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China News 08/2012 (Page 5)



After Saab Bankruptcy, Boston-Power Finds a Foothold in China
The production version of the electric sedan, called the C70 EV, will use batteries supplied by Boston-Power, a former supplier to Saab. Boston-Power, the Massachusetts-based battery manufacturer that was a supplier to Saab's electric-vehicle program ...

Best of Decade Energy Stocks Cheap in Asia
Best of Decade Energy Stocks Cheap in Asia. Investors in the industry, which includes Cnooc Ltd., China's largest offshore oil producer, and Reliance Industries Ltd., India's biggest natural gas maker, more than quintupled their money over the decade, ...

Samsung Supplier in China Uses Underage Workers, Says Labor Watchdog ...
Samsung Supplier in China Uses Underage Workers, Says Labor Watchdog ...

2 US Women's Teams to Play for Olympic Beach Gold
The beach volleyball title is staying in the United States. That's for certain. The big question now is which team gets the gold. A few hours after twice-defending champions Kerri Walsh Jennings and Misty May-Treanor beat China, first-time Olympians ...

China Bonds Snap Four-Day Drop on Prospects for Monetary Easing
China's five-year government bonds rose, snapping a four-day decline, on speculation the central bank will cut the reserve requirement for lenders or lower interest rates as the world's second-largest economy slows. A government report tomorrow may ...

Murder trial at heart of Chinese political scandal set to begin
Murder trial at heart of Chinese political scandal set to begin. From Jaime A. FlorCruz and Steven Jiang, CNN. updated 10:37 AM EDT, Wed August 8, 2012. STORY HIGHLIGHTS. Gu Kailai and a family aide are accused of murdering a British businessman ...

Typhoon Haikui Slams East China
Typhoon Haikui has hit eastern China, the third such storm to make landfall there in a week. The storm came ashore in Zhejiang province early Wednesday bringing heavy rains and winds of up to 150 kilometers per hour. More than 1.5 million people were ...

James Cameron's 3D China venture
BEIJING -- Filmmaker James Cameron and 3D photography specialist Vince Pace have announced that the Cameron Pace Group (CPG), which specializes in providing 3D technology, services and consulting to other producers, will launch a new joint ...

Great Escape: How Brits Helped One-Legged Admiral Flee Hong Kong
On Christmas Day 1941–after 17 days of fighting that began shortly after the attack on Pearl Harbor — Japanese forces overran British defenses in Hong Kong. As soon as the signal was given to surrender, a party of British intelligence and staff ...

Iron Ore-Shanghai rebar falls for 4th day in 6, ore hits 2-1/2 yr low
(Updates iron ore spot price). * No recovery seen yet for China steel, iron ore prices. * China iron ore imports probably fell in July. * Rio predicts rebound in Chinese economy later this year. * Iron ore shipments to China from Australian port down ...

From Competitor to Spectator: A Different View of the Olympics
Arriving in London for the 2012 London Olympics was drastically different from my arrival in Beijing four years ago. For me, Beijing was filled with a flurry of photographers, excitement, new surroundings and the nerves of competing in my first Olympic ...

China Firm to Buy Control of US-Backed Battery Maker
By MIKE RAMSEY · A123 Systems Inc., a struggling, U.S. government-backed manufacturer of advanced batteries for electric vehicles, is turning to one of China's largest auto parts makers for a bailout. The Waltham, Mass.-based company said on ...

Without Yao, China basketball has work to do
LONDON — All Yao Ming could do was watch. While the Chinese basketball team that he used to lead was routed one game after another at the London Olympics, the 7-foot-6 center who spearheaded a basketball boom in the increasingly sports-crazy nation ...

METALS-Copper slips on weak euro; China data eyed
Euro falls vs dollar on weak German data * Markets hope for ECB action to help Spain, Italy * China industrial production, trade data due this week By Harpreet Bhal and Silvia Antonioli LONDON, Aug 8 (Reuters) - Copper retreated on Wednesday from a ...

Bo and Gu on trial, in different ways
Bo Xilai's political career nose-dived since wife's arrest on murder charges; Gu Kailai accused of murdering British businessman Neil Heywood last November; Bo stripped of posts but still popular in Chongqing where he championed populist agenda ...

