CHINA

World stocks edged toward last week's 30-month high on Monday as China's shrinking trade surplus underscored its robust domestic demand and talk of slower-than-expected inflation eased policy tightening concerns.

Global air travelers are expected to rise to 3.3 billion in 2014, up 32 percent from 2.5 billion in 2009, fueled by strong growth in China, the International Air Transport Association said on Monday.

Japan's gross domestic product (GDP) growth rate fell 1.1 percent in the fourth quarter of 2010 on annual basis, recording its first contraction in five quarters, the Cabinet Office said on Monday.

Japan officially confirmed on Monday that it lost its rank as the world's second largest economy to China in 2010.

Asian stocks rallied on Monday, snapping five straight sessions of losses, as talk of slower-than-expected Chinese inflation helped drive Shanghai's main share index to its best level in seven weeks.

Japan's economy shrank slightly in the final quarter of 2010 but analysts expect a recovery this year as stronger exports to China and other parts of fast-growing Asia offset persistently weak domestic demand.

Nothing like a little revolution to shake up an already turbulent global economy.

Asian stocks rose on Monday as investors greeted news of Egyptian President Hosni Mubarak's resignation with relief, while U.S. crude steadied near $85.50 per barrel after falling to 10-week lows as geopolitical tensions eased for now.

China's yuan exchange rate is at an appropriate level at present, Yi Gang, a vice governor with China's central bank, said in remarks published on a website on Monday.

China's ZTE Corp aims to grow its cellphone sales 30 percent to 40 percent this year, on par with last year, while it focuses increasingly on the smartphone market, a senior official said.

Volkswagen AG (VOWG.DE), PSA Peugeot-Citroen (PEUP.PA) and other automakers will invest more than 10 billion yuan ($1.52 billion) in manufacturing capacity in China's Guangdong province this year, Chinese state media reported on Sunday.

Fertiliser and specialty chemicals maker Israel Chemicals said on Sunday it had signed contracts with several customers in China to supply a total of 500,000 tonnes of potash in the first half of 2011.

Finance ministers from the world's 20 biggest developed and developing economies (G20) are likely to agree next week on a two-stage approach to tackling global economic imbalances, a European Union document showed.

Nothing like a little revolution to shake up an already turbulent global economy.

Finance ministers from the world's 20 biggest developed and developing economies (G20) are likely to agree next week on a two-stage approach to tackling global economic imbalances, a European Union document showed.

The Chinese Cabinet has announced that it will constitute a panel to look into foreign acquisitions of local companies.

A Chinese man quoted in McAfee report on hacking from China targeted at US oil companies flip-flops on his claims.

Liu Zhijun, China's Minister of Railways, has been placed under investigation for serious disciplinary violations, according to the state-controlled Xinhua news agency

China will launch a state-level investment review body to check that merger and acquisition deals struck by foreign firms in one of the world's fastest-growing economies do not endanger national security, China's State Council, the cabinet, said on Saturday.

The United States plans to build high-speed 4G wireless services network and make it available to at least 98 percent of Americans households by 2016, President Barrack Obama said during a speech at Northern Michigan University in Marquette, Michigan.

Donald Trump Vs Sarah Palin in the race for Republican Presidential Candidates 2012 as anti-Obama the billionaire gave another sign at the CPAC that he would run for the White House.