CHINA

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.

Global shares slide on China flash PMI, U.S. growth fears

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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.
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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.
Jon Huntsman

2012 Republican Presidential Campaign: Will There be a Jon Huntsman Surge?

Former House Speaker Newt Gingrich is the current beneficiary of Republican voters' perpetual search for an alternative to Mitt Romney, and he's enjoying the amplified media attention that accompanies a rise in the polls. If he declines, is Huntsman next? Or is it time to write-off the former Utah governor?
TSX little changed, Kinross drop offsets China

TSX may edge up, helped by commodity recovery

Canadian stocks looked set to open slightly higher on Tuesday, in line with stronger commodity prices, though there were signs the respite from worries over U.S. and European government debt could be temporary.
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China may post trade deficit next year: adviser

China's trade balance faces the risk of sliding into a deficit for the first time in two decades in 2012 as export demand in Europe and the United States slumps, an academic adviser to the central bank said on Tuesday.
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Asian Shares Fall After U.S. Deficit Deadlock

Asian shares edged down Tuesday as fears about the ability of politicians on either side of the Atlantic to tackle huge debt burdens sapped investors' confidence in the outlook for Western economies.
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Short-Seller Report Batters China's Focus Media

Focus Media Holding Ltd , a U.S.-listed Chinese company, said a short-seller's report accusing it of overstating its assets was completely untrue, and it would make a statement refuting the allegations before U.S. markets open on Tuesday.
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Acer Eyes 20-25% China Sales Growth in 2012

Taiwan's Acer Inc, the world's No.4 PC vendor by sales, expects its recent integration with Founder Technology and increased brand acceptance to help grow its China sales by between 20-25 percent next year, said the firm's head of China operations.
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Acer eyes 20-25 percent China sales growth in

Taiwan's Acer Inc, the world's No.4 PC vendor by sales, expects its recent integration with Founder Technology and increased brand acceptance to help grow its China sales by between 20-25 percent next year, said the firm's head of China operations.
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Focus Media Plunges on Muddy Waters Allegations

Shares of prominent Chinese digital media and advertising company Focus Media Holding Ltd plunged as much as 66 percent on Monday, after short-selling firm Muddy Waters accused the company of significant overstatement of the number of screens in its LCD network, among other charges.
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HP seeks stability in 2012 after rocky year

Hewlett-Packard Co will ramp up spending on research, sales and turning around its flagging services arm in 2012, after its fourth-quarter profit fell nearly 91 percent on weak computer sales.

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