CHINA

A Facebook logo is displayed on Kodak photo kiosk during the 2012 International Consumer Electronics Show (CES) in Las Vegas

Facebook Faces Daunting Challenge in Asia

Facebook aims to connect all two billion Internet users. So far it has captured 845 million of them. Of the rest, nearly 60 percent live in Asia and hooking them is going to be a daunting challenge.

Factbook: Facebook's Laundry List of Risks

Facebook Filing for $5-Bln IPO
Investors jumped on Facebook's regulatory filings on Wednesday for a glimpse into the company's inner workings ahead of one of the hottest initial public offerings in recent history. But there are also potential downsides.
Director of National Intelligence James Clapper testifies at a Senate Intelligence Committee hearing on Capitol Hill

Hacked Companies still Not Telling Investors

At least a half-dozen major U.S. companies whose computers have been infiltrated by cyber criminals or international spies have not admitted to the incidents despite new guidance from securities regulators urging such disclosures.
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Qualcomm Inc. (NASDAQ: QCOM)

Qualcomm Handily Beats Street; Shares Rise

Qualcomm Inc's quarterly profit easily beat Wall Street forecasts and the wireless chip leader raised its full-year financial targets due to growing demand for smartphones such as Apple Inc's popular iPhone.
Chinese workers freed in Egypt.

25 Kidnapped Chinese Workers Freed in Egypt

On Wednesday, 25 Chinese workers were released from 15 hours of captivity in Egypt's Sinai Peninsula. They were kidnapped just yesterday by Bedouin tribesmen, who were demanding the freedom of five relatives. The Chinese workers were returned to their hotel unharmed.
Australia Slaughters Thousands of Duck to Contain Avian Flu Spread

U.S. Panel Defends Call to Censor Bird Flu Studies

A potentially deadlier form of the bird flu virus poses one of the gravest known threats to humans and justifies an unprecedented call to censor the research that produced it, a top U.S. biosecurity official said on Tuesday.
A labourer builds components of wind turbines at a wind power equipment factory in Zouping

World Factory Output Curbed by Troubled Europe

Crumbling global demand restrained factory output in Asia and most of Europe in January, business surveys showed on Wednesday, putting pressure on policymakers to shore up growth and counter a spreading malaise.
An employee counts yuan banknotes at a bank in Huaibei

Chinese Yuan Remains Laggard So Far This Year

The Chinese yuan has been a laggard in Asia in the year so far while other regional currencies, including the Japanese yen, are posting strong gains against the U.S. dollar (USD) and the euro (EUR).
BSE Sensex

BSE Sensex Posts Highest Close in 12 Weeks; Metals, Autos Gain

The BSE Sensex rebounded in late trade on Wednesday to post its highest close in 12 weeks, as metal producers and auto makers jumped, although investors were doubtful the rally could be sustained after a rise of nearly 12 percent so far this year.
Facebook Filing for $5-Bln IPO

Facebook Filing for $5-Billion IPO: Key Facts and Statistics Behind Biggest Tech IPO

Facebook Inc. will list a preliminary fund-raising goal of $5 billion on Wednesday, which is smaller than some earlier estimates of the offering. The public stock offering will probably value the company at $80 billion to $100 billion. But how did simple status updates and random photos of users help create what will likely be the biggest tech IPO in till date? Let's try to find out here...
A freight ship leaves Southampton docks

Baltic Dry Index, Leading Indicator of World Economy, Down 58% in January

A leading indicator of the state of global industry -- whose biggest dips in the past have come just before the world economy fell into recession -- is dropping like a lead anchor. Some savvy market forecasters are saying this should be sounding alarm bells. But what do the experts who actually work in shipping have to say?

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