CHINA

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China gas-to-chemical firms shackled by supply, costs

Chemical firms using natural gas as feedstock in southwestern Chinese provinces were facing mounting risks to scale down and even close operations due to gas shortages and rising gas prices, an industry newspaper reported on Thursday.

Mercuria, China's Datang form carbon JV

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A Mercuria Energy Group subsidiary has formed a joint venture with Hong-Kong listed China Datang Corp. Renewable Power Co. , focusing on renewable energy and carbon credits, energy trading house Mercuria said on its website.

China says stabilising prices still priority

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Stable prices remain the top priority for the Chinese government, but any policy moves must avoid hurting economic growth, China's Finance Minister Xie Xuren said on Thursday.
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A share trader checks share prices as she sits behind her trading terminals at the trading floor of the German stock exchange in Frankfurt

Stern Advice: Where to Put Your Money Now

You've got to put your money somewhere, right? Under the mattress doesn't really work as a retirement program. It's lumpy, vulnerable to theft and your kids might find it.
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ICBC, AgBank post record H1, dismiss local government

Industrial and Commercial Bank of China <1398.HK> and Agricultural Bank of China Ltd <1288.HK>, the country's top and No.3 lenders, respectively, on Thursday reported record first-half profits on better pricing power for loans and dismissed rising concerns over loans to local governments.
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Chinese state TV shows military cyber hacking clip

A six-second clip on Chinese state television has provided a rare glimpse into purported cyber hacking attacks launched by the country's military, despite long-standing official denials that the government engages in such activity.
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Japanese Retail Interest In Gold Rising

For Eriko Ebina, standing outside a downtown Tokyo medical equipment store that has a side business buying gold, the recent surge in prices for the precious metal was just too tempting.
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Newsmaker: Apple's Tim Cook steps up

Tim Cook, Apple's Chief Operating Officer, who has been standing in for CEO Steve Jobs during his medical leave, has been named the new CEO after Jobs resigned as Apple Inc Chief Executive on Wednesday, without specifying a reason.
Libyan rebel fighters burn a picture of Muammar Gaddafi at a checkpoint in Tripoli&#039;s Qarqarsh district

Price on Gaddafi's Head as Fighting Goes on

Libya's new masters offered a million-dollar bounty for the fugitive Muammar Gaddafi on Wednesday, after he urged his men to carry on a battle that kept the capital in a state of fear.
Libya

Price on Gaddafi's head as fighting continues

Libya's new masters offered a million-dollar bounty for the fugitive Muammar Gaddafi on Wednesday, after he urged his men to carry on a battle that kept the capital in a state of fear.
Hubble Space Telescope photograph of the dwarf planet Pluto

Pluto's Controversy Remains: To be a Planet or a Dwarf, That's the Question

Five years ago today, Pluto ceased to be a planet, when the International Astronomical Union demoted it to a newly created category of dwarf planet.The decision to redefine the long-known ninth planet of the solar system remains controversial today, with some disagreements among scientists as well as confusion among the public.

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