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  1. Made in China: Motorola Mobility Is Chinese Company

    by , 11-18-2014 at 04:05 AM


    Lenovo and Google jointly announced that Lenovo formally completed its acquisition of Motorola Mobility from Google, and this now makes Lenovo the third largest smartphone maker in the world.

    Yang Yuanqing, chairman and chief executive officer of Lenovo Group, said that while enhancing the company position as the third largest smartphone maker in the world, Lenovo will challenge the top ...
  2. Xiaomi - the company will invest USD1 billion in the video content industry

    by , 11-18-2014 at 12:05 AM


    Lei Jun, chairman and chief executive officer of Chinese smartphone maker Xiaomi, says the company will invest USD1 billion in the video content industry as it aims to improve content of its TV and TV box products.

    For content, Lei said they prefer to cooperate with partners in the video content sector and realize joint growth in the area.

    Lei said the most important thing for ...
  3. Jumei.com Forms E-commerce Partnership With Beijing Daily Group

    by , 11-17-2014 at 06:30 PM


    Chinese cosmetics B2C e-commerce website Jumei.com has formed a strategic partnership with Beijing Daily Group for logistics, distribution, e-commerce, and big data analysis.

    Financial terms of the deal were not announced.

    A representative from Beijing Daily Group said that by integrating duplicated third-party logistics resources, Jumei.com realizes a self-built distribution ...
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  4. Price Pattern Technicals for Majors

    by , 11-17-2014 at 10:45 AM
    • EURUSD and USDCHF fail to confirm USDOLLAR move
    • USDJPY at upper median line parallel
    • AUDUSD follows through on last Friday’s reversal

    EUR/USD
    Weekly




    -BIG picture, monthly RSI has broken out of a triangle pattern. Sometimes, a pattern breakout in momentum (or OBV) precedes the breakout in price. The development’s implications ...
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  5. Another Gas Accord Between China and Russia After a Major Gas Deal

    by , 11-17-2014 at 10:00 AM


    Russia and China inked a framework accord on Sunday for a major gas supply agreement, a couple of months after the two countries closed a $400 billion gas deal in line with President Vladimir Putin’s plans to boost ties with China.
    Putin has ordered a reorientation of Russia’s economy towards the east as a way around isolation after the country suffered sanctions by ...