CHINA

US stocks ended higher on Friday as sentiment was buoyed after Libya announced a cease-fire and the Group of Seven (G-7) Finance ministers agreed to intervene in the markets to stabilize the Japanese yen.

There was intense speculation on Monday about the whereabouts of Libyan leader Colonel Muammar Gaddafi after allied forces bombed his compound Sunday night, an action reminiscent of the 1986 attack by the U.S. on Gaddafi's compound in which his daughter was killed.

Oil prices jumped more than 2 percent to top $116 a barrel on Monday as Western forces launched air strikes on Libya, while Asian shares advanced on bargain hunting in the wake of heavy losses last week.

Asian shares advanced on Monday as market players scooped up beaten-down stocks after heavy losses last week, while oil prices jumped more than $2 as Western forces struck targets in Libya.

China will likely post another trade deficit in March as imports continue to surge, following a an unexpected deficit last month, Commerce Minister Chen Deming was quoted by the China Daily as saying on Sunday.

Billionaire investor Warren Buffett said on Monday that he was looking at more acquisition targets after a $9 billion buy of U.S. specialty chemical maker Lubrizol by his Berkshire Hathaway last week.

U.S. stocks climbed higher Friday, as fears of increased violence in Libya ebbed and currency interventions helped to relieve investor worries over Japan's economy.

French Industry Minister Eric Besson said on Sunday he did not want to destabilize carmaker Renault when asked if chief executive Carlos Ghosn should step down over a now debunked espionage scandal.

In response to airstrikes on his country by a coalition of western nations, Col. Moammar Gaddafi has threatened that Libya will fight a long war.

Oil prices may rise again on Monday as traders ratchet up the risk premium for crude after Western forces bombed Libya's air defenses in a United Nations-backed intervention against Libyan leader Muammar Gaddafi.

The Japanese government plans to inject public funds into banks in areas ravaged by the March 11 earthquake and tsunami to make sure that businesses in the area can get credit to rebuild their operations, The Nikkei newspaper said in its Sunday edition.

UN-sanctioned aerial and naval attacks on Libyan air defense and ground forces at the weekend are likely to see oil prices vault higher this week, overcoming demand-side jitters stemming from Japan's earthquake and Chinese monetary tightening.

Solar greenhouses, which have played a vital role in China's agricultural scene for years, may solve issues such as global energy crisis and climate change, according to a new report.

Former U.S. Secretary of State Warren M. Christopher has died, his law firm said on Saturday. His long career as a lawyer and diplomat included a leadership role in promoting peace in the Balkans. He was 85.

IBM has agreed to pay $10 million to settle a complaint its employees tried to bribe South Korean and Chinese officials with cash, gifts and entertainment in return for business for more than a decade.

Samsung SDI Co Ltd <006400.KS> has agreed to plead guilty and pay a $32 million criminal fine for its role in a scheme to fix prices of color display tubes, the U.S. Justice Department said on Friday.

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German Chancellor Angela Merkel said on Friday that Germany may take on additional tasks in the war in Afghanistan to make up for NATO members' involvement in possible attacks on Libya after a UN vote yesterday approved a possible no-fly zone.

France called for clear signals on job protection after U.S. group General Mills Inc entered into exclusive talks to buy half of cherished yoghurt brand Yoplait.

Top network equipment maker Cisco Systems Inc plans to pay a dividend for the first time, helping appease investors' concerns about slowing growth by returning more of its ample cash hoard.

Microsoft and federal agents took down Rustock, a botnet responsible at its peak for nearly half of the world's spam.