China to Act on Software Piracy, Spur Farm Exports

Posted by tjdetai on December 27th, 2015

China to Act on Software Piracy, Spur Farm Exports

China agreed to take steps that would counter mounting losses for U.S. software companies from piracy and spur shipments of farm goods, as the two nations sought to ease trade tensions.

China May Raise Rates 6 Times Through 2011, Mizuho's Suzuki Says

China may raise interest rates up to six times by the end of next year as inflation becomes more entrenched in the economy, according to Mizuho Research Institute Ltd.

EU Faces Debt ‘Gridlock,' Nears Deal on Post-2013 Tool

European Union divisions widened over how to contain the debt contagion that threatens the euro, limiting a summit starting today to agreeing on a crisis- management mechanism that takes effect in 2013.

Spain Bond Sale Misses Maximum Target as Moody's Threatens Cut

Spain's Treasury sold 2.4 billion euros （.2 billion） of bonds, less than its maximum target, as borrowing costs surged after Moody's Investors Service said it may downgrade the country's credit rating.

OTHER MARKETS:

Asian Stocks, Copper Decline Before European Debt Crisis Talks

Asian stocks and copper declined, while Treasuries snapped a two-day drop, before European Union leaders meet to discuss the region's debt crisis and the U.S. publishes data that may show jobless claims rose.

Euro Gains Before EU Meeting to Tackle Crisis-Fighting Mechanism

The euro gained before European Union leaders met to discuss how to contain the debt contagion that has threatened the single currency.

Merkel Channeling Antony Comes to Praise Euro While Burying It

Every time German Chancellor Angela Merkel talks about how investors will have to swallow losses in future debt crises, financial markets shudder.

No More Bears for Emerging Markets Unsettles Investors

Individual investors are pouring money into emerging-market stocks at the fastest pace since 2007 as the biggest rally in 16 years spurs three of the world's largest banks to predict shares will hit record highs next year.

Crude Falls From One-Week High on Forecasts for Warmer Weather

Crude oil fell from a one-week high on speculation that cold weather in the U.S. may abate and reduce demand for heating fuel.

SPORTS:

England Reaches 29-0 After Dismissing Australia for 268 in Ashes

England reached 29-0 on day one of the third Ashes cricket Test after vindicating Andrew Strauss's decision to bowl first in Perth by dismissing Australia for 268.

Qatar Makes Billion Bet on World Cup Makeover

The stadium where Qatar will host the 2022 World Cup final isn't built yet. Neither is the city.

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