CHINA

China this week marks the 60th anniversary of the founding of its navy with a parade in the seas off the northern port city of Qingdao.

Penguin Group has become the first international publisher to sign an English electronic book distribution deal in China after seeing significant growth in the United States, the head of the group said on Tuesday.

Coca-Cola Co reported a lower quarterly profit on Tuesday that met Wall Street estimates as the weak global economy led to slower international sales growth.

Solar stocks have skyrocketed since March on optimism about government efforts to stimulate demand for the clean energy source, but analysts warn that with earnings season beginning, investors in the high-flying sector are in for a strong dose of reality.

Wal-Mart Inc's plan to eliminate jobs at its China unit has met with resistance from the up to 1,400 workers involved, the U.S. retailer said on Tuesday.

Texas Instruments posted a surprise quarterly profit on better-than-expected revenue as demand for its chips improved in Asia, and it gave a rosier-than-expected outlook for the current quarter.

The U.S. Treasury on Monday sought to cut off the flow of money to the head of a group considered responsible for killing more than a dozen Chinese police officers ahead of last year's Beijing Olympics.

U.N. nuclear watchdog chief Mohamed ElBaradei said on Monday more talk and deeper trust were needed to defuse nuclear disputes with North Korea and Iran, and urged Washington to stick to dialogue with both states.

Top auto executives projected sales growth of up to 10 percent this year in China, but this lone bright spot among the world's major car markets is also producing ambitious potential rivals to the global auto majors.

Asian governments are warming to the idea of offering incentives for green investment and could help attract billions of dollars in funding for solar and wind power industries struggling under tight credit conditions.

Industrial enzyme maker Novozymes A/S, which has teamed up with China's COFCO and Sinopec for a biofuel project, will jointly invest up to 90 billion yuan ($13.17 billion) with the two companies in the deal, the South China Morning Post reported on Monday.

The global financial crisis is unlikely to deter growing long-term demand for new nuclear power plants, international atomic agency officials said on Sunday, ahead of a conference to discuss the future of atomic power.

Asian stocks edged up on Monday, holding near a six-month peak and withstanding an early bout of profit-taking as investors eyed a slew of corporate earnings reports around the world this week.

The new chairman of global miner Rio Tinto said he would meet major shareholders in London next month, and would be prepared to scrap a $19.5 billion tie-up with China's state-owned Chinalco if they looked certain to oppose it.

Global miner Rio Tinto defended itself on Monday against shareholder criticism of its proposed $19.5 billion tie-up with China's state-owned Chinalco, its rejection of a takeover bid by BHP Billiton and its costly 2007 purchase of Alcan.

Major Chinese auto group Chongqing Changan Auto Co is planning acquisitions overseas as it prepares to enter Europe and North America where the industry downturn has hit hard, its chairman said on Sunday.

U.S. Treasury Secretary Timothy Geithner does not see a second wave of banking collapses and the government is ready to support capital-raising when needed, a Japanese newspaper said on Sunday.

U.S. Treasury Secretary Timothy Geithner does not see a second wave of banking collapses and the government is ready to support capital-raising when needed, a Japanese newspaper said on Sunday.

A fund run by China Guangdong Nuclear Power Group, one of China's two leading nuclear power developers, has signed a deal raising 7 billion yuan ($1.03 billion) for nuclear and other energy projects, the Xinhua news agency said on Saturday.

China's Premier Wen Jiabao said on Saturday that economic polices of countries which issue global reserve currencies require closer supervision as part of building a diversified international monetary system.

Four men from The Pirate Bay were sentenced to a year jail and ordered to pay 2.5 million pounds in a landmark case.