CHINA

JP Morgan China Chairman leaves to head HKEX

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Charles Xiaojia Li, former chairman of JP Morgan, was appointed on Wednesday as Chief Executive of Hong Kong Exchanges and Clearing, making the first head of the bourse with a mainland background.

Tiananmen knot still tied

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China security has tightened Tiananmen Square with hundreds of police on Thursday to prevent any commemoration of the crackdown on pro-democracy protesters 20 years ago.
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Thousands in Hong Kong attend Tiananmen candlelight vigil

Cradling candles, laying wreaths and clad in black or white, Hong Kong residents transformed a downtown park into a speckled sea of flickering lights, in remembrance of the hundreds of pro-democracy demonstrators and students crushed by tanks and troops near the square two decades ago.
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Chinalco may revise Rio deal before deadline: sources

Chinese state-owned metals firm Chinalco may revise its planned $19.5 billion investment in miner Rio Tinto before a June 14 deadline to avoid further delays in Australian government approval, two sources close to the deal said on Thursday.
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Crisis cuts costs for big wind players

Wind farm costs have fallen significantly for companies big enough to finance their own projects as the economic crisis cripples competitors for turbines, an executive from RWE Innogy said on Wednesday.
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Companies not disclosing climate risks: studies

Most global industrial companies that emit a lot of greenhouse gases are not adequately detailing their climate strategies in U.S. financial filings, two studies by environmental and investment groups showed on Wednesday.
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Bernanke sees recession ending soon; warns on debt

Federal Reserve Chairman Ben Bernanke sounded a cautiously upbeat note on the U.S. economy on Wednesday but warned that corralling government debt was vital to ensuring the nation's long-term health.
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Tiananmen remembers 20th anniversary

As the 20th anniversary of the June 4 demonstration approaches, Tiananmen still remembers the cruel crackdown on pro-democracy protesters. Hundreds of people were killed on June 4, 1989.
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Tiananmen dissident barred from China via Macau

Wu'er Kaixi, one of the best known dissidents from the Tiananmen Square protests in Beijing 20 years ago, tried to reach China via Macau Wednesday but was refused entry, Taiwan authorities said.
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China boosts security ahead of Tiananmen anniversary

Chinese security forces blanketed Tiananmen Square on Wednesday ahead of the 20th anniversary of the June 4 crackdown on pro-democracy protesters, and a day after Twitter and other Internet services in China were blocked.
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HSBC says preparing to issue yuan bonds in China

HSBC Holdings Plc , which last month became one of the first foreign banks allowed to issue Chinese currency bonds in Hong Kong, said on Wednesday it is also preparing for yuan bond issuance in China.
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GM strikes Hummer deal with China machinery maker

General Motors Corp said on Tuesday it reached a tentative deal to sell its Hummer brand to a privately held Chinese heavy machinery maker, part of an effort to drop four unprofitable vehicle lines and leave bankruptcy as a leaner company.
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Veil lifted on GM’s Hummer buyer, China-based Tengzhong

A brief veil of anonymity has been lifted for the likely new owner of General Motors Corp’s Hummer brand. The American automaker and China-based Sichuan Tengzhong Heavy Industrial Machinery Co., Ltd announced Tuesday they have reached a preliminary agreement that will retain the brand’s current management, operational team and U.S. headquarters.
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China blocks Twitter service ahead of anniversary

Access to the popular social networking service Twitter and email service Hotmail was blocked across mainland China on Tuesday afternoon, two days before the 20th anniversary of the bloody Tiananmen Square crackdown.
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Web transforms China, exile for Tiananmen leader

The Internet has helped Chinese dissident Wang Dan span the distance from his exile home in Los Angeles to Beijing, where 20 years ago he shot to fame as a top leader of the Tiananmen democracy protests.
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China reveals ambitious goal for wind power capacity

A Chinese renewable energy official said today China will invest about 100 billion yuan ($14.6 billion) to boost its wind power capacity to 30,000 Megawatts from 12,000 MW it currently generates, Bloomberg reported.
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GM reportedly selling Hummer to China firm

General Motors Corp said it reached a tentative deal to sell its Hummer brand, part of an effort to drop four unprofitable vehicle lines and leave bankruptcy as a leaner company.
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GM has Hummer deal, declines to name buyer

General Motors Corp said it reached a tentative deal to sell its Hummer brand, part of an effort to drop four unprofitable vehicle lines and leave bankruptcy as a leaner company.
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U.S. climate bill best bet to take enviro lead: Chu

The U.S. climate change bill making its way through Congress is the best legislative bet to help the country take the lead in tackling global warming on the world stage, U.S. Energy Secretary Steven Chu said on Monday.
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Exclusive: Global consumer confidence stabilizing

Global consumer confidence is stabilizing after falling for 18 months, providing a glimmer of hope for a shattered world economy in which three quarters of households cut spending, a survey showed on Tuesday.

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