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  • Beijing to host Global Travel & Tourism Summit 2010 12 Nov 2009 01:04 GMT
    ... Beijing to host Global Travel & Tourism Summit 2010. ... announced its agreement with the Government of China to hold the 2010 Global Travel & Tourism ... billion (US$449.3 billion), and 7.8% of total employment in the country, or 60.8 million jobs. ...

  • aig's Benmosche tells employees he plans to remain 12 Nov 2009 02:35 GMT
    ... AIG's Benmosche tells employees he plans to remain CEO Robert Benmosche ... the Geithner encouraged by moves in Japan, China said Wednesday he's encouraged by efforts in Japan ... according to a recent survey from the BEIJING (AP) -- The slump in China's exports eased ...

  • Al Gore's Current Media cuts 80 jobs 12 Nov 2009 01:06 GMT
    ... announced Wednesday that it is cutting 80 jobs as part of a reorganization. The layoffs, ... which will leave Current with some 300 employees worldwide, come seven months after the San ... while reporting along North Korea's border with China. They were sentenced in June to 12 years ...

  • China lift helps market 12 Nov 2009 01:32 GMT
    ... Positive Chinese data also supported the rally, albeit in quiet ... more than 30 points.'' Economists expected total employment to have declined by 10,000 in October, ...

  • Hewlett-Packard buys 3Com for $2.7B; ups guidance 12 Nov 2009 01:00 GMT
    ... CEO Mark Hurd that "significant growth in China" and "solid execution" helped HP in the ... be layoffs at 3Com, which has 5,800 employees worldwide. Co-founded by Robert Metcalfe, one of ... Capital Partners private equity firm and a Chinese partner, Huawei Technologies Co. That deal fell apart ...

  • Hewlett-Packard buying networking company 3Com; HP raises guidance 12 Nov 2009 02:36 GMT
    ... CEO Mark Hurd that "significant growth in China" and "solid execution" helped HP in the ... be layoffs at 3Com, which has 5,800 employees worldwide. Co-founded by Robert Metcalfe, one of ... Capital Partners private equity firm and a Chinese partner, Huawei Technologies Co. That deal fell apart ...

  • Hewlett Packard buying networking company 3Com for US$2.7B; HP raises guidance 12 Nov 2009 02:10 GMT
    ... CEO Mark Hurd that "significant growth in China" and "solid execution" helped HP in the ... be layoffs at 3Com, which has 5,800 employees worldwide. Co-founded by Robert Metcalfe, one of ... Capital Partners private equity firm and a Chinese partner, Huawei Technologies Co. That deal fell apart ...

  • Market opens higher again 12 Nov 2009 00:31 GMT
    ... The Australian share market has opened higher after a ... interest rates there would remain low. Positive Chinese data also supported the rally, albeit in quiet ... more than 30 points.” Economists expected total employment to have declined by 10,000 in October, ...

  • Excerpt: 12 Nov 2009 00:10 GMT
    ... ethic in addition to a powerful, high-profile job and a bestselling book. Ever since we ... as you think." He recounted the horrors employees had told him of. The desiccated bodies ... silverware drawer in the newly renovated room's china cabinet. "The sharpest thing in here is a ...

  • Fighting Poverty: The Business Case 11 Nov 2009 16:52 GMT
    ... We're not developing this unique capital. We're letting ... specialized study groups. If we can bring Chinese students over here and let them spend the ... So every one of those kids they employ and lift up, every kid who's got ...

  • 'Not all jobs created equal' for social sites 11 Nov 2009 09:02 GMT
    ... > 'Not all jobs created equal' for social sites , ZDNet ... can benefit from . This will enable employees will be able to monitor relevant market ... 50 percent of companies in Australia, India, China and Singapore, allowed employees to access social networking ...

  • A Morgan Stanley star falls in China 11 Nov 2009 06:10 GMT
    ... a rising star at Morgan Stanley in China, was undone by his pursuit of "guanxi." ... pursuit of "guanxi." A central concept in Chinese society, guanxi loosely translates as "connections" and ... with the sons and daughters of powerful Beijing and Shanghai leaders and charming the Chinese ...

  • Bottom Line: Chinese IT firm opening in S.F. 11 Nov 2009 00:12 GMT
    ... . of Beijing is expected to pitch tent in San ... Isoftstone here since December. It joins several Chinese solar and biotech companies whose San Francisco ... San Francisco presence has been assisted by ChinaSF in the past year. On the runway, ...

  • Full text of Chinese premier's press conference in Egypt 11 Nov 2009 01:00 GMT
    ... Chinese Premier Wen Jiabao attended a press conference ... Fourth Ministerial Meeting of the Forum on China-Africa Cooperation (FOCAC) on Sunday in the Egyptian ... President Hu Jintao announced at the FOCAC Beijing Summit eight measures to strengthen China-Africa practical ...

  • China's help to Africa is sincere and welcomed by African people 11 Nov 2009 01:33 GMT
    ... China's help to Africa is sincere and welcomed ... measures for developing China-Africa cooperation. In 2006, Chinese President Hu Jintao announced at the FOCAC Beijing Summit eight measures to strengthen China-Africa practical ...


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Quote of the Day

"We agree that the solution is not to rush to fiscal tightening, especially while credit markets are still recovering. Careful planning and timing withdrawal of extraordinary stimulus measures will help to avoid a ­double-dip recession."
— a draft communique by APEC finance ministers

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Markets

Exchange Rates:

Chinese Renminbi:
USD 1 = CNY 6.8262
EUR 1 = CNY 10.2572

Hong Kong Dollar:
USD 1 = HKD 7.7500
EUR 1 = HKD 11.6453

Macau Pataca:
USD 1 = MOP 7.9825
EUR 1 = MOP 11.9947

Taiwan Dollar:
USD 1 = TWD 32.2920
EUR 1 = TWD 48.5223

USD 1 = EUR 0.6655
EUR 1 = USD 1.5026

Closing Stocks:
Shanghai A: 3,331.86(-0.11%)
Shenzhen A: 1,193.01(0.06%)
Hang Seng: 22,617.72(1.57%)
Taiwan Taiex: 7,668.06(0.98%)

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This Day in History

Nov. 12

Sun Yat-Sen, Chinese revolutionary who founded the Nationalist Party, born. Referred to as the father of modern China.
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