CHINA

Will Microsoft Renew Its Bid for Yahoo?

Yahoo! Inc. (NASDAQ: YHOO)
Microsoft, the world’s biggest software company, may be preparing for a renewed bid for troubled search engine Yahoo. Microsoft’s $44.6 billion bid for Yahoo was rejected in 2008.

Minmetals extends Anvil offer to resolve Congo dispute

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Chinese group Minmetals Resources has extended its $1.3 billion takeover offer for Africa-focused Anvil Mining to December 9, to allow more time to resolve a dispute over contracts with Congo which threatens to scupper the whole deal.
An electronic board displaying movements in major indices is seen at Johannesburg stock exchange in Sandton

S.Africa stocks hit month low on China data

Johannesburg stocks fell to their lowest close in a month on Wednesday, as weak Chinese factory data sparked concerns about demand from the world's second-largest economy, hitting miner Assore and luxury good maker Richemont.
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Wind power

Renewable Energy Becoming Cost Competitive, IEA Says

Renewable energy technology is becoming increasingly cost competitive and growth rates are in line to meet levels required of a sustainable energy future, the International Energy Agency (IEA) said in a report on Wednesday.
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Dreamworks Animation to form China JV: report

Dreamworks Animation SKG Inc, producer of hit movies such as Kung Fu Panda, is in talks to set up a joint venture studio in Shanghai as early as January next year to produce animation and design theme parks, Caijing Magazine reported, quoting government sources.
CNN Republican Debate

Winner of Republican National Security Debate: The Economy?

Republicans faced off in a national security-themed debate at Constitution Hall in Washington D.C. and broadcast on CNN. The gathering did little to change the dynamic of a race that has seen a carousel of candidates tested as a possible better-option to former Massachusetts Gov. Mitt Romney.
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China factory sector shrinks most in 32 months

China's factory sector shrank the most in 32 months in November on signs of domestic economic weakness, a preliminary PMI survey showed, reviving worries that China may be slipping toward a hard landing and fuelling fears of a global recession.
Man looks at an electronic board displaying stock prices outside a brokerage in Tokyo

Global Stocks Hit 6-Week Low

World stocks hit their lowest in six weeks on Wednesday and crude prices fell after and manufacturing in regional heavyweight Germany contracted for a second straight month in November, and at a faster rate, as export demand slumped.
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Global shares slide on China flash PMI, U.S. growth fears

Asian shares dropped more than 2 percent and U.S. index futures and oil also fell on Wednesday after a private survey showed China's factory sector shrank the most in 32 months and U.S. growth data was revised downwards, stoking fears about the faltering global economy.
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China Factory Activity Slumps to 32-Month Low

Chinese factories battled with their weakest activity in 32 months in November, a preliminary purchasing managers' survey showed, reviving worries that China may be skidding toward an economic hard landing and compounding global recession fears.
Foreign Policy Debate

GOP Debate on Foreign Policy: Top Quotes and Gaffes

At the CNN National Security Debate in Washington, D.C., Romney, Huntsman and Paul proved themselves the strongest GOP candidates, while Bachmann and Perry barely squeaked by and Cain and Santorum were left floundering. Here, read the top quotes of the night, and get a full rundown of the Republican candidates' performances.
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Chinese solar losses mount but stocks still rise

Chinese solar companies including Suntech Power Holdings Co Ltd, JA Solar Holdings Co Ltd and LDK Solar Co Ltd posted larger-than-expected quarterly losses and warned that the sector's bleak outlook would continue well into next year.
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Canned-Soup Eaters Get Mouthful of Controversial Chemical: Report

People who eat canned versus homemade soup have high levels of bisphenol A (BPA), according to research released Tuesday about the controversial plastic-hardener linked to developmental disruptions in children along with cancer, diabetes and heart disease in adults.
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Chinese solar company losses mount but stocks soar

Chinese solar companies including Suntech Power Holdings Co Ltd, JA Solar Holdings Co Ltd and LDK Solar Co Ltd posted larger-than-expected quarterly losses and warned that the sector's bleak outlook would continue well into next year.
Netflix

Netflix Shares Hits 52-Week Low as Wheels Come Off Web 3.0 Party Wagon

The collapse in Netflix's valuation is part of a wider wave of grievous losses being felt by shares of companies focused on virtual commerce. After riding a surge of investor enthusiasm to valuation peaks in mid-summer,companies like Netflix and Travelzoo had nowhere to go but down. Short-sellers, chomping at the bit to make bets against the stocks' heady fundamentals, are not exactly helping.

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