CHINA

Prada point to rising profits ahead of HK IPO

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Italian fashion house Prada, which is preparing for an initial public offering of about $2 billion in Hong Kong, said its net profit more than doubled in 2010 and it expects further gains in the current half year.
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Cybersecurity becoming U.S. diplomatic priority

Cyber security is now a diplomatic priority for the United States with Washington looking to build relationships to tackle information theft and reduce the risk of conflict, a senior official said.
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China PLA officers call Internet key battleground

China must make mastering cyber-warfare a military priority as the Internet becomes the crucial battleground for opinion and intelligence, two military officers said on Friday, two days after Google revealed hacking attacks that it said came from China.
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Prada to focus on store expansion with Hong Kong IPO

Italian fashion house Prada plans to use most of the proceeds from its Hong Kong initial public offering on expansion and renovation of its stores over the next 18 months as the company bets on increasing demand for luxury products in China and the rest of Asia.
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Why China Might Be Hacking and Lying

China has struck back fiercely against allegations that it’s engaged in hacking. Through its state-run media, it denies targeting the Gmail accounts of US government officials, US military personnel, and Chinese political activists.
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China factory town shudders at rising costs

In this wealthy eastern Chinese city known for its shrewd merchants, the owner of a factory that makes spectacles faces a difficult task: closing his money-losing business and dismissing his workers.
America mulls independent web access for dissidents in repressive regimes

Clinton: Assad legitimacy 'nearly run out'

Syria's military forces continued their crackdown against anti-government protests on Thursday, shelling southern and central towns as Secretary of State Hillary Clinton warned President Bashar al-Assad that his legitimacy had nearly run out.
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U.S. calls Google China allegation very serious

Washington scrambled on Thursday to assess whether security had been compromised after Google Inc revealed a major hacker attack targeting U.S. officials that the Internet giant pegged to China.
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U.S. probes Google's serious China hacking allegation

Google Inc's allegations that hackers, probably from China, sought to access the Gmail accounts of senior U.S. officials are very serious and the U.S. government is investigating them, Secretary of State Hillary Clinton said on Thursday.
Women walk past the logo of Google in front of its former headquarters in Beijing

U.S. probes China hacking allegations

The U.S. government is investigating the very serious allegations from Google Inc. that hackers, probably from China, sought to access the Gmail accounts of senior U.S. officials, Secretary of State Hillary Clinton said on Thursday.
Li Na of China reacts after defeating Maria Sharapova of Russia during their semi-final match at the French Open tennis tournament at the Roland Garros stadium in Paris.

Schiavone Vs Li Na in French Open Final

Defending French Open Women's Champion Francesca Schiavone will face China's Li Na in the final at Roland Garros after both overcame their semifinal opponents.

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