






China has bought more than $1 trillion of American debt, but as the global downturn has intensified, Beijing is starting to keep more of its money at home, a move that could have painful effects for American borrowers, the New York Times reported.
Global stocks were in the red Thursday after dire U.S. employment data cooled investors' willingness to take risks for higher returns. But experts tell CNBC there are bargains out there.
ProMOS, Taiwan's No.3 DRAM chip maker, and larger Japanese rival Elpida, have jointly submitted a proposal to the Taiwan government for state assistance.