CHINA

The share of power generation in the U.S. by burning coal has fallen to near a 35-year low, as electric power plants showed less interest in thermal coal due to a mild winter and a shift to cheaper gas.

Japanese billionaire Kazuo Okada, embroiled in a legal fight with former partner Steve Wynn, the chairman of casino operator Wynn Resorts, used a video on Tuesday to deny claims by the Las Vegas mogul that he was unsuitable to be a company director.

The U.S., the European Union and Japan will file a complaint with the World Trade Organization, which arbitrates international trade disputes, on Tuesday over Chinese export caps on rare earth minerals used in high-tech manufacturing, the Wall Street Journal reported.

Apple announced the rollout of iOS 5.1, its latest version of the company’s mobile operating systems. As expected, updates didn’t go as smoothly as Apple would have planned. Many iOS users are being plagued with problems no sooner after they have updated their iOS devices, making us wonder when Apple will release a fix for these problems soon. The bugs are not major, but they are still being a nuisance and require attention as soon as possible

While reiterating its stance that there are no nuclear weapons activities going on in the military site of Parchin, Iran has agreed to allow the International Atomic Energy Agency team to inspect the site.

Shares of Yahoo (Nasdaq: YHOO) rose slightly after the company sued Facebook for alleged patent infringement. Facebook denied the charges in a statement but has not filed a legal response.

The European Union, United States and Japan formally asked the World Trade Organization on Tuesday to settle a dispute with China over Beijing's restriction on exports of raw materials, including rare earth elements critical to major industries.

Amid fresh allegations that LTTE (Liberation Tigers of Tamil Eelam) leader Velupillai Prabhakaran and his 12-year-old son were brutally killed in a close range by the Sri Lankan forces, Indian Premier Manmohan Singh is struggling to contain the sentiments of opposition parties and lawmakers from regions dominated by Tamil population.

The top aftermarket NYSE gainers Monday were: Resolute Energy, Armstrong World Industries, Nautilus Group, GNC Holdings, Cameco Corp and Beam Inc. The top aftermarket NYSE losers were: InvenSense, Safe Bulkers, China Mass Media Corp, Yelp Inc, MarkWest Energy Partners and Sunoco Logistics Partners LP.

The U.S. will join Japan and the European Union for pressing the World Trade Organization to force China for loosening its restrictions on exports of rare-earth minerals.

Asian equities hit a one-week high on Tuesday, holding firm in the wake of recent signs of improvement in the U.S. economy, while the yen rose after the Bank of Japan kept monetary policy steady.

Amid mounting speculation of potential oil reserves in Sri Lanka's seawaters, Indian media reports have suggested that India might be looking for a greater involvement overstepping China and Russia, who are also believed to be interested in oil exploration deals with the island nation.

Two new Chinese LCD screens in Beijing's imposing Great Hall of the People will replace screens made by a Japanese competitor, in a sign of resolve to supply the world with Chinese brands and not just Made in China products.

The Obama administration is all set to file a case against China's export restrictions on rare earth at the World Trade Organization.

Exports to the U.S. were a bright spot, but the general picture from China’s latest trade data is that global demand is still subdued, according to Capital Economics.

The West clashed with Russia at the United Nations Security Council over Syria Monday, as activists and the Damascus government traded blame for a massacre of civilians in the city of Homs.

Gold prices may have risen for more than a decade and surged in the last few years. But hedge fund manager Kyle Bass' prediction for 2012 and beyond is that prices still have a lot further to go.

The case of the girls who drowned in Zhangzhou is an odd one since time travel seems such a trivial topic -- not worthy of state media efforts to spin tragedy into propaganda.

China's top two online video companies are joining forces, with Youku.com buying smaller rival Tudou Holdings Ltd in an all-stock deal worth over $1 billion, creating an industry leader with more than a one third share of a market that is losing money as it battles rising costs.

Yahoo, the No. 2 search engine that just hired a new CEO, could threw a wrench into Facebook’s proposed $5 billion initial public offering by suing for patent infringement.

China's surprisingly big February trade deficit numbers Monday cut into commodity prices and other growth-sensitive securities.