CHINA

Lagarde sees deal in the making on IMF funding

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International Monetary Fund chief Christine Lagarde said on Thursday she expects to win a big boost in funding to help the lender contain damage from the euro-zone debt crisis now that Europe has taken significant steps on its own.

Global growth seen subdued, still heavily reliant on Asia

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The global economy is set to expand by a modest 3.3 percent this year as a still-smoldering euro zone debt crisis and a relatively slow U.S. recovery continue to leave Asia as the main driver of growth, Reuters polls showed on Thursday.
The Lamborghini Urus SUV as seen in a screen shot from Chinese website Auto 163.

Lamborghini SUV 'Urus,' Price and Picture Revealed

Rumors have been swirling about a possible Lamborghini SUV called the Deimos, and all indications are that the company is out to build a bull of an SUV, but according to China Car Times, it will be called the Urus and make an appearance at the Beijing Auto Show later this month.
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Silver Enjoys Record 2011, Optimism For 2012

Silver enjoyed a record 2011, as investors turned to physical bars and coins of the precious metal to piggyback a strong year for gold, according to The Silver Institute's World Silver Survey 2012 released on Thursday.
Dual Core Smartphones 2012: HTC One X, One S And Huawei Ascend P1 Ready For US Release; Which One Is The Best For You? [COMPARISON]

HTC One X, One S And Huawei Ascend P1 Ready For US Release; Which Dual-Core Smartphone Should You Choose? [Specs Comparison]

Amid the Samsung and Apple flagship model's launch buzz drifting to new levels in the mobile space every single day, tech enthusiasts might not be able to ignore this combined piece of news about the three powerful launches which are heading for the US release very soon. Yes, the spill is about the latest announcement by two major smartphone manufacturers, including HTC and Huawei.
North Korean Missiles

China Provided Missile Know-How To North Korea, Claims UN Probe

UN probe panel is investigating the allegations that China has provided long range ballistic missile technology to North Korea, according to an AFP report quoting a defense magazine. According to the allegations North Korea's new missile launcher is based on Chinese missile technology, report said.Military analysts of IHS Jane's magazine tipped-off the United Nation's panel of experts about a possible transfer of either technology or the missile itself, from China to North Korea.
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Japan exports jump, but trade still in red; corp mood dips

Japan's exports rose in March from a year earlier for the first time in six months, mainly on the strength of U.S. sales, but high fuel imports pushed the trade balance back into deficit and manufacturers remain cautious about business in months ahead.
Agni-V

India Successfully Test Fires Nuclear Capable Ballistic Missile Agni-V

India Thursday successfully test fired nuclear capable long-range ballistic missile Agni-V, Prime Minister Manmohan Singh announced in a press statement. With the launch of the missile, which has a range of 3,100 miles, India has joined the elite club of countries with long-range nuclear missile capability.
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GM Reported Buying Back Part Of China Joint Venture

General Motors (GM.N) and Chinese partner SAIC Motor Corp. (600104.SS) have agreed to let GM to buy back the 1 percent share of the joint venture the Detroit automaker sold during its financial crisis several years ago, according to a source familiar with the plan.
Alicia Barcena, executive secretary of the U.N. Economic Commission for Latin America and the Caribbean.

Mexico GDP May Grow Faster Than Expected, U.N. Official Predicts

The head of the United Nations Economic Commission for Latin America and the Caribbean Alicia Barcena suggested Wednesday that Mexico’s 2012 GDP growth could be higher than expected due to the pace of recovery in the United States and Mexico’s open economic policies relative to other countries in the region.
The World Gold Council remains constructive on gold prices despite diminished chances of QE3

Gold Prices Set To Rise: World Gold Council

While chances of a third round of U.S. money-printing quantitative easing measures, or QE3, have dimmed, the World Gold Council, or WGC, remains positive on the yellow metal's outlook due to its international appeal and value in hedging against inflation and deflation.

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