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Deals of the Hour / October 11, 2010, 3:40 am

China Seeks to Add Emerging-Market Currencies to Its Reserves

Oct. 11 (Bloomberg) -- China is moving to add more emerging-market currencies to its foreign-exchange reserves, a strategy central banks around the world are following to diversify their $8.7 trillion in holdings. "We can diversify more the foreign ... (Source: BusinessWeek 2010-10-11T08:40:47Z)

Asian currency tensions simmer

MUMBAI — It's boom time in Asia, only Premal Udani, who runs an Indian apparel exporting company, says he has little to show for it. A surging tide of foreign cash has helped drive stocks in Indonesia and the Philippines to record highs, while India's ... (Source: Cyprus Weekly 2010-10-11T10:20:59Z)

Spot the New Hirst as Frieze's $375 Million Artworks Test Market Recovery

By Scott Reyburn - Sun Oct 10 23:00:01 GMT 2010 The first estimate of the value of Frieze comes days before the event's Oct. 13 preview in London. This week also includes U.K. auctions that have more than 78 million pounds ($124.5 million) of works on ... (Source: Bloomberg 2010-10-10T23:15:16Z)

Recently released market study: Spirits in Japan

The spirits market consists of the sale of brandy, gin & genever, liqueurs, rum, specialty spirits, tequila & mezcal, vodka and whisky. The market is valued according to retail selling price (RSP) and includes any applicable taxes. Any currency conversions ... (Source: PR Inside 2010-10-10T02:36:53Z)

Top Chinese official meets North Korea's heir apparent

Beijing - One of China's top officials has met Kim Jong Un, the son and heir apparent of North Korean leader Kim Jong Il, Chinese state media said on Monday. Zhou Yongkang met both Kims and other North Korean leaders on Sunday in Pyongyang, where he was a ... (Source: Earthtimes 2010-10-11T06:31:56Z)

New Mandela book offers personal portrait

A new volume of Nelson Mandela memoirs goes on sale Tuesday in 22 countries and 20 languages. "Conversations with Myself" was compiled with the 92-year-old Mandela's blessing by a team of archivists, editors and collaborators who worked from decades of ... (Source: Business Day South Africa 2010-10-11T07:14:53Z)

Kim Jong-un makes public debut at lavish North Korean parade

PYONGYANG, North Korea | Clapping, waving and even cracking a smile, the youngest son of North Korean leader Kim Jong-il joined his father Sunday at a massive military parade in his most public appearance since being unveiled as the nation's next leader ... (Source: Washington Times 2010-10-10T22:18:00Z)

Kim Jong Il, Kim Jong Un, Ri Yong Ho

In this photo released by Korean Central News Agency via Korea News Service on Monday, Oct. 11, 2010, North Korean leader Kim Jong Il, right, and his son Jong Un, left, clap as they watch an evening gala to mark the 65th anniversary of the communist nation ... (Source: Charleston Gazette 2010-10-11T10:06:40Z)

North Korean celebration marks public introduction of Kim Jong Il's heir

PYONGYANG, North Korea — The next leader of North Korea from the only ruling family the isolated nation has ever known made his public debut Sunday, clapping and smiling as tanks and rocket launchers rolled past in what was said to be the largest ... (Source: Denver Post 2010-10-11T07:07:43Z)

Spirits in Asia-Pacific: New research report available at Fast Market Research

The spirits market consists of the sale of brandy, gin & genever, liqueurs, rum, specialty spirits, tequila & mezcal, vodka and whisky. The market is valued according to retail selling price (RSP) and includes any applicable taxes. Any currency conversions ... (Source: PR Inside 2010-10-10T02:36:53Z)

GM's September sales up 11% over last year's

General Motors Co. said it sold 11% more vehicles in September compared with the same month a year earlier, when auto sales had slumped sharply with the end of the popular "cash for clunkers" program. The Detroit-based automaker sold about 80,000 more ... (Source: Los Angeles Times 2010-10-01T20:05:31Z)

South Korean defense chief warns of repercussions from upcoing power change in North Korea

WASHINGTON - The United States and South Korea should be prepared for a crisis in North Korea when dictator Kim Jong Il leaves power, South Korea's defense chief said Friday. The expected transfer of power to Kim's youngest son could have unpredictable ... (Source: Minneapolis Star Tribune 2010-10-08T21:01:38Z)

Sale of Fort Worth-based AmeriCredit to GM gets OK

AmeriCredit Corp. shareholders have approved the company's $3.5 billion sale to General Motors Co., the auto financing company said Wednesday. The deal is expected to close Friday. Detroit-based GM agreed to acquire Fort Worth-based AmeriCredit in June to ... (Source: Dallas Morning News 2010-09-30T14:51:44Z)

PPD Opens New Office in Beijing, China Reflects company's strong growth in Asia Pacific to meet client needs

WILMINGTON, N.C., Oct 07, 2010 (BUSINESS WIRE) -- PPD, Inc. (Nasdaq: PPDI) today announced it has consolidated its clinical development operations in Beijing, China, in a new, larger office to support its growing client base in the country and throughout ... (Source: CNBC 2010-10-07T20:41:21Z)

Chiefs Buzz | Waters plays at left tackle; Colts cut former Chief Morgan; stingy defense

Chiefs guard Brian Waters was forced to play left tackle Sunday for the first time in his career, after starter Branden Albert suffered an apparent left arm injury. After Albert was helped from the field, Waters slid to his left and took the first snaps of ... (Source: Kansas City Star 2010-10-11T06:24:46Z)

