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Gold Steady after S&P Downgrade of Italy

Gold held steady on Tuesday, after Standard and Poor's downgrade of Italy's credit rating, while a stronger dollar weighed on sentiment ahead of a key U.S. Federal Reserve policy meeting.

U.S. Ambassador Urges China to Lower Trade Barriers

U.S. ambassador to China Gary Locke delivers a speech to the American Chamber of Commerce in the People's Republic of China and members of United States-China Business Council at the Westin Hotel in Beijing
China must reduce barriers to foreign companies if it is to meet its own development goals, the U.S. ambassador said in Beijing on Tuesday in a speech that reflected foreign investors' growing frustration with the pace of economic reforms in the country.
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S&P Italy Downgrade a New Blow for Distressed Europe

Standard & Poor's cut its unsolicited ratings on Italy by one notch on Tuesday, a surprise move that sharply increases strains on the debt-stressed euro zone and piles pressure on policymakers to take more decisive action to resolve the crisis.
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India earthquake zone map

Earthquake Death Toll in India, Nepal Expected to Increase

None of India's 20 nuclear power plants were disturbed by the earthquake, officials said Monday. The nuclear facility closest to the quake's epicenter is the Narora Power Station, some 800 miles to the west. The quake hit Sunday night, and the death toll has reached 74 people.
Zambian opposition leader Michael Sata leaves an election results centre in Lusaka

Zambia deploys police on eve of close election

Zambia's police chief deployed thousands of officers across the southern African country on Monday, the eve of a closely contested election between incumbent Rupiah Banda and nationalist opposition leader Michael Sata.
Earthquakes have recently struck Alaska and Southern California

10 Deadliest Earthquakes in the Past Century

There have been a number of high-profile earthquakes in the last month, including ones in India, Japan, Cuba, Indonesia and the United States. Here are the ten worst quakes over the past 100 years.
North Korea nuclear talks

China makes new push for North Korea nuclear talks

China urged regional powers on Monday to restart moribund nuclear disarmament talks with North Korea, with its foreign minister Yang Jiechi defending Beijing as an honest broker seeking to defuse confrontation with Pyongyang.
India earthquake

India Earthquake: Death Toll Exceeds 50

The death toll has risen to 53 people in Sikkim, India, where a 6.9 magnitude earthquake hit Sunday night. About ten of the deaths occurred in Nepal, primarily in the capital of Katmandu, where a series of building collapses trapped people under debris.
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Biggest Defence Contractor in Japan Hit by Cyber Attack

Hackers gained access to the computers of the biggest defense contractor in Japan, the manufacturer of Patriot Advanced Capability 3 missiles, targeting the submarine, missile and nuclear power plant component factories.
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Chinese Official Signals No New Stimulus

China should refrain from boosting credit and fiscal spending again as stimulus measures to avoid fueling inflation and pushing up government debt, Wu Xiaoling, a former deputy central bank governor said in remarks published on Monday.
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China centre stage in long-running US campaign show

It could almost be scripted. A U.S. politician threatens to take China on if he makes the White House. The official Chinese press level a barrage of criticism laced with sarcasm. Beijing's Foreign Ministry steps in offering a milder diplomatic response.
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China's Sany Heavy to raise $3.33 bln in HK offer

Sany Heavy Industry Co Ltd , China's largest construction machinery maker, could raise up to $3.33 billion in the second biggest stock offering this year in Hong Kong, braving volatile markets to raise funds for expansion of its factories.
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China Quells Village Solar Pollution Protests

Residents of a village in east China accused riot police of heavy-handed tactics after a three-day protest against a solar panel factory accused of dumping toxic waste was brought to an end on Sunday.
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China villagers protest solar plant pollution

Protesters have camped outside an east China-based solar panel manufacturer accusing it of dumping toxic waste into a river, China's official Xinhua news agency reported on Sunday.

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