CHINA

Canada's Asian oil push not a slap to U.S.: minister

Canada's Asian oil push not a slap to U.S.: minister
Canada is looking to diversify the market for oil sands crude by courting buyers in Asia, and is not trying to punish the United States for delaying TransCanada Corp's Keystone XL pipeline to Texas, the country's natural resources minister said on Friday.
United Arab Emirates (UAE) is third richest country in the world, and has a world's largest shopping mall, The Dubai Mall. The country is made up of seven emirates, governed by a president and has an impressive GDP per capita of $57,744. The country has 8

Dubai Diversifies With Push Into Diamonds

The United Arab Emirates, the world's fourth-largest oil exporter and home to gold trading hub Dubai, is rapidly becoming a force in trade of another highly valuable commodity: diamonds.
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Financial Crisis

Saving Capitalism from the Capitalists

Prudent interventions by major central banks averted a global financial calamity during the financial crisis’ acute stage three years ago. Another intervention to address Europe may be needed, and should be implemented, if central bank officials deem it necessary.
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Marvell warns about Thailand flood impact

Marvell Technology Group gave a cautious revenue forecast as widespread flooding in Thailand hurts demand for its hard-drive controllers, but upbeat news about expansion in China gave the chipmaker's stock a bump.
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Reed Elsevier on Track in Economic Storm

Anglo-Dutch publishing and events group Reed Elsevier Plc/NV posted a 1 percent rise in underlying sales for the first nine months of the year and said macroeconomic uncertainty had had only a marginal effect on its results.
Coach Store

Chinese Tourists on Global Luxury Spending Spree Driving Revenue at U.S. Retailers

In what appears to be a rapidly developing trend, Chinese visitors to the United States are being noticed more for the flash of their newly-bought designer bags than that of their Nikons. Tiffany & Co. (NYSE:TIF), Coach, Inc. (NYSE:COH) and Ralph Lauren (NYSE:RL) are just a few of the companies in the luxury retail sector that have recently noted how higher revenue at their North American operations has largely been boosted by Chinese shoppers on vacation.
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Delphi IPO prices at low end of range

Delphi Automotive Plc raised $530 million in its initial public offering -- in a deal that values the company much less than it had hoped for when IPO plans were first being formed.
Barack Obama Australia vist

U.S. 'Here to Stay' in Asia, Obama Says in Australia

President Barack Obama said Thursday the U.S. military will expand its role in the Asia-Pacific region despite budget cuts, declaring America was here to stay as a Pacific power which would help shape the region's future.
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BHP Billiton turns more cautious on market outlook

BHP Billiton , the world's biggest miner, has turned more wary on the outlook for commodity markets as some players face tighter access to credit, but said conditions are not as bad as during the global financial crisis.

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