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U.S. says no new incentives for North Korea talks

The United States believes North Korea may be ready to resume talks on its nuclear program but will not offer any new inducements to get Pyongyang back to the negotiating table, a senior U.S. official said on Monday.

Developers baffled by Chinese wind farm rejections

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Project developers are baffled by a U.N. climate panel's decision to block 10 Chinese wind farms from receiving carbon financing, saying the move could slash investment in Chinese wind and other forms of clean energy.
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Group to start project to cut indoor fuel burning

An advocacy group on lung health plans to work with health authorities in 12 countries from 2010 to reduce indoor fuel burning, which causes respiratory diseases and lung cancer and kills 2 million people a year.
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Shanghai exchange approves global ETFs: report

The Shanghai Stock Exchange has approved the development of global exchange-traded funds by Chinese fund houses to track six overseas indexes including the Dow Jones industrial average , the Shanghai Securities News reported on Monday, citing Xu Ming, vice general manager of the exchange.
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U.N. talks on climate turning point set to start

U.N. talks billed as a turning point in a bid to slow global warming open on Monday seeking to agree curbs on greenhouse gas emissions and raise billions of dollars for the poor in aid and clean technology.
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Obama surprises with Copenhagen summit decision

U.S. President Barack Obama will attend the end of the Copenhagen climate change summit, a late change of plan the White House attributed on Friday to growing momentum toward a new global accord.
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No winners if yuan rises, says China think-tank

Lifting the value of China's yuan currency would hurt, not help, global economic recovery and threaten the country's own financial and trade health, a Chinese state think-tank said in an essay published on Monday.
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India PM to attend climate talks as momentum grows

Indian Prime Minister Manmohan Singh will attend the end of the U.N. climate summit, joining dozens of leaders including U.S. President Barack Obama, in the latest sign of growing momentum toward a new global accord.
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Media heads worry about U.S. future as superpower

They normally ponder ways to entertain Americans, but media chiefs this week entertained more somber thoughts about the future of the United States, as several saw a fading superpower hobbled by the recession
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Yum's sales view misses, shares off

Yum Brands Inc, the parent of the KFC, Taco Bell and Pizza Hut fast-food chains, forecast fourth-quarter sales at established restaurants that were below some analysts' estimates, and its shares fell 4.3 percent.
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GM, China partner take aim at booming India market

General Motors and its Chinese partner SAIC Motor are to make small cars and commercial vehicles in India, taking a successful 12-year Chinese partnership into one of the world's fastest growing auto markets.
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Encouraging signs for cash at climate summit: U.N.

A U.N.-led drive to raise cash to help poor nations cope with global warming is looking fairly encouraging, three days before a 190-nation climate conference, the U.N.'s top climate official said on Friday.
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Rich/poor rift dents hopes for U.N. climate talks

After two years of work, and 12 years after their last attempt, 190 nations gather in Copenhagen from Monday to try to avert dramatic climate change -- what one minister called the most difficult talks ever embarked upon by humanity.
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Japan trading giants to tap $1 trillion water market

Japan's trading houses, which made fortunes from heavy bets on coal and iron ore, see water as their next big investment target as industrialization and urbanization in emerging economies boost demand for clean water.
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Playing catch-up, new wind power firms head offshore

On a small beach on South Korea's popular honeymooning island of Jeju a large blade spins against a cloudy sky, a noisy oddity for locals but a source of hope for emerging wind power gear makers eyeing a niche market.
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China wind firm, shipbuilder brave tough IPO mkt

Asia's largest wind power generator, Longyuan Power Group Corp, and China's biggest shipbuilder, China Shipping Industry, will each raise over $2 billion in initial public offerings in Hong Kong and Shanghai, testing market appetite strained by a glut of recent listings.

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