CHINA

Baidu Inc, China's top search engine, wants to be one of the first companies to list on Shanghai's international board when it is launched, a business daily quoted the firm's chief financial officer as saying.

Stock index futures rose on Wednesday, putting Wall Street on track for a third day of gains as optimism grew that Greece's parliament would pass an austerity plan critical to avoiding a debt default.

Hewlett-Packard Co, the world's No.1 PC maker, is investing heavily in China and plans to develop cloud-computing products here to sell globally, Chief Executive Leo Apotheker said.

China's People's Liberation Army has developed its first online military game, called The Glorious Mission, to train soldiers in combat skills and technological awareness, the China Daily reported.

Stock index futures pointed to gains for Wall Street for the third session in a row on Wednesday, ahead of a Greek parliamentary vote on austerity measures which is expected to be passed in order to avert a default for the highly indebted country.

The accounting troubles and short-selling attacks hitting China-based companies are creating fertile ground for the rumor mill to flourish, with some shares hammered by chatter rather than actual evidence.

The game has taken 32 months to develop and has been called as “a breakthrough in military games and a pioneering work of the cyber-game industry.

India supported France's Christine Lagarde as the International Monetary Fund's next leader because it wanted to be part of the consensus that was forming around her, Indian Finance Minster Pranab Mukherjee said on Tuesday.

Campbell Soup Co will shed nearly 800 jobs as part of a series of cost cuts, which include exiting the Russian market, automating operations at a factory in Australia and closing one in the United States.

The craze to own an Apple product in China gathered steam this week as one Chinese girl allegedly has offered to sell her virginity in exchange for an iPhone 4, barely days after news surfaced that a Chinese boy sold his kidney in exchange for an iPad 2.

Some recent red-hot initial public offerings have the Securities and Exchange Commission concerned that Wall Street's underwriters may be tempted to revive some troubling tech bubble practices.

French Finance Minister Christine Lagarde on Tuesday was elected the managing director of the International Monetary Fund, maintaining Europe's grasp on the top job at global lender.

China’s $34 billion high-speed rail network is up for its first big test on Thursday as a high-speed train from Beijing is scheduled to glide into Shanghai’s Hongqiao railway station for its inaugural run.

Brazil on Tuesday backed French Finance Minister Christine Lagarde as the next head of the International Monetary Fund, aligning itself with other big emerging markets such as China instead of its Latin American neighbors.

Nike Inc raised its revenue forecast for its namesake brand on Tuesday, and said it is ahead of schedule on its longer-term financial targets despite macroeconomic and margin pressures.

Finance chiefs from the United States and India pledged on Tuesday to continue efforts to open up India's financial, retail, manufacturing and infrastructure sectors to competition but offered no specific measures to boost access for American firms.

In defiance of the ICC, Bashir and Hu Jintao are meeting in Beijing this week.

China's Youku Inc has agreed with Warner Bros. Entertainment's local joint venture to offer pay per view movies on its newly launched online paid content platform, Youku said on Tuesday.

Volkswagen continues its quest to become the world's largest automaker with announcement of two new plants in China. The factories will each have the capacity to produce 300,000 vehicles annually. One will be in the eastern part of the country and one will southern China.

Talks to modernize India's financial sector and allow major retailers like Wal-Mart into the country's vast consumer market opened on Tuesday between top U.S. and Indian financial officials.

Next version of Samsung Galaxy S2 pitted directly against Apple iPhone 5