CHINA

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Harbin denies Citron's claims, says not facing probe

Chinese electric motor maker Harbin Electric on Friday denied any Securities and Exchange commission investigation against it, while responding to an allegation made by Citron Research in a recent blog post.
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Cyber Attacks: New Battle Front

Cyberattacks on UN, Others Traced to China

Over 72 organizations - including the United Nations, the Olympic committees and the U.S. government - have been hacked by China-based hackers for a half decade, according two security companies based in the United States.
Traders work on the floor of the New York Stock Exchange

Is U.S. Heading For Another Recession?

Stocks tumbled across the globe on Thursday amid growing worries about the U.S. economy and Europe's mounting debt problems, reviving fears of another deep recession.
Traders work on the floor of the New York Stock Exchange

Economy, Euro Zone Crisis Batter Stocks

World stocks sank for an eighth straight session of losses on Friday, with investors racked by worries about the slowing global economy and the dangerous spread of euro zone debt anguish into Italy and Spain.
China's Wang wins the women's 1000 metres final during the World Short Track Speed Skating Championships 2010 at Winter Sport Hall in Sofia

China Expels Olympic Champion Wang Over Brawl

China has kicked four-times Olympic gold medalist Wang Meng out of the national short track speed skating team and disqualified her from competitions for her part in a brawl with her team manager last month.
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China, Japan urge global talks on economic crisis

China and Japan called for global cooperation on Friday after a financial market rout signaled fear that Europe's debt crisis could spin out of control and the U.S. economy may slide into another recession.
A board at the New York Stock Exchange shows the final trading numbers for the day

Insight: Wall Street Slide Sends Waves Across Economy

A scary drop in stocks and commodities threatens to squeeze life out of an already faltering U.S. economy, with deal-making, investment in plants and equipment, and capital raising at risk of slowing down or freezing up.
Super-typhoon Muifa Heads towards Eastern China.

Super Typhoon Muifa Heads Towards Eastern China

Shanghai and parts of eastern China are preparing to face one of the biggest typhoons in recent years called Muifa, which is expected to bring torrential rains and heavy winds as it passes by.
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China should let yuan float: former central bank adviser

China should let the yuan float as soon as possible to halt a further build-up of China's foreign exchange reserves and avoid destructive losses in its dollar investments, a former central bank adviser said in comments published on Friday.
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Brazil auto market picks up again in July

Automobile production in Brazil rose 3.9 percent BRAOPM=ECI and sales increased 0.6 percent BRASLM=ECI in July from June, the national automakers' association said on Thursday.

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