Commerce Secretary Gary Locke will press for more access for American companies in China's clean energy sector, an area where Washington feels it can make inroads on its enormous trade imbalance with China.
Chinese President Hu Jintao told a senior North Korean official on Wednesday that ties between the two nations have reached a new level of goodwill, avoiding direct mention of the North's nuclear dispute in his public praise.
Asian cities are likely to beat Australia in the race to become a carbon-trading hub, despite Australian plans to set up the region's first cap-and-trade market, industry experts said on Wednesday.
The United States does not expect to reach an agreement on climate change with China during President Barack Obama's visit to Beijing next month, the country's senior climate change envoy said on Wednesday.
Drugmaker SciClone Pharmaceuticals Inc said it would cut about 17 percent of its U.S.-based jobs, mostly in research and development, following its decision to drop the development of its cancer drug earlier this month.
HSBC Holdings and Bank of Communications (BoCom) plan to transfer their joint credit card activities in China into a new company to tap into expected strong growth in the world's most populous country.
Ford named a consortium led by China's Zhejiang Geely Group Holding Co. as preferred bidder for its loss-making Swedish unit, Volvo Car Corp., but said more detailed talks were needed before any final agreement.
Asian shares fell on Wednesday after a dip in U.S. consumer confidence revived worries about the pace of economic recovery, while the Australian dollar hit a two-week low as inflation data pared bets on an aggressive rate rise.
Global consumer confidence is rebounding, and in the United States has risen for the first time since 2007, amid signs the world economy is picking up although spending is still restrained, a survey showed on Wednesday.
North Korean efforts to install one of ailing leader Kim Jong-il's sons as a hereditary successor are likely to fail, a senior defector from the communist country said on Tuesday.
Iran wants major amendments within the framework of a U.N. nuclear fuel deal which it broadly accepts, state media said, a move that could unravel the plan and expose Tehran to the threat of harsher sanctions.
China Unicom said on Monday it will limit the sales for the long-awaited iPhone on October 30, the first day the eagerly sought Apple handset is due to go on sale nationwide in China.
A mob of angry parents lynched a book salesman and badly injured four of his colleagues after rumors spread that the men were part of a human smuggling ring, the official Xinhua agency said late Monday.
Wall Street analysts on Tuesday cut their price targets on Baidu Inc, after China's dominant search engine forecast a sequential decline in fourth-quarter revenue due to the transition to a new Internet
advertising technology.
Bank of New York Mellon Corp sees more acquisition opportunities in Europe than in Asia, the head of the world's largest custodian of financial assets said on Tuesday.
U.S. stocks fell in choppy trading on Tuesday as a worse-than-expected consumer confidence report overshadowed earlier data that showed home prices rose for the fourth-straight month.
The foreign ministers of Russia, China and India said on Tuesday that the world must remain engaged in Afghanistan, with Moscow seeking a greater role for regional powers in stabilising the war-torn country.
Two people have been executed in China for their involvement in deadly riots in Tibet last year, the Chinese Foreign Ministry said on Tuesday, the first officially confirmed to have been carried out.
Iran will accept the framework of a U.N.-drafted nuclear fuel deal, but will demand some important changes, al Alam state television reported on Tuesday.
Wall Street was set for a modestly lower open on Tuesday as worries the market's seven-month rally was reaching an end offset data showing U.S. home price rose more than expected.
The United States welcomes the rise in the yuan's exchange rate in recent years but wants the currency to climb further, visiting Commerce Secretary Gary Locke said on Tuesday.
S&P 500 index futures edged higher on Tuesday following a two-day selloff as better-than-expected earnings offset worries that the market's seven-month rally was reaching its end.
