CHINA

Local governments in China had lent an astounding 10.7 trillion Yuan by of year-end 2010 – or about 27 percent of GDP for that year.

Rising Chinese purchases of platinum jewelry will boost global demand for the metal to a two-year high in 2011, a British consultancy said Tuesday.

Luxury fashion house Burberry has reported consistent double digit revenue growth for the first half of the year. The growth has been reported in retail, wholesale and almost all product categories of the brand.

Canada-listed Sino-Forest Corp said an independent committee found no evidence of fraud at the Chinese timber firm following allegations from short-seller Muddy Waters it had exaggerated its assets, although the committee also said it had been unable to verify the company owned all of its forests.

China's autocatalyst palladium demand growth is expected to slow as the auto sector cuts back on buyer incentives, refiner Johnson Matthey said on Tuesday.

China's biggest commercial banks face systemic risks if a combination of credit, property, currency and yield curve shocks that could be withstood in isolation were to occur together, the International Monetary Fund warned on Tuesday.

Google Earth has apparently spotted large and unidentified structures in China's Gobi Desert. The satellite images have raised questions over what China could be building in the region, which shares borders with Mongolia and is used for military, space and nuclear programs.

The Chinese state media has accused U.S. President Barack Obama of using Beijing to deflect attention from his country's economic woes. The accusation, made by the Xinhua news agency, comes after Obama hit out at Chinese currency policy.

If all goes well, India's relation with Australia could change forever, as its Prime Minister Julia Gillard is pushing to lift ban on sales of uranium to India.

Huawei Technologies, the world's No.2 telecoms equipment maker, plans to buy the remaining 49 percent stake in a joint venture with Symantec Corp that it does not already own for $530 million to bolster its corporate security solutions business.

Hu Xiao, an executioner is China, has stated that his job is usually not very complicated.

Asian shares fell on Tuesday, as a rise in euro zone bond yields reflected lingering doubts about the ability of politicians in Italy and Greece to push through painful reforms to resolve their debt crises and win market confidence.

As The Hunger Games trailer debuts, beauty company China Glaze is allegedly prepping a set of nail polish colors to coincide with the film. The Hunger Games Collection (unconfirmed) will premiere in 2012, but click here for a look at all shades and their inspirations from the YA book series, from Katniss and Peeta to District 12 and Flaming Mockingjay.

The World Bank's private-sector lender plans to work more closely with Intel, the world's top chipmaker, to invest in technology firms in developing countries, a senior World Bank official said on Monday.

Herman Cain struggled to answer a question about President Barack Obama's handling of Libya in an interview with the Milwaukee Journal-Sentinel on Monday, first asking whether Obama had supported the rebellion against Moammar Gadhafi and then saying that he would have gone about assessing the situation differently, which might have caused us to end up in the same place.

A former New York City police officer, Kevin Hiltunen, removed an Occupy Wall Street demonstrator and dragged him out of Rep. Bob Turner's official swearing-in ceremony.

Shares of Dell, the No. 2 PC maker, rose slightly Monday, ahead of the company’s third-quarter earnings report scheduled for Tuesday. Investors await news on Dell’s moves upscale as well as supply shortages caused by floods in Thailand.

President Barack Obama spent a weekend reiterating his belief the United States' economic future rests upon success across its westward ocean, engaging in the leaders of 21 nations in the Pacific Rim during the Asia-Pacific Economic Cooperation summit in Hawaii.

The Hawaiian musician performed Occupy With Aloha for 45 minutes at Saturday's global gala.

Ivanhoe Mines said on Monday that construction at its Oyu Tolgoi copper-gold project in Mongolia will be 70 percent complete by the end of 2011, with commercial production seen in the first half of 2013.

One in 10 adults will have diabetes by 2030, posing a huge challenge to healthcare systems around the world, according to a report on Monday.