CHINA

At least 94 were killed as landslides and heavy rains unleash floods in central and southern China on Saturday.

China's inflation rate may accelerate to more than 6 percent year-on-year in June, which could bring the full-year consumer price index for 2011 to as high as 5 percent, a government researcher said in remarks reported on Sunday.

The 2011 “Power Lunch with Warren Buffett” went for $2.6 million this year. The buyer chose to remain anonymