CHINA

World Bank President Robert Zoellick said on Wednesday the world had entered a new economic danger zone and Europe, Japan and the United States all needed to make hard decisions to avoid dragging down the global economy.

World Bank President Robert Zoellick said on Wednesday the world had entered a new economic danger zone and Europe, Japan and the United States all needed to make hard decisions to avoid dragging down the global economy.

World Bank President Robert Zoellick said on Wednesday the world had entered a new economic danger zone and Europe, Japan and the United States all needed to make hard decisions to avoid dragging down the global economy.

Tang Jianhui is a patient bank customer, though he won't stick it out if he has to wait more than an hour, as he sometimes does.

World Bank President Robert Zoellick said on Wednesday the world had entered a new economic danger zone and Europe, Japan and the United States all needed to make hard decisions to avoid dragging down the global economy.

The Italian parliament gave final approval on Wednesday to a much-altered austerity plan aimed at stemming a debt crisis engulfing the euro zone's third largest economy.

A global finance industry group on Wednesday urged regulators to withdraw plans for a capital surcharge on the world's largest banks, saying it would put economic recovery at risk.

Three senior Goldman Sachs Private Wealth Management advisers left the bank earlier this month to form an independent San Francisco boutique, Seven Post Investment Office LP.

The European Union wants more clarity from Beijing on increased export quotas for rare earth minerals from dominant producer China in meetings next month and December, Europe's trade chief said.

China always has confidence in the euro, Chinese Vice Premier Li Keqiang said at a China-Europe forum on Wednesday, offering reassurance that China will continue to invest in Europe.

Aluminum maker Alcoa Inc (AA.N) and China Power Investment Corp moved a step closer to linking up to manufacture aluminum products in China, the companies said on Wednesday.

The Chinese government will pump 300 billion yuan ($47 billion) into restive Tibet over the next five years, with 90.5 billion yuan to finance roads, railways, hydropower stations and other infrastructure, state media said on Wednesday.

Fund management companies Martin Currie and APS Asset Management announced on Wednesday plans to set up a strategic partnership to expand in China.

Non EU-countries like Russia or China have so far shown little interest in buying Greek debt, the Greek deputy finance minister said on Wednesday.

Ping An Insurance (Group) Co of China Ltd has obtained regulatory clearance to invest in private equity and real estate, the official Shanghai Securities News reported on Wednesday.

China Mobile Communications Corp and Clearwire Corp (CLWR.O) have teamed up to develop high-speed mobile devices and infrastructure, potentially giving the cash-strapped U.S. 4G operator a technological boost.

Indian solar photo-voltaic (PV) cellmaker Indosolar Ltd is in talks with Chinese polysilicon maker GCL-Poly Energy Holdings to tie up a new 4-year solar wafer supply deal, which could be worth up to $2 billion, its chief executive told Reuters on Wednesday.

A group of manufacturers and defense companies are lobbying members of Congress on the deficit-reduction committee to oppose further cuts to military spending cuts.

China-focused miner Silvercorp (SVM.TO: Quote) offered a detailed rebuttal of new anonymous allegations of fraud on Wednesday, releasing figures on tax, production and assay grades to fend off an attack from short-sellers.

Brazil's proposal to support the crisis-hit euro zone garnered only lukewarm support from fellow BRICS countries on Wednesday, as doubts mounted whether the five emerging market powers have the political will or financial clout to throw a lifeline to Europe.

Moody's cut the credit ratings of two French banks on Wednesday because of their exposure to Greece's debt, highlighting growing risks to Europe's financial sector from a deepening euro zone sovereign debt crisis.