CHINA

SEC on lookout for bubble-era IPO practices

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Some recent red-hot initial public offerings have the Securities and Exchange Commission concerned that Wall Street's underwriters may be tempted to revive some troubling tech bubble practices.

France's Lagarde elected new IMF chief

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French Finance Minister Christine Lagarde on Tuesday was elected the managing director of the International Monetary Fund, maintaining Europe's grasp on the top job at global lender.
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China's Youku signs video deal with Warner Bros

China's Youku Inc has agreed with Warner Bros. Entertainment's local joint venture to offer pay per view movies on its newly launched online paid content platform, Youku said on Tuesday.
Volkswagen to Build Two New Plants in China

Volkswagen to build two new factories in China

Volkswagen continues its quest to become the world's largest automaker with announcement of two new plants in China. The factories will each have the capacity to produce 300,000 vehicles annually. One will be in the eastern part of the country and one will southern China.
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U.S.-India seek financial revamp

Talks to modernize India's financial sector and allow major retailers like Wal-Mart into the country's vast consumer market opened on Tuesday between top U.S. and Indian financial officials.
China's Premier Wen gestures as he addresses a news conference with German Chancellor Merkel at the Chancellery in Berlin

China and Germany Sign Huge Trade Deals

On the final stop of a five-day visit to Europe, the Prime Minister of China Wen Jiabao has signed a huge multi-billion euro trading agreement with Germany.
Geithner backs Lagarde as next IMF boss.

US Backs Lagarde As Next IMF Chief

The United States has officially declared its endorsement of France’s finance minister Christine Lagarde to be the next chief of the International Monetary Fund (IMF), virtually guaranteeing she will becomes its boss when its board meets next week.
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Lagarde set to win IMF post as U.S. offers support

The United States formally offered its backing on Tuesday for French Finance Minister Christine Lagarde to take over the top job at the International Monetary Fund, ensuring a win for her over Mexico's Central Bank Governor Agustin Carstens.
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Europe's Lagarde set to win top IMF job

French Finance Minister Christine Lagarde looks set to emerge on Tuesday as the International Monetary Fund's new chief, maintaining the tradition of a European heading the global lender.
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Honda CFO says profit forecast not conservative

Honda Motor Co's <7267.T> annual operating profit forecast is not conservative, given the yen's strength and soaring raw materials prices, the automaker's chief financial officer said on Tuesday.
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StanChart keeps lid on costs, heads for record profit

Staff cuts coupled with growth in Hong Kong and other key Asian markets have put Standard Chartered Plc <2888.HK> on track for record profits in the first half of this year, up over 10 percent on a year earlier.
Apple to Launch Faster iPhone in September

Just one iPhone 5 coming in September

The anticipation for Apple's next generation iPhone 5 -- or in some circles, the iPhone 4s -- has exploded beyond a frenzy and reached more of a mania, with some observers not only predicting one phone, but two.
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Airbus set for multi-billion China order: sources

China could order dozens of Airbus jetliners during a visit by Premier Wen Jiabao to Berlin according to sources, but the deals are clouded by a spat between Beijing and Europe over aviation carbon tariffs.

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