CHINA

A former senior Chinese censor has claimed a major role in recording purged leader Zhao Ziyang's memoirs that decry the quelling of pro-democracy protests in 1989, adding to calls for the government to repent the crackdown.

Chinese solar energy company Suntech Power Holdings Inc on Thursday reported a surprise quarterly profit and said it expects its revenues to grow in the second quarter.

Rich nations should cut their greenhouse gas emissions by at least 40 percent by 2020 from 1990 levels as part of a new global climate change pact, China said on Thursday, spelling out its stance ahead of negotiations.

Chinese solar energy company Suntech Power Holdings Inc on Thursday reported a surprise quarterly profit and said it expects its revenues to grow in the second quarter.

The dollar hit its lowest in almost five months and Asian stocks slipped on Thursday after news that the Federal Reserve lowered its forecasts for U.S. economic growth for the next three years.

President Barack Obama concluded said Wednesday there is an impressive consensus among members of his Economic Recovery Advisory Board for getting the United States to take the lead on clean energy issues.

The tough U.S. fuel economy standards announced by President Barack Obama on Tuesday represents a bonanza for companies that supply hybrid technology and other gas-conserving components needed to meet the new benchmarks.

BEIJING, May 19 (Reuters) - China agreed to lend $10 billion to Brazil's Petrobras (PETR4.SA)(PBR.N) in return for guaranteed oil supply over the next decade, in a deal cemented on Tuesday as Brazilian President Luiz Inacio Lula da Silva ended a state visit.Lula and Chinese President Hu Jintao signed 13 agreements in all, covering science, space, law, ports and farm products, the official Xinhua news agency said. It did not provide details.The loan will come from China Development ...

The tough U.S. fuel economy standards announced by President Barack Obama on Tuesday represents a bonanza for companies that supply hybrid technology and other gas-conserving components needed to meet the new benchmarks.

Japanese electronics group Toshiba Corp plans to end production of mobile phones in Japan around October to cut costs as demand slumps, the Nikkei business daily said on Wednesday.

The World Bank President Robert Zoellick said Monday that the pace of decline in the global economy is set to slow and it could see resumed growth as early as late 2009.

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Brazilian Company, Petrobras which has acquired 60% of interest in Namibian exploration recently on Tuesday said it has $10 billion credit line from the China Development Bank to refinance its investments and services that has bought from china.

HSBC Holdings, Europe's biggest bank, expects to see consolidation in the financial industry later this year and in early 2010 that will create buying opportunities, Chief Executive Michael Geoghegan said on Tuesday.

Sales of smartphones are set to grow 12-15 percent in 2009, said Lee Williams, chief of the Symbian Foundation, the consortium of companies around the world's most popular smartphone operating system.

A Chinese government spokesman on Tuesday brushed aside questions about a top official purged for opposing the armed crackdown on pro-democracy protesters in 1989, saying the official verdict on the demonstrations still stood.

Myanmar's Southeast Asian neighbors expressed grave concern on Tuesday over the trial of opposition leader Aung San Suu Kyi but China said it would not interfere in the regime's affairs.

Rodney Ringler is an unemployed blue collar male without a college degree. He's hardly alone. Men like him have been the main victims of the current recession in the United States.

European Union moves to exempt industries such as steel, refining and cement from the cost of buying carbon permits risk handing them windfall profits and could blunt EU green investment, analysts say.

The United Auto Workers union expects a crucial round of restructuring talks with General Motors Corp to intensify this coming week ahead of an end-of-May deadline set by the Obama administration.

Technology companies are detecting signs of improvement in their industries, sending their share prices higher, but demand from consumers and corporations is uncertain.