Strong yuan would hurt China: economists
07.09.2010
BEIJING (Reuters) - China must resist external pressure for yuan appreciation because a stronger exchange rate would take a big bite out of economic growth, according to a pair of senior government researchers.
Justice department probes Google's ITA Software deal: report
07.09.2010
(Reuters) - The U.S. Justice department is looking into Google Inc's takeover of airline ticketing software firm ITA Software Inc, to determine whether the deal would exert too much influence on the online travel industry, the Wall Street Journal said.
AIG seen leaning towards new Taiwan unit sale
07.09.2010
HONG KONG/TAIPEI (Reuters) - American International Group Inc is leaning toward a new sale of its Taiwan unit, according to one of the original buyers, opening the way for a number of Taiwanese banks who have expressed interest.
Asia stocks near 1-month high; euro dips after WSJ
07.09.2010
SINGAPORE (Reuters) - Asian stocks hovered near one-month highs on Tuesday as investors awaited Chinese data, while the euro took a hit after a newspaper report rekindled fears about the weakness of European banks.
Greek PM reshuffles cabinet, stays fiscal course
07.09.2010
ATHENS (Reuters) - Greek Prime Minister George Papandreou reshuffled his cabinet early on Tuesday to try to better deal with the debt crisis and signaled he would stay the fiscal course by leaving his finance minister unchanged.
Obama kicks off campaign with infrastructure plan
07.09.2010
MILWAUKEE (Reuters) - President Barack Obama, scrambling to jump-start job creation in a sluggish U.S. economy, proposed a six-year plan on Monday to rebuild aging roads, railways and runways with an initial $50 billion investment.
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