CHINA

Zhejiang Geely Holding Group, China's biggest private carmaker, said on Tuesday scale is the key to returning Volvo to profitability, but has no current plans to build the Swedish brand in China.

Zhejiang Geely Holding Group, China's biggest private carmaker, said on Tuesday that it is prepared to pump up to $900 million into the Volvo unit it is buying from Ford , as part of its plan to return the Swedish carmaker to the black.

China displayed new divisions on Tuesday over how to respond to mounting U.S. pressure to let its exchange rate rise.

Toyota Motor Corp , reeling from a recall crisis, launched a task force on Tuesday aimed at regaining consumer trust and pledged to give more clout to its regional operations to speed up decisions on quality issues.

Stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500 up 0.14 percent, Dow Jones futures up 0.08 percent and Nasdaq 100 futures up 0.24 percent by 4.01 a.m. ET.

China should allow the yuan to resume its gradual appreciation, two new advisers to the central bank said on Tuesday, as Beijing faces intense U.S. pressure to let its currency rise.

Australia's Prime Minister Kevin Rudd said on Tuesday that the verdicts in the trial of four executives of global miner Rio Tinto left serious unanswered questions for business about China's legal system.

You know, it's that reality game show in which teams compete (and argue) their way around the globe in hopes of winning a million dollars.

(Reuters) - Chronic illnesses like heart disease, cancer and depression affect Asians as much as those in Western countries and governments must draft plans to cope with long-term costs, health experts said on Monday.

Zhejiang Geely Holding Group, China's largest private-run car maker, has agreed to buy Volvo cars from Ford for $1.8 billion.

The United Auto Workers healthcare trust on Tuesday plans to auction Ford Motor Co stock warrants for at least $1.27 billion, capitalizing on the automaker's share price rise to fund its retiree plan.

China's Zhejiang Geely Holding Group has lined up total financing of $2.7 billion to back its purchase of Ford Motor's Volvo car unit, sources said on Monday.

In a significant development, BRIC nations, (Brazil, Russia, India, China) agreed to combat hunger and boost efforts to promote food security. Agriculture ministers of BRIC on Friday signed a global food security declaration here and also agreed to pool resources to combat famine that affects more than a billion people globally.

China National Textile and Apparel Council on Monday said any appreciation in the yuan will deal a heavy blow to China's powerful textile sector. In a report, China's leading textile industry association said there might be massive bankruptcies in the industry if the currency were to strengthen again.

Four Rio Tinto employees who were based in Shanghai were convicted on charges of receiving bribes and obtaining commercial secrets by Shanghai Number One Intermediate Court, Rio Tinto informed in a press release. Rio Tinto said it is unable to comment on the charge regarding obtaining commercial secrets as it has not had the opportunity to consider the evidence. That part of the trial was held in closed court and no details of the case were made public until the verdicts and sentences were annou...

Gold is glittering in China, the largest producer and second biggest consumer of the yellow metal in the world. There is a gold buying frenzy across China that the yellow metal is becoming the best investment bet in the country.

By Matt Isaacs and Reuters staffLate last autumn, a Hong Kong jury convicted four men of a conspiracy to commit bodily harm and a fifth of soliciting a murder.

Socks gained on Monday as debt-stricken Greece launched a sovereign bond issue, easing worries about its problems, while investors were hopeful about key jobs data later this week.

Wall Street was poised for a higher open on Monday as Greece launched a sovereign bond issue, easing concerns about the country's debt problems, while investors were optimistic about key jobs data later this week.

Stock index futures gained on Monday as Greece prepared to test demand for the battered country's debt and investors shifted focus to key jobs data later this week.

Li Shufu, the plain-spoken chairman of China's Zhejiang Geely Holding Group, faces a long, uphill journey to return Ford Motor's prestigious but loss-making Volvo brand to profitability.