China first out of global financial crisis, says leading expert

China is the first major economy to start emerging from the global economic crisis, according to Dr Nicholas Lardy, Senior Fellow at the Peterson Institute for International Economics at Washington DC. This recovery is a ...

California leads green tech funding, reduces greenhouse emissions

California has had remarkable success in developing and deploying clean technology, using it to help fuel the state's economic rebound and drive its effort to cut greenhouse gas emissions, even as its population continues ...

Samsung Group to invest record $41.56 bln this year

South Korea's Samsung Group announced it would invest a record 47.8 trillion won ($41.56 billion) this year and hire an all-time high of 26,000 new employees despite global economic gloom.

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