CHINA

China VP Hails U.S. Economy's 'Resilience'

Chinese Vice President Xi Jinping, seen as frontrunner to succeed President Hu Jintao
Chinese Vice President Xi Jinping Friday gave a ringing endorsement of the resilience of the debt-ridden American economy during a second day of talks with his U.S. counterpart, Joe Biden.

U.S. stock futures signal another day of losses

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U.S. stock index futures pointed to a sharply weaker open for equities on Wall Street on Friday, a day after the Nasdaq <.IXIC> ended more than 5 percent lower and the S&P 500 <.SPX> slipped 4.5 percent on rising recession fears.
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Stock futures signal another day of losses

Stock index futures pointed to a sharply weaker open for equities on Wall Street on Friday, a day after the Nasdaq ended more than 5 percent lower and the S&P 500 slipped 4.5 percent on rising recession fears.
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Smoke rises in the city of Latakia

Obama Accuses Assad of Slaughtering Syrian People

The United States and European Union called on Syrian President Bashar al-Assad to step down on Thursday and President Barack Obama accused him of torturing and slaughtering his own people in what U.N. officials said could be crimes against humanity.
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Analysis: China steps up iron ore drive in Africa

A bold push by China into iron ore projects in Africa and elsewhere will increase its access to supply and may help moderate prices but will only slowly reduce its dependence on the three companies that dominate the market.
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From Ice Age to hyper-inflation with SocGen bear

Three months ago, with the Federal Reserve nearing the end of its second major stimulus program and inflation pressures on the rise, Albert Edwards' bond market view stood out from the crowd.
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Caterpillar sees slowdown in dealer sales growth

Caterpillar Inc said growth in dealer sales of its heavy equipment slowed in the three months ended July, particularly in North America, reinforcing concerns about the struggling U.S. economy.
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Morgan Stanley cuts global growth view, eyes ECB

The United States and euro zone are dangerously close to recession, Morgan Stanley said on Thursday, criticizing policymakers and predicting the European Central Bank will have to reverse its rates policy.
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China Mobile talking to Apple on iPhones

China Mobile said it hoped to launch Apple iPhones soon to accelerate uptake of high-end 3G services as it reported first-half profit at the top end of expectations.
Smoke rises in the city of Latakia

Obama Calls on Assad to Step Down

President Barack Obama on Thursday for the first time called on Syrian President Bashar al-Assad to step down after a brutal crackdown by Syrian forces on demonstrations against the Assad family's 41-year reign.

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