CHINA

Canada-listed coal miner SouthGobi Energy Resources has secured Asia's top sovereign wealth funds, China Investment Corp (CIC) and Temasek, as cornerstone investors in its planned $400 million Hong Kong IPO this month, a source told Reuters on Friday.

China Investment Corp, a $300 billion wealth fund, may be weighing up a bid for state-owned Chinalco's stake in mining giant Rio Tinto in what would be its boldest move yet into natural resources.

Now that Geely Automotive has won the bidding for Sweden's Volvo car unit, China's No. 1 private auto maker is making plans to set up a local production base, according to sources familiar with the company.

Japanese stocks hit a 15-month high on Friday as the yen eased against the dollar, leading most Asian markets higher, but Chinese shares and commodities stumbled on fears that Beijing is ready to tighten policy to cool economic growth.

Japanese stocks hit a 15-month high on Friday as the yen eased against the dollar, leading Asian shares higher, while gold and oil prices fell amid lingering concerns over possible central bank policy tightening in China.

Sony Corp said U.S. electronics sales are looking positive after the holiday season, even as the strong yen handicaps the Japanese conglomerate against South Korean and Chinese rivals.

Senior U.S. Federal Reserve officials placed different emphasis on inflation risks on Thursday, with one warning failure to withdraw support policies soon enough could trigger inflation while another played down such risks.

General Motors Co said on Thursday it will seek to sell its Nexteer Automotive business -- the steering unit the U.S. automaker took back from former parts subsidiary Delphi Corp last year.

Here's a prediction for 2010: Another wild ride in the stock and bond markets, in real estate and in interest rates. The economists and analysts are all over the place when it comes to this year, leaving individual investors on their own to prepare for anything and everything.

Global investment in low-carbon energy dipped in 2009 after five years of annual increases fueled by a political response to climate change and high oil prices, a report found on Thursday.

Chinese people who live in government-sponsored housing in a prosperous southern province may be evicted if caught repeatedly spitting in public, according to a draft plan.

The number of U.S. workers filing new jobless claims edged up by a slim 1,000 last week and a gauge of underlying labor market trends hit a nearly 16-month low, evidence the job market continues to heal.

The number of U.S. workers filing new jobless claims edged up by a slim 1,000 last week and a gauge of underlying labor market trends hit a nearly 16-month low, evidence the job market continues to heal.

The rubbish dump outside the Thai town of Mae Sot steams with rancid rotting fish and other debris, a squalid haven for hundreds of refugees from Myanmar that aid groups say could swell in size this year.

The world's leading steelmakers Arcelor Mittal (ISPA.AS) and POSCO (005490.KS) have plans for $14 billion of new investment in India, despite a history of delays in their existing projects.

Worldwide venture capital investment in green technology companies fell 33 percent in 2009 to $5.6 billion during the global financial turmoil, according to a survey by Cleantech Group and Deloitte.

China Investment Corp (CIC), a $300 billion wealth fund, may be weighing up a bid for state-owned Chinalco's stake in mining giant Rio Tinto (RIO.AX) in what would be its boldest move yet into natural resources.

Stocks were down on Thursday alongside weak global markets as the U.S. dollar strengthened after the government reported a slight increase in initial jobless claims.

Future hazy as Google makes waves; China sued over Internet filter; Fed sees jobs turnaround

China's central bank surprised markets on Thursday by raising the interest rate on its three-month bills for the first time since August, intensifying its grip on liquidity a day after it promised to keep credit growth in check.

A U.S. software maker is suing China, several major PC makers and two Chinese software makers for $2.2 billion, accusing them of using stolen code in controversial Web filtering software that drew global criticism last year.