CHINA

Changan PSA JV eyes premium markets in China, overseas

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The Shenzhen-based joint venture of French car maker PSA Peugeot Citroen and China Changan Automobile Group said on Sunday it plans to sell premium cars in China, the world's biggest auto market, and in some overseas markets.

Airbus Opens Asian Logistics Center in China

Airbus Reports of New Plane Order Suspensions Coming from China
Airbus SAS has opened a logistics company in Tianjin, China, to optimize and support supply chain management for present and future industrial cooperation programs of EADS and Airbus in China. The center, in Tianjin's Free Trade Zone Comprehensive Bonded Area, is now fully operational.
Gold

Mystery Gold Buyers from China, India?

World Gold Council's third-quarter demand report showed central bank buying going far above most analysts estimates. Analysis shows the mystery buyers to be China or India.
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China says will strengthen yuan's trading: TV

China will make the yuan more flexible in either direction and its recent reforms to make the currency more market-oriented have begun to achieve some results, Premier Wen Jiabao said on Saturday.
Students on computers

Long Island Eye: The SAT Cheating Scandal Grows

By Thanksgiving, the number of young people on Long Island charged with cheating on their college board exams is expected to reach 13, with at least five more arrests on tap, Nassau County District Attorney Kathleen Rice said.
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Indonesia to buy 24 refurbished US F-16 fighters

The United States plans to supply 24 refurbished F-16C/D fighter aircraft to Indonesia, the presidents of the two countries announced in Bali on Friday on the fringes of an Asia-Pacific summit.
Hewlett Packard executive chairman and Kleiner Perkins managing partner Ray Lane works on his computer at his home in Atherton, California November 11, 2011.

Insight: Is Ray Lane HP's Agent of Change?

When Ray Lane took over as chairman of Hewlett-Packard Co a year ago, he was looking forward to working with longtime associate Leo Apotheker, who had just been appointed CEO to repair the damage done by the messy departure of Mark Hurd.
Canada's Asian oil push not a slap to U.S.: minister

Canada's Asian oil push not a slap to U.S.: minister

Canada is looking to diversify the market for oil sands crude by courting buyers in Asia, and is not trying to punish the United States for delaying TransCanada Corp's Keystone XL pipeline to Texas, the country's natural resources minister said on Friday.
United Arab Emirates (UAE) is third richest country in the world, and has a world's largest shopping mall, The Dubai Mall. The country is made up of seven emirates, governed by a president and has an impressive GDP per capita of $57,744. The country has 8

Dubai Diversifies With Push Into Diamonds

The United Arab Emirates, the world's fourth-largest oil exporter and home to gold trading hub Dubai, is rapidly becoming a force in trade of another highly valuable commodity: diamonds.
A building named as Sleeping Beauty's Castle is seen during sunset at Hong Kong Disneyland November 4, 2009.

Hong Kong Disneyland Hopes for Expansion Magic

With a new theme area that makes guests feel as if they're being shrunk to the size of a toy, Hong Kong Disneyland hopes to boost the number of visitors to a magic kingdom the performance of which to date has been less than dazzling.
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Japan Inc steps up shift overseas as yen stays high

Japan's big manufacturers led by Panasonic Corp and Nissan Motor Co Ltd are speeding up their shift overseas, in a sign corporate Japan sees the strong yen as a long-term handicap rather than a temporary blip.
Financial Crisis

Saving Capitalism from the Capitalists

Prudent interventions by major central banks averted a global financial calamity during the financial crisis’ acute stage three years ago. Another intervention to address Europe may be needed, and should be implemented, if central bank officials deem it necessary.
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Marvell warns about Thailand flood impact

Marvell Technology Group gave a cautious revenue forecast as widespread flooding in Thailand hurts demand for its hard-drive controllers, but upbeat news about expansion in China gave the chipmaker's stock a bump.

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