CHINA

Wall Street slips on global growth worry

Stocks fell slightly on Wednesday after a downgrade of Portugal's credit rating, China's interest rate rise and a soft report on the U.S. services sector sparked jitters about global growth prospects.

Amid rumors of Jiang Zemin's death, speculation about China's new leadership

Chinese Leader Jiang Zemin

As the core of the third generation of Communist Party leaders, and as someone famous for his flamboyant personality, Jiang's absence from CCP's 90th anniversary is unusual. Rumors of his death triggers speculations about the power shifts within the Communist Party as the 2012 leadership transition is drawing closer.

Instant view: China raises interest rates for 3rd time in 2011

China's central bank increased interest rates for the third time this year on Wednesday, making clear that taming inflation is a top priority even when as the economy slows gently.

China's Jiang Zemin Rumored Brain-Dead: Military Hospital Tightens Guard [VIDEO]

On July 1, Jiang was absent at an important event in Beijing commemorating the 90th anniversary of China's Communist Party.A few days later, an important figure was urgently hospitalized into 301 Military Hospital located in Beijing, China. The figure is reportedly the former Chinese leader Jiang Zemin, who was rumored to be in sickness since his last public appearance in Jiangsu on May 14th.

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Wall St set to open lower on Portugal, China

Stocks were poised for a lower open on Wednesday after Moody's downgrade of Portugal's credit rating to junk and China's interest rate rise sparked jitters about global growth prospects.

Chinese President Hu Jintao (R) and former president Jiang Zemin toast during a banquet marking the 60th anniversary of the founding of the People's Republic of China at the Great Hall of the People in Beijing September 30, 2009

Has Former Chinese Leader Jiang Zemin Died?

Speculation and rumors that former Chinese leader Jiang Zemin may have died have led government internet censors to quash any such discussion of the subject online.

China Facing Economic Troubles

5 Reasons China's Bubble Will Burst

China raised interest rates for the third time this year in response to rising inflation in the country. That's just one of the problems the world's second-largest economy faces.

Futures down after Portugal cut, China rate hike

Stock index futures fell on Wednesday after Moody's downgrade of Portugal's credit rating to junk and China's interest rate rise triggered unease about global growth prospects.

China raises interest rates again

China's central bank increased interest rates for the third time this year on Wednesday, making clear that taming inflation is a top priority even when as the economy slows gently.

China longest bridge

China's Jiaozhou Bay Bridge Is Now World's Longest Bridge [Latest Pictures]

The Qingdao Jiaozhou Bay Bridge in China, which was opened on Jun 30, 2011, on Thursday, is now the world’s longest sea bridge.

Lenovo's China launch raises questions over game console ban

Lenovo's launch of a home videogame console in China this year may throw into question the country's decade-old ban on the gadgets and could eventually open the $5.8 billion Chinese game market to Sony Corp and Microsoft.

China opens world’s longest cross-bridge in Shandong Peninsula

World’s longest bridge in China: Is it safe?

The world’s longest bridge that links Qingdao City in east China to the island of Huangdao has raised questions over the safety issues.

Temasek raises $3.6 billion from sale of China banks' stakes

Singapore's Temasek sold stakes in two of China's biggest banks on Wednesday to raise $3.6 billion, in a move likely aimed at reducing the sovereign investor's big exposure to the financial sector and building up a warchest.

China bank stocks drop, euro steadies

Chinese banking shares fell for a second day on Wednesday after a sovereign fund unloaded a stake in two banks, flashing a cautious signal about risk even after the euro clawed back losses endured on Moody's downgrade of Portugal to junk status.

Euro struggles and China banks fall on Temasek

Chinese banking shares fell for a second day on Wednesday, while the euro clawed back losses but was still seen at risk after Moody's slashed Portugal's credit rating to junk status, reigniting fears that it may need a second rescue package.

Malaysia's AirAsia to extend Airbus deal to 300 planes: source

AirAsia Bhd will extend a deal with Airbus for its new A320neo jets to 300 planes, a source with knowledge of the deal said, making the Malaysia-based budget airline one of the largest in the world.

Asian stocks ease, euro fragile as risk rally pauses

Asian stocks were off to a weak start while the euro remained fragile on Wednesday morning after Moody's slashed Portugal's credit rating to junk status and as investors take a breather after the past week's rally in risky assets.

Get Sterilized, Win a Car in Rajasthan, India

In an attempt to counter high population grown in Rajasthan, India, health officials in the western state are launching a new campaign encouraging men and women to volunteer for sterilization

Shuttles' end stirs doubts about U.S. space program

As the clock ticks down to this week's final space shuttle launch, there is a mounting sense of uncertainty about future U.S. dominance in space.

Global Temperatures

Chinese Coal Stopped Global Warming: Cherry Picking or Legit Explanation?

The Chinese burning of coal may explain why global warming has halted in the last 10 years, according to a study published in the Proceedings of the National Academy of Sciences (PNAS).

Xinjiang Uyghur Autonomous Region

Amnesty Blasts Beijing on Xinjiang Crackdowns

Amnesty international blasted Beijing for a protracted crackdown on ethnic unrest in Xinjiang, a region in China's far West, in a report issued yesterday.

Toyota's March sales were up.

Toyota Leads Global Companies in R&D Investment

A study says Toyota leads global companies in total dollars invested in research and development.

Transformers: Dark of the Moon

'Transformers: Dark of the Moon' Sees World in 3D

Transformers: Dark of the Moon also known as Transformers 3, which began its assault last Tuesday night, smashed its way through box office records by Monday with global gross receipts nearing $400 million, but not yet opened in Japan or China.

Wall St set to drop at open after five-day run

Stock index futures were poised for a slightly lower open on Tuesday before factory orders data and after stocks had their best week in two years last week, leaving the market primed for a decline.

Apple's iPhone

Apple Orders 15 Million iPhone 5's into Production

A report says Apple has ordered production of 15 million iPhone 5's. The report says the iPhone 5 will have only minor upgrades from the iPhone 4, and that the product will ship in September.

Apple's iPhone

Apple gears up to release 15 million iPhone 5s in September, but with minor upgrade

Apple has placed an order for 15 million iPhone 5s with Taiwan-based note-book maker Pegatron Technology which will start shipping them in September 2011.

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