CHINA

Bank of America Corp is keen to expand in China, Chief Executive Brian Moynihan said on Wednesday.

General Motors Wednesday unveiled a new concept car that it hopes will solidify its position in electric vehicles, not least in China, the world's biggest auto market.

The euro plumbed record lows on Wednesday as investors remained skeptical about a solution for Greece's fiscal woes, while Asian stocks tracked Wall Street's rally overnight to push toward two-month highs.

Wynn Macau on Wednesday posted a 77.6 percent jump in second-half earnings, as more Chinese gamblers placed their bets in the Macau operations of Las Vegas casino operator Wynn Resorts , thanks to soaring economic growth.

German car and truck maker Daimler AG was charged on Tuesday with violating U.S. bribery laws by showering foreign officials with millions of dollars and gifts of luxury cars to win business deals.

The United States on Tuesday said Google's action to shut its mainland Chinese-language portal was a business decision by the company that did not involve the U.S. government.

U.S. stocks advanced on Tuesday on gains in the industrial and technology sectors and after U.S. existing homes sales fell less than expected in February.

World's second largest oil consumer, China imported 18.51 million tons of crude oil in February this year, according to General Administration of Customs of China. In a statement issued here, GAC said this was equal to 4.8 million barrels per day and is up 59.6 percent year on year.

Former heads of Sprint Nextel Corp and RadioShack Corp have launched a company aimed at refurbishing or recycling the estimated 65,000 metric tons of old cellphones U.S. consumers ditch every year and named Sprint as its first customer.

Facebook, Twitter and YouTube are out, but in China's vast and bewildering online universe you can freely read the New York Times or visit a favorite porn site.

Google shut its mainland Chinese-language portal and began rerouting searches to its Hong Kong site, unleashing Beijing's ire and prompting worry over its prospects in China.

China will probably run a trade deficit of more than $8 billion in March, state media said on Tuesday, citing Premier Wen Jiabao.

Four Rio Tinto executives faced charges of stealing commercial secrets in China on Tuesday after pleading guilty to taking bribes in a trial that has thrown a spotlight on the country's opaque business practices.

Asian shares rose on Tuesday and edged back toward a two-month peak hit last week, supported by investor expectations of an ongoing recovery in the world economy, and as tech stocks drew support from gains in U.S. peers.

Four Rio Tinto executives, including Australian Stern Hu, face charges of stealing commercial secrets in a Shanghai court on Tuesday after admitting to bribes in iron ore negotiations with China.

Google Inc closed its China-based search service and began redirecting Web searchers to an uncensored portal in Hong Kong, drawing harsh comments from Beijing that raised doubts about the company's future in the world's largest Internet market.

China said on Tuesday that Google Inc had violated a written promise and was totally wrong to end censorship of its Chinese-language search portal, signaling a tough line over the Internet dispute.

Google Inc moved its China Internet search service to Hong Kong in a bid to resolve its dispute with Beijing over censored search results while keeping a foot in the world's largest Internet market.

Four Rio Tinto executives on trial in China, including Australian Stern Hu, pleaded guilty to taking bribes, while contesting the amounts, lawyers at the hearing said on Monday.

Several senators have formed a caucus to promote online freedom in Iran, China and other countries as the Obama administration pushes for greater access to an unfettered Internet.

Kimberly-Clark Corp backed its fiscal 2010 profit forecast and said it would spend more to market new products to reignite sales of goods ranging from toilet paper to tampons.