CHINA

Clinton Praises South Africa's Anti-AIDS Efforts; U.S. Will Renew Funding

Hillary Clinton
The U.S. Secretary of State Hillary Clinton, on a visit to South Africa, known globally for its high incidence of AIDS, praised the government's efforts to prevent the spread of the virus. Both the nations will sign an agreement Wednesday to reinstate the U.S. anti-AIDS funding, which was cut back during former South African President Thabo Mbeki's tenure.

Asian Stock Markets Up On Stimulus Hopes

Asian Markets
Asian stock markets advanced for the third straight session on Wednesday as sentiment continued to improve on hopes that the major central banks around the world will soon announce new round of stimulus measures to spur economic growth.
Traders work on the floor of the New York Stock Exchange in New York

Global Economic Worries Weigh Down US Stock Futures

U.S. stock index futures point to a lower open Wednesday as investor sentiment was weighed down by lack of stimulus measures from policy makers around the globe to rejuvenate the faltering economic growth momentum.
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Pfizer, BYU Go To Court In May, Celebrex and Millions Of Dollars At Stake

Pfizer Settles Government Bribery Complaints

Among the charges: Pfizer's China subsidiary was accused of offering a program where doctors could claim cell phones and other goodies based on how many prescriptions they doled out of the company's products.
Lenovo X1 Laptop

Lenovo Debuts Ultralight Notebook, ThinkPad X1 Carbon

China’s Lenovo Group (Pink: LNVGY), the No. 2 PC maker, introduced its lightest laptop, the 3-pound ThinkPad X1, its latest entrant in the ultralight market. The 14-inch laptop with battery life up to eight hours will be shipped later in August.
Palaniappan Chidambaram

Chidambaram Vows Action on Economy

Finance Minister P. Chidambaram sought on Monday to allay investor worries about an economy growing at its weakest pace in almost a decade by pledging to address their concerns over taxes, public finances and interest rates.
An investor reads a newspaper in front of an electrical board showing stock information at a brokerage house in Huaibei

Asian Stocks Gain On German Optimism

Most of the Asian markets rose Tuesday as investor sentiment turned positive amid hopes that Germany will step up measures to alleviate the debt burden lingering over the euro zone.
Saabs parked at FAPS storage facility in Newark

GM Calls Spyker's $3B Saab Lawsuit 'Baseless'

General Motors Company (NYSE: GM) talked some smack at Dutch carmaker Spyker N.V. following its Monday announcement that it would sue GM for $3 billion over the bankruptcy of Saab Automobile AB.
South Sudanese President Salva Kiir meets with Chinese counterpart, Hu Jintao, on visit to Beijing

China Hails Sudanese Oil Deal

China hailed the recent agreement between Sudan and South Sudan that will allow the landlocked South to resume exporting crude oil through its northern neighbor's pipelines after months of tense negotiations.
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Zambian Miners Kill Chinese Manager In Riot

Coal miners in Zambia killed one Chinese manager and injured another during a riot Saturday. The miners were on strike at the Chinese-owned Collum coal mine in Sinazongwe in protest of delays in raising the minimum wage.

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