CHINA

China to continue property tightening in 2011: report

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China will not relax curbs on property speculation in 2011 and will reinforce the implementation of measures to contain rising home prices, domestic media reported on Wednesday, citing Housing Minister Jiang Weixin.
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Barnes & Noble fails to end Nook lawsuit

Barnes & Noble Inc lost its bid to dismiss Spring Design Inc's lawsuit accusing the largest U.S. bookseller of illegally copying a screen design for the popular Nook electronic book reader.
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China cuts rare earth export quotas, U.S. concerned

China said on Tuesday it will cut its export quotas for rare earth minerals by more than 11 percent in the first half of 2011, further shrinking supplies of metals needed to make a range of high-tech products.
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GM up after high marks from Wall Street

General Motors Co shares rose as much as 2.5 percent in midday trading on Tuesday after banks resumed coverage of the automaker with high marks for its North American sales and position in emerging markets.
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Nokia-Motorola Deal Awaits Nod From China

Nokia Siemens Networks said it should complete its acquisition of Motorola's wireless infrastructure assets in the first quarter of 2011, once Chinese regulators give the nod.
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Pending China OK delays NSN buy of Motorola unit

Nokia's network gear arm Nokia Siemens Networks has delayed its agreed $1.2 billion acquisition of Motorola's telecom network equipment arm, citing pending permission from the Chinese regulator.
Russia's WTO membership faces hurdles: report

Russia embraces free software, a huge blow to Microsoft

In a blow to Microsoft, Russia has taken another step towards transition into complete usage of free software. Prime Minister Vladimir Putin on Monday signed an order for the transition of federal bodies and agencies to use free software.
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China relaxes rules for currency forwards

China will allow more banks to sell currency forwards to their clients to further develop demand and the nation's nascent derivatives market, the country's foreign exchange regulator said on Tuesday.
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Futures climb as year-end rally appears on course

U.S. stock index futures climbed on Tuesday ahead of an expected higher reading on U.S. consumer confidence, as Japanese production rose, indicating the global economic recovery was on track and adding fuel to a year-end rally.
Fluoride is added to 70 percent of U.S. public drinking water supplies.

Flouride in water lowers IQ levels: report

Exposure to fluoride may lower children's intelligence, says a study pre-published in Environmental Health Perspectives, a publication of the National Institute of Environmental Health Sciences. Fluoride is added to 70 percent of U.S. public drinking water supplies.
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Stock index futures signal small gains

Stock index futures pointed to a slightly higher open on Wall Street on Tuesday, with futures for the S&P 500 up 0.2 percent, Dow Jones futures up 0.08 percent and Nasdaq 100 futures up 0.02 percent at 1000 GMT (5 a.m. ET).
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China vows lending control to tame inflation

China's central bank took aim at inflation once again on Monday by saying it will control lending and money growth in the world's second-biggest economy to head off price pressures and asset bubbles.
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Japan, China shares fall after rate rise

Shares in Japan and China eased on Tuesday as concerns that further Chinese monetary tightening will cool the engine of world economic growth overshadowed Japanese data that pointed to improving demand.
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China needs to maintain trade surplus: vice minister

It is essential for China to maintain a trade surplus and expand its share of global trade, a senior official said in comments reported on Tuesday that appeared to cut against the government's pledge to seek more balanced trade ties.
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U.S. stocks recover after China rate move, euro up

U.S. stocks closed little changed and the dollar lost ground to the euro in thin trade on Monday, buffeted by China's Christmas Day interest rate hike and a blizzard that pounded the northeastern United States.

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