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An employee seals a stack of yuan banknotes at a branch of Industrial and Commercial Bank of China in Huaibei

China Factory Growth Slips In August

China's factories ran at their slowest rate for 39 months in August while a double-digit rise in fixed asset investment showed that infrastructure spending remained key to economic growth.

Weekly Roundup: ECB, China Stimulus Plans Lift Asian Stocks

Asian stock markets posted their first weekly gains in three weeks as the European Central Bank's (ECB) announcement about its widely anticipated bond-buying program, and Chinese stimulus measures, triggered a rally on Friday.

Honduras' Charter Cities: Potential Economic Miracles or New 'Banana Enclaves'?

Honduras is implementing a bold new plan to establish independent "charter cities" that will operate under separate laws in a bid to draw more foreign investment. Proponents says the plan will create thousands of jobs and spur economic development in the rest of Honduras, while critics say they will only open the door for corporations and other governments to exploit cheap labor and neoliberal tax laws.

Qantas CEO Alan Joyce, Emirates President Tim Clark

Qantas Move To Dubai Will Lower Costs, Help Stop Losses On Int'l Routes: Analysts

Dubai International is rapidly becoming a major international connection. For ailing Qantas Airways Limited (ASX: QAN) the move of its European hub from Singapore to the UAE will help lower the cost of shuttling travelers back and forth between Melbourne or Sydney and London.

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Obama Tells Nation His Path 'Leads To Better Place'

President Barack Obama made the case for change -- again -- after officially accepting the Democratic nomination for the presidency.

Asian Shares Rise After ECB Move, Awaiting US Payroll Data

Asian shares rose and the euro steadied Friday after the European Central Bank outlined its bond-buying scheme to help calm the euro zone's debt crisis, while firm U.S. data fed speculation of a strong jobs report later in the day.

Will Adele Flaunt Her Baby Bump At The MTV VMAs? [PHOTO]

Snapshots of Adele's baby bump were taken last week and excitement over the Grammy-winning songstress soared. Last year Adele stunned the audience at the MTV VMAs with her stellar performance, but will the public debut of her baby bump do the same this year?

China To Boost Growth With $127B Of Infrastructure Spending

China has unveiled plans to build dozens of new subway and inner-city rail transit links, data from the country's top economic planning agency show, in a new move to stimulate its slowing economy.

Surging ADP Numbers Has Analysts Wondering: Are Their August US Jobs Report Forecasts Too Low?

An ADP report that private sector job creation topped analyst expectations by nearly a third has economists taking a second look at their, perhaps too negative, predictions, about what Friday's U.S. jobs report from the Labor Department will show.

Strong August Job Creation Boosts Analyst, Investor Confidence In US Economy

Surprisingly strong U.S. job creation last month is forcing some, though not all, analysts to adopt a more upbeat outlook for growth prospects in the world's largest economy.

Finance, Oil Ministries Push for Fuel Price Increase

The finance and oil ministries are lobbying for an increase in prices of diesel, kerosene and LPG, warning cabinet colleagues that time is running out to avert a fiscal disaster and a sovereign credit downgrade to junk by global ratings agencies.

Is Russia's APEC Summit A $21 Billion Waste?

The government is suspected of having spent billions to promote Vladivostok as a major new hub on the Pacific rim, but there are plenty of doubts about whether that will really happen.

Gottfrid Svartholm, one of the founding members of the Pirate Bay

Sweden Gives Cambodia $59M After Pirate Bay Founder's Arrest

After Gottfrid Svartholm was arrested in Cambodia, the Internet was awash with rumors of governments working together to combat online piracy. Those rumors appeared to be confirmed Wednesday when it was announced Sweden would give Cambodia $59 million after the news broke that the Pirate Bay co-founder would be extradited.

Railroad Cargo Growth Slows, And Execs Are Cautious About Pre-Holiday Shopping

Railroad executives said Wednesday that they are not expecting strong growth in cargo volume in the pre-holiday shopping season, but most future holiday gifts are delivered by trucks.

Trouble In Red Paradise: North Korea And Chinese Company Openly Quarrel

A small spat between a North Korean and a Chinese company has exposed some frays in Pyongyang's relationship with Beijing.

Newly Elected Parti Quebecois Wants To Raise Mining Fees, Scaring Businesses

After seizing minority control of Quebec's legislature and premiership on Tuesday, the separatist Parti Quebecois is seeking to increase mining royalties and individual taxes, which could impact companies like Cliffs Natural Resources (NYSE: CLF), Rio Tinto Group (NYSE: RIO) and Xstrata Plc (London: XTA).

Afghanistan: Child Malnourishment At Disturbingly High Levels As Foreign Aid, Investment Eases

Afghanistan is ranked #11 is child mortality worldwide, as foreign investment in the country continues to drop and makes purchasing food even more difficult.

GM Turns to China to Crack India's Tough Car Market

General Motors Co began initial production of its first ever Chinese-designed car for the Indian market this week, a major step for the U.S. automaker as it tries to scale up in a market where foreign companies have struggled.

Lord & Taylor Owner Hudson's Bay Co., North America's Oldest Retailer, Prepares IPO

Hudson's Bay Co., the owner of Lord & Taylor and North America's oldest continuously operating retailer, plans to go public on the Toronto Stock Exchange by November in one of the biggest retailer offerings since the financial crisis began, according to reports.

Big Grain Companies Reap Profits As Global Food Prices Soar And Poor Go Hungry

Archer Daniels Midland, Bunge, Cargill, and Louis Dreyfus, the big four companies of the grain market, are doing all right as gobal food prices spike. According to non-profit groups, they are doing so partially at the expense of hungry people.

ONGC Hits Iranian Wall In $5 Billion Bid For ConocoPhillips Units

Oil & Natural Gas Corp. (Mumbai: ONGC), India's largest state-controlled energy driller, could lose its bid for $5 billion in Canadian assets controlled by energy giant ConocoPhillips Co. (NYSE: COP), due to its investments in Iran, which is facing U.S. sanctions.

IT, Pharma Mutual Funds Top Performers in August

IT sector funds were the top performers in August among Indian mutual funds that focus on domestic stocks as lower valuations of the sector's shares after their sharp declines in July revived investor interest.

Baidu Launches Mobile Browser, Plans $1.6 Billion Cloud Computing Investment

Baidu Releases Android Mobile Browser For Web Games, Plans $1.6-Billion Investment In Cloud Computing

Baidu Inc (BIDU) has launched a new browser for mobile devices running on Android operating system that allows users to play games and watch videos without a media player, Bloomberg has reported.

Morgan Stanley Cuts India's Economic Growth To 5.1%

Morgan Stanley Monday cut India's economic growth forecast to 5.1 percent from the previously projected 5.8 percent, citing low private investment and poor government finances.

Explosive-Laden Car Rams Into US Vehicle In Pakistan, 2 Killed

A car filled with explosives rammed into a U.S. government vehicle near the U.S. Consulate in the northwestern Pakistani city of Peshawar Monday, killing two people and injuring five others, media reports said citing Pakistani authorities.

India’s FY13 Growth Forecast Slashed To 5.1%

Morgan Stanley pared down India's economic growth forecast to 5.1 percent Monday, the lowest to be announced by any private forecaster in the fiscal year 2012/13. The financial services firm ascribed the low growth outlook to weak external demand, low private investment and poor government finances.

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