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Asian shares slip in thin trade, oil steady on Iran

Asian shares fell on Wednesday in low volume with many market players away for year-end holidays, while oil held on to the previous day's gains on concerns about possible supply disruptions after Iran threatened to stop the flow of oil from the Gulf.
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Chinese dissident Chen Xi is seen in this undated handout photo released by his family

Chen Xi, Chinese Dissident, Jailed for 10 Years

Chinese dissident Chen Xi has become the second dissident in four days to be jailed for inciting subversions through online essays; he was given a 10-year jail sentence by a Chinese court in Guiyang, the capital of Guizhou province.
Camila Alves

Matthew McConaughey and Camila Alves are Engaged!

Matthew McConaughey proposed to Camila Alves on Christmas Day, tweeting a cute picture of the longtime couple as they kissed by the Christmas tree. But who, exactly, is McCaughey's fiance? Is it true her mother doesn't approve of McConaughey? Here are five things to know about Camila Alves, from the couple's past to Alves' designer label and modeling career.
Mengniu said it destroyed a batch of products at a plant in the southwestern province of Sichuan which contained aflatoxin, a substance produced by food fungus that can cause severe liver damage, including liver cancer.

Tainted Milk Destroyed, says China's Mengniu

China Mengniu Dairy Co Ltd, the nation's biggest dairy firm, said it had destroyed milk found to be contaminated with a cancer-causing substance, the latest food safety problem to hit the country's dairy industry.
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Debt-riddled Japan relaxes decades-old arms exports ban

Debt-riddled Japan Tuesday relaxed its self-imposed decades-old ban on military equipment exports in a move that will open new markets to its defense contractors and help the nation squeeze more out of its defense budget.
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Chinese banks under pressure to raise cash next year: source

China's listed banks are expected to raise over 100 billion yuan ($15.78 billion) through equity financing next year as they face pressure to replenish capital due to rapid loan growth and tighter regulation, the China Securities Journal reported on Tuesday.
U.S. Nuclear Power

U.S. Must Mirror France - Liberty, Equality, Fraternity, Fission

To reduce/eliminate climate change, the U.S. must sub nuclear power for coal at electric power generating plants, until more-advanced energy forms are available. And France is a good model to follow: it generates almost 79 percent of its electricity from nuclear technology and has successfully reprocessed nuclear fuel for decades.
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Analysis: China investment wave unlikely to swamp EU

The sign in a boutique selling glass hand-crafted on the Venetian island of Murano betrays an uncertain grasp of English. But the owner is very sure who is to blame for the tough times confronting the 700-year-old local glassmaking industry.
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Yuan hits all-time high

The yuan closed up against the dollar on Monday after hitting an all-time high in intraday trading, guided by a stronger mid-point by the People's Bank of China, and looks set for an over-4-percent appreciation for 2011, traders said.
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China arrests executives in insider trading crackdown

China has arrested former executives at two brokerages on charges of insider trading, the securities watchdog said, as part of a crackdown on market malpractice that the new head of the agency has said will be one of his top priorities.
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China tests 500 km/h super high-speed train

China launched a super-rapid test train over the weekend which is capable of travelling 500 kilometers per hour, state media said on Monday, as the country moves ahead with its railway ambitions despite serious problems on its high-speed network.

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