Monday following last week's sharp sell-off, with futures for the S&P 500 up 0.82 percent, Dow Jones futures up 0.74 percent and Nasdaq 100 futures up 0.51 percent at 4:15 a.m. EST.
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Oil slips, approaching one-month lows below $74

Oil prices fell on Monday, approaching one-month lows near $74 a barrel, on continued market unease over possible tighter monetary policy in China and a U.S. proposal to tighten bank trading rules.
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FOREX-Yen, dlr dip as Bernanke moves closer to 2nd term

The yen and the U.S. dollar dipped on Monday while the euro and high-yielding currencies advanced, lifted by reports that Ben Bernanke was moving closer towards being confirmed for a second term as chairman of the Federal Reserve. Markets have been fretting since late last week over whether Bernanke would be approved for the job. [nN24141266]
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China economist sees 2010 GDP up 9.5 percent

China's gross domestic product growth is likely to grow about 9.5 percent in 2010, largely driven by strong domestic consumption and corporate investment, a government researcher said in remarks published on Monday.
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China says Internet controls here to stay

China has every right to punish citizens using the Internet to challenge Communist Party power and ethnic policies, a senior official said Monday, pressing Beijing's counter-offensive against Google Inc.
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Japan manufacturers mood up, outlook uncertain

Japanese manufacturers' confidence has recovered to its highest level since the global financial crisis hit, but remains weak overall due to concerns about deflation and sluggish domestic demand, a Reuters poll showed.
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Futurology: Why US hegemony will decline?

One can't think of futurology without mentioning George Orwell (1984 fame) or Alvin Toffler (Third Wave). Whenever, one comes across Futuristic predictions we get reminded of Toffler or Orwell.I was reminded of them when I read the latest provocative forecasts of the Futurist Magazine.
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GM expects to need new China plant as sales rise

General Motors expects it will need to build a new greenfield manufacturing facility in the near future in China to accommodate strong growth in the world's largest auto market, but it will not be building a plant this year, its China president said on Saturday.
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Over 2,000 Karens flee Myanmar army raids

More than 2,000 ethnic Karen people have fled their villages in eastern Myanmar after deadly attacks by government troops in the past week, a humanitarian group said Saturday.
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China says it needs no Internet lessons from U.S.

China needs no lessons about its Internet from the United States, the head of an online media association said through official media on Saturday after the United States rapped Beijing over information freedom.
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Gold prices to behave like a roller-coaster ride

¨Gold prices will continue to witness an uptrend in 2010 but investors should expect continued high volatility-resembling an amusement park roller coaster ride, according to Jeffrey Nichols, Senior Economic Advisor to Rosland Capital. In his latest commentary on market trends, Jeffrey Nichols said that gold prices won't move up higher without interruption.The two main sources of gold price volatility will continue to be the investment demand for the yellow metal and volatility in dollar's exchan...
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China, U.S. spar over Internet censorship

China hit back at U.S. criticism of Internet censorship and hacking on Friday, warning that relations between the two global heavyweights were being hurt by a feud centered on web giant Google.
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Expert finds vulnerabilities in Microsoft browser

A security research firm said it discovered another set of vulnerabilities in Internet Explorer, a day after Microsoft Corp patched the Web browser following a high-profile cyber attack on Google in China.

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