World stock markets rose Thursday as investors reacted to a crucial bond auction in Spain while banking on hopes that China would take more steps to prop up its slowing economy.
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Stocks rise on Spain auction, China easing hopes
The Communist Party replaced one of China’s most powerful and charismatic politicians Thursday following a weeks-long scandal unleashed when one of his trusted aides, a mob-fighting former police chief, fled to a U.S. consulate.
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China replaces once-powerful boss of Chongqing
In its latest statement on a simmering dispute over the iPad brand name, Apple Inc. said Tuesday that Proview Electronics’ insistence that it still owns the mainland China iPad trademarks is misleading and unfair.
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Apple says Proview iPad trademark demands unfair
Reuters – China said on Friday it would send a senior official to Tehran to discuss Iran’s nuclear standoff with the West, and India indicated it would also weigh in, as Asia’s two giants seek to head off new sanctions already playing havoc with trade.
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Asia giants join Iran diplomacy as sanctions hurt trade
(Reuters)
Reuters – Russia and China vetoed on Saturday a U.N. resolution that backed an Arab plan calling on Syrian President Bashar al-Assad to quit, stalling global efforts to end his bloody crackdown on unrest after hundreds were reported killed in the city of Homs.
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Russia, China veto U.N. plan for Syria
(Reuters)
Reuters – China pledged to guarantee growth in the face of an “extremely grim” outlook for the global economy in 2012, as its annual policy-setting conference closed on Wednesday with a series of commitments to deliver economic stability.
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China makes growth guarantee against grim global economy
(Reuters)
AP – There’s a good chance the shoes you’re wearing right now were made in China. Now an American shoemaker wants to put the shoe on the other foot, by persuading the Chinese to wear shoes made in the USA.
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Wis. firm reverses 1-way flow of shoes from Asia
(AP)
AP – Seif al-Islam Gadhafi, considered Moammar Gadhafi’s heir apparent, long drew Western favor by touting himself as a liberalizing reformer but then staunchly backed his father in his brutal crackdown on rebels in the regime’s final days.
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Seif al-Islam Gadhafi was former heir apparent
(AP)
Reuters – Europe is working to ramp up the firepower of its bailout fund, top officials said on Saturday, as the United States, China and other nations raised the alarm about its debt crisis hurting the world economy.
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Europe aims to beef up crisis fund, world urges action
(Reuters)
Reuters – U.S. Vice President Joe Biden on Sunday rejected views that American power is waning and said Washington would never default, wrapping up a China visit that has played down tensions between the world’s two biggest economies.
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Biden tells China not to count out U.S. strength (Reuters)