CHINA

Customers at an Apple Store in the Chinese city of Kunming berated staff and demanded refunds on Friday after the shop was revealed to be an elaborate fake, sparking a media and Internet frenzy.

An American blogger who stumbled upon a near flawless fake Apple Store in China has become an Internet sensation after her post went viral and triggered a feisty debate about piracy in the world's second largest economy.

So strong is the appeal of the Apple brand in China, some Chinese are willing to sell a kidney to pay for its gadgets.

Clinton and other Asian government officials are meeting at a summit on the island of Bali to address a number of regional issues.

GE's stock opened in positive territory Friday after the company beat Wall Street's expectations in second quarter earnings. GE was upbeat about the future, including the latter half of 2011 and into 2012.

A fake Apple Store was found in the Chinese city of Kunming by American blogger BirdAbroad. Even the staff of the store had no idea it was a fake.

A fake Apple store in China, made famous by a blog that said even the staff working there didn't realize it was a bogus outlet, is probably the most audacious example to date of the risks Western companies face in the booming Chinese market.

POSCO <005490.KS>, the world's No.3 steelmaker, warned of weakening demand growth and persistently high input costs in the second half, after posting a 17 percent fall in quarterly operating profit.

So strong is the appeal of the Apple brand in China, some Chinese are willing to sell a kidney to pay for its gadgets.

POSCO <005490.KS>, the world's No.3 steelmaker, met market expectations with a 17 percent fall in quarterly operating profit on Friday, hurt by firm raw material costs and cheaper products from Japanese rivals after the March 11 earthquake.

Good demand for Volvo's trucks in the face of macroeconomic uncertainty led to record second-quarter operating profit and boosted its shares on Friday.

Volvo stuck to its forecast for 2011 truck market sales and cut its outlook for the market for construction equipment due to a softer China, when reporting second-quarter earnings that met expectations.

Asian stocks rose and the euro climbed to a two-week high on Friday after European leaders agreed on a package to rescue debt-stricken Greece and gains will be sustained if U.S. policymakers also manage to cobble together a last minute deal.

India is nearing the end of its credit tightening cycle, as 10 interest rate increases since March 2010 exact a toll on growth in a once-roaring economy, making Tuesday's expected rate rise potentially the last for the near future.

Japan's major consumer electronics makers are expected to show April-June earnings collapsed due to the March earthquake, but focus is turning to whether they can meet their forecasts for a swift recovery, given a fragile global economy.

Who is Wendi Deng? Wendi Deng Murdoch is Rupert Murdoch's wife.

Chinese counterfeiters have had a field day pumping out knockoffs of Apple Inc's best-selling iPhones and iPads, but one appears to have gone a step further -- a near flawless fake Apple Store that even employees believe is the real deal.

The United States owes $14.3 trillion, but to whom?

Wendi Deng Murdoch became an international sensation on Tuesday when she acted as a human shield between her husband, Rupert Murdoch, and a shaving cream pie thrown by a protestor at Murdoch's parliamentary hearing.With lighting-fast reflexes, Wendi leapt out of her chair and slapped away Rupert's would-be attacker.The hearing - which the media mogul called the most humbling day of his career - probed the hacking scandal at News Corp, Rupert's publishing empire...

Nepal is set to re-measure the height of the world's tallest peak, Mount Everest, to settle a longstanding dispute with neighboring China.

Upon first glance, it looks like every other Apple store should. But to the trained eye of an American blogger living in Kunming City, China, it was clearly an impostor.