* China steams over pricey Starbucks coffee
* China Mobile profits disappoint
* BHP Billiton backs away from India
* Ukraine close to shale gas deal
* Asia stocks advance on outlook for federal stimulus
* HTC targets Chinese market for growth
* Brazil pledges to press ahead with landmark oil auction
* US offers $1.6bn in aid to Pakistan ahead of White House talks
* Indonesia’s clans fall foul of bribery probes ahead of 2014 poll
* China looks to municipal bonds to clean up local-government debt
China steams over pricey Starbucks coffee
The Seattle-based coffee chain becomes the latest western company to face scrutiny over its Chinese pricing strategy
China Mobile profits disappoint
China Mobile said it had experienced “severe difficulties” this year from increased competition, as the world’s largest mobile operator reported third-quarter profits below analyst expectations
BHP Billiton backs away from India
Global natural resources group BHP Billiton has outlined plans to exit a series of Indian oil and gas explorations projects after being hit by lengthy regulatory delays relating to India’s ministry of defence.
Ukraine close to shale gas deal
Kiev hopes production-sharing agreements with international energy groups will enable it to reduce dependency on costly imports from Russia
Asia stocks advance on outlook for federal stimulus
Asian stocks rose, with the regional benchmark index extending its advance from a five-month high, amid speculation the Federal Reserve will delay stimulus cuts.
HTC targets Chinese market for growth
Smartphone maker’s new regional director covering the country is optimistic that better marketing and a broader range of products can bring success
Brazil pledges to press ahead with landmark oil auction
Brazil has vowed to press ahead with Monday’s auction of the first of its giant offshore oil discoveries to be sold under a new regulatory regime, despite lower-than-expected industry interest and union opposition.
US offers $1.6bn in aid to Pakistan ahead of White House talks
The White House has quietly cleared the way for the release of $1.6bn in military and economic assistance to Pakistan ahead of Wednesday’s meeting between Pakistan’s Prime Minister Nawaz Sharif and President Barack Obama, senior Pakistani officials and western diplomats said.
Indonesia’s clans fall foul of bribery probes ahead of 2014 poll
With her broad perma-smile, tightly fitted hijab and religious airs, Banten governor Ratu Atut Chosiyah, does not give the impression that she is the don of a powerful political clan. But this open secret has been propelled to the top of the news agenda following the arrest of Indonesia’s chief constitutional court judge this month on allegations that he took bribes to influence rulings on disputed local elections.
China looks to municipal bonds to clean up local-government debt
China may decide next month to expand a trial program allowing local governments to sell bonds, in response to concerns that their huge borrowings are largely hidden from view and pose a risk to the stability of the nation’s financial system.
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