China Consumer Inflation Eases for Fourth Straight Month
China's inflation cooled for a fourth month in July, providing more room for Premier Wen Jiabao to loosen policies to stem a growth slowdown in the world's second- biggest economy. Consumer prices rose 1.8 percent from a year earlier, the National ...

Asian Shares Higher as China Inflation Slows
--Asian markets edge forward after economic data. --Nikkei up 0.6%, Hang Seng Index up 0.7%, S&P ASX 200 up 0.2%. --Rio Tinto delivers strong first half earnings. (Adds information, updates market levels). By Daniel Inman. Asian markets climbed on ...

Brent stays above $112 ahead of China economic data
SINGAPORE (Reuters) - Brent crude stayed above $112 a barrel on Thursday on hopes of more stimulus from China to support economic growth and fuel demand at the world's second largest oil consumer. A fall in U.S. crude inventories last week and supply ...

India morning call-Global markets
-----------------(8:30 a.m India Time)----------------------- Stock Markets DJIA 13175.64 +7.04 Nikkei 8918.94 +37.78 NASDAQ 3011.25 -4.61 FTSE 5845.92 +4.68 S&P 500 1402.22 +0.87 Hang Seng 20,0229.28+171.53 SPI 200 Fut 4287.00 +7.00 CRB Index ...

Japan Stocks Gain as China Inflation Slows Fourth Month
Japanese stocks advanced after China inflation slowed for a fourth month, widening the scope for easing in Japan's biggest export market, and ahead of a Bank of Japan policy decision today. Fanuc Corp. (6954), a maker of robotics used in Chinese ...

China CNR Announces First High-Speed Rail Sales to Europe With Siemens Deal
CNR unit to sell $14 million of high-speed train components to Siemens. -- Components to be used in roofing, floors, walls of aluminum-alloy train cars. -- Deal marks first time CNR will export key components for high-speed trains to Europe. (Recasts ...

China bounces back in diving; Chen leads women's 10-meter diving at London ...
China bounces back in diving; Chen leads women's 10-meter diving at London ...

West China Says Business Healthy After Short-Seller Note
West China Cement Ltd. (2233) said its business was “healthy” after short-seller Glaucus Research Group questioned its corporate governance and financial statements. “I don't know why the company was targeted,” Chairman Zhang Jimin told reporters in ...

Courtroom spectator: Gu Kailai, wife of Bo Xilai, confessed to murder at ...
Courtroom spectator: Gu Kailai, wife of Bo Xilai, confessed to murder at ...

Analysis: Good News in Rising Exports
Wells Fargo Senior Economist Eugenio Aleman talks with Jim Chesko about today's reports on the U.S. trade deficit and initial jobless claims. The U.S. trade deficit in June shrank by 10.7% to $42.92 billion as imports declined amid weak oil prices ...

Secondary Sources: No More Growth Miracles, China Inequality, Fed vs. Treasury
By Phil Izzo. A roundup of economic news from around the Web. –No More Growth Miracles: Dani Rodrik says rapid growth in the developing world will prove the exception rather than the rule. “Successful long-term development therefore requires a ...

Jeremy Lin Pushes Fun Amid Gold Rush
Basketball star Jeremy Lin has a message for China: Sports should be fun. The soft-spoken NBA player told Chinese media Thursday in Beijing, during his first visit to the Chinese capital, that Chinese face a lot of pressure to perform, but he ...

GRAINS-US corn soars to new contract high, nears record
Contract high in new-crop December corn * Corn nearing record highs on U.S. drought fallout * Traders position for latest USDA forecast on Friday * Weather concerns, Chinese buying talk buoys soybeans (Updates to add US trading session, fresh analyst ...

China GPs Need to Raise Their Game, as Asia Alternatives Looks to Splash ...
China GPs Need to Raise Their Game, as Asia Alternatives Looks to Splash ...

METALS-Copper steady, China data boosts stimulus hopes
China July industrial output growth at three-year low * China CPI at 30-month low offers room for more easing * U.S. job, trade data beat expectations By Susan Thomas and Silvia Antonioli LONDON, Aug 9 (Reuters) - Copper was little changed on Thursday ...


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