Reuters:
China's government appears increasingly to be piercing U.S. government and defense industry computer networks to gather useful data for its military, a congressional advisory panel said on Thursday. (Read More)
New York Times:
A jury will decide whether the dealings of Joseph L. Bruno, the former Senate leader, were illegal. But testimony has already exposed an unseemly way of doing business in Albany.
. (Read More)
Channel NewsAsia Singapore News:
SINGAPORE: To commemorate World Aids Day which falls on December 1, a new exhibition here is showcasing the photographic works of 10 people, which include HIV and AIDS patients as well as volunteers. (Read More)
Channel NewsAsia Business News:
HELSINKI : Nokia, the world's biggest mobile phone maker, said on Friday it would shed about 330 jobs in Finland and Denmark as part of a streamlining of its research and development operations. (Read More)
New York Times:
The central bank upgraded its economic assessment, setting itself up for a confrontation with a government pressing for a policy response to deflation.
. (Read More)
Wall Street Journal:
FRANKFURT (MarketWatch) -- German Finance Minister Wolfgang Schauble said Friday that the global economy is far from a self-sustainable recovery. "It's too early to say we're beyond the crisis. We're still quite far away from a self-supporting [economic] recovery," he said in a speech at the Frankfurt European Banking Congr (Read More)
Wall Street Journal:
FRANKFURT (MarketWatch) -- Axel Weber, president of the Deutsche Bundesbank, defended the role of regulators and monetary policy on Friday, saying they were not to blame for the global financial crisis. "Monetary policy was not part of the culprit. Banks have to adjust down their profit aspirations in a low-interest-rate en (Read More)
Wall Street Journal:
LONDON (MarketWatch) -- European Central Bank President Jean-Claude Trichet on Friday warned that it was premature to conclude that the financial crisis has fully run its course. Analysts said the remarks contributed to risk aversion in financial markets, helping to lift the dollar. "I understand that the mood in the financ (Read More)
Wall Street Journal:
FRANKFURT (MarketWatch) -- German Finance Minister Wolfgang Schaeuble said Friday that the global economy is far from a self-sustainable recovery. "It's too early to say we're beyond the crisis. We're still quite far away from a self-supporting [economic] recovery," he said in a speech at the Frankfurt European Banking Cong (Read More)
Wall Street Journal:
Acknowledging that Thanksgiving week already has begun for Wall Street with light volatility and trading volume expected today, Loren Danielson nevertheless finds it encouraging that losses are muted. The senior vice president of RBC Wealth Management tells Andrew O'Day "I view it as encouraging that when the market gets k (Read More)
New York Times:
Even as the British economy seems to be improving, some analysts worry that its underlying structural flaws could mean the country won’t be able to sustain its recovery.
. (Read More)
Channel NewsAsia Business News:
NEW YORK - Oil prices remained depressed Friday amid a strengthening dollar and concerns over sustainable economic recovery. (Read More)
New York Times:
A variety of economists say that economic stimulus legislation is helping an economy in free fall a year ago to grow again and shed fewer jobs than it otherwise would.
. (Read More)