CHINA

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Asian shares firm ahead of Fed; yen up after BOJ

Asian equities hit a one-week high on Tuesday, holding firm in the wake of recent signs of improvement in the U.S. economy, while the yen rose after the Bank of Japan kept monetary policy steady.

Beijing Takes a Brand-New Approach to 'Made in China'

TCL Multimedia employees work at a production line in a factory in Huizhou, in China's southern Guangdong province October 8, 2010.
Two new Chinese LCD screens in Beijing's imposing Great Hall of the People will replace screens made by a Japanese competitor, in a sign of resolve to supply the world with Chinese brands and not just Made in China products.
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Youku to buy Tudou, creating China online video giant

China's top two online video companies are joining forces, with Youku.com buying smaller rival Tudou Holdings Ltd in an all-stock deal worth over $1 billion, creating an industry leader with more than a one third share of a market that is losing money as it battles rising costs.
Clinton UN talks Tough

Clinton Blasts Russia, China Over UN Vetoes On Syria

The top U.S. diplomat urged all countries to speak with one voice ... that the killing of innocent Syrians must stop. U.N. chief Ban Ki-moon said the regime of Syria's Bashar al-Assad has subjected its citizens in several cities to military assault and disproportionate use of force.
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Wall Street edges down with eyes on Fed, China

The S&P 500 and the Nasdaq slipped on Monday as China's economic data and a Federal Reserve monetary policy statement due later this week gave traders reason to pause after a three-day rally.
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Electronics Suppliers Revel in Raspberry Pi Demand

Electronic parts suppliers Premier Farnell and Electrocomponents said huge demand for a British-designed credit card-sized computer, which aims to make programming easy for children, had helped them access new customers around the world.
A trader checks stacked boxes of cotton inside a cotton processing unit at Kadi

India Partially Lifts Cotton Export Ban

Indian cotton shipments will resume for previously registered sales, but the government ban on new cotton exports will remain in effect until a review within the next two weeks.
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Wall Street To Open Lower After China Trade Data

Stocks were set for a slightly lower open on Monday as economic data in China and this week's Federal Open Market Committee announcement gave investors reason to pause after a three-day rally.
Chinese one yuan coins are placed on 100 yuan banknotes in this illustrative photograph taken in Beijing

China Signals Freer Yuan, More Flexible Monetary Policy

The closer the yuan is to an equilibrium, the bigger role market forces will play in the yuan exchange rate, PBOC Governor Zhou Xiaochuan said Monday. He said the central bank will allow and encourage market forces to play a bigger role while decreasing its intervention in the market in an orderly manner.
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Goldman Sachs to hold board meet in India: source

Goldman Sachs Group Inc will hold its annual board meeting in India later this month in a sign of the U.S.-based bank's commitment to one of the fast-growing emerging markets, a source with direct knowledge of the matter said on Monday.

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