CHINA

Silvercorp Denies Fraud Allegations

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The largest silver producer in China says it is being accused of accounting fraud by an anonymous party who admits to placing financial bets that the Vancouver-based company's shares will fall.

EU Sanctions Target Syrian Oil Companies

Syrians living in Jordan shout slogans against Syrian President Bashar al-Assad after morning prayers on the first day of Eid Al-Fitr outside the Syrian embassy in Amman
The European Union imposed a ban on purchases of Syrian oil on Saturday and targeted three Syrian firms in an expanded sanctions list meant to intensify pressure against President Bashar al-Assad's government.
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China state paper urges Internet rethink to gag foes

China's Communist Party control is at risk unless the government takes firmer steps to stop Internet opinion being shaped by increasingly organized political foes, a team of party writers warned in a commentary published on Friday.
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Baidu sees possible acquisitions in mobile, cloud

China's top search engine Baidu Inc is on the lookout for potential acquisitions and investment opportunities in the mobile and cloud computing spaces, its chief financial officer said on Friday.
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Baidu offers glimpse of new mobile OS

China's top search engine Baidu Inc offered a glimpse of its upcoming mobile operating system and launched a new mobile application platform on Friday aimed at bolstering its presence in the increasingly competitive mobile web market.
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Safe-Haven Buying Lifts Gold in Europe

Gold rose to a 1-1/2 week high on Friday, benefiting from caution about the euro zone debt crisis and ahead of the key U.S. non-farm payrolls data which is likely to underscore the frail state of the world's largest economy.
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Gold Steady in Asian Trading

Gold prices held steady on Friday as investors stood on the sidelines ahead of a key U.S. payrolls report due later in the day, after recent data sent mixed signals about the status of the world's largest economy.
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China's Baidu offers glimpse of new mobile OS

China's top search engine Baidu Inc offered a glimpse of its upcoming mobile operating system and launched a new mobile application platform on Friday aimed at bolstering its presence in the increasingly competitive mobile web market.
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China's Baidu launches mobile apps platform

China's top search engine Baidu Inc launched a new mobile application system on Friday, seeking to bolster its presence in the mobile web as competitors including Alibaba Group increase their mobile offerings.
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China State Paper Urges Internet Rethink to Silence Foes

China's Communist Party control is at risk unless the government takes firmer steps to stop Internet opinion being shaped by increasingly organized political foes, a team of party writers warned in a commentary published on Friday.
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China Curtails Iran Investment Under U.S. Pressure

China is backing off from oil and gas investments in Iran, angering the Islamic republic with move officials and executives said reflected Beijing's efforts to appease Washington and avoid U.S. sanctions on its big energy firms.
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China central banker warns global economic risks increasing

The global economy faces risks from both slowed growth and persistent inflationary pressure, which is spilling over from emerging to advanced economies, Ma Delun, a vice-governor at China's central bank, said in comments reported on Friday.
Sheets of palladium

3 Reasons to Invest in Palladium

The value of palladium, the least known of the world's four major precious metals, is set to rise this year, perhaps more sharply than its more popular cousins.
A caricature depicting Muammar Gadhafi is seen in Tripoli

Gaddafi vows fight as world backs new leaders

Muammar Gaddafi, driven into hiding by his foes, on Thursday urged his supporters to fight on, even as Libya's new interim rulers met world leaders to discuss reshaping a nation torn by 42 years of one-man rule and six months of war.

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