CHINA

China Vice President Xi speaks during state dinner at Iowa State Capital in Des Moines.

Xi Jinping Sees Lakers Play: No Words for Jeremy Lin

Xi Jinping, Vice President of the People's Republic of China, will be courtside as the Lakers play the Suns at the Los Angeles Staples Center on Friday. But this self-proclaimed fan of American basketball has little to say about international phenomenon Jeremy Lin.

Fair Labor Association: 'Boredom' Caused Apple Factory Suicides?

Apple iPads
The Fair Labor Association (FLA) has embarked on a study of the working conditions in factories run by eight of Apple's suppliers in China, according reports by Reuters. Auret van Heerden, president of the FLA, noted that the working environment imposed onto the workers, which inevitably perpetuates boredom, could have contributed to the tragic suicides. After several days' worth of visits to the facility, Heerden commended that the conditions were not as slave-like as reported previously....

Former Morgan Stanley economist retiring

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Stephen Roach, Morgan Stanley's former chief economist and a well-known fixture on Wall Street, is retiring from the firm, according to a memo sent to employees on Thursday.
Global demand in 2011 by sector

Gold Demand Soars on Inflation and Deflation Fears

Worldwide sales of gold last year soared 29 percent to a record high as two groups of investors, each with mutually exclusive views of economic and financial threats, flocked to the yellow metal and related assets.
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Leader of China Xi Jinping and President Barack Obama.

Xi Jinping: New Friend of the U.S.?

Xi Jinping's visit to the United States is all the rage as Washington scurries to get a better impression of the presumed successor of President Hu Jintao. However, it would be premature to judge Xi's comfortable and amicable style as a sign of any weakness.
Syrian security personnel inspect the site of an explosion in Syria's northern city of Aleppo

China Sends Senior Diplomat to Syria in Bid to End Violence

Before leaving Thursday, Vice Foreign Minister Zhai Jun said China does not approve of armed intervention to force regime change in Syria, adding that the trip was intended to end the bloodshed which has ravaged the country for almost a year.
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Nestle cautious on 2012 as it seeks new growth

Nestle echoed the cautious outlook for 2012 of other global food makers on Thursday as it said it was banking on new markets and products to put it ahead of the field after it posted forecast-beating 2011 sales growth.
Apple will reportedly unveil its next-generation iPad -- presumably called "iPad 3" -- on March 7. While most reports say Apple's third iPad will mirror the form factor of the iPad 2, there is a chance that Apple will release an 8-inch iPad

iPad 3 Release Date May Get Delayed Due to Trademark Dispute

iPad 3, Apple's next generation tablet, is expected to be unveiled in March and the excitement among Apple fans has touched a fever pitch. However, the trademark dispute between the tech giant and Proview Technology, over the name iPad could pour cold water on the excitement as it could force Apple to delay the release of iPad 3 till the matter is solved, a reliable source informed Tech & Trend.
Proview Technology has filed a lawsuit against Apple, saying that the California company has committed fraud and unfair competition.  The China-based technology company accused Apple of misrepresenting itself when securing the iPad trademark, according to

Apple versus Proview: Who Will Have the Last Laugh?

The legal dispute between Apple and Proview is becoming increasingly fierce and the whole world, including Apple fans, Apple's rivals, industry analysts, tech and law experts, are wondering who will have the last laugh.
Shanghai Gold Exchange

Shanghai Gold Exchange Cutting Margins

The Shanghai Futures Exchange (SHFE), China's biggest metals bourse, will lower trading margins for gold and revise its tiered margin system from March 1 to make it cheaper for investors to trade.
Crushed ore facility

Gold Prices Fall as Greek Default Worries Increase

Gold prices fell on Thursday as the euro slid to a three-week low versus the dollar, pressured by news that European officials considered delaying a bailout package for Greece which fuelled fears the heavily indebted nation could face a chaotic default.
China's Vice President Xi Jinping

Xi Jinping: Top Eight Facts About China's 'Next Political Leader'

Chinese Vice President Xi Jinping is eager to show the world that he has what it takes to lead the world's second-largest economy once he's elected as President. Jinping's official visit to Washington on Tuesday has catapulted him into the international spotlight, thus providing the first glimpse of the man most likely to be China's next leader.
Gold bars

Gold Demand Struck 14-year High in 2011: WGC

Gold demand struck 14-year highs in 2011, driven by record investment, buying in China, which could overtake India this year as the world's top consumer, and central bank purchases, which hit their highest in at least 40 years, according to a report on Thursday.
BP

BP Gets Nod for Another Deepwater Gas Project in China

China's ministry of commerce has approved a project that allows the British oil giant to have a presence in block 43/11, a gas field in the South China Sea, the China Daily reported quoting Chen Liming, head of BP China.
China's Vice President Xi Jinping

Remove Export Restrictions, China Tells U.S.

Addressing a gathering of U.S. business leaders, policymakers and academics in Washington, Chinese vice-president Xi Jinpin said that more balanced economic ties are needed for the crucial task of addressing the trade imbalance between the two major economies.
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Alibaba's Taobao at center of failed Yahoo deal: sources

Yahoo Inc's efforts to craft a complex $17 billion asset swap with its Asian partners stumbled over how to value Taobao, the fast-growing online retail business owned by China's Alibaba Group, according to sources familiar with the matter.
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More Chinese cities halt Apple iPad orders: reports

Retailers in more Chinese cities have been told by authorities to take the popular iPad tablet PCs off their shelves this week, media reports said on Thursday, due to a legal battle between a Chinese technology firm and Apple Inc over trademark issues.
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GE's Rice sees China growth slowing in 2012

General Electric Co believes China's economy, a key source of revenue growth for the largest U.S. conglomerate, will slow this year but not substantially below 8 percent, said the executive who runs the company's international operations.
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Apple falls, and Wall Street follows

Stocks fell on Wednesday for the third session in four, with market direction largely dictated by the swings in shares of Apple, the largest company in the world.
New Zealand Court Blocks Sale of Dairy Farms to Chinese Investors

New Zealand Court Blocks Chinese Dairy Deal

Chinese firm Shanghai Pengxin, which is run by wealthy property developer Jiang Zhaobai, had hoped to spend more than $164 million buying and improving the New Zealand dairy farms.
U.S. President Barack Obama listens to China's Vice President Xi Jinping during their meeting in Washington

Xi Jinping Defends China's Human Rights Record

Xi Jinping defended China's human rights record during his meeting with President Barack Obama on Wednesday. The Chinese Vice President admitted that his country could do more in the area, but added that the United States should respect China's human rights developments.

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