UNITED STATES

China wants positive statement from U.S. on dollar

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China would welcome assurance about the security of its financial assets in the United States, a senior diplomat said on Wednesday ahead of President Hu Jintao's visit next week, while playing down rifts between the two powers.

China's military modernization

China has caused alarm around the region and in Washington because of its ambitious military modernization program, especially with this week's announcement of a test flight of a stealth fighter.
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Euro rises feebly ahead of Portugal bond sale

The euro rose weakly against the dollar on Wednesday while Asian stocks edged higher, but investors were increasingly nervous ahead of a key bond sale by ailing euro zone member Portugal later in the day.
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AIG set to announce sale of Taiwan unit: reports

American International Group Inc could announce as early as Wednesday the sale of its Taiwan Nan Shan Life unit to conglomerate Ruentex Group for up to $2.5 billion, according to Taiwan newspapers.
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Twins' bid to void Facebook settlement meets doubt

Cameron and Tyler Winklevoss found a skeptical audience on Tuesday as they tried to persuade a U.S. appeals court to let them out of a $65 million settlement over the founding of online social network Facebook.

Republicans and Democrats working on gun control

Lawmakers from both sides of the aisle are calling for new gun-control legislation in the wake of the shootings in Tucson, Arizona last Saturday that left six people dead and 15 injured, including U.S. Rep. Gabrielle Giffords, D-AZ, who remains in critical condition, as do five other victims.
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New guilty plea in insider trading case

A former technology analyst with Primary Global Research pleaded guilty on Tuesday to leaking confidential company information to hedge funds, part of the U.S. government's broad insider trading probe.
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Facebook-Winklevoss twins case goes to court

Cameron and Tyler Winklevoss found a skeptical audience on Tuesday as they tried to convince a U.S. appeals court to let them out of a $65 million settlement over the founding of online social network Facebook.

Assassins in America

The attempted assassination of U.S. Rep. Gabrielle Giffords, D-AZ, and the murder of six innocent bystanders, at a “meet and greet” with constituents on Jan. 8, was a shocking and tragic event nationwide. Unfortunately, trying to kill American politicians is neither unique nor new.
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WikiLeaks activists may seek to quash demand for docs

Two prominent WikiLeaks supporters in the Netherlands and Iceland are consulting U.S. lawyers about ways to stop the Justice Department getting their Twitter records in a probe into the leak of secret documents.
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Verizon Wireless to sell $200 iPhone

Verizon Wireless plans to sell Apple Inc's iPhone for as low as $200 starting next month, putting the smartphone at the center of its high-stakes battle with AT&T Inc for wireless customers.
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Fed's bond-buying could soon backfire: Plosser

The U.S. Federal Reserve's aggressive bond-buying plan could soon backfire unless the central bank gradually changes course to head off inflation, a top Fed official known for his hawkish stance said on Tuesday.
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Two US Fed banks wanted discount rate hike: minutes

Directors of Federal Reserve banks in Dallas and Kansas City again requested, unsuccessfully, a 0.25 percent rise in the rate charged to banks for emergency loans, minutes of Fed meetings in November and December showed on Tuesday.
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Goldman vows to boost disclosure, avoid conflicts

Goldman Sachs Group Inc took a step toward greater transparency by pledging to disclose more about how it makes money, seeking to rebut criticism that it has been putting its own interest ahead of clients.
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Assange extradition hearing set for next month

WikiLeaks founder Julian Assange made a brief appearance in a London court on Tuesday and will return next month for a full hearing on Sweden's efforts to extradite him for questioning over alleged sex crimes.

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