CHINA

G20 leaders set to curb bonuses, keep stimulus

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World leaders are likely to agree to curb bank bonuses at next week's G20 summit and want evidence recession is over before they stop spending to prop up their economies, European heads of government said on Thursday.
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California moving to boost small solar projects

Solar power makers will get a boost in California, already their largest U.S. market, as it sharpens its focus on small-scale projects as part of efforts to get a third of its power from renewable energy.
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G20 stands firm on economic support pre-summit

World leaders will commit to keep spending to prop up their economies at a G20 summit next week, Russia said on Thursday, while France appeared to tone down its rhetoric on the issue of bank bonus caps.
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G20 firm on economic support

World leaders will commit to keep spending to prop up their economies at a G20 summit next week, Russia said on Thursday, while France appeared to tone down its rhetoric on the issue of bank bonus caps.
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China anniversary puts security jitters on show

The Chinese government is flooding Beijing with armed police and up to one million security volunteers to head off any unrest over October's sensitive anniversary of 60 years of Communist Party rule.
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China sentences 4 syringe attackers in Xinjiang

Four Uighur men were sentenced to between eight and 15 years in prison for stabbing a Han Chinese woman in the neck with a syringe in the capital of the ethnically divided Xinjiang region in China's northwest.
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Obama to reassure G20 on Wall Street reform

President Barack Obama will pledge U.S. action on financial regulatory reform at the Group of 20 summit in Pittsburgh and underscore the need for global coordination on the issue, a senior aide said on Wednesday.
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China's MCC prices HK's top IPO at low end of range

Metallurgical Corp of China (MCC) priced the Hong Kong portion of its initial public offering at the lower end of an indicated range, sources said on Thursday, as the IPO's size and sector appeared to have dampened demand for the construction and engineering company.
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Nissan sees 2009 China sales 18 percent above target

Nissan Motor Co (7201.T) said on Thursday it expects its Chinese vehicle sales to climb 18 percent above its initial target of 570,000 units this year, helped by the government's tax incentives on smaller cars.
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TIMELINE: China car makers eye global brands

Geely Automotive (0175.HK), the Chinese carmaker whose parent is eyeing Ford's (F.N) Volvo unit, has approached Canadian auto parts maker Magna International about possibly taking a stake in Opel, a source said.
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Steps by developing nations to fight climate change

Major developing nations have announced steps over the past year to curb their growing greenhouse emissions as the world tries to negotiate a broader, and tougher, U.N. pact to slow the pace of climate change.
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Japan energy min aims to expand power feed-in tariff

Japan's new energy minister said he aims to expand the nation's electricity feed-in tariff scheme to other energy sources beyond solar power within two years, to help meet the new government's goals to cut greenhouse gas emissions by 25 percent below 1990 levels by 2020.
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Geely discussed Opel stake with Magna: source

China's Geely Automobile has approached Magna International about joining the Canadian auto part maker's bid for Opel, a source familiar with the matter said, as China chases Western brands and the technology it needs to drive future growth.
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Global shares rally, dollar falls

Global shares rallied on Thursday, pushing the benchmark world index to a fresh 11-month high, while the euro hit a one-year peak against the low-yielding dollar as investors put back risk trades due to economic optimism.
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Asian shares rally, dollar hits 1-year low

Asian stocks hit their highest level in 13 months on Thursday on signs the global economic recovery could be strengthening, while the dollar slid to a fresh one-year low as investor optimism eroded its safe haven appeal.
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Alibaba to grab market share with Taobao

China's e-commerce giant Alibaba.com is to boost domestic market share by encouraging more users to sell products through its online auction site Taobao, China Daily reported on Tuesday.
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Global investors call for binding climate policy

Banks, pension funds and other investment groups representing more than $13 trillion in assets called for a strong global agreement on climate policy on Wednesday, saying it would lead to a flood of investment into the low-carbon economy.
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Three-day rally brings GE stock into black for '09

General Electric Co shares crossed into positive territory for 2009 on Wednesday, in their third day of steady gains, helped by recent brokerage upgrades and easing investor concern about its finance arm.
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Cheap solar? Texan house aims low to win contest

A solar-powered house built by a group of Texas students offers a blueprint for recession-hit U.S. families to reduce their carbon dioxide emissions and their electricity bills without busting their budget.
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Europe car makers facing Asian shakeup

The European car industry could face a further shake-up with Asian companies pouncing on the chance to buy assets as China's Beijing Automotive Industry Holdings has done with Swedish car maker Saab.
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China 3G standard needs overseas markets to succeed - ITU

China's domestically developed 3G mobile network standard must eventually expand overseas to be successful, one of many hurdles for the commercially untested technology, said the International Telecoms Union (ITU) on Wednesday.

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