CHINA

Top Pre-Market NASDAQ Gainers (ITMN, YRCW, TTWO, ORCL, CSUN)

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The top pre-market NASDAQ stock market gainers are: InterMune, YRC Worldwide, Take-Two Interactive Software, Oracle, China Sunergy, Veeco Instruments, Research In Motion, China MediaExpress Holdings, Powerwave Technologies, and MIPS Technologies.
North Korea threatens South with deadlier attacks over live fire drills

North Korea threatens South with 'deadlier attacks' over live-fire drills

North Korea on Friday warned of 'deadlier attacks' if the South decides to go ahead with live-fire drills on Yeonpyeong Island in the Yellow Sea. Officials of the communist state maintained that the attacks this time would be more lethal than that of last month's artillery shelling that killed two South Korean soldiers and two civilians.
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China can cap inflation next year: regulator

China will be able to keep a grip on inflation next year, but will have a harder time in coping with hot money inflows fanned by loose polices in the West, chief banking regulator Liu Mingkang said on Friday.
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Top After-Market NASDAQ Gainers (YRCW, TTWO, ORCL, ICON, RNOW)

The top after-market NASDAQ stock market gainers are: YRC Worldwide, Take-Two Interactive Software, Oracle, Iconix Brand Group, Rightnow Technologies, Dress Barn, Activision Blizzard, Research In Motion, China MediaExpress Holdings, and OmniVision Technologies.
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Taiwan OKs AU's plan to build new China LCD plant

Taiwan's economics ministry approved on Friday a plan by AU Optronics Corp to build a new LCD plant in China, paving the way for the world's No.4 LCD maker to tap future growth potential on the mainland.
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Irish premium up, euro eases on Moody's cut

World stocks advanced on Friday, partly lifted by firmer commodities as the dollar fell, while Irish and Portuguese bond yields rose after Moody's cut Ireland's rating by five notches.
Capital inflows to emerging market economies poses risks in the future

S&P raises China’s debt rating

Standard & Poor’s upgraded its long-term foreign and local currency sovereign credit ratings on the People’s Republic of China to ‘AA-’ (its fourth-highest ranking) from ‘A+’.
Japan's Foreign Minister Seiji Maehara (L) meets with China's Foreign Minister Yang Jiechi in Hanoi

Top political and economic risks for Asia next year

The Asia-Pacific region will continue to be the fastest-growing region of the world in 2011, according to a forecast by IHS Global Insight. However, the report says the region faces significant risks in the backdrop of the fragile state of some of the largest economies in the world, the raging sovereign debt crisis in the European Union and 'deep-seated structural problems facing Japan.
North Korea backed off from a threat that it would retaliate if the South went ahead with the live-fire drill on the Yeonpyeong islands.

Tension rises in Korean Peninsula as South plans live-fire drills in Yellow Sea

South Korea will hold live-fire exercises on Yeonpyeong Island, officials in Seoul stated on Thursday. The military drill, which will be the first such maneuver on Yeonpyeong Island since last month North Korea attack, is likely to revive tension in the region as the North warned nuclear assault in retaliation to any provocations.
Floods disrupt Australian coal export, US coals fill market gap

Chinese commodity boom not to last long; prices could fall

China has been on a commodity price-control overdrive in the past few months in a bid to tame inflation, allay fears of shortages and crack down on hoarding and price-gouging. However, the Chinese commodity boom may not last forever and the prices could likely fall, an analyst has said.
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Top After-Market NASDAQ Losers (SCLN, TOBC, CFFN, OFIX, PULB)

The top after-market NASDAQ stock market losers are: SciClone Pharmaceuticals, Tower Bancorp, Capitol Federal Financial, Orthofix International, Pulaski Financial, Energy Recovery, Energy Conversion Devices, China Ritar Power, EZchip Semiconductor, and Hercules Offshore.
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China regulator tells banks to lend as normal

Chinese banks should ensure that the normal demand for loans is satisfied this month, the banking regulator said on Thursday, signaling that the government wants to avoid an over-tightening of credit.
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China will keep yuan stable: central bank newspaper

The groundwork is in place for a stable yuan because China's current account surplus is trending down and other currencies have been swirling about in choppy trade, an official newspaper said on Thursday.
A migrant worker carries his belongings on his shoulder as he walks to a train station in Beijing October 19, 2010. China must lift the incomes and spending power of hundreds of millions of workers and farmers to keep the world's second-biggest economy fr

Social discontent rising in China: CASS

Social unrest in China has significantly increased this year, with people in small towns and rural areas particularly unhappy with their lives, according to a study by the Chinese Academy of Social Sciences (CASS), a Chinese think-tank.

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