A Chinese laundry detergent maker apologized for the harm caused by the spread of an ad in which a black man "washed" by its product. » Read More
*Seoul concerned about recent volatility of won exchange rate. MEXICO CITY, Nov 4- South Korea will not hit its 2012 GDP target of 3.3 percent growth after three slow quarters, but expects recent stimulus measures to drive a modest rebound in the fourth quarter, Finance Minister Bahk Jae- wan said on Sunday.
HONG KONG, Nov 5- International Lease Finance Corp, the aircraft leasing arm of American International Group Inc, has shrugged off threats from a growing number of domestic players in China, its biggest single market, saying it has the ``first mover'' advantage with over 200 planes on order.
The near term is always always uncertain,'' Christian Murck, president of the American Chamber of Commerce in China and independent director of J.P. Morgan Chase Ltd, told Reuters. A lighter regulatory touch on bond writing, derivatives and funding channels are seen as crucial to foreign banks' growth in China.
*Romney has said will declare China currency manipulator on ``day one''. Presidential candidate Mitt Romney would lack the legal power to label China a currency manipulator on his first day in office should he win Tuesday's election, offering him a way out of what experts say is the weakest claim on the issue for years.
*Toyota less likely than rivals to cut FY f'casts on China row. *Toyota shares up 20 pct YTD, easily beating Honda, Nissan. This year has seen improved sales in the United States, Toyota's biggest market, and in Southeast Asia.
*Investment boom is legacy of party boss aiming for China's top ruling body. TIANJIN, China, Nov 5- Dong Zizhou casts his fishing net from the shore and fixes his gaze on a stand of 15 unfinished skyscrapers rising like concrete skeletons beside the Hai River, heralding China's ambition to develop the world's largest financial centre.
LOS ANGELES, Nov 4- ``Wreck-It Ralph,'' Disney's animated film about a videogame character who destroys everything in his path, scored the highest-grossing opening weekend in Disney animation history with $49.1 million, as box office attendance picked up in the aftermath of superstorm Sandy.
John Woods, Chief Investment Strategist, Citi Private Bank says that it is not time for China to roll out aggressive reform measures in the country. He explains why.
*China to anoint new leaders, go slow on reform shift. *Fresh euro zone turmoil looms if Greece rejects austerity. The election, of course, is on Tuesday for the White House and Congress.
Kingsley Jones, Founder and CIO, Jevons Global says that is difficult for China to grow its consumer base, but adds there are still opportunities in the telco and healthcare sectors.
Kingsley Jones, Founder and CIO, Jevons Global says that the strong market rally will fade towards the end of the year as investors digest leadership changes in China and the U.S..
*Burundi praised on reforms, seeks more donor support. BUJUMBURA, Nov 4- The central African nation of Burundi may be winning plaudits for its economic reforms and relative peace after nearly two decades of civil war, but shopowners like Niyonzima Alimasi have little to cheer.
*Hermitage Plaza towers designed by UK architect Foster. PARIS, Nov 4- For Paris, a city whose priciest apartments boast mansard roofs and wrought-iron balconies, it's an audacious bet: a pair of shimmering, largely residential, luxury towers that might look more at home in Dubai or Shanghai.
In the last four months, China has forged an aggressive, more nationalistic posture in Asia that may set the tone for the expected decade-long tenure of Xi Jinping, the presumptive new leader of China, analysts and diplomats say. The New York Times reports.
Economic troubles abroad are forcing Wall Street and corporate America to play a game of global arbitrage, in a frantic attempt to eke out profits wherever they can be found.
*Speaks on eve of trip to India, Philippines, Hong Kong. Speaking on the eve of a trip to India and other parts of Asia, Harper said in an interview published in Saturday's Postmedia newspapers that Canada as a general rule welcomes foreign investment.
WASHINGTON, Nov 2- Around the time of the 2008 global financial meltdown, consumer products giant Unilever decided to make a dramatic shift in strategy, away from meeting investors' quarterly expectations to a long-range plan that treads lightly on the environment and supports social goals.
Nov 2- The health of the U.S. economy has been central to the campaign for the White House, with both President Barack Obama and Republican challenger Mitt Romney seeking to convince voters they have a plan to usher in faster growth and job creation.
WASHINGTON, Nov 2- Europe's financial crisis remains the biggest hurdle to global economic recovery and will be in focus at a meeting of world finance chiefs in Mexico City this weekend, a senior U.S.
*Third-quarter adjusted earnings $0.44, beat estimates by 5 cents. The maker of specialty components for energy, transportation and manufacturing said it had earned $73.0 million, or 78 cents per share, in the third quarter, compared with $108.5 million, or $1.17 per share, a year earlier.