CHINA

Russia, China edge closer to strategic gas deal

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Russia edged closer on Thursday to an elusive 30-year gas supply deal with China that could be worth up to $1 trillion to help power Beijing's booming economy and allow Moscow to diversify its exports away from Europe.
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IMF contender Carstens chides Europe's grip on fund

Mexican Central Bank Governor and IMF-contender Agustin Carstens rebuked his European counterparts on Thursday for reneging on their promise to back a non-European to head the fund and vowed to give emerging powers more say if elected.
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HSBC, Citi given nod to underwrite China corporate debt

The China units of HSBC Holdings and Citigroup Inc have won initial approval to underwrite corporate debt in China, paving the way for them to be the first foreign banks to win the coveted licenses, sources told Reuters on Thursday.
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Stock index futures signal dip

Stock index futures pointed to a lower open on Wall Street on Thursday following the previous session's sharp losses, with futures for the S&P 500 down 0.21 percent and Dow Jones futures down 0.24 percent, while Nasdaq 100 futures were up 0.08 percent at 0941 GMT (5:41 a.m. ET).
A heavy machine gun on a rebel fighter's vehicle is pictured against the moon during a total lunar eclipse in Benghazi

June 15 Lunar Eclipse: the historical blood moon stars worldwide [PHOTOS]

The most beautiful and the longest in a decade lunar eclipse on Thursday stared in the sky and turned the moon bloody gathering eyes of around the world. This total lunar eclipse is the first one in 2011, lasting 100 minutes. People in Israel, Pakistan, Brazil, Italy, China, Gaza, Serbia, Australia, Singapore, India were among the lucky dogs to watch the beautiful lunar eclipse. The people in the UK and other countries out og North America also witnessed the rare moment.
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Alibaba splits Taobao into 3 firms

Alibaba Group said on Thursday it has reorganized Taobao, China's largest e-commerce website, into three separate companies to better capture opportunities in the industry.
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Pandora shares soar in market debut

Pandora Media Inc opened 25 percent above its $16 IPO price per share in its stock market debut on Wednesday as investors flocked to get a piece of the latest Internet start up, even though it has yet to turn a profit.
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Euro again under pressure in Asia

The euro came under fresh pressure in Asia on Wednesday as worry about euro zone debt intensified, prompting a move away from riskier assets which helped gold extend gains.
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-Euro again under pressure in Asia

The euro came under fresh pressure in Asia on Wednesday as worry about euro zone debt intensified, prompting a move away from riskier assets which helped gold extend gains.
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Malaysia braces for threatened cyber attack

Malaysia has beefed up security ahead of a threatened hacking attack of its official government website by internet vigilante group Anonymous for government acts of censorship and will track down the activists, the police chief said on Wednesday.

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