Excerpts from Mandela book

Excerpts from a new volume of Nelson Mandela memoirs, "Conversations with Myself," that goes on sale Tuesday around the world. ___ From a 1969 letter to his then-wife, Winnie Madikizela-Mandela, after he was informed of the death of his son, Thembi, in a ... (Source: AP - msnbc.com 2010-10-11T07:36:21Z)

Austin Collie, Pierre Garcon Injury Updates: Indianapolis Colts WRs Both Active

Wide receivers Austin Collie and Pierre Garcon are both active for Week 5 against the Kansas City Chiefs, which should be a boon to an already-clicking Indianapolis Colts passing game. If you are giving Peyton Manning even more viable targets to throw to ... (Source: Bleacherreport.com 2010-10-10T16:05:46Z)

City to sell growing list of properties

For the first time in years, Chattanooga officials want to hold a fire sale of the city's excess property, hoping to bring in about $580,000. But even as the city unloads land, it could be scooping up more by taking control of properties with unpaid ... (Source: Chattanooga Times Free Press 2010-10-10T20:59:16Z)

Big sides going strongly in Euro 2012 qualifying

Germany, the Netherlands and Spain are among the sides looking to continue perfect starts to European Championship qualifying on Tuesday. The trio top their groups, and Spain is progressing so serenely that its latest opponent, Scotland, has already ... (Source: FOXSports.com 2010-10-10T15:08:30Z)

Movetis wins two out of three categories at the PharmaVentures European Deals 2010 Awards

Zurich (Switzerland), Turnhout (Belgium) – 30 September 2010 – Movetis NV (MOVE), the European gastrointestinal (GI) speciality pharmaceutical company, announces today that it has won the European Financing Deal of the Year and the European M&A Deal of ... (Source: Phramalive.com 2010-09-30T12:28:34Z)

North Korea's Historical Party Meeting Is Underway

North Korea's biggest political gathering in 30 years began Tuesday hours after leader Kim Jong Il appointed his youngest son as a military general in what was seen as part of a succession plan. Copyright © 2010 National Public Radio®. For personal ... (Source: NPR News 2010-09-28T19:18:58Z)

Austin Collie, Aaron Francisco starting

INDIANAPOLIS -- Austin Collie and Pierre Garcon are both active for the Colts today for their game at Lucas Oil Stadium against the Chiefs. And Aaron Francisco is the strong safety who will replace Melvin Bullitt in the lineup. Collie's been battling a ... (Source: ESPN.com 2010-10-10T18:28:56Z)

Excerpts from Mandela book published

JOHANNESBURG -- Excerpts from Nelson Mandela's new memoirs explore his anguish over the toll political activism took on his family. The excerpts published in newspapers Sunday are from "Conversations with Myself," which goes on sale Tuesday. The Sunday ... (Source: KABC 2010-10-10T15:37:08Z)

North Korea Courts China With Dancing Pandas in Pyongyang Mass Performance

North Korea's government used one of its most visible propaganda tools -- mass performances in a Pyongyang stadium -- to demonstrate its closeness to China as the Stalinist state embarks on a leadership change. With top leader Kim Jong Il looking on, as ... (Source: Bloomberg 2010-10-09T16:21:17Z)

Auto sales increase compared to last year

U.S. auto sales were up in September compared with last year, when the end of Cash for Clunkers caused sales to drop off. U.S. sales at General Motors Co., the largest U.S. automaker, climbed 11 percent from a year earlier to 173,155, the Detroit-based ... (Source: Houston Chronicle 2010-10-02T05:31:01Z)

Asian currency tensions simmer as dollar sinks

It's boom time in Asia, only Premal Udani, who runs an Indian apparel exporting company, says he has little to show for it. A surging tide of foreign cash has helped drive stocks in Indonesia and the Philippines to record highs, while India's market has ... (Source: AP - msnbc.com 2010-10-11T07:57:50Z)

North Korea Courts China With Dancing Pandas in Pyongyang Gala

Oct. 10 (Bloomberg) -- North Korea's government used one of its most visible propaganda tools -- mass performances in a Pyongyang stadium -- to demonstrate its closeness to China as the Stalinist state embarks on a leadership change. With top leader Kim ... (Source: BusinessWeek 2010-10-09T16:14:07Z)

Chattanooga aiming to raise funds selling surplus

CHATTANOOGA, Tenn. (AP) - City officials in Chattanooga are hoping to raise about $580,000 through a fire sale of the city's surplus property while taking control of holdings with unpaid taxes. Chattanooga's property manager Danny Thornton told the ... (Source: Charleston Daily Mail 2010-10-10T19:26:12Z)

Chattanooga to sell growing list of surplus properties

For the first time in years, Chattanooga officials want to hold a fire sale of the city's excess property, hoping to bring in about $580,000. But even as the city unloads land, it could be scooping up more by taking control of properties with unpaid taxes ... (Source: msnbc.com 2010-10-10T16:20:05Z)

Satellite image shows activity at North Korea's Yongbyon nuclear site

North Korea continues to keep the experts guessing. Last week, it promoted the third son of its current leader, Kim Jong Il, prompting speculation that he is on track to succeed his father. And now, apparently, it has commissioned construction activity at ... (Source: Washington Post 2010-10-05T00:12:30Z)

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