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New data from industry research firm IDC shows that Apple Inc.’s (NASDAQ: AAPL) share of the smartphone market in China fell to 10% — or nearly cut in half — in the second quarter. Lenovo Group...
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Baidu, Inc. (NASDAQ: BIDU) is supposed to be a winner in the war for Chinese internet search. But that is not going to put it in good company if the growth of China keeps slowing and if the...
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China’s ministry of commerce raised its rare earth minerals export quotas for 2012 to nearly 31,000 tons yesterday, up from just over the previous limit of just over 30,000 tons. The increase comes...
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HSBC released its preliminary reading of China’s August PMI. The figure was 47.8, which is a nine-month low. The reading was below July’s 49.3. A number under 50 means the manufacturing sector is...
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HSBC’s preliminary or “flash” reading of its China manufacturing Purchasing Managers’ Index (PMI) for August declined to 47.8. That was a nine-month low, as well as a drop from July’s final...
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In a report from the Fair Labor Association (FLA) published yesterday, Apple Inc. (NASDAQ: AAPL) supplier Hon Hai Precision Industry Co., better known as Foxconn, is ahead of schedule on correcting a...
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While M&A activity might be slower this year than it was last, there is one buyer that has picked up the pace. Actually, a number of buyers from one country: China. And their sights have been...
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The drought that has put a severe dent in the US corn crop is now threatening to do the same kind of damage to the soybean crop. Corn, which is planted and harvested earlier than soybeans, has been...
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Trina Solar Ltd. (NYSE: TSL) reported a second quarter net loss of $1.30 per ADS on $346.1 million in sales before markets opened this morning. In the same period a year ago, the solar-power...
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Asian stocks were mixed as China moved to alleviate a cash crunch and ahead of U.S. reports that are expected to show the world’s biggest economy is improving. China’s Shanghai Composite Index...
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China’s Statistics Bureau reported that in July new home prices rose in 49 of the 70 cities measured. According to MarketWatch, that was the broadest advance in 14 months. At first blush, it would...
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Wal-Mart Stores Inc. (NYSE: WMT) has received approval from Chinese regulators to boost its stake in e-commerce company Yihaodian to 51%, according to the Wall Street Journal. The financial details...
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U.S. stock futures are marginally lower this morning, suggesting the S&P 500 Index could halt its longest advance in 20 months. Reports of slowing growth in Japan fueled concern that the global...
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China’s exports rose only 1% in July, another sign of a sharp deceleration of economic activity around the world. Imports moved higher by 4.7%, so at least there is some hope this will fuel future...
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If the United States had China’s growth numbers, the world would be in the biggest boom that it has seen in a lifetime. The problem is that China is not anywhere close to the United States, and it...
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