24/7 News Coverage
September 18, 2012
SPACEMART
Nicaragua negotiating satellite purchase with China
Managua (AFP) Sept 14, 2012
Nicaragua is in negotiations with China to purchase a $300 million satellite, which the Central American country hopes to launch into orbit by 2016, officials said. The accord between the Nicaraguan Telecommunications Institute (Telcor) and the Chinese firm Great Wall, which has manufactured satellites for several Latin American, African and Asian countries, could be signed in October. "In mid-October of this year, the two parties are going to conclude the negotiations on all aspects of this con ... read more

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Pentagon chief to meet China's leader-in-waiting
US Defense Secretary Leon Panetta is due to meet China's leader-in-waiting, Vice President Xi Jinping, during a visit to Beijing this week, officials said Monday. ... more
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CYBER WARS

Chinese telecom firms grilled over links
Troubled Chinese telecom firms Huawei and ZTE are facing congressional questioning in the United States after running into problems elsewhere over allegations they are too close to the Chinese government, are secretly subsidized and don't flinch from bribing to get a deal. ... more
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NUKEWARS

Major powers recognize Mongolia as nuclear weapons free
Mongolia, jammed between nuclear arms giants Russia and China, on Monday secured a unique pledge from the major powers not to breach its self-declared nuclear weapons-free zone. ... more
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24/7 Energy News Coverage
Amazon takes on iPad with new Kindle Fire tablet

Hong Kong to restrict foreign homebuyers from 2013

US judge OKs partial settlement in e-book case

Nordic-Baltic states seek more cooperation

Outside View: Jobs outlook grim

Empire-style computers? Frenchman takes PCs to lap of luxury

Google-Microsoft field smartphones to take on iPhone 5

EU businesses urge China's new leaders to speed reforms

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Japanese activists land on disputed island
Two Japanese activists landed on an island at the centre of a bitter dispute with China on Tuesday, the government in Tokyo said, as fresh anti-Japanese protests rocked Chinese cities. ... more
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Japanese firms halt China operations after protests
Major Japanese firms including Canon and Honda suspended operations at several plants in China, officials and reports said Monday, on the eve of an expected fresh wave of anti-Japan demonstrations. ... more
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Anti-Japan protests across China on war anniversary
Thousands of anti-Japan protesters rallied across China over a territorial row on Tuesday, a key historical anniversary, as Japanese firms including car giant Toyota shut or scaled back production. ... more
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Trial of Bo's ex-police chief starts in China: lawyer
An ex-police chief whose flight to a US consulate triggered the biggest scandal to rock China's ruling Communist party in years was put on trial in a closed session Monday, his lawyer said. ... more
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Military Space News, Nuclear Weapons, Missile Defense
Iran Guards unveil underground naval base
Israel intercepts missiles fired from Yemen
Russian attacks kill six across Ukraine, Kyiv says
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Pentagon chief calls for calm in Japan-China spat
US Defense Secretary Leon Panetta called for diplomatic efforts to resolve a worsening territorial spat between Japan and China on Monday, the day after warning disputes could draw East Asia into war. ... more
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Anti-Japan protests again erupt across China
Thousands of anti-Japanese demonstrators mounted protests in cities across China on Sunday over disputed islands in the East China Sea, a day after an attempt to storm Tokyo's embassy in the capital. ... more
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China's leader-in-waiting resurfaces after two weeks
China's Vice President Xi Jinping made his first public appearance in two weeks on Saturday following swirling speculation about the whereabouts of Beijing's leader-in-waiting. ... more
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Thousands protest at Japanese embassy in Beijing
Angry demonstrators attempted to storm the Japanese embassy in Beijing Saturday, state media said, as tens of thousands of people across China protested against Japan over a growing territorial dispute. ... more
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PILLAGING PIRATES

China, US conduct joint anti-piracy drill: Xinhua
Chinese and US navy vessels conducted a joint military exercise on Monday as part of an anti-piracy drill in the Gulf of Aden, state media reported. ... more
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FLORA AND FAUNA

Giant panda in Washington zoo gives birth
A giant panda lent to the United States by China and living at the National Zoo in the US capital has given birth to a cub, zoo officials said Monday. ... more
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AFRICA NEWS

Zimbabwe's Mugabe inaugurates Chinese-built defence college
Zimbabwe President Robert Mugabe on Friday inaugurated a $98 million Chinese-built military college and claimed the West threatened a "military invasion" during the country's political woes. ... more
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TRADE WARS

