CHINA

In 1999, a US high-tech stealth fighter jet was drowned by a vintage SA-3 missile shot by a Siberian air-force commander named Col. Zoltan Dani.

China’s economy is estimated to grow at 9.8 percent in 2011, with inflation likely to reach 3.7 percent.

A recent PhD graduate has launched an online business to sell academic papers, charging between 10 to 20 thousand yuan for each paper.

Coda Automotive Inc., an electric car company based in Santa Monica, California, has named industry veteran and former executive of GM China, Phil Murtaugh, as its new CEO.

Toyota Motor Corp <7203.T> kept its spot at the top of the global sales ranking in 2010, outselling General Motors Co by less than 30,000 units as the U.S. rival achieved faster growth in the world's two biggest markets.

Rio Tinto's $3.9 billion bid for Africa-focused coal miner Riversdale gained steam on Monday after a representative of Riversdale's top shareholder Tata Steel backed the offer.

Asian stocks outside Japan struggled to hold on to early gains on Monday, as investors remained wary before a slew of corporate earnings and a Fed meeting this week expected to give a cautious readout on the health of the world's biggest economy.

China's Guo Jingjing, the most successful female athlete in Olympic diving, has decided to retire, local media reported on Sunday.

Industrial and Commercial Bank of China, the world's top lender by market value, will pay about $140 million for 80 percent of Bank of East Asia's U.S. unit, the two companies said on Sunday.

China's Li Na continued her love affair with Melbourne Park, powering past eighth seed Victoria Azarenka 6-3 6-3 to book a spot in the quarter-finals of the Australian Open on Sunday.

Spain's Telefonica and No. 2 Chinese mobile operator China Unicom will deepen their strategic alliance by buying an additional $500 million stake in each other, the Spanish company said on Sunday.

Swiss bank UBS AG's Global Asset Management unit is very upbeat on the Middle East and is also a bit more bullish on opportunities in Europe than others, its head said on Sunday.

China's gross domestic product is expected to grow 9.8 percent in 2011, with inflation likely to stand at around 3.7 percent for the year, the official China News Service said, citing a government think tank.

The Iranian nuclear issue cannot be resolved in just one or two discussions, a senior Chinese diplomat said on Sunday, a day after a high-level meeting aimed at addressing Tehran's nuclear plans ended in disappointment.

Looks like one company has had enough of the rare earth shortages.

President Nicolas Sarkozy will spell out his plans for reforming the international monetary system and curbing volatility in food and fuel prices on Monday in a keynote speech on France's year-long G20 presidency.

Start-up Iway Mobile and Cellcom, Israel's largest mobile phone operator, launched on Sunday a communications, Internet and entertainment system for the automobile.

A lawyer for one of the three Renault executives fired on suspicion of industrial espionage called on Renault Chief Executive Carlos Ghosn to make public on Sunday what proof he has against his client.

The United Nation World Tourism Organization (UNWTO) predicts, China would become world’s largest destination in the next five to seven years, thanks to the country’s diverse culture, heritage sites, and culinary art that has a strong hold on tourists.

World powers failed to prise any change from Iran in two days of talks on its nuclear program, with the EU and United States calling the discussions disappointing and saying no further meetings were planned.

Chinese President Hu Jintao headed home on Friday after a U.S. visit both sides declared a success, but which left questions over how the world's top two economic powers will manage future frictions.