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San Francisco’s Penthouse Palace

admin — Wed, 01 Sep 2010 06:00:15 +0000

The 20,000 square foot property is largest newly constructed condo on the market.

Japan plans new economic stimulus

admin — Wed, 01 Sep 2010 06:00:13 +0000

Japan’s government and the central bank threw the economy a double lifeline Monday, seeking to contain a strong yen and revive a faltering recovery.

Japan – Central bank – Fiscal policy – Asia – Bank of Japan

Genzyme rejects Sanofi-Aventis’ $18.5B offer

admin — Wed, 01 Sep 2010 06:00:11 +0000

Biotechnology company Genzyme rejects Sanofi-Aventis SA’s $18.5 billion buyout offer, saying the bid undervalues the company.

Genzyme – Sanofi-Aventis – Business – United States – Biotechnology and Pharmaceuticals

Australia, China Data Push Asian Shares Up

admin — Wed, 01 Sep 2010 04:48:49 +0000

Asian stock markets were moving higher Wednesday on solid economic data from China and Australia. The Nikkei was up 0.9%, rebounding after touching a new 16-month low earlier.

Currency Trading Soars

admin — Wed, 01 Sep 2010 03:47:11 +0000

Currency trading volume around the world has hit $4 trillion a day, fueled by investors in the wealthiest nations looking to diversify beyond their home markets in a time of economic turmoil.

Apple Rumors Lift Netflix

admin — Tue, 31 Aug 2010 23:57:20 +0000

After hours: Morgan Stanley and NovaGold shares rise; ABM Industries disappoints.

U.S.: China unfairly helped aluminum industry

admin — Tue, 31 Aug 2010 19:49:38 +0000

The Obama administration, under U.S congressional pressure to take a tough stance on Chinese trade policies, determined Tuesday that Beijing unfairly subsidized $514 million in aluminum products last year.

China – People’s Republic of China – United States – Beijing – Presidency of Barack Obama

European Markets Gain Ground

admin — Tue, 31 Aug 2010 19:05:48 +0000

European stocks finished up and well off their intraday lows, as better-than-expected U.S. economic data warmed sentiment in what had started out as a downbeat session for regional equity markets.

Risks rise for China’s economic miracle

admin — Tue, 31 Aug 2010 15:45:18 +0000

Three numbers should suffice to give Chinese economic policymakers a sleepless night: 65.4 million, $28.7 billion and $2.45 trillion.

China – Asia – Economic – Business and Economy – United States