CHINA

Biden tells China cooperation key for global economy

Joe Biden
Global economic health rests on the United States and China finding common ground, U.S. Vice President Joe Biden told China's leader-in-waiting, Xi Jinping, in talks aimed at shoring up faith in the dollar.

China Mobile first-half net profit up 6 percent

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China Mobile Ltd, the world's largest mobile operator by subscribers, posted a 6.3 percent rise in net profit for the first six months, logging the fastest half-year growth since 2008 as the carrier tries to attract more high-end 3G users.
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City Guide: Undiscovered New York City

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."
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Russia hopes its proposal can revive Iran nuclear talk

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.
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Rise of China state-owned firms rattles U.S. companies

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.
Supporters of Anna Hazare sign a banner with a portrait of Hazare outside the Tihar jail in New Delhi

Analysis: India Risks Facing Its Own Arab Spring

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.
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Carlsberg cuts outlook as Russian beer market stalls

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.
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China to expand investment options for yuan

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.
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Carlsberg cuts 2011 outlook on weak Russia

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's Tudou IPO prices within range

China's Tudou IPO prices within range

Chinese online video company Tudou Holdings Ltd (TUDO.O) priced shares in its initial public offering within the expected range on Tuesday, even though investor sentiment toward U.S.-listed Chinese stocks and the recent stock market turmoil had suggested it would be difficult.
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Euro and Tech Stocks Lose Ground in Asia

The euro wobbled Wednesday after French and German leaders failed to deliver a solution to the euro zone debt crisis and restore confidence after a global market rout, while Japanese shares fell, dragged down mainly by hi-tech.
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Brent Crude Rises on Encouraging U.S. Figures

Brent crude rose Wednesday, staying above $109 a barrel as a larger-than-expected drawdown in U.S. gasoline stocks and positive U.S. economic data trumped concerns over European debt

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