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A123's Livonia, Mich. battery plant.

Wanxiang Lifeline For A123 Faces Anti-China Backlash

Chinese conglomerate Wanxiang Qianchao Co. (Shanghai: 000559) is offering a $450 million lifeline to struggling battery manufacturer A123 Systems Inc. (Nasdaq: AONE), but the deal is facing right-wing opposition in the U.S.
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Japanese Prime Minister Yoshihiko Noda.

Fitch Warns Japan Of Downgrade If Debt Is Not Lowered

Japanese Prime Minister Yoshihiko Noda survived a no-confidence vote on Thursday, spurred by his proposal to double the consumption tax to 10 percent, in the latest example of a political gridlock that is risking a credit downgrade.
Crude Oil

Crude Oil Futures Advance After China Data

Crude oil futures advanced during the Asian trading hours Thursday after data showed Chinese inflation continued to cooled for a fourth straight month in July, rising hopes for monetary easing measures to support growth.
A Chinese one yuan coin and a 100 yuan banknote are seen in this picture illustration taken in Beijing

China’s Industrial Output Growth Slows Down In July

China’s industrial production grew at a reduced pace in July compared to June indicating that the weakening global demand and the debt burden faced by the euro zone are adversely affecting the country's economy.
Asian Markets

Asian Stock Markets Up On Stimulus Hopes

Asian stock markets advanced for the third straight session on Wednesday as sentiment continued to improve on hopes that the major central banks around the world will soon announce new round of stimulus measures to spur economic growth.
Palaniappan Chidambaram

Chidambaram Vows Action on Economy

Finance Minister P. Chidambaram sought on Monday to allay investor worries about an economy growing at its weakest pace in almost a decade by pledging to address their concerns over taxes, public finances and interest rates.
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Globalization: The Economic Structural Changes Continue

Globalization -- basically, free markets and the transfer of jobs to lower-cost labor/production centers -- has lifted more than 1 billion people out of poverty. However, globalization, at least initially, also contains a contradiction that, in time, could undermine not only the uniting of markets, but trade and global GDP growth itself.
Nina Vs. Siri: Where Nuance Beats Apple

Nina Vs. Siri: Where Nuance Beats Apple

Siri's reputation is well-earned: But would you trust Siri, or any of her similar rivals out there for Android, to pay your bank bill? Nuance has clearly thought about what's missing from the voice recognition department, and unveiled its own solution on Monday, called "Nina." Apple's solution is better for casual users, while Nuance's solution is a must for business and customer service professionals.

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