CHINA

China urged European authorities to back their tough talk with action on Tuesday by showing they can contain the euro zone's simmering debt problems and pull the bloc out of its crisis soon.

Revenue from Toshiba Corp's <6502.T> nuclear power plant business may reach 1 trillion yen ($12 billion) in the next three years, ahead of schedule, the Japanese industrial conglomerate said on Tuesday.

(Corrects third paragraph to state that the source of the information in the paragraph is the Nikkei newspaper, not the company spokesman; moves company spokesman's name to second paragraph)

Ben Bernanke and his friends on the Federal Reserve have a PR machine to help sell their lies. Let's assess whether Ben and his Federal Reserve have helped or hurt the average American.

Venezuela's parliament approved tighter regulation of the Internet on Monday in the latest of a package of laws to entrench President Hugo Chavez's socialist revolution before a new Assembly is sworn-in next month.

Toshiba Corp <6502.T> may log 1 trillion yen ($11.94 billion) in sales from its nuclear power business by fiscal 2013, instead of fiscal 2015, due to a growing demand in emerging markets and the United States, its President Norio Sasaki told The Nikkei in an interview.

New York-traded shares of China Eastern Airlines plunged 4.42 percent and those of China Southern Airlines plunged 2.47 percent in morning trading on tensions between North and South Korea.

The world's largest exchange traded gold fund - the New York, Tokyo, Hong Kong and Singapore-listed SPDR Gold Trust - added 15 tonnes to its holdings on Friday, the largest one-day addition since the height of the Greek deficit crisis in May.

Japan's Sharp Corp. plans to expand its smartphone LCD panel production capacity spurred by Apple's plan to buy a major chunk of the LCD screens for its iPhone.

Mark Zuckerberg, chief executive of social networking site Facebook on Monday toured the offices of China's top search engine Baidu sparking off speculation that he is looking for opportunities in the world’s most populous country and the largest Internet market.

After being crowned Time Person of the Year Facebook CEO Mark Zuckerberg is in China and is reported to have visited China's top search engine, Baidu's office.

China would invest about $20 billion in Pakistan in the next 3 years, according to a communiqué issued by the two countries on Sunday.

The South Korean military has begun live-firing exercises on Yeonpyeong Island, the country's defense ministry announced on Monday. Local residents were ordered to move into air raid bunkers ahead of the drills. The move comes at the time of heightened tensions in the region and constant threats of retaliation from the North.

Apple’s iPhone has been widening US trade deficit with China even though it is entirely designed and owned by an American company, says a study.

French police have broken up a Marseille-based international doping ring thought to be the biggest in Europe, the government said on Saturday.

Fox TV and Will Smith production house in talks to make a crime thriller based in China

The President of Sudan Omar al-Bashir stashed away as much as $9-billion of his nation's in foreign bank accounts, according to US diplomatic cables leaked to WikiLeaks.

(Corrects company name and details of funds under management in 5th paragraph)

Emerging markets, the consensus trade for 2011, look set for further heavy inflows of investment dollars, raising questions over how much more new money they can comfortably absorb without igniting an asset bubble.

A federal jury has found two former engineers of Wyko Tire Technology Inc., guilty of stealing trade secrets from the Goodyear Tire and Rubber Company.

Brazil’s unemployment rate fell to a record low in November as the country is set to witness the fastest growth in more than two decades.