CHINA

Sina Corp, China's largest Internet portal, said net profit fell 60 percent as the firm spent heavily on investment in its highly popular microblogging service, Weibo.

One in five Internet users visited Amazon in the month of June, according to a comScore report.

New York City is one of the most recognized, filmed, visited and loved cities in the world. There are a lot of obvious parks, buildings and areas to visit, but Times Square is not the real New York. Here's a look at some of the (relatively) less congested sites to see in "the Big Apple."

Joe Biden has much on his agenda when during his visit to China this week.

Russia pitched on Wednesday a proposal to Iran's foreign minister which it hopes could bring a breakthrough in a confrontation over Tehran's nuclear programme, despite doubts in the West that the plan can make much headway.

When the leaders of the world's two biggest economies meet in Hawaii three months from now, U.S. President Barack Obama will still be able to brag to Chinese President Hu Jintao that the United States has more big companies than any other nation on the planet.

An anti-corruption movement led by a feisty 74-year-old social activist is snowballing into one of the biggest challenges in decades for the ruling Congress party and if not contained risks sparking India's own version of an Arab Spring revolt.

Beetel Teletech, part of India's Bharti Enterprises that controls top mobile carrier Bharti Airtel , launched a tablet computer priced at 9,999 rupees ($220) on Wednesday.

Chinese search engine Baidu Inc may face tighter regulations after facing a barrage of criticism from state media over its business practices at a time when it is cementing its dominance of the booming Internet market.

The planned layoffs would reportedly include management, pilots, cabin crew and engineers. The company has a total of 35,000 employees.

Vice President Joe Biden began his six-day state visit to China, where he is expected to talk to leaders about a number of U.S.-Sino issues, including debt and Taiwan.

Reports regarding the death of Jackie Chan have erupted on social media websites like Twitter for the second time this year.

Consumer goods group Unilever expects to see three-quarters of its turnover from emerging markets by 2020 as heavy investment in these fast-growing regions and sluggish growth elsewhere take effect.

The United Arab Emirates is enforcing a law that can slap a 10-year prison sentence on anyone it thinks is spreading rumors through social media outlets.

Venezuelan President Hugo Chavez may transfer billions of international reserves from Europe and the United States into banks in nations like China, Russia and Brazil, an opposition lawmaker said on Tuesday.

Danish brewer Carlsberg cut its full-year outlook when reporting a 13 percent fall in quarterly profit that missed forecasts after sales in its key Russian market were hit by higher prices, sending its shares diving.

Chinese search engine Baidu Inc may face tighter regulations after facing a barrage of criticism from state media over its business practices at a time when it is cementing its dominance of the booming Internet market.

China pushed for greater international use of the yuan on Wednesday by promising to let foreign investors buy mainland shares and bonds, pushing up shares of brokerage stocks listed in Hong Kong.

Danish brewer Carlsberg on Wednesday posted a drop in second-quarter profit and more than halved full-year growth prospects as drinkers in its key Russian market struggled to absorb higher beer prices.

China Life , the world's biggest insurer by market capitalisation, has become the first Chinese insurance company to be granted a license to form a private equity fund, a local newspaper reported on Wednesday.

Chinese Vice-Premier Li Keqiang said China will soon allow foreign investors to buy mainland securities using yuan up to an initial quota of 20 billion yuan ($3.1 billion), a move aimed at promoting international use of the Chinese currency.