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Apple, Chinese Food co. at Loggerheads Over Logo Design

A Sichuan, China-based food company whose logo looks strangely similar to Apple's logo is now in big trouble because Apple has complained of infringement of trademark.

Shaw to sell Westinghouse stake to Toshiba

Shaw Group said it will sell its 20 percent stake in nuclear power plant company Westinghouse Electric Co to Japan's Toshiba Corp to eliminate nearly $1.7 billion of debt and strengthen its balance sheet.

Service sector growth picks up in August: ISM

The pace of expansion in the services sector unexpectedly accelerated in August, snapping a three-month streak of slower growth, according to an industry report released on Tuesday.

Toyota aims for quake-proof supply chain

Toyota Motor Corp <7203.T> is working to create a robust supply chain that would recover within two weeks in the event of another massive earthquake like the one on March 11 that is still affecting output after six months, a top executive said.

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People walk inside an Apple retail store in Shanghai

Apple Opening Hong Kong Store: Surest FACT Yet Supporting iPhone 5 October Release

Rumors have abounded for months about when Apple might release its new iPhone 5 but now there's a worthy fact suggesting October is the launch date for the highly-anticipated iPhone 5 smartphone.Apple has confirmed the company will launch its first store in Hong Kong as the company seeks growth in Asia and nears release of its highly-anticipated iPhone 5.

EU stockpiling rare earths to reduce dependence on China

The European Union is stockpiling rare earths, vital for many high-technology industries, to reduce its dependence on China, a spokesman for the EU industry commissioner said on Tuesday.

Namibia OKs Chinese Takeover of Gold One

Australia and South Africa-listed Gold One International said on Tuesday that Namibian regulators had given the greenlight to its takeover by a Chinese consortium, removing one small hurdle to complete the transaction.

Apple Opening First Hong Kong Store in September: Just Ahead of iPhone 5 Launch?

Apple will launch its first store in Hong Kong as the company seeks growth in Asia and nears release of its highly-anticipated iPhone 5.Apple's iPhone, first launched in 2007, is the world's bestselling smartphone -- owned by more than 110 global consumers and growing fast every day. The company is nearing the launch of its latest version, the iPhone 5

Hong Kong Shares Up; Gold Rises for Second Day

Hong Kong shares edged higher on Tuesday, as a late short covering rally helped snap a two-day losing streak, but strong gains in utilities names and low turnover suggest that investors remain skeptical the bounce can be sustained.

U.S. solar firm Solyndra files for bankruptcy protection

Solyndra LLC, a solar panel maker which had earlier received $535 million in federal loan guarantees, filed for Chapter 11 bankruptcy protection early on Tuesday, making it the third U.S. solar firm to succumb to pressure from lower-cost Chinese rivals.

Gold surges 1 percent to record on growth woes

Spot gold climbed more than one percent to a record high above $1,920 on Tuesday, as concerns about a worsening euro zone debt crisis and stalled global growth drove investors out of from riskier assets to safe havens, including gold.

China starts to reshuffle engineers of economic boom

China has begun work on an 18-month reshuffle of its top economic and regulatory policy officials as part of a leadership transition that will see President Hu Jintao and Premier Wen Jiabao hand their posts to a younger generation.

Apple to open first Hong Kong store this quarter

Apple Inc said on Tuesday it will open its first Hong Kong retail store this quarter and is targeting another Shanghai store opening by the end of the year.

China growth may slide below 9 percent in 2012: FX regulator

China's economic growth in 2012 may drop below 9 percent for the first time in a decade, a senior Chinese foreign exchange official said on Tuesday, underlining the gloom in Beijing over the deteriorating health of the global economy.

iPhone 5 Manufacturing Said to Start in China; Top Rumored Specs

Lending more credibility to growing rumors of an early October release of the Apple iPhone 5, reports have emerged saying that Apple's Chinese subcontractors, Foxconn Technology and Pegatron Technology, have started production.

Dell to Partner Baidu to Develop Tablets, Mobile

Dell Inc said on Tuesday it will partner China's top search engine Baidu Inc to develop tablet computers and mobile handsets.

China Economy May Grow Below 9% in 2012: FX Rgulator

China's economic growth may ease to below 9 percent in 2012, partly due to a weak global economy, a senior Chinese foreign exchange official said on Tuesday, backing market expectations that the world's No. 2 economy is set for a mild easing.

China economy may grow below 9 pct in 2012: FX regulator

Australia banks face tight timeline on global capital rules

Australian banks will need to meet new global capital rules ahead of the internationally agreed timetable under proposals made on Tuesday, although the move is unlikely to force any of them to raise any new equity immediately.

Australia wants banks to meet new global rules in 2013

Australia on Tuesday proposed its banks conform to minimum capital requirements faster than global rules as expected, though the proposal is not seen pushing the well-capitalized banks to raise equity immediately.

China to U.S.: Currency Bill Would Provoke a Trade War

China yuan helps curb inflation -Zoellick

The yuan's recent gains are helping to tame China's inflation but it is too early to conclude that Beijing has won its battle to cool price pressures, World Bank President Robert Zoellick said on Monday.

Nigeria's central bank governor Lamido Sule Lamido speaks at conference on banking reforms in Nigeria in Lagos

Nigeria to put 5-10 pct of FX reserves into yuan

Nigeria's central bank plans to diversify its $33 billion in foreign exchange reserves away from the dollar by switching a tenth of the stockpile into yuan, underlining the momentum behind China's drive to internationalise its currency.

A file picture shows the South African twenty rand note.

S.Africa stocks tumble, rand slips as global markets weaken

South Africa's stocks fell more than 2 percent on Monday and the rand hit one-week lows to the dollar, with further losses seen this week as worries about the global economy and euro zone debt crisis persist.

Anti-Gaddafi fighters stand guard as they gather in Al-Noflea to prepare for a sweep of the area for pro-Gaddafi forces

Libyan forces say ready to move on town

Libyan forces made ready to storm a desert town held by loyalists of Muammar Gaddafi on Monday but held off in the hope of a surrender that would avoid bloodshed.

G7 to seek ways to prop up global growth: source

Group of Seven financial leaders, worried about risks to global growth, are likely to agree this week to keep monetary policy accommodative, slow fiscal consolidation in countries where that is possible and implement structural reforms, a G7 source said.