Asian stocks rise on hopes of Greek debt deal The State | BANGKOK - Asian stock markets mostly rose Tuesday, shrugging off tough negotiations between Greece and its creditors amid expectations a deal to cut the country's debt mountain will ultimately be reached. | Trading in the region was subdued due to Chinese New Year holidays. Markets in Hong Kong, m...
Trust in government has 'suffered a severe breakdown' BBC News Public trust in government has suffered a severe breakdown across the world, according to the Edelman Trust Barometer. | Governments have been blamed for the financial and political chaos of 2011. | In 17 of 25 countries surveyed governments are now trusted to do what is right by less than half thos...
A New Direction For China's Massive Shale Gas Reserves The Street | It's estimated that China holds more natural gas – locked in its huge shale reserve – than the U.S. | And while the country hasn't yet begun commercial production, a new Chinese law has just given the green light to start allowing North...
Obama plans new team to get tough on China trade Daily Press | WASHINGTON (Reuters) - President Barack Obama on Tuesday said he was creating an enforcement unit to crack down on unfair trade practices in China and other countries and would beef up border inspections to block imports of counterfeit goods. | "I ...
A New Direction for China's Massive Shale Gas Reserves Business Insider | It's estimated that China holds more natural gas – locked in its huge shale reserve – than the U.S. | And while the country hasn't yet begun commercial production, a new Chinese law has just given the green light to start allowing North...
ILFC to Establish New Offices in Beijing and Singapore Journal of Commerce Seeks to Strengthen Regional Leadership with Appointment of Regional Head | LOS ANGELES --(BUSINESS WIRE)--International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. (NYSE: AIG), announced today th...
China's Explosive Debt Growth Can't Continue Much Longer Business Insider | Michael Pettis | URL | Michael Pettis is a professor at Peking University’s Guanghua School of Management, where he specializes in Chinese financial markets, and a Senior Associate at the Carnegie Endowment for International Peace. Recent Posts E...
Here be dragons Asia Times | Jan 24, 2012 | Here be dragons | By Kent Ewing | HONG KONG - The dragon is the most revered and auspicious animal in the Chinese zodiac, but this Year of the Dragon, which begins on January 23, was off to a bad start before...
AP
Chinese Stocks Lead Global Advance Jakarta Globe London. Robust growth in China helped stock markets rally strongly on Tuesday as investor fears of an abrupt slowdown in the world’s second-largest economy were eased. | With Eur...
Ford China Sales Hit Overdrive The Street | NEW YORK (TheStreet) -- While the overall Chinese automotive market grew by only 2.5% in 2011, Ford (F) managed to grow its sales by 7% to 519,390 units. While Ford China sales v...
Rethinking capitalism in a spivs' paradise The Guardian | David Cameron believes he is on a crusade to drive a new "moral capitalism" (Report, 19 January). He should read Will Hutton on stakeholder capitalism and look to Germany, where employee representatives engage in corporate decision-making including...
Beijing begins measuring tiny air pollutants Hartford Courant | BEIJING (Reuters) - Beijing began disclosing the amount of tiny pollution particles in the air on Saturday, in a move that could improve disclosure but alarm a public barely resigned to the capital's choking smog. | The new measurement of particles...
Beijing starts releasing key air pollution data Austin American Statesman | BEIJING — Beijing has started releasing hourly readings for key air quality data that are expected to better indicate the extent of the city's air pollution. | Beijing's environmental monitoring center began posting PM2.5 readings on its webs...
State of the Union speech CBC | Remarks of President Barack Obama – As Prepared for Delivery | Mr. Speaker, Mr. Vice President, members of Congress, distinguished guests, and fellow Americans: | Last month, I went to Andrews Air Force Base and welcomed home some of our last troops to serve in Iraq. Together, we offered a final, proud salute to the colors under which more than...
Bank of America reverses loss and earns $2 billion The State | NEW YORK - Bank of America made $2 billion in the last three months of last year, reversing a loss from a year earlier. It offset legal expenses over mortgages and losses in its investment banking business by selling debt and its stake in a Chinese bank. | The bank said Thursday that it made 15 cents per share in the fourth quarter. That fell sho...
