CHINA

Stocks, euro recover after slide; outlook wary

Stocks, U.S. recover after slide; outlook positive
Asian stocks steadied and the euro held above a seven-month low against the dollar on short-covering on Tuesday, after a report that Italy may get financial support from China lifted Wall Street in late trade but did nothing to ease fears that Europe is descending into a banking crisis.
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FriendFinder to buy social commerce website

FriendFinder Networks Inc, the publisher of adult magazine Penthouse, said it will buy social commerce website JigoCity for up to $65 million in stock and warrants, to tap into fast-growing social networking markets like China and Asia-Pacific.
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Historypin app lets people create a time machine

For people who have stood at a monument or scanned a landscape -- the Great Wall of China, for instance, or the U.S. Grand Canyon -- and wondered how it looked 100 or more years ago, there is now an app for you.
Sharks in Brisbane Golf Course

To Save Sharks from Soup and Human Greed, California Bans Trade

Campaigns to protect the shark species have seen progresses last week, with the California Senate passing the ban on sales and possession of shark fins last Tuesday. In Toronto, the City Council voted unanimously to support a city-wide ban on the sales and consumption of shark fin on Friday.
Gold bars

Gold Falls As Speculators Sell to Cover Equity Losses

Gold fell further on Monday after posting its worst closing since June last week but bargain hunters could cushion the fall, while escalating worries about Europe's ability to resolve its debt crisis sent bullion priced in euro to a record high.
Apple iPhone 4

Apple iPhone 5 Arriving in Weeks?

As Apple Inc. is rumored to be gearing up for the major event in mid-September, the next-generation iPhone 5 could be in the hands of consumers in first week of October.
A factory building of German car manufacturer Opel is pictured at the headquarters in Ruesselsheim

Analysis: GM's Opel Facing Uncertain Future

Near the peak of General Motors Co's financial crisis, Opel workers laid a coffin at the feet of the brand's founder Adam Opel to mark what they considered the death of the brand.
A chart showing the blue chip Hang Seng Index is displayed at a brokerage in Hong Kong

Global Stocks Slide, Dollar Gains on Euro Zone Woes

European index futures tumbled on Monday, following a slide in Asian equities, and the euro slumped to a 10-year low against the yen after the resignation of a top European Central Bank official cast further doubt on the region's ability to tackle its worsening sovereign debt crisis.
An employee checks an Euro note at the Bank of Taiwan head office in Taipei

Euro Slumps to 10-Year Low vs. Yen as Greece Worries Mount

The euro hit a six-month low against the dollar and a 10-year trough versus the yen, falling below key technical levels and option barriers on worries that the euro zone's support for Greece is wobbling and the country may be forced to default on its debt.
One-hundred Yuan notes are seen in this picture illustration in Beijing

China August Lending Strong, no Policy Relaxation Seen

China's bank lending quickened to 548.5 billion yuan ($86 billion)in August, topping market expectations of 500 billion yuan and rebounding from July'sseven-month low, pointing to a slight relaxation in credit conditions for the nation's businesses.
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Euro extends losses, hits 10-year trough on yen

The euro got off to a rocky start in Asia on Monday, falling to fresh six-month lows against the greenback and a 10-year trough on the yen as downside momentum picked up pace after several key technical levels gave way recently.
NASA's GRAIL Moon Orbitters

NASA On Way Back to the Moon: Arriving New Year's Day (PHOTOS)

NASA is on its way back to the moon, embarking upon a new study that could help launch future manned missions one day.NASA's Grail mission launched this morning, as the Delta II rocket carrying the Gravity and Recovery and Interior Laboratory lifted off from Cape Canaveral, Fla. Saturday at 6:08 a.m. EDT amid clear skies. It is the 110th mission to the moon in history, with previous missions launched by the United States, Soviet Union, Japan, China and India.
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France stakes future of EU on fate of euro currency

France on Sunday staked the future of the European Union on the fate of the euro, saying the economic and political union at the heart of Europe would be at risk if the single currency were allowed to be torn apart by the region's sovereign debt crisis.
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Commodity imports shows China economy resilient

China's key commodity imports, including crude oil, copper and iron ore, all climbed in August from the previous month, adding to evidence that demand in world's second-largest economy was still going strong despite the economic turmoil in the West.
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China August trade surplus dips as exports off peak

China's trade surplus fell sharply in August as exports pulled back from a record high and imports jumped, indicating the world's second-largest economy is feeling the pinch from weaker global growth while domestic demand remains resilient.
Locke calls for open trade, investment in China-U.S. relations

Locke Calls for Open Trade, Investment in China-U.S. Relations

China and the United States should reduce trade and investment barriers to create jobs, U.S. Ambassador to China Gary Locke said on Friday, striking a broadly cooperative tone in his first official public address since assuming the position in August.
Scotiabank buys into Guangzhou Bank for C$719 million

Scotiabank buys into Guangzhou Bank for C$719 million

Bank of Nova Scotia (BNS.TO) said on Friday it will buy a near 20 percent stake in Bank of Guangzhou for about C$719 million ($722 million) to expand its footprint in China, becoming the latest foreign bank to invest in a Chinese bank before the bank does an IPO.
Yahoo! Inc.

5 Mistakes Carol Bartz Made as Yahoo CEO

Now that Yahoo is searching for a new CEO and activist investor Daniel Loeb’s Third Point is trying to stir the pot, here are some things that former CEO Carol Bartz could have done to keep her job:
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Car makers fight European gloom in Frankfurt

The global car industry descends on Frankfurt next week to show off the latest models it hopes will fend off an economic slowdown in some of its biggest markets, as government spending cuts chip away at consumer confidence in Europe.

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