CHINA

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Gates pushes Japan on U.S. troop shift plan

U.S. Defense Secretary Robert Gates pressed Japan on Wednesday to implement quickly a deal to reorganize the U.S. military presence in the country, an issue that could test ties with Tokyo's new government.

Historical drama sets box-office record in China

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The Founding of a Republic has become the highest-grossing Chinese film in China's box-office history, earning 406 million yuan ($58.4 million) since its September 16 debut, a China Film Group spokesperson told the Xinhua News Agency.

Carmakers going greener with electric push

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Nissan Motor Co unveiled a sketch of its first all-electric light commercial vehicle and Toyota Motor Corp introduced an electric car concept, underscoring carmakers' drive into zero-emissions vehicles.
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U.S. official invited to visit Taiwan

U.S. Veterans Affairs Secretary Eric Shinseki has been invited to Taiwan in what would be Washington's first high-level visit to the island since 2000, officials said Tuesday.
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U.S. keeps Sudan sanctions but offers dialogue

The Obama administration on Monday said it would renew economic sanctions on Sudan, but also offered Khartoum new incentives to end violence in Darfur and the semi-autonomous south ahead of crucial polls next year.
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Coca-Cola 3rd-qtr sales miss; shares slip

Coca-Cola Co reported lower-than-expected quarterly revenue, hurt by declines across all its businesses, and said a weak economy would keep consumers under pressure next year, sending shares down 2.4 percent.
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Coca-Cola third-quarter sales miss; shares slip

Coca-Cola Co reported lower-than-expected quarterly revenue, hurt by declines across all its businesses, and said a weak economy would keep consumers under pressure next year, sending shares down 2.4 percent.
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Hijacked China ship shows pirates extending reach

The hijacking of a Chinese coal ship in the Indian Ocean shows Somali pirates are extending their reach beyond the Gulf of Aden and the Somali coast, shippers said as traders worried that more coal ships could become targets.
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Coca-Cola third-quarter sales miss

Coca-Cola Co reported lower-than-expected quarterly revenue, hurt by declines across all its businesses, and said a weak economy would keep consumers under pressure next year, sending shares down 1.5 percent.
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United Tech results top Wall Street forecasts

Diversified U.S. manufacturer United Technologies Corp reported a 17 percent drop in third-quarter profit, that nonetheless beat Wall Street estimates, as cost-cutting helped offset slumping demand.
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Obama gets an F on trade: Sen. Grassley

President Barack Obama deserves a failing grade for his handling of U.S. trade policy during his first nine months on the job, a senior Republican senator said on Monday.
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Software pirates hijack Windows 7 China debut

At shops in Shanghai's bustling Xinyang market, fake Apple iPhones and Bose speakers sit neatly alongside bootleg copies of Microsoft's new Windows 7 operating system, a week before its official launch.
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JA Solar's founder leaves company

JA Solar's founder has resigned as vice chairman of the board and will leave the company, the solar power player said on Monday, saying he will pursue other business interests.
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Bernanke calls for action on global imbalances

U.S. Federal Reserve Chairman Ben Bernanke warned on Monday that Asian export-promotion policies and large U.S. budget deficits could refuel global economic imbalances and put efforts to achieve more durable growth at risk if not curbed.
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Bernanke warns on export-led growth in Asia

U.S. Federal Reserve Chairman Ben Bernanke warned on Monday that pursuit of export-led growth by Asian nations could lead to a reemergence of global trade imbalances and undercut efforts to achieve more durable growth.
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Bernanke cautions on risks from imbalances

U.S. Federal Reserve Chairman Ben Bernanke warned on Monday that Asian policies promoting exports could lead to a reemergence of imbalances in trade and capital flows, which some believe helped fuel the U.S. housing bubble.
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China to move residents, keep lead smelters going

China plans to move 15,000 residents in its biggest lead smelting area away from the plants in order to allow them to keep operating, after tests showed over 1,000 children had excessive lead in their blood.
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Uighur leader slams Book Fair for honoring China

Exiled Uighur leader Rebiya Kadeer sharply criticized the Frankfurt Book Fair for inviting China as its guest this year, arguing that the country should not be honored given its poor human rights track record.

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