CHINA

Nikkei leads Asia up, China falls on policy worry

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Japanese stocks hit a 15-month high on Friday as the yen eased against the dollar, leading most Asian markets higher, but Chinese shares and commodities stumbled on fears that Beijing is ready to tighten policy to cool economic growth.

Nikkei leads Asian shares higher, dollar firm

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Japanese stocks hit a 15-month high on Friday as the yen eased against the dollar, leading Asian shares higher, while gold and oil prices fell amid lingering concerns over possible central bank policy tightening in China.
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Sony positive on gadget sales

Sony Corp said U.S. electronics sales are looking positive after the holiday season, even as the strong yen handicaps the Japanese conglomerate against South Korean and Chinese rivals.
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Residents may be evicted for spitting

Chinese people who live in government-sponsored housing in a prosperous southern province may be evicted if caught repeatedly spitting in public, according to a draft plan.
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Jobless claims on down trend, retail sales up

The number of U.S. workers filing new jobless claims edged up by a slim 1,000 last week and a gauge of underlying labor market trends hit a nearly 16-month low, evidence the job market continues to heal.
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Job market shows signs of healing

The number of U.S. workers filing new jobless claims edged up by a slim 1,000 last week and a gauge of underlying labor market trends hit a nearly 16-month low, evidence the job market continues to heal.
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Myanmar election could spark rise in refugees

The rubbish dump outside the Thai town of Mae Sot steams with rancid rotting fish and other debris, a squalid haven for hundreds of refugees from Myanmar that aid groups say could swell in size this year.
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Arcelor, POSCO gear up for new India ventures

The world's leading steelmakers Arcelor Mittal (ISPA.AS) and POSCO (005490.KS) have plans for $14 billion of new investment in India, despite a history of delays in their existing projects.
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China's Rio stake: from spoiler to passive investor?

China Investment Corp (CIC), a $300 billion wealth fund, may be weighing up a bid for state-owned Chinalco's stake in mining giant Rio Tinto (RIO.AX) in what would be its boldest move yet into natural resources.
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Daily Outlook - Jan 7

Future hazy as Google makes waves; China sued over Internet filter; Fed sees jobs turnaround
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China central bank surprises with yield hike

China's central bank surprised markets on Thursday by raising the interest rate on its three-month bills for the first time since August, intensifying its grip on liquidity a day after it promised to keep credit growth in check.
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U.S. firm sues China, PC majors over filter software

A U.S. software maker is suing China, several major PC makers and two Chinese software makers for $2.2 billion, accusing them of using stolen code in controversial Web filtering software that drew global criticism last year.
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U.S. firm sues China, PC majors over filtering software

A U.S. software maker is suing China, several major PC makers and two Chinese software makers for $2.2 billion, accusing them of using stolen code in controversial Web filtering software that drew global criticism last year.
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GE shareholders may face a year of living sideways

After a tumultuous year that saw General Electric Co stock tumble to 18-year lows, then whipsaw back to triple that level, shareholders of the largest U.S. conglomerate may be in for a year of few, if any, gains.
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Qingyuan seeks to boost electric car sales in U.S.

Tianjin Qingyuan Electric Vehicle Co, the first Chinese automaker to break into the United States, hopes to significantly boost sales of its self-developed electric models in the world's second-largest market this year, a source with direct knowledge of the matter said on Wednesday.
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Ivanhoe weighs options ahead of Mongolia development

Colorful dealmaker Robert Friedland, who made a fortune selling an undeveloped Canadian nickel deposit, is seeking new options for his current venture, Ivanhoe Mines , as it starts building a massive copper-gold mine near Mongolia's border with resource-hungry China.
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Michigan: The right mix for hungry startups?

For decades the Big Three have cast a large shadow over the Michigan economic landscape, but with the automotive industry in turmoil, a new breed of startups is emerging from the darkness.
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Dell bringing smartphone to U.S. with AT&T

Dell Inc is bringing its first-ever smartphone to the United States with AT&T Inc as the carrier, making a push into mobile devices as its core personal computer business struggles.

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