24/7 Energy News Coverage
January 31, 2012
CIVIL NUCLEAR
UN atomic watchdog green lights Japan's reactor tests
Tokyo (AFP) Jan 31, 2012
The UN's nuclear watchdog on Tuesday gave its seal of approval to Japan's reactor safety checks, but said utilities should beef up plans for managing disasters in the wake of the Fukushima meltdowns. A delegation from the International Atomic Energy Agency (IAEA) is in the country at the government's invitation as officials look for ways to convince a deeply sceptical population that idled nuclear plants are safe to restart. With just a handful of Japan's 54 reactors still operational, officials ... read more

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ENERGY TECH

Oil higher in Asia on positive Japanese data
Oil prices rose in Asia Tuesday as traders reacted to better-than-expected economic data from Japan, analysts said. ... more
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CAR TECH

Honda 9-month net profit falls 71%, cuts forecasts
Honda Motor's net profit for the nine months to December slumped by almost three-quarters from the previous year due to Japan's March disasters, huge floods in Thailand, and the high yen, it said Tuesday. ... more
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ENERGY TECH

China sends team to Sudan, demands release of workers
China on Tuesday called for the immediate release of 29 Chinese workers held by Sudanese rebels, as it dispatched a team to the African nation to help defuse the situation. ... more
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24/7 Energy News Coverage
Amazon takes on iPad with new Kindle Fire tablet

Hong Kong to restrict foreign homebuyers from 2013

US judge OKs partial settlement in e-book case

Nordic-Baltic states seek more cooperation

Outside View: Jobs outlook grim

Empire-style computers? Frenchman takes PCs to lap of luxury

Google-Microsoft field smartphones to take on iPhone 5

EU businesses urge China's new leaders to speed reforms

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POLITICAL ECONOMY

China to launch database to curb property speculation
China plans to launch a housing database linking 40 major cities, which analysts said Tuesday would close a loophole in ownership restrictions and lay the groundwork for a nationwide property tax. ... more
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ENERGY TECH

Iraq again delays energy exploration auction
Iraq has again delayed an auction for a dozen oil and gas exploration blocks, because of changes in contract terms, a top official said on Tuesday. ... more
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TRADE WARS

Taiwan to open trade offices in China
Taiwan plans to open up semi-official trade offices in six cities in China in the next two months, which authorities said Tuesday was a sign of closer economic links with the mainland. ... more
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INTERNET SPACE

Data on Megaupload servers may be deleted
Federal prosecutors say two U.S. companies hosting Megaupload's servers could begin deleting all user content as early as Thursday. ... more
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24/7 News Coverage
New deep sea mining rules lack consensus despite US pressure
Lightning strikes kill 33 people in eastern India
From Antarctica to Brussels, hunting climate clues in old ice
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TRADE WARS

Bolivians demand controversial highway be built
More than 2,000 Amazon Indians on Monday called on Bolivian President Evo Morales to approve the building of a highway through a nature reserve, a project scrapped last year after widespread protests. ... more
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INTERNET SPACE

US lawmakers seek Google answers on privacy
Two US lawmakers have asked Google chief Larry Page to brief congress on changes to the Internet search giant's privacy policies, citing concerns about collection and sharing of personal data. ... more
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CAR TECH

China car maker SAIC says 2011 profit surged
China's SAIC Motor, the largest domestic auto maker, said Tuesday that unaudited net profit rose more than 40 percent last year, despite an overall slowdown in the world's biggest car market. ... more
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POLITICAL ECONOMY

China has room for stimulus: IMF
China could easily boost domestic consumption to stimulate its economy if its slowdown is too sharp, the International Monetary Fund said Monday. ... more
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AEROSPACE

Japan's ANA nine-month net profit down 10%
Japan's All Nippon Airways on Tuesday said its net profit for the nine months to December fell 10.0 percent from a year earlier due to an increase in corporate taxes. ... more
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POLITICAL ECONOMY

Japan's industrial output rise lifts recovery hopes
Japan's uncertain post-catastrophe economic recovery appeared to be tentatively gaining traction Tuesday as official data showed industrial output rose by more than expected in December. ... more
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ENERGY TECH

Exxon Mobil trimming Japan operation
Exxon Mobil said it is selling a 99 percent stake in its downstream product marketing subsidiary, Exxon Mobil Yugen Kaisha, to Japanese refinery operator TonenGeneral Sekiyu. ... more
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ENERGY TECH