Australia cuts mining forecasts on China drop
Australia's resources agency slashed its mining export forecasts Tuesday as China's slowdown hits commodity prices, with earnings set to fall for the first time since the financial crisis. ... more
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24/7 News Coverage
Companies slam delay on deep-sea mining rules
Slew of satellite projects aims to head off future wildfires
Three million years ago our ancestors relied on plant-based diets
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TRADE WARS

Deals and ordeals for Chinese tech giant Huawei
Chinese telecom giant Huawei is perplexed at its treatment in the West, with the United States fearful it is a Trojan horse for cyber warfare even as Europe eagerly courts its business. ... more
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CAR TECH

Japan auto giants scale back China production
Japan's big three automakers shuttered some or all of their factory operations in China on Tuesday amid escalating anti-Japan protests centred on a bitter territorial dispute between the Asian giants. ... more
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POLITICAL ECONOMY

Property price rises ease in Chinese cities
Rises in new home prices moderated broadly in Chinese cities last month, official data showed Tuesday, after authorities vowed to keep a tight grip over the once red-hot sector. ... more
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TRADE WARS

Japan Inc. padlocks China factories amid violence
Some of Japan's biggest corporate names padlocked factories in China Tuesday as violent anti-Japan protests sparked safety fears, and threatened economic ties worth more than $300 billion a year. ... more
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TRADE WARS

US, China trade battle heats up at WTO
US-China trade tensions heated up Monday as the US lodged a complaint over Beijing's automotive subsidies with the WTO and China countered with a filing over US duties on Chinese products. ... more
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TRADE WARS

Seeking political gain, Obama fires new trade shot at China
President Barack Obama fired a new trade shot at China Monday, wooing blue collar workers and outmaneuvering his Republican foe Mitt Romney as Beijing took a pounding in the White House race. ... more
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POLITICAL ECONOMY

China pledges more financial reform by 2015
China said Monday it would move to allow its currency to float more freely and further liberalise state-set interest rates in a broad financial plan through 2015. ... more
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CAR TECH

Obama to launch China WTO action on autos
President Barack Obama will launch a new WTO enforcement action against Chinese auto subsidies Monday, countering his Republican foe Mitt Romney's accusations that he is too timid towards Beijing. ... more
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Space News from SpaceDaily.com
FAA grounds SpaceX Starship launches after breakup
China deploys three spacecraft with Long March 2D rocket
ISRO demonstrates restart of Vikas engine
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POLITICAL ECONOMY

Risks ahead if Asia to drive world growth: experts
Asia must fight complacency and transform its economic and social models if it is to keep driving global growth in years to come as Europe and the United States slow, experts say. ... more
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DRAGON SPACE

China's manned spacecraft in final preparations for mid-June launch
China's Shenzhou-9 manned spacecraft is in final preparations for its launch in mid-June, paving the way for China's first manned space docking mission, as well as the country's first space mission ... more
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SUPERPOWERS

Obama camp lashes Romney's China 'hypocrisy'W/LLL
US President Barack Obama's campaign lashed Mitt Romney for "hypocrisy" on China Friday, claiming his tough talk was undermined by his business record of shipping US jobs to the Asian giant. ... more
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SUPERPOWERS

Six China ships near isles disputed with Japan
Six Chinese ships sailed into waters around a disputed archipelago on Friday, with Beijing saying they were there for "law enforcement" around islands Japan nationalised earlier this week. ... more
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POLITICAL ECONOMY

Hong Kong warns of property bubble from Fed plan
Hong Kong's Monetary Authority warned Friday that the loosening of monetary policy in the United States could lead to overheating in the territory's already hot property sector. ... more
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CAR TECH

Volvo Cars cuts consultant jobs
Volvo Cars announced Friday it would cut up to 400 temporary consultant positions and has reportedly issued an ultimatum to its Swedish suppliers to slash prices by a fifth before 2015. ... more
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TRADE WARS

Australian FM hits back at critics of China investment
Australian Foreign Minister Bob Carr Friday hit out at critics of Chinese investment in the country, urging resistance to "nationalistic sloganeering" on the issue. ... more
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CYBER WARS

Amid US probe, China telecom firms defend record
The leaders of a congressional probe into two Chinese telecom giants expressed fresh concerns Thursday about the firms' links to the Beijing government, as the companies defended their integrity. ... more
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