CHINA

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G8 to discuss exit from stimulus

Germany will press G8 finance ministers to start working on how to return policy to normal after months of crisis at a meeting in Italy on Friday, although hopes the world economy has turned the corner are still fragile.

Local troubles still hinder India's global role

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India represents a sixth of humanity and its giant economy may help reshape global business, but its place in the world is still hindered by the country's struggles to find stability in its own dangerous neighbourhood.
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EU says U.S. auto aid plan may distort world trade

U.S. financial aid to carmakers and a number of stimulus packages adopted by other countries to fight the economic slowdown could distort global trade, a confidential European Commission report said.
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Stock futures mixed as oil falls, dollar firms

Stock index futures pointed to a mixed open on Wall Street on Friday, with futures for the S&P 500 up 0.2 percent, Dow Jones futures up 0.1 percent and Nasdaq 100 futures down 0.3 percent by 6:00 a.m. ET.
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China Internet filter challenged in rights uproar

A Chinese lawyer has demanded a public hearing to reconsider a government demand that all new personal computers carry Internet filtering software, adding to uproar over a plan critics say is ineffective and intrusive.
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Oil falls towards $72 after three-day rally

Oil prices slid toward $72 a barrel on Friday, as investors locked in gains from a near eight-month high settlement a day ago, but stronger-than-expected China factory output and retail sales data lent support.
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Oil falls toward $72/bbl after three-day rally

Oil prices fell toward $72 a barrel on Friday, as investors locked in gains from a near eight-month high settlement a day ago, but stronger-than-expected China factory output and retail sales data lent support.
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China moves to combat climate change

China is formulating a plan for development of renewable energy, as pressure mounts from Washington for lowered green house emissions to fight the specter of a warming planet.
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China's Internet filter challenged

A Chinese lawyer has demanded a public hearing to reconsider a government demand that all new personal computers carry Internet filtering software, adding to uproar over a plan critics say is ineffective and intrusive.
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China nets OZ Minerals assets, appetite undimmed

China cheered Australian investors with its undimmed appetite for resources assets as one state-owned firm, Minmetals, clinched a $1.4 billion deal and another, Chinalco, vowed to bounce back from the shock of its failed $19.5 billion Rio Tinto tie-up.
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Asia resource stocks soar

Asian stocks edged higher, powered by a sharp rise in commodity-related shares as oil prices extended gains on Thursday, keeping a rising trend in raw materials prices intact and boosting the Australian dollar.
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Solar stocks rally on China support, oil prices

Solar stocks rallied on Wednesday as investors bet that increased Chinese interest in solar power, higher oil prices and signs of improvement in lending and financing will help spur demand for the clean energy source.
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China investment surge boosts recovery hopes

Chinese investment surged in May, fanning hopes the world's third-largest economy may lead a global recovery, although a record slump in Japan's first quarter GDP reinforced expectations any rebound would be slow.
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China's Beijing Auto interested in Volvo: report

Beijing Automotive Industry Holding Corp is interested in buying Ford Motor Co's Volvo car unit, the Wall Street Journal reported, adding a new name to a list of potential Chinese bidders for the Swedish luxury car brand.
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N. Korean refuges live like 'livestock'

North Korean refugees who fled to China recently faced forced marriage and deportation, according to reports regarding the imprisonment of two American journalists who worked on a subject of 'the plight of North Korean women who flee to China'.
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Japan sets 2020 climate target

Japan unveiled plans on Wednesday for greenhouse gas cuts over the coming decade only marginally deeper than its current U.N. commitments, a step green groups say threatens to deal a blow to global climate talks.
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Fake Venices Around the World

If you are paying attention to such trivial things, you’ll eventually hear of many cities that have a nickname claiming they are the “Venice of” something.
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China to overtake Italy for Lamborghini: CEO

China will overtake Italy as the second-biggest market behind the United States for iconic sportscar maker Lamborghini within three to five years, the group's chief executive said on Wednesday.

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