The US Treasury Department said it will urge Japan to refrain from competitive devaluation while stopping short of accusing it of manipulating the yen in a report on exchange rates.
WMPs still seen as the most effective hedge against inflation
Mobile online shopping gains more ground in lesser-known regions of China
Microsoft Corp will use an Advanced Micro Devices Inc processor in its next Xbox game console as it seeks to cut the cost of building machines and get developers to create more titles, people with knowledge of the matter said. Shares in AMD surged the most in almost two years.
China's burgeoning travel market, bolstered by rapid urbanization, offers international hotel operators ample room to expand despite rising competition and an anemic global economy.
International hotel groups are seeking talented Chinese employees to work overseas now that China is emerging as a growing source of big-spending outbound tourists.
Yum Brands Inc, the owner of KFC and Pizza Hut restaurants, said sales in its largest overseas market will see a steep dive as a result of bird flu scares.
Chinese companies are being urged to invest in Poland as the European nation is expected to serve as one of the access points to enter the European Union, Ukrainian and Russian markets, officials said on Thursday.
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