CHINA

Sony to pull out of LCD JV with Samsung: report

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Sony Corp, struggling with a loss-making television business, is in negotiations to pull out of its LCD joint venture with South Korea's Samsung Electronics in a bid to cut costs, the Nikkei business daily reported on Sunday.
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IMF chief Lagarde stands with European Central Bank President Trichet at the start of the G20 meeting in Paris

Groups urge G20 not to ignore development agenda

Global development groups on Friday called on G20 leaders to step up to their commitments to tackle global food security and come up with new ways to boost world growth that also benefit the poorest.
Gaddafi's sons

ICC warns Libya's Saif al-Islam against fleeing

The International Criminal Court said on Saturday Saif al-Islam Gaddafi was in contact through intermediaries about surrendering for trial, but it also had information mercenaries were trying to spirit him to a friendly African nation.
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Europe bailout fund chief courts China

The head of Europe's rescue fund sought to entice China on Saturday to invest in the facility by saying investors may be protected against a fifth of initial losses and that bonds could eventually be sold in yuan if Beijing desires.
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New China bank watchdog a calm captain through storms

China's new banking regulator Shang Fulin will bring experience in pressing reforms and a hallmark cool-headed approach as he takes oversight of a sector trying to digest the effects of a lending binge that has left banks with mounting piles of debt.
Klaus Regling, CEO of the European Financial Stability Facility, speaks during a conference in Lisbon about the future of the Euro

Eurozone Bailout Fund Chief Courts China Investment

The head of the European Financial Stability Facility sought to entice China on Saturday to invest in the bailout fund by saying investors may be protected against as much as one-fifth of initial losses.
China Construction Bank Chairman Guo Shuqing speaks during a news conference announcing annual results in Hong Kong

China Takes First Big Step in Making Leadership Changes

China announced a reshuffle of its top economic regulatory posts on Saturday, the official Xinhua news agency said, the first big step in a comprehensive leadership change that will culminate when its top political leaders retire.
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Air China Completes First Flight With Biofuel Mixture

Air China, in partnership with Boeing, Honeywell UOP, the Civil Aviation Administration of China, PetroChina and Pratt & Whitne, on Friday successfully test flew a passenger plane powered by a mix of biofuel and traditional aviation fuel, which in the near future could help the country overcome crude oil shortages.
Oil barrels

Oil Falls on Skepticism Over EU Rescue Plan

Oil prices retreated on Friday in choppy trading as uncertainties about Europe's plan to tackle its debt problems prompted some profit taking after the previous session's rally.
Apple sales in the Asia-Pacific region jumped 174% from a year ago.

Apple Sales Surge 174% in Asia-Pacific

Apple sales in China and Japan reached $14.3 billion in 2011, an increase of 174 percent from a year ago. The region accounts for nearly a quarter of revenue.
China Fashion Week

A Look Inside the Fantastical World of China Fashion Week [PHOTOS]

China Fashion Week is like a fantastical, mystical world unto itself. Straight off the pages of an ancient Chinese fairytale, models walked down the runways in a haute couture mix of tradtional Chinese embroidery, bold neon colors, sharp silhouettes, and temporary tattoos.
Congo

Congo election campaign kicks off

Election campaigning began in the Democratic Republic of Congo on Friday and organisers said the polls will go ahead on November 28 despite concerns over whether preparations have been adequate.
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Wall Street Dips after Rally, HP Shares Jump

Stocks edged lower on Friday as investors paused following a powerful rally that propelled the S&P 500 index almost 20 percent since briefly dipping into bear market territory earlier this month.
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Wall Street edges down after strong rally

Stocks edged lower on Friday as investors took a breather from a powerful rally that propelled the S&P to close above its 200-day moving average for the first time since August.

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