CHINA

Solar Panel Field in Japan

Uncertainty from China, Cost Paradigm, Betray Current Rally in Solar Panel Stocks

Fueled by wider Eurozone summit rally, industry-specific news out of Germany and a trader-driven assessment that share prices might have reached technical bottoms, shares in various solar panel manufacturers surged Thursday and Friday. Disappointing industry developments, the possibility of negative surprises coming out of China, and the increasingly unforgiving economics of the business, however, mean the industry could face a very stormy fourth quarter.

Draghi over-interpreted on bond buys, says Trichet

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Markets have over-interpreted comments by incoming European Central Bank chief Mario Draghi on the bank's readiness to go on buying the bonds of troubled euro zone states, outgoing ECB President Jean-Claude Trichet said.
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UK facing disturbing number of cyber attacks

British government and industry computer systems are facing a disturbing number of cyber attacks, including a recent serious assault on the Foreign Office's network, the head of Britain's communications spy agency said on Monday.
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Visitors are silhouetted against a Logo of the Honda Motor at the company showroom in Tokyo

Honda Withdraws Annual Guidance; Q2 Profit Tanks

Honda Motor Co withdrew its annual earnings guidance in an unusual move on Monday due to uncertainties including currency markets and Thailand's floods just as it was starting to recover from the March earthquake and tsunami.
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More than 60 percent of global consumers downbeat: Nielsen

Global consumer confidence remained weak in the third quarter with more than 60 percent of consumers saying it was not a good time to spend, and one-in-three North Americans saying they have no spare cash, a survey showed on Sunday.
Visitors try Sony Corp.'s head-mounted display personal 3D Viewer, HMZ-T1, and the digital binocular DEV-3 at CEATEC JAPAN 2011 electronics show in Chiba.

Sony Considers Pulling out of LCD JV with Samsung: Sources

Japan's Sony Corp., struggling with a loss-making television business, is considering dissolving its liquid-crystal-display joint venture with South Korea's Samsung Electronics in a bid to cut costs, sources familiar with the matter said Sunday.
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Sony to pull out of LCD JV with Samsung: report

Sony Corp, struggling with a loss-making television business, is in negotiations to pull out of its LCD joint venture with South Korea's Samsung Electronics in a bid to cut costs, the Nikkei business daily reported on Sunday.
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China arrests 12,000 in online drug sale sweep

Chinese police have arrested 12,125 people during a crackdown on the sale of narcotics online and have confiscated more than 300 kg of illegal drugs, state news agency Xinhua reported on Sunday.
Breakthrough "Post-Smartphone"

ITG's Windows 8 Smartphone to be Released Early 2012

In Technology Group Ltd. announced a 4.3-inch xpPhone 2 smartphone should be launched early next year. ITG, claiming to be known as China Apple, announced in its press release that the xpPhone 2 will be a Post-Smartphone.
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Stocks, euro pause as Europe doubts linger

U.S. and European shares took a breather on Friday after a strong rally on a long-awaited euro zone rescue deal, but a weak sale of Italian bonds showed investor confidence in the agreement was shaky.
IMF chief Lagarde stands with European Central Bank President Trichet at the start of the G20 meeting in Paris

Groups urge G20 not to ignore development agenda

Global development groups on Friday called on G20 leaders to step up to their commitments to tackle global food security and come up with new ways to boost world growth that also benefit the poorest.

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