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  • INSIGHT-U.S. jockeys with China over GMO crop issues Friday, 31 Oct 2014 | 3:32 PM ET

    Oct 31- With U.S. approval for Dow AgroSciences' package of chemicals and new genetically engineered crops now in hand, the Dow Chemical Co unit faces a major obstacle to a $1 billion market opportunity: Chinese import barriers. China for the last year has been rejecting U.S. corn shipments containing traces of a type of GMO corn developed by Syngenta AG.

  • Recalls this week: flashlights, bicycle shocks Friday, 31 Oct 2014 | 3:14 PM ET

    More than 8,000 flashlights with special lenses for Halloween have been recalled because they can overheat and melt. A clear label with " Signature Designs Ltd, Ningbo, China, 14-121-02, 05/ 2014" printed in white is on the side of the handle opposite the orange on/off switch. They were sold at Meijer stores from September 2014 to October 2014.

  • TAIPEI, Oct 31- Taiwan's president said in remarks published on Friday that the island needed the United States to help it develop an indigenous submarine programme. "We are still discussing this issue with the United States," President Ma Ying- jeou told The New York Times, reaffirming Taiwan's commitment to construct diesel-electric submarines to replace...

  • North Korean Ebola policies hit tourism businesses Friday, 31 Oct 2014 | 9:02 AM ET

    Tourist visits were halted last week, and North Korea announced Thursday it would quarantine other visitors for 21 days over fears of the spread of the Ebola virus. The steps came even though the disease has not occurred anywhere in Asia, and very few foreigners are allowed to enter North Korea anyway. A man from Dangdong Tianda International Cargo...

  • *Gold drops over 2 pct, silver down 3 pct. LONDON, Oct 31- Gold and silver slumped to their lowest since 2010 on Friday as the dollar and stock markets soared following a new round of quantitative easing by the Bank of Japan and U.S. data showing a robust economy. The metal breached important support levels at $1,200 and $1,180, where stop losses- automatic sale orders-...

  • *U.S. weaker, Brazil stagnant, limited cost savings in Mexico. BRUSSELS, Oct 31- Anheuser-Busch InBev, the world's largest beer maker, increased earnings by less than expected in the third quarter as U.S. consumers drank less, Brazil fell into recession and Mexican cost savings dropped sharply. The maker of Budweiser, Stella Artois and Corona has coped with past...

  • BEIJING, Oct 31- China's government is likely to cut the price sugar mills must pay for cane in 2014/ 15 by at least 10 percent, analysts said, potentially prompting some growers to switch to other crops. Sugar mills in the southern Guangxi region, accounting for around two-thirds of Chinese cane output, want prices slashed as low as 350 yuan per tonne from 440 yuan in...

  • *Gold drops over 2 pct, silver down 3 pct. SINGAPORE, Oct 31- Gold and silver slumped to their lowest since 2010 on Friday, as robust U.S. economic data and a stronger dollar pressured prices, with stop-loss orders accelerating the metals' decline. Gold and silver were hit hard after the dollar rose to a near four-week high against a basket of major currencies on Friday.

  • Chinese shares close higher, financials firm Friday, 31 Oct 2014 | 3:10 AM ET

    SHANGHAI, Oct 31- Chinese shares ended higher on Friday, with most heavyweight stocks firm as investors bet that China's government would roll out more support measures for the economy. Among financials, Bank of China Ltd rose 3.7 percent, Industrial and Commercial Bank of China Ltd gained 2.2 percent and China Life Insurance Co Ltd climbed 4.7 percent.

  • China's CSI300 index hits highest since Sept 2013 Friday, 31 Oct 2014 | 1:12 AM ET

    SHANGHAI Oct 31- China's CSI300 Index rose 1.5 percent to 2,507.3 points on Friday afternoon, its highest level since Sept 2013, as traders bought into index heavyweights, which analysts attributed to hopes for more policy support. The CSI300 tracks the largest stocks listed on both the Shanghai and Shenzhen stock exchanges. Chinese stocks have been rallying...

