CHINA

China and the United States traded blows over entertainment and software piracy Friday as the World Trade Organization formally ruled some Chinese practices were illegal but exonerated it of other complaints.

China said a World Trade Organization report approved Friday rejected the majority of intellectual property complaints made by the United States and broadly backed Beijing's stance against commercial piracy.

European Union plans to re-write the rules of a $6 billion scheme that pays developing nations to cut greenhouse gas emissions risks stalling climate investment, policymakers and industry leaders said on Wednesday.

From a pure antitrust perspective, China's basis for the rejection of Coca-Cola's $2.4 billion bid for Huiyuan Juice failed to stack up to international standards.

China Mobile missed forecasts with its slowest quarterly profit growth since 2005 and warned a deepening financial crisis will pressure subscriber growth as local competition gets tougher.

China's rejection of Coca-Cola's bid to buy the country's top juice maker, Huiyuan, marked no retreat from government policies welcoming foreign investment, the government said on Thursday.

The role of the U.S. dollar as the key global currency will decline after the financial crisis, and its value may also weaken due to America's current account deficit, officials at some of Asia's top think tanks said.

Oil fell $1 a barrel on Wednesday after data showed U.S. crude inventories swelled to the highest level in nearly two years and the World Bank cut its 2009 forecast for China's economic growth.

Oil fell $1 to $48 a barrel on Wednesday after government data showed U.S. crude supplies swelled to the highest level in nearly two years, and the World Bank cut its forecast for China's economic growth this year.

Malaysia's Maxis Communications Bhd is investing $10 billion in its Indian unit Aircel to accelerate its expansion in the world's fastest-growing mobile market, and is interested in bidding for 3G spectrum.

Oil fell more than 3 percent to below $48 a barrel on Wednesday after fresh industry data showing a build in U.S. crude oil stocks and the World Bank cut its forecast for China's economic growth this year.

Japan will clear the way for the deployment of ballistic missile interceptors as it prepares for the possibility a North Korean rocket could fall toward its territory, Kyodo news agency reported on Wednesday.

China has rejected Coca-Cola's planned $2.4 billion acquisition of top juice maker Huiyuan Juice , saying the deal would have been bad for competition.

Boutique investment firms and top hedge funds are slowly lapping up the cream of global banking talent as the financial crisis forces banks to cut staff and limit the pay of their top risk-takers.

The World Bank lowered its forecast for China's 2009 economic growth on Wednesday but warned Beijing that it would be thwarting its own medium-term goals if it tried to offset the slowdown by further boosting investment.

China has rejected Coca-Cola's planned $2.4 billion acquisition of top juice maker Huiyuan Juice , saying the deal would have been bad for competition.

China has rejected Coca-Cola's planned $2.4 billion acquisition of top juice maker Huiyuan Juice , saying the deal would have been bad for competition.

China has rejected Coca-Cola's planned $2.4 billion acquisition of top juice maker Huiyuan Juice , saying the deal would have been bad for competition.

Rio Tinto named a new chairman to help get a planned $19.5 billion tie-up with China's Chinalco approved, as Australian politicians opposed to the deal raised their level of protest on Tuesday.

Australian politicians turned up the heat against Rio Tinto Ltd/Plc's planned $19.5 billion tie-up with China's Chinalco, with one taking out television ads on Tuesday to push for the deal to be blocked.

UCBH Holdings, Inc said today it has recorded an additional loan loss about $40 million pre-tax, will allows the company’s fourth quarter net loss to $$82.9 million increase and 2008 full year net loss increase of $76.4 million from $50.1 million as previously reported.