CHINA

Japan: not aware of IMF $600 billion euro zone aid plan

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A Japanese government official said on Thursday he had not heard of a reported $600 billion IMF lending facility to help the euro zone, although Japan would consider providing bilateral loans to the Fund if warranted by developments in Europe.

Analysis: Asia's economy heading for yo-yo year in 2012

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Asia's economic growth looks set to stumble over the next few months, prompting a flurry of interest rate cuts and a spike in stimulus spending that may ultimately pave the way for a strong recovery in the second half of 2012.
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Novo7

$99 Ice Cream Sandwich Tablet, Novo7, to Debut in U.S.

Novo7, a 7-inch Ice Cream Sandwich equipped tablet available only in China, is reportedly set for release in the U.S. in the upcoming months. The Ice Cream Sandwich equipped tablet could be a major game-changer with an expected listing price of only $99.
Novo7

Novo7 - World's First 'Ice Cream Sandwich' Tablet For Only $99? (VIDEO)

Here comes another shocking price-breaking tablet - close on the heels of the launch of $199 Amazon Kindle Fire that runs on Android 3.2, MIPS Technologies and Ingenic Semiconductor have joined hands to launch an even cheaper tablet - Novo7 - that costs only $99 and - hold your breath - runs on Ice Cream Sandwich!
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Wall Street drops on worries ahead of EU summit

Stocks fell on Wednesday with investors on edge ahead of a summit to hammer out a plan to combat the euro zone debt crisis and finding few reasons to continue buying after two days of gains.
Environmental activists demonstrate outside the United Nations Climate Change conference (COP17) in Durban December 3, 2011. The protest march was part of a Global Day of Action to demand a fair climate change deal.

'Big Three' Polluters Oppose Binding Climate Deal

The world's three biggest polluters China, the United States and India refused to move toward a new legal commitment to curb their carbon emissions Tuesday, increasing the risk that climate talks will fail to clinch a meaningful deal this week.
Airline Sunset

Airlines Brace for Heavy Impact of Europe Crisis

The airline industry's leading trade group warned on Wednesday that airlines worldwide face over $8 billion in losses next year if Europe's politicians fail to get to grips with the region's debt crisis.
People work at a cafe in Taipei in this July 31, 2009 file photo.

Newer Economies Allow more High Tech Freedom at Work

Employees in fast-growing economies have more freedom over the technology they use for work than their counterparts in developed countries, and are more likely to see corporate provision of devices as a perk, according to a study.
An employee picks up a gold bar at the Austrian Gold and Silver Separating Plant 'Oegussa' in Vienna

Gold Eyes EU Summit, Could Approach $2000

The European Union (EU) summit this Friday will consume market attention, as it will discuss steps to resolve the Eurozone debt crisis. Price sensitivity to headlines will persist, if not intensify, and make for jerky market moves.
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Stock futures flat on caution over EU summit

Stocks index futures were little changed on Wednesday after two days of gains as investors waited to see if European officials can craft a plan to combat the region's debt crisis at a summit this week.
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Stock futures rise on EU summit optimism

Stock index futures rose on Wednesday as optimism continued to grow that European Union leaders would craft bold measures to combat the region's debt crisis at a summit this week.
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Shanghai aims to expand financing to tech firms

The Shanghai municipal government unveiled a plan on Wednesday that will create incentives for foreign private equity and venture capital funds to invest in early-stage technology companies in the city.
Michele Bachmann

Michele Bachmann 2012: What Are Her Positions?

For most of her campaign, Michele Bachmann has made more headlines for her gaffes than for her platform, and her popularity has fallen as a result. But moving past the YouTube clips and headlines, what are the Minnesota congresswoman's political positions?
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Analysis: Foreign insurers miss the China party

Ten years ago, foreign insurers were lining up to celebrate China's entry into the World Trade Organization, eager to tap what was certain to become the world's next big insurance frontier.
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China growth to ease as export outlook darkens

China's annual rate of export growth slowed in November versus October, Vice Commerce Minister Chong Quan said on Wednesday, confirming market expectations that deteriorating external conditions are dragging on the world's No. 2 economy.

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