  • *Hong Kong indexes head for best month since July. *Mengniu rises after Danone's investment in Yashili. HONG KONG, Oct 31- Shares in Hong Kong and mainland China markets rose on Friday, helped by strength in most heavyweight stocks as investors bet that China's government will roll out more support measures for the economy.

  • Hong Kong activists mull Beijing visit during APEC Friday, 31 Oct 2014 | 12:21 AM ET

    HONG KONG— Hong Kong student protest leaders are considering visiting Beijing while it hosts a major Asian summit next week to press their demands for greater democratic reforms. "But if we can't cross the border, then we'll know that Beijing has sent a message to Hong Kongers... that they're completely ignoring Hong Kongers demands" to drop proposed curbs on the...

  • SHANGHAI, Oct 31- China's yuan edged higher against the dollar on Friday, buoyed by strong corporate dollar sales, traders said, and it is set to show a gain of 0.5 percent in October, the fifth straight month of mild appreciation. "Many companies are selling dollars this morning, continuing a recent trend," said a trader at an Asian bank in Shanghai, adding that the...

  • Afghan leader makes rare reference to Taliban Friday, 31 Oct 2014 | 12:11 AM ET

    BEIJING— Afghanistan's new president invited the Taliban to join in a peace process backed by the international community on Friday, in an unusual direct reference to the insurgents who have stepped up attacks aimed at bringing down his month-old government. Ghani Ahmadzai's attitude toward the Taliban has been a departure from that of his predecessor,...

  • 2 boys sue govt, Malaysia Airlines over Flight 370 Friday, 31 Oct 2014 | 12:05 AM ET

    KUALA LUMPUR, Malaysia— Two Malaysian children sued Malaysia Airlines and the government on Friday over the loss of their father on Flight 370, the first lawsuit filed in the country by relatives of those aboard the jetliner that mysteriously disappeared eight months ago. Jee Kinson, 13, and Jee Kinland, 11, accused the civil aviation department of negligence...

  • BEIJING, Oct 31- China's shadow banking sector continued to grow at breakneck speed in 2013 and now ranks as the third largest in the world, a report released by the Financial Stability Board showed on Friday. The FSB's report nevertheless appears to underestimate China's sprawling shadow banking sector, although analysts said this type of debt is not yet at a...

  • China is due to chair an Asia-Pacific Economic Cooperation summit on Nov. 10-11, and Froman said this was an opportunity for China to end a stalemate over updating the 16- year-old Information Technology Agreement, which eliminated duties on personal computers and telephones. The United States and China have begun talks about a two-way investment pact, but...

  • *Beijing to host APEC summit Nov. 5 to 11. *Steel output in 100- km radius of Beijing to be halted. BEIJING, Oct 31- Chinese steel mills, among the biggest in the world, are altering their production schedules to offset disruption from forced plant closures aimed at curbing choking air pollution during a summit of world leaders in Beijing next month.

  • Pharma firm to establish operations in Virginia Thursday, 30 Oct 2014 | 12:20 PM ET

    RICHMOND, Va.— A Chinese pharmaceutical ingredients maker is planning to invest $22.5 million to establish operations in Virginia, creating 376 jobs. Terry McAuliffe said Thursday that UniTao Pharmaceuticals LLC has purchased the Boehringer Ingelheim plant that's slated to close by the end of the year. Virginia successfully competed against California...

  • Chinese president’s favorite blogger hates America Thursday, 30 Oct 2014 | 11:46 AM ET
    Chinese President Xi Jinping delivers his opening speech during the 6th China-U.S. Security and Economic Dialogue and 5th round of China-U.S. High Level Consultation on People-to-People Exchange, July 9, 2014, in Beijing.

    Chinese President Xi Jinping applauded a Chinese blogger who has written erroneous comments about America, reports the Global Post.