CHINA

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New jobless claims rise, July trade gap narrows

The number of Americans filing new claims for jobless benefits rose unexpectedly last week, further evidence of a weak labor market just hours before President Barack Obama unveils a plan on job creation in a major address to Congress.

Republican Presidential Debate: Jon Huntsman Gets Aggressive

2012 Election
Former Utah Gov. Jon Huntsman delivered a forceful performance during Wednesday's Republican presidential debate, drawing on his experience as a governor and an ambassador to China to distinguish himself from heavyweights Mitt Romney and Rick Perry.

Fitch warns of downgrades for China, Japan

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Fitch Ratings warned on Thursday that it might downgrade China's credit rating within two years as the country's banks struggle with debt loads following a lending surge to help lift the economy during the 2008 financial crisis.
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Some fearful China billionaires steer clear of rich

Growing numbers of China's rich want to avoid publicizing their wealth, Forbes said, reflecting fears of official scrutiny amid a vast and growing rich-poor divide after several billionaires have ended up in jail.
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Prozac

Why Are Westerners So Depressed?

Two studies released over the last week report that up to half of Americans and 40 percent of Europeans will suffer from a mental health disorder during their lifetime.
mitt Romney

Romney puts China squarely in presidential race

Republican presidential candidate Mitt Romney's threat to get tough with Chinese trade practices has moved China from the background to a potentially significant issue in the 2012 presidential campaign.
China repeats opposition to U.S. arms sales to Taiwan

China repeats opposition to U.S. arms sales to Taiwan

China repeated its opposition to U.S. arms sales to Taiwan on Wednesday, saying they put the peaceful Sino-U.S. relationship at risk, as the Obama administration's decision on a weapons deal for the self-ruled island draws near.
Apple iPad

iPad 3 Won't Have A6 Chip: Analyst

At a time when the iPhone 5 release date and specification rumors are spreading like wildfire, many have forgotten about iPad 3, a successor to iPad 2.
India-Pakistan Border

India-Pakistan Divide Captured from the International Space Station (Photo)

NASA's Earth Observatory has released a photo of the border between India and Pakistan taken from the International Space Station. The striking orange line depicting the hostile Asian border, however, is not a product of photoshop. This is the fenced and floodlit border zone between India and Pakistan. The fence is designed to discourage smuggling and arms trafficking and shows how divided the two nations are.
Lockheed CEO eyes new F-16s for Taiwan

Lockheed CEO eyes new F-16s for Taiwan

Granting Taiwan's politically sensitive request for new F-16 fighter aircraft would merely maintain the island's air power capabilities, not boost them, the chief executive of Lockheed Martin Corp (LMT.N), the plane's manufacturer, said on Tuesday.
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China looks to save struggling shipping sector

China's campaign to protect its maritime industry during a severe downturn will become more costly for foreign companies as Beijing grabs a bigger slice of the profits for shipping iron ore, coal and grains to the world's second largest economy.

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