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Asia Top News and Analysis China

  • PATASKALA, Ohio-- Down to a fierce finish, President Barack Obama accused Mitt Romney of scaring voters with lies on Friday, while the Republican challenger warned grimly of political paralysis and another recession if Obama reclaims the White House. Obama backers shouted as the president campaigned in Ohio.

  • LIMA, Nov 2- Peru's constitutional court plans to require the government to finally honor land reform bonds it issued 40 years ago but in most cases never paid, a ruling that could be worth billions of dollars to bondholders in Peru and abroad.

  • WASHINGTON, Nov 2- The contentious U.S.- China trade relationship has been a major issue in the U.S. race for the White House, with President Barack Obama defending his record and Republican challenger Mitt Romney promising tougher tactics if elected.

  • Nov 2- Clothing company Ralph Lauren Corp reported higher-than-expected quarterly earnings on Friday as revenue held up despite growing anxiety about luxury sales. Without the impact of store closings in China and the discontinuation of Ralph Lauren's low-priced American Living brand, revenue would have risen 3 percent, the company said.

  • PARIS, Nov 2- Telecom equipment maker Alcatel-Lucent may sell assets to strengthen its balance sheet after posting a second straight quarterly loss as its customers around the world cut spending on mobile and fixed networks.

  • LONDON, Nov 2- Overseas investors, many of whom are creditors to the highly-indebted U.S. government, reckon a re-election of President Barack Obama would be best for world markets even if U.S. counterparts say otherwise.

  • BEIJING- Potentially sinister threats to China's ruling Communist Party sit unnoticed in cages perched on a rooftop above a small alleyway in southwestern Beijing.

  • *Pressure rising for projects to revive UK economy. LONDON, Nov 2- London's mayor accused the British government on Friday of ``utter inertia'' on airport expansion policy with pressure growing for a launch of major infrastructure projects to help shore up the floundering economy.

  • LONDON, Nov 2- Copper fell on Friday, on course for the fourth weekly drop, pressured by concerns about demand from top consumer China and as the dollar rose following better-than-expected labour market data from the United States.

  • Nov 2- Ralph Lauren Corp on Friday reported lower quarterly earnings and reduced its full-year sales forecast because of its ongoing closures of locations in China and the discontinuation of its American Living brand, warning that the global economy is still threatening demand for its fashion items.

  • *Yen hampered by Japan's trade deficit, economic woes. LONDON, Nov 2- The dollar rose to a near four month-high against the yen on Friday as investors bet on an upbeat U.S. payrolls report after private employers added jobs at the fastest pace in eight months.

  • *S&P 500 up 0.1 pts, Dow down 6 pts, Nasdaq down 2.25 pts. NEW YORK, Nov 2- S&P 500 stock index futures were little changed on Friday after Wall Street posted its best daily rise in seven weeks and ahead of the last monthly jobs report before the presidential elections next week.

  • *Aims to reduce dependence on China. ALMATY, Nov 2- Kazakhstan's state nuclear company and Japanese trading house Sumitomo Corp opened a new plant on Friday to produce rare earth metals coveted by technology companies ke e n to break China's stranglehold on global supply.

  • *S&P 500 up 0.1 pts, Dow down 6 pts, Nasdaq down 2.25 pts. NEW YORK, Nov 2- S&P 500 stock index futures were little changed on Friday after Wall Street posted its best daily rise in seven weeks and ahead of the last monthly jobs report before the presidential elections next week.

  • LONDON, Nov 2- World shares were steady near two-week highs and the dollar at a seven-week high ahead of U.S. jobs data that will provide the last major signal on the state of the world's leading economy before its voters pick a president on Tuesday.

  • *European Commission clears Glybera for ultra rare disease. The formal clearance from the European Commission paves the way for a launch next summer of the treatment for an ultra rare genetic disease that will cost around 1.2 million euros per patient, a new record for pricey modern medicines.

  • LONDON, Nov 2- Copper prices slipped on Friday, and were on course for their fourth weekly drop, as uncertainty about economic growth and the outlook for demand kept investors cautious ahead of the release of labour market data from the United States.

  • BEIJING, Nov 2- China's central bank will keep monetary policy prudent and money supply reasonable to prioritise the job of encouraging economic growth, the bank's latest monetary policy report showed on Friday.

  • BEIJING- Potentially sinister threats to China's ruling Communist Party sit unnoticed in cages perched on a rooftop above a small alleyway in southwestern Beijing.

  • BOSTON-- Should he prevail Tuesday, Mitt Romney would bring a CEO's eye to the White House and a policy agenda based on a general set of principles and focused more on data than ideology. And he would likely have to work with a divided Congress to accomplish it all.