CHINA

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Qihoo responds to Citron allegations

China's Qihoo 360 Technology Co denied once again a report that alleged the online services provider was either committing fraud or was misleading Wall Street about its revenue model.

Diamond demand to outpace supply growth to 2020-Bain

Diamond
Chinese and Indian appetite for diamonds will fuel demand growth of more than 6 percent a year over the next decade and almost double the size of the market, far outpacing supply increases limited by a lack of new mines, Bain & Company said in a report.

Bank of Canada holds rates, cites deeper euro crisis

The Bank of Canada kept its overnight interest rate at 1 percent on Tuesday, as expected, and gave no suggestion of an impending rate cut even though its view of the European debt crisis has clearly darkened.
Jim O'Neill

India Most Disappointing in BRIC: Goldman Sachs Chairman

The growth rates of all four BRIC (Brazil, Russia, India and China) economies have surpassed expectations in the decade since the term came into existence. However, India's record in terms of productivity, Foreign Direct Investment (FDI) and reform has been the most disappointing, according to Jim O'Neil, the Chairman of Goldman Sachs Asset Management, on Tuesday.
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India urges social media sites to block offensive content

India has asked operators of social media networks, including Facebook and Google, to screen user content and remove any offensive material, the information and telecoms minister said on Tuesday, but denied the move was censorship.
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Samsung plans flash chip line in China

Samsung Electronics said on Tuesday it plans to build a flash memory chip plant in China, seen costing some $4 billion, as a boom in smartphones and tablet computers is set to fuel the $22 billion chip industry's growth next year.
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Samsung says plans flash chip line in China

Samsung Electronics, the world's top memory chip maker, said on Tuesday it had decided to build a plant in China to start production of flash memory chips from 2013 as it seeks to ride a boom in smartphones and tablet computers.
Saab

Chinese bank in Saab rescue talks

A Chinese bank is in talks about taking a stake in Saab, in the latest attempt to rescue the crisis-hit Swedish car maker after an earlier deal to secure its future ran into trouble.
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Coke Says Child's Death in China Not Linked to Product

Coca-Cola Co. defended on Friday the safety of its yogurt drinks sold in northern China, denying there was any link to the death of a child or the illness of three other people who had consumed the drinks, but said it removed the product from shelves in a precautionary move.
Brazil's President Dilma Rousseff attends a signing ceremony for the expansion of tax credit for Brazilian States at the Planalto Palace in Brasilia November 10, 2011

High-Level Corruption Mars Brazil's Political System; but President Rouseff Stands Tall

Just a month shy of her first anniversary as Brazil's President, Dilma Rousseff's tenure has been marred by a series of corruption scandals involving cabinet ministers. Rousseff has lost minister after minister to corruption scandals since last June, almost at the rate of one a month. The latest to lose his office is Labor Minister Carlos Lupi. The successive resignations point directly to the corruption that is deeply embedded in the public administration system in Brazil.
Gold bars

Gold Steady Ahead of Big Eurozone Summit

Gold prices barely moved Monday, as weak physical buying and easing investor interest offset anticipation of good economic news from the U.S. and hope that this week's big European meeting aimed at solving the debt crisis will not disappoint.
Tian Tian, a female giant panda looks out of her container as it is unloaded off an aircraft at Edinburgh airport in Scotland

Panda Express from China to Scotland: Hairy Friends Arrive in Britain [PHOTOS & VIDEO]

A pair of pampered giant pandas, two of the few remaining specimens of an endangered species, was welcomed to their new homes in Scotland, on Sunday. The plane - Panda Express - carrying the two animals, for whom the Edinburgh Zoo is paying $10 million to Chinese authorities, landed at 9 p.m. Beijing time, at Edinburgh Airport, after taking off from the southwestern Chinese city of Chegndu.

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