CHINA

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Wall St jumps 2 percent on manufacturing data

Wall Street jumped on Wednesday as an increase in U.S. manufacturing activity and new signs of growth in China and Australia boosted investor confidence on the state of the global economy.

Asian factory growth outstrips two-speed Europe

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Manufacturing in China, India and Russia powered ahead in August while growth slowed in European factories, emphasising a growing divide in the pace of recovery between the rich and emerging worlds.

Retailers jump in for Carrefour SE Asia assets

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At least four retailers from Europe and Asia are poised to submit first-round bids for Carrefour SA's roughly $1 billion (650 million pounds)-worth of Southeast Asian assets on Wednesday, sources said, showing robust demand for the retail operations.
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North Korea seeks stronger ties with China

North Korea vowed to strengthen military ties with China on Wednesday, days after the North's leader Kim Jong-il finished a visit aimed at bolstering the bond with his isolated country's sole major supporter.
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Futures up as economic worries ease

Stock index futures rose on Wednesday as new signs of growth in China and Australia eased concerns about the global economy's health and investors awaited data on the labor market and housing.
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Stock futures rise as economy concerns ease

Stock index futures rose on Wednesday as new signs of growth in China and Australia eased concerns about the global economy and investors awaited data on the labor market and housing.
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Asia stocks rise on China

Asian stocks rose on Wednesday as investors cheered a manufacturing rebound in China and rosier-than-expected Australian growth, which halted the yen's advance towards a 15-year peak against the dollar.
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Panasonic says high TV sales targets sparked glut

Over-ambitious TV sales targets have left manufacturers with a glut of panels that is driving down prices as makers offload their excess output, Panasonic Corp's <6752.T> television unit head said on Tuesday.
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Retailers to submit bids for Carrefour Asia - sources

Retailers from Europe and Southeast Asia are expected to submit bids for Carrefour SA's roughly $1 billion (650 million pounds)-worth of Asian assets, with first-round offers due on Wednesday, sources said, in what is turning out to be a robust auction.
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Chinese manufacturing snaps out of slowdown

China's manufacturing economy staged a moderate rebound in August after slowing for several months under the onslaught of government measures to rein in credit and deter property speculation.
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Asia stocks rise on China manufacturing rebound

Asian stocks rose on Wednesday as investors cheered a manufacturing rebound in China and rosier-than-expected Australian growth, which halted the yen's advance toward a 15-year peak against the dollar.
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Asia stocks gain as yen nears 15-year high

Asian stocks rose on Wednesday as investors cheered a manufacturing rebound in China and stronger-than-expected growth in Australia, while the yen inched up towards a 15-year peak against the dollar.
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China manufacturing picks up, India going strong

China's manufacturing sector regained some momentum in August while India and Russia continued to power ahead, cheering investors in the face of signs that sputtering U.S. recovery was cooling global demand.
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Saskatchewan concerned about China Potash Corp buy

The Canadian province of Saskatchewan, home of takeover target Potash Corp , would have lots of concerns about a Chinese sovereign fund or state-owned company buying part or all of the company, Energy Minister Bill Boyd said on Tuesday.
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Magna's Stronach deal paves way for growth

With Magna International's $1 billion buyout of founder Frank Stronach now a done deal, the auto parts maker will now shift its focus to a more aggressive expansion in emerging markets.
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U.S. turns down China currency probes in two cases

The U.S. Commerce Department decided on Tuesday not to investigate whether China subsidizes exports to the United States by undervaluing its currency, prompting renewed calls for Congress to act on the issue.
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U.S. turns down currency probes in two China cases

The U.S. Commerce Department said on Tuesday it did not have sufficient legal grounds to investigate if China's currency practices effectively subsidize its exports in separate trade cases brought by U.S. aluminum and paper producers.
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Health experts warn of 'stem cell tourism' dangers

Thousands of people are putting their health and life savings at risk to travel to private clinics around the world for unproven and potentially dangerous stem cell treatments, British experts said on Tuesday.
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GM expects competitive Chevy Volt pricing in China

General Motors expects competitive pricing for its electric Chevrolet Volt in China as it hopes to gain a foothold in China's fledgling environmentally friendly car industry with the highly anticipated car.

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