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Breaking News Wed, 10 Mar 2010
U.S. President Barack Obama, left, listens to Chinese President Hu Jintao, as they attend a state dinner reception at the Great Hall of the People in Beijing, China, Tuesday, Nov. 17, 2009. Standing behind them are their translators.
(photo: AP / Pablo Martinez Monsivais)
Beijing seeks a shift in geopolitics
Asia Times
| By Willy Lam | China's ongoing tussles with the United States over issues including Taiwan, Tibet and trade are in a sense nothing new. For more than two decades, Sino-US relations have periodically gone through rough patches over these and related causes of disagreement. What is new is China's mu...
Gold bullion bars and gold coins are displayed at RPS Jewellers in Southall, London, Wednesday, Jan. 14, 2009.
(photo: AP / Kirsty Wigglesworth)
China assesses its gold strategy
Asia Times
| By Russell Hsiao | Chinese leaders convening in Beijing for the annual plenary session of the National People's Congress (NPC) - China's ceremonial legislature - this week will, among other things, hammer out a blueprint for the ascendancy of the country's currency, the yuan (or renminbi). | China...
China assesses its gold strategy
Asia Times
| By Russell Hsiao | Chinese leaders convening in Beijing for the annual plenary session of the National People's Congress (NPC) - China's ceremonial legislature - this week will, among other things, hammer out a blueprint for the ascendancy of the c...
China's Geely Secures Financing to Buy Volvo: Report
ABC News
March 10, 2010 | STOCKHOLM (Reuters) - The parent of China's Geely Automobile has secured financing to buy Ford-owned Volvo cars for about 15 billion Swedish crowns ($2.10 billion), a Swedish business daily reported on Wednesday. | Dagens Industri, c...
Foreign investors help Pakistan stocks gain
Gulf News
| Karachi: Pakistani stocks ended up at a near two-week closing high on buying by foreign investors which boosted local investor confidence, dealers said. | The Karachi Stock Exchange's benchmark 100-share index KSE rose 46.84 points, or 0.48 pe...
China banking watchdog to tighten monitoring on non-banking financing
China Daily
| BEIJING - China would step up work to monitor non-banking financing, said the China Banking Regulatory Commission (CBRC) Tuesday in a statement on its website. | More focus would be put on businesses in connection with trust companies and the real ...
FirstRand results satisfactory, China partnership on course
Business Report
  | By Mzwandile Jacks | Submit your comment | FirstRand, South Africa's third-biggest bank, had completed several "significant transactions" following the signing of an agreement with China Construction Bank (CCB), chief executive Sizwe Nxasana...
China to tighten monitoring on non-banking financing
China Daily
| BEIJING - China would step up work to monitor non-banking financing, said the China Banking Regulatory Commission (CBRC) Tuesday in a statement on its website. | More focus would be put on businesses in connection with trust companies and the real...
An American International Group office building is shown in the Woodland Hills area of Los Angeles, Monday, Nov. 10, 2008. In a record bailout of a private company, the government on Monday provided a new $150 billion financial-rescue package to troubled insurance giant AIG, including $40 billion for partial ownership.
AP / Nick Ut
AIG sells Alico to MetLife for $15.5B in ongoing bid to payback government
Star Tribune
| NEW YORK - American International Group will sell its overseas life and health insurance unit for $15.5 billion to MetLife Inc. in an ongoing bid to repay billions in government ...
Tsuen Wan District (traditional Chinese: ) is one of the 18 districts of the Hong Kong Special Administrative Region of China. It is located in the New Territories and is served by the Tsuen Wan Line of the MTR metro system. It had a population of 275,527 in 2001. Its residents enjoy the highest income in the New Territories.
Creative Commons / WiNG
China looks to narrow city-rural development gap
Houston Chronicle
| BEIJING - China is boosting representation for its dwindling rural population in the national legislature as part of a new push to narrow the development gap between city and cou...
Shire chairman raises £1.5m from disposal
Money Week
| Matthew Emmens, the chairman of pharma company Shire, has raised nearly £1.5m from a share sale. | Emmens sold 33,302 American Depositary Shares (ADSs) at an average price of $66.44. Each ADS is equivalent to three ordinary shares. The selling pri...
China, India sign on to Copenhagen climate change accord, but with reservations
Hartford Courant
AMSTERDAM (AP) — joined on Tuesday in giving qualified approval to the climate accord calling for voluntary limits on greenhouse gas emissions. | The official messages to the U.N. climate change secretariat did little to ease the pessimism that...
Sugar retail prices come down
The Times Of India
NEW DELHI: Improved supply and higher output figures for 2010-11 pressured down sugar retail prices countrywide over the last month to the Rs 37-39/kg range, down noticeably from a high Rs 50-odd/kg last year end and early this year. | As compared to...
China tries microblogging top political event of the year, with hiccups here and there
Hartford Courant
(AP) — So this is how you get through biggest political event of the year: "Sit still, stare toward the front, pretend like you're looking but you're really not, pretend like you're listening but you're really not ... make your brain blank." | ...
Banking
 KLps1 - China - Chinese Yuan - Currency - Money - Reminbi. (ps1)
(photo: WN/Patricia)
China reaffirms to keep yuan basically stable
China Daily
| BEIJING - China will keep the exchange rate of the renminbi, or the country's currency yuan, basically stable at a reasonable and balanced level, Yi Gang, vice governor of China's central bank, said Tuesday. | China will stick to the "established policy" of "steadily advancing the convertibility of yuan under capital accounts" despite the rising ...
Economy
 Flood affected women and children queue for food outside a relief camp in Kamrangirchar, outskirts of Dhaka, Bangladesh, Wednesday, Aug. 8, 2007. More than two weeks of monsoon rains across much of northern India, Bangladesh and Nepal have flooded rivers
(photo: AP Photo/Pavel Rahman)
One-ninth of Nepal faces starvation, UN warns
Samachaar
Kathmandu: One-ninth of Nepal's nearly 27 million population face starvation, the UN warned Wednesday. | Nearly half of Nepal's 75 districts, mainly in the west and mountain regions, are grappling with food shortages. An additional $123.5 million is urgently needed to assist more than 3.4 million vulnerable people in Nepal, the UN Office for the Co...



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