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Breaking News Sun, 20 May 2012
Mitsubishi Motors - Vehicle - Car - Automaker
(photo: WN / Sweet Radoc)
World stock markets sink on US, Europe worries
The Boston Globe
| BANGKOK-World stocks fell Friday after credit downgrades slapped on Spanish banks unnerved investors already worried about the stability of the 17-country euro currency union. | The fall in European shares followed a sharp downturn in Asia where markets were also rattled by weak U.S. manufacturing...
Copper -Metal -India(sk1)
(photo: WN / Sayali Santosh Kadam)
Copper rebounds from 4-month lows, Greek worries cap gains
Reuters
| LONDON (Reuters) - Copper steadied on Thursday following hefty losses in the previous session that dragged prices to four-month lows, but gains were fragile as worries about the deepening political crisis in Greece kept investors cautious. | The metal used in power and construction snapped four se...
Brent Recovers Towards $108 on Possible China Growth Stimulus
CNBC
| Brent crude recovered towards $108 on Monday on hopes that China could take new steps to stimulate growth and lift fuel demand at the world's second largest oil user, although concerns about the euro zone crisis capped gains. | China's premier call...
Group Seeks UN Help Over S.Koreans Detained in China
Chosunilbo
| A South Korean activist group is seeking UN help over China's detention of South Korean activists involved in helping North Korean defectors there. Kim Young-hwan and three fellow activists have been detained in China for unclear reasons since Marc...
Analysis: China reformer sees his opportunity after Bo's fall
The Star
| SHANGHAI/BEIJING (Reuters) - One of China's most conspicuously reform-minded leaders has stepped back into the spotlight after the nation's biggest political convulsion in a generation, positioning himself to gain from the fall of populist politici...
Asian equities gain as China turns focus towards growth
Citywire
| Asian equities gained on Monday after Premier Wen Jiabao said China will focus more on boosting economic growth, signalling policies may be eased further as inflation moderates. | The MSCI Asia Pacific Index rose 0.3% to 113 as of 12:36 p.m. in Tok...
06-08 Hyundai Accent
Public Domain / IFCAR
Asia stocks fall amid political turmoil in Greece
WPXI
| Asian stocks dived Wednesday after a failure by Greece's political leaders to form a coalition government set the stage for new elections next month, keeping Europe's debt crisis...
A small pile of snow is seen outside an Isuzu branch office in Springfield, Illinois, USA as seen on this January 22, 2010 file photo.
WN / Janice Sabnal
World stocks mixed amid Greek political impasse
Atlanta Journal
| BANGKOK — World stocks were held in check Tuesday by a political impasse in Greece that could lead it to a destabilizing exit from the euro currency union. Shizuo Kambayash...
 KLdy1 - Aug06 - retail - fashion - fabric - textile - clothes - clothing industry - economy. (dy1)
WN / deniseyong
DAVID GLEASON: Treat clothing shares with caution
Business Day
| AN EXAMINATION, however brief, of the clothing retail sector inevitably leads back to the economy. And, believe me, there is no doubt that it has turned down. That recent jump in...
Asian shares mixed after G8 meeting
The Times Of India
Tweet HONG KONG: Asian markets were mixed on Monday after last week's huge losses, with traders taking some heart from a statement by Group of Eight leaders saying they wanted Greece to remain in the eurozone. | The euro also bounced back from four-m...
Chinese shares flat in morning trade
The Times Of India
TweetSHANGHAI: Chinese shares were flat in morning trade Monday amid concerns over the domestic economic slowdown, dealers said. | The benchmark Shanghai Composite Index, which covers A and B shares, was up 0.05 percent, or 1.07 points, to 2,345.59. ...
China dependent on foreign expertise
China Daily
Robert Dudley, group chief executive of BP Plc, delivering a speech at Tsinghua University. The company, together with Husky, Anadarko Petroleum Corp and Eni SpA, is cooperating with China National Offshore Oil Corp to explore deepwater resources in ...
South China Headlines
The Minister of State for Defence, Dr. M.M. Pallam Raju - India- Politics
(photo: PIB of India)
China poses no threat to India: Pallam Raju
The Hindu
China posed no threat to India despite border dispute but the country was equipping itself well and having a strong deterrence posture so that no adversary took it for granted, the Minister of State for Defence, Dr M.M. Pallam Raju, said today. | “I think it is not a threat. We have a very healthy economic partnership with China, which is our...
Politics
File - Chinese soldiers look at cars confiscated from a company owned by fugitive smuggling suspect Lai Changxing, including a bullet-proofed Mercedes Benz, at an anti-smuggling exhibition in Beijing Thursday, Nov. 11, 2004.
(photo: AP / Greg Baker)
China sentences fugitive smuggler Lai to life term
Denver Post
| BEIJING—The man once considered China's most-wanted fugitive was sentenced to life in prison for smuggling and bribery in a lurid corruption case that reached into the highest echelons of the Communist Party and involved a decade-long extradition fight. | The official Xinhua News Agency reported that Lai Changxing was convicted and sentence...



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