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LDK Solar sees price recovery in second half

LDK Solar Co Ltd suffered a quarterly loss as a sharp drop in solar wafer prices forced it to write down millions of dollars in inventories, but forecast revenue for the current quarter above estimates on stabilizing prices.

Ai Weiwei Criticizes Beijing, Judicial System

In seeming disregard, or perhaps in spite of it, Ai Weiwei broke the conditions of his release from a detention in Beijing to issue a scathing attack on the Chinese government in an online editorial published by Newsweek.
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Early Asian Price Decline Eases

Gold prices eased a touch in holiday-thinned trade on Monday as investors took bets on higher prices off the table, disappointed by a lack of clear guidance from the Federal Reserve on Friday on the options for U.S. economic stimulus.
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Storm heads for China after shutting down south Taiwan

Tropical storm Nanmadol headed for China on Monday, losing strength after drenching southern and eastern Taiwan, forcing evacuations, shutting businesses and disrupting transport, but causing no major damage or casualties.
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China moves Tibet hardliner to heavily Catholic province

The hardline Chinese official removed last week as Communist Party chief of restive Tibet has been made head of the province in the center of contention over China's Catholics, giving him an influential role in another sensitive religious issue.
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Australian Gold Production Up 10 Percent

A drive to benefit from record bullion prices lifted Australian gold production by 10 percent, or 24 metric tons, to 270 metric tons in the 2010/11 financial year, maintaining Australia's No. 2 ranking behind China, a sector survey released on Sunday showed.
Pedestrians walk past a Bank of America sign on the street in New York

Bank of America may sell CCB shares by next week

The Bank of America (BAC.N) is completing plans to sell over half of its shares in the China Construction Bank (0939.HK), with a group of Asian and Middle Eastern sovereign wealth funds negotiating to buy, the New York Times reported on Saturday.

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