CHINA

The U.S. dollar rose, commodity prices dropped and stocks fell on Friday after the Federal Reserve unexpectedly lifted an emergency lending rate for the first time since the financial crisis.

The U.S. dollar rose broadly, commodity prices dropped and stocks fell on Friday after the Federal Reserve stunned markets by lifting an emergency lending rate for the first time since the financial crisis.

The U.S. dollar rose broadly, commodity prices dropped and stocks fell on Friday after the Federal Reserve stunned markets by lifting an emergency lending rate for the first time since the financial crisis.

Recent cyber attacks on Google and other American corporations have been traced to a top Chinese university as well as a school with ties to the Chinese military, the New York Times reported on Thursday, citing people involved in the investigation.

The Aussie dollar drifted lower in Asia yesterday pulling back from its opening levels near 90 cents before finding some support around 0.8950.

President Barack Obama hosted exiled Tibetan spiritual leader the Dalai Lama at the White House on Thursday, drawing an angry reaction from China and risking further damage to strained Sino-U.S. ties.

Fan Wenbao swears he is not in the business of speculating on property. Already the owner of one home in Xinyang, a grimy city in the poor central province of Henan, he bought two more there last year.

U.S. President Barack Obama meets Tibetan spiritual leader the Dalai Lama on Thursday, a move that has been denounced by China.

Ties between China and the United States will be tested this year by many issues: currency, trade, Internet censorship, human rights, U.S. arms sales to Taiwan and President Barack Obama's meeting on Thursday with the Dalai Lama.

China's No. 2 telecoms carrier China Unicom on Thursday denied any involvement in a $2.5 billion bid for Nigeria's former state telecoms monopoly.

Uncertainty is growing over the future of the Kyoto Protocol, the first legally binding treaty to cut greenhouse gases blamed for heating up the planet.

Efforts to extend the Kyoto climate pact framework risk collapse in a setback to years of diplomatic bargains, as chances fade that the United States will join other rich nations in capping emissions.

U.S. President Barack Obama will host the Dalai Lama at the White House on Thursday despite China's warning that the meeting with the exiled Tibetan spiritual leader could further damage strained ties.

Britain's 19-year-old women's curling captain led her team to a victory over world champions China on Wednesday, setting up a same-day showdown with Sweden, the defending Olympic gold medalists.

H.J. Heinz Co raised its 2010 earnings forecast, helped by strength in emerging markets, while U.S. foodmaker Campbell Soup Co cut its sales forecast as frugal U.S. consumers shunned ready-to-eat soup.

Hewlett-Packard Co posted better-than-expected results on strong server and personal computer sales and a resurgence in its printing business, and the company raised its full-year outlook.

Hewlett-Packard Co posted better-than-expected results on strong server and personal computer sales and a resurgence in its printing business, and the company raised its full-year outlook.

Stronger-than-expected corporate results and upbeat economic data drove U.S. stocks higher on Wednesday as they fed expectations the recovery will bolster corporate profits.

Beijing is likely to let its currency begin rising in value again this year in response to growing pressures at home and abroad, two U.S. private sector specialists on China said on Wednesday.

The massive manufacturing complex in the South China city of Longhua resembles an industrial fortress. To enter the facility, workers swipe security cards at the gate. Guards check the occupants of each vehicle with fingerprint recognition scanners.

The U.S. aircraft carrier USS Nimitz sailed into Hong Kong on schedule on Wednesday despite a Chinese pledge to suspend military exchanges with the United States after its announced arms sales to Taiwan.