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...note in Goldman's bullish report today is the clearly stated anxiety over next year's economy. "Although our current economic outlook is for below-trend growth through 2010, the risk of a 'double-dip' recession remains significant," the report notes. That said, Goldman Sachs raised its year-end price target for the stock market 13%, sending a strong message to institutional investors to not sit on their hands, even in the face of major uncertainties. Among the stock groups Goldman favors: energy, basic materials, financials and technology...

Author: /time Magazine | Title: Why Goldman Sachs Is Bullish, Sort Of | 7/20/2009 | See Source »

...trick? Perhaps, but Fujifilm is gambling that consumers will not only be willing to pay for such special effects, but they'll also pay extra. When the camera debuts in Japan this summer and in the U.S. and Europe in September, it will cost around $600, roughly twice the price of conventional digital cameras. The picture frame will cost several hundred dollars, too; Fuji isn't sure yet how much to charge for 3-D prints. "We know that if it's over 500 yen [$5] per photo, it probably won't sell," says Takeshi Higuchi, general manager of Fujifilm...

Author: /time Magazine | Title: Fujifilm's New Dimension | 7/20/2009 | See Source »

Mine made it through the flight to Beijing, but only that far, since I accidentally left the contraption, hidden in the bag he gave me to protect it, at the hotel. Was his price of 70 yuan, just over 10 U.S. dollars, a fair cost for three days work? The lesson that hits me at every turn in China returns: I really don’t know. Instead, glimpses from getting lost in bovine entrail-avenues, or in what was taught about equitable wages, collect into impressions that take the place of understanding...

Author: By Chelsea L. Shover | Title: Deliberately Lost in the Buffalo’s Gut | 7/17/2009 | See Source »

...yesterday, Rudd issued his toughest comments yet in the case of Stern Hu, a Chinese-born Australian executive with mining giant Rio Tinto. Last week the Shanghai State Security Bureau arrested Hu and three Chinese colleagues on suspicion of industrial spying and stealing state secrets related to iron-ore prices. The arrests came amid acrimonious ore-price negotiations between Chinese steelmakers and global mining companies. (See pictures of Chinese investment in Africa...

Author: /time Magazine | Title: China's Rio Tinto Case Gets Uglier | 7/16/2009 | See Source »

...month's lending. The total amount of money that banks have loaned thus far in 2009 already exceeds the total amount loaned for all of last year. Speculative froth in China's financial markets abounds. Long-futures interest on copper contracts on the Shanghai Metals Exchange - bets that the price of copper will continue to rise - recently exceeded the total amount of copper delivered into China in 2008. Research Edge's Barber believes Beijing is buying current growth at the expense of the future. Politically, he acknowledges, Beijing's leadership may not have had any other realistic choice when...

Author: /time Magazine | Title: China's Economic Recovery Gathers Steam | 7/16/2009 | See Source »

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