Iran Parliament delays oil cutoff vote
Iran's Parliament has delayed an "emergency" vote on immediately cutting off oil supplies to the European Union as a team of nuclear inspectors arrived. ... more
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Space News from SpaceDaily.com
Flexible Payload Interface for Spacecraft
Boeing looks for Starliner fixes despite costs, ISS age
SpaceX sends Starlink satellites to polar orbit in late night launch
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POLITICAL ECONOMY

Walker's World: So much for Davos
What a difference a week makes. Had the latest downgrades by Fitch or the leak of the latest German plan to impose discipline on the Greek economy come as the Davos elite were gathering, the mood in the Alps would have been much colder. ... more
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CAR TECH

New foreign auto investment rules begin in China
China has withdrawn support for foreign investment in auto manufacturing under new rules that took effect Monday, as it seeks to encourage the domestic industry in the world's largest car market. ... more
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TRADE WARS

China says currency reform to boost Shanghai
China on Monday pledged to increase the use of the yuan in international trade and encourage foreign investment in Shanghai markets, as it seeks to build the city into a major global financial centre. ... more
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TECH SPACE

Congolese inventor puts African tablet on sale
Africa has its first handheld tablet to rival the iPad and similar western inventions, which went on sale in the Republic of Congo on Monday, its inventor Verone Mankou said Monday. ... more
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TRADE WARS

S. Korea minister calls trade pact with China necessary
South Korea's finance minister called Monday for early negotiations on a free trade pact with China so Seoul can compete against Taiwan in the lucrative Chinese market. ... more
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INTERNET SPACE

Google, Microsoft, Yahoo! to fight email spam
Google, Microsoft, Yahoo!, AOL and Facebook are setting aside their online rivalry to fight a common enemy: email spam and "phishing" attacks. ... more
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ENERGY TECH

Retool world economy for sustainability: UN panel
The world can no longer afford to ignore the environmental cost of economic growth and must redefine the very concept of national wealth, a UN panel of heads of state and environment ministers said Monday. ... more
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ENERGY TECH

Chinese workers in good shape: Sudan rebels
Twenty-nine Chinese workers described as hostages by Sudan's military are in good shape and will be released when the security situation allows, their rebel captors told AFP on Monday. ... more
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Military Space News, Nuclear Weapons, Missile Defense
Syrian troops move into Suwayda as violence continues
32 killed near Gaza aid sites, Hamas-run Health Ministry says
Ukraine's Zelensky seeks cease-fire meeting next week
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ENERGY TECH

India mulls using rupee to pay for Iran oil imports
India said Monday it may use its own currency, the rupee, to pay for oil imports from Iran in the face of a US-led sanctions campaign aimed at forcing Tehran to abandon its nuclear programme. ... more
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POLITICAL ECONOMY

China government debt 'controllable': Wen
Chinese Premier Wen Jiabao said government debt was "overall safe and controllable" and key projects would continue to receive funding to avoid "systemic risks", state media said Monday. ... more
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TRADE WARS

EU drafts law to respond to Chinese protectionism: official
The European Union is drafting a law in response to Chinese protectionism in public markets, EU trade commissioner Karel De Gucht told the German Focus magazine in an interview to appear Monday. ... more
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TECH SPACE

SciTechTalk: The smartphone debate
As modern smartphones begin to look more alike, there is one user preference difference that has kept phone design firmly in two camps: the keyboard - virtual or physical. ... more
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ENERGY TECH

China calls for calm after Philippine offer to US
China on Sunday called for greater efforts towards "peace and stability" in the region, after the Philippines offered to allow more US troops on its territory. ... more
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ENERGY TECH

Germany urges restraint after Iran oil stop threat
Germany Sunday called for restraint from Iran amid an escalation in tensions over Tehran's disputed nuclear programme and a threat to immediately cut off oil exports to Europe. ... more
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ENERGY NEWS

Japan emissions rising after atomic crisis: report
Japanese manufacturer's greenhouse gas emissions are rising after the Fukushima nuclear power plant disaster, hurting the country's carbon reduction goals, a report said Sunday. ... more
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CAR TECH

Five possible buyers for bankrupt Saab: administrator
Up to five companies are keen to buy Saab, one of the bankrupt Swedish carmaker's three administrators said Sunday. ... more
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