CHINA

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China toy scare sparks safety testing frenzy

Armed with pruning clippers, a worker in a white lab coat snips a plastic Hello Kitty play set into lentil-sized bits that will be bathed in chemicals simulating gastric acid.

China warns of "catastrophe" from Three Gorges Dam

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China's huge Three Gorges Dam hydro-power project could spark "catastrophe" unless accumulating environmental threats are quickly defused, senior officials and experts have warned, according to state media.

Bush to speak about freedom concerns in Myanmar in his speech to the U.N., urge sanctions

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The cries of tens of thousands of people led by Buddhist monks, who are staging anti-junta protest rallies in Myanmar at the risk of a government crackdown, has reached the ears of the US President George W. Bush, who is expected to take up the issue in his speech Tuesday to the General Assembly and urge the U.N. to uphold its pledge to fight for freedom and impose new sanctions against the repressive military regime in Myanmar.
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Japanese parliament paves way for Fukuda to become new PM

Japan's parliament on Tuesday installed Yasuo Fukuda as the new prime minister of the world's second largest economy, setting the stage for the seasoned moderate to form a cabinet that must confront a feisty opposition keen to force an election.
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Ford CEO says can still hit '09 profitability goal

Ford Motor Co. Chief Executive Alan Mulally said on Monday that the No. 2 U.S. automaker was keeping its target to return to the black by 2009, although the world economy might be hurt by the U.S. mortgage crisis.
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Dell ties up with GOME to sell PCs in China

Dell Inc, the world's No.2 personal computer maker, said it would sell its latest range through China's largest electronics retailer, GOME Group, aiming to improve on its single-digit mainland market share.
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GM faces tough choice on jobs to get UAW deal

With General Motors Corp facing the prospect of its first strike in almost a decade, the $50 billion question for the struggling automaker is how badly it wants to buy peace with its major union.
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China seizes on Mattel apology to emphasize safety

China highlighted Mattel's apology over its recall of huge numbers of toys on Monday to press its claim that Chinese exports are generally safe and foreign politicians and media have unfairly hyped quality scares.
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China to limit investments in Hong Kong stocks

Beijing will cap a program allowing its citizens to invest in Hong Kong's stock market, regulators said on Friday, scaling back an earlier aggressive plan to open a gateway for its capital accounts.
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Next Japan PM faces parliament blues

Yasuo Fukuda looks likely to win the leadership of Japan's ruling party on Sunday and become the nation's next prime minister, a job in which he will face a divided parliament and conflicting policy pressures.
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Acer sees PC consolidation speeding up

The personal computer industry is in for a wave of consolidation, the president of Acer said on Friday, adding the Taiwanese PC maker did not plan any buys itself for up to two years.
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Mattel apologizes to China for toy recalls

The world's largest toy maker, Mattel Inc, apologized on Friday for damaging China's reputation after recent massive recalls of its Chinese-made toys, admitting it targeted some goods that were actually up to scratch.
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Listed companies to issue over 30b yuan corporate bonds

Statistics show that listed companies plan to issue more than 30 billion yuan (US 3.99 billion) corporate bonds, which permitted by the China Securities Regulatory Commission (CSRC) on August 14, the Shanghai Securities News reported today.
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P&G ponders brand buys to keep China lead

Procter & Gamble Co, the world's top maker of household products, will consider brand acquisitions in China to shore up and expand its leading position among multinationals muscling into the booming but fractured domestic consumer goods market.
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China's Bank of Beijing surges on listing debut

Shares in Bank of Beijing doubled in their debut on Wednesday, lifted by strong investor interest in new shares and upbeat prospects for the domestic banking sector as the country's economy keeps growing strongly.
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Fujifilm to shift digital camera output to China

Japan's Fujifilm Holdings Corp said on Wednesday it plans to shift its remaining digital camera production to China and cut an unspecified number of jobs as it restructures its struggling camera operations.
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China tries charm to convince world its goods safe

China went on a charm offensive on Wednesday to convince a skeptical world its products are safe, as a new poll in the United States found 78 percent of Americans were worried about the safety of Chinese goods.
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Food firms want binding rules for safe imports

Top U.S. food companies, worried recent import scares may turn away customers, launched a plan on Tuesday to add teeth to existing safety guidelines and increase funding for bare-bones federal regulators.

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