CHINA

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Global climate battle plays out in World Bank

The United States and Britain are threatening to withhold support for a $3.75 billion World Bank loan for a coal-fired plant in South Africa, expanding the battleground in the global debate over who should pay for clean energy.

China seen opening soon to U.S. pork: report

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Pork producers attending their annual meeting here are looking for China to be the next major market to open fully to U.S. pork following word this week that certificate problems with Russia have been solved and exports could start soon to that country.
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Oil hits seven-week high above $82 on jobs report

Oil rose to a seven-week high above $82 a barrel on Friday after a report showed the United States lost fewer jobs than expected in February and on signals China will maintain its economic stimulus measures.
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Prudential may exit some Asia markets post-AIA buy

Britain's Prudential Plc may quit some countries in Asia should it seal a $35.5 billion buy of American International Group's AIA, sources directly involved with the deal said on Friday, allowing the bulked-up insurer to focus on key markets.
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China's Wen says seeks peace, trade deal with Taiwan

China said on Friday it wants to sign a broad economic agreement with Taiwan, which would slash import tariffs and open the banking sector, as part of a drive to promote peaceful ties with the self-ruled island.
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Oil rises towards $81; China signals stimulus

Crude climbed toward $81 a barrel on Friday, approaching a seven-week high, after signals China will maintain its economic stimulus measures boosted hopes strong growth will help drain excess oil supplies.
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China tightens belt but keeps eye on social rifts

China will seek to heal social rifts and spur home-driven growth with more public welfare and rural spending even as the government tightens its belt after a burst of feverish spending, Premier Wen Jiabao said on Friday.
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FBI director warns of growing cyber threat

Militant groups, foreign states and criminal organizations pose a growing threat to U.S. security as they target government and private computer networks, FBI Director Robert Mueller said on Thursday.
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Beijing says working with Google to resolve dispute

China is in consultations with technology giant Google to resolve its dispute with the company, which has threatened to abandon the Chinese market over hacking and censorship concerns, said a Chinese official on Friday.
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Microsoft COO sees gradual recovery

Microsoft is still seeing a lot of interest in its Windows 7 computer software launched last year and a new budget cycle will help a gradual recovery in business spending, its chief operating officer said.
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N. Korea leader plans mid-March China visit - Kyodo

Reclusive North Korean leader Kim Jong-il plans to visit China in mid-March, Kyodo news agency said on Thursday, as Washington sees signs that Pyongyang may end a year-long boycott of international nuclear disarmament talks.
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Google China hackers stole source code - researcher

The hackers behind the attacks on Google Inc and dozens of other companies operating in China stole valuable computer source code by breaking into the personal computers of employees with privileged access, a security firm said on Wednesday.
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Asian shares fall on Greece, global outlook

Asian shares failed to hold on to their early gains, slipping into negative territory as worries about Greece and the outlook for the global economy made investors cautious.
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Iran may face new round of U.N. sanctions

The United States, France and other Western powers are preparing a plan for a fourth round of U.N. sanctions against Iran over its nuclear program and hope to persuade Russia and China to back it.
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Clinton fails to win over Brazil on Iran

U.S. Secretary of State Hillary Clinton failed to win Brazil's support on Wednesday for more sanctions against Iran and said Tehran would not talk seriously about its nuclear program until the United Nations took new action.
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Nearly 90pct of all emails are spam

The number of spam messages being sent globally is reaching new heights, with nearly 90 percent of all emails sent last month being illegitimate.

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