Archive for the ‘WSJ’ Category
Blind Chinese activist Chen Guangcheng boarded a flight to the U.S. on Saturday, closing an episode that strained bilateral relations and spotlighted Chinese human-rights issues.

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Activist Leaves China for U.S.
Consumers in China are increasingly modern in their tastes, but they are not becoming ‘Western.’ How the selling of coffee, cars and pizza sheds light on a nation racing toward superpower status.

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What the Chinese Want
The size of J.P. Morgan’s bets is bogging down its efforts to extract itself and threatening deeper losses.

Facebook shares fell as low as their $38 IPO price, after opening about 11% higher on its first day of trading. Underwriters stepped in to support shares at the offering price.

Excerpt from:
Facebook Shares Cool After IPO
As Facebook launches its IPO, it’s worth taking a moment to consider what the Chinese market can teach the global social-networking leader.

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What China Can Teach Facebook
The $16 billion Facebook raised in its IPO more than doubled the combined total of $12 billion for all IPOs so far this year.

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Facebook IPO Remakes 2012 Scorecard
Facebook priced its initial public offering at $38 a share, a move that values the Internet company at more than $100 billion.
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Facebook Prices Its IPO at $38
Japan launched the first rocket with a non-Japanese payload, fulfilling a two-decade quest to compete in the world’s $4.3 billion commercial satellite-launch business.

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Japan Launches Space-Cargo Business
U.S. and Chinese regulators are headed toward a possible clash over how Chinese companies are audited.

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U.S., China Battle Over Audits
Greece mandated a senior judge to form a government as caretaker prime minister ahead of new elections next month, after political parties failed to agree on a political or technocratic heavyweight for the job.

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Greece Sets Showdown Vote Over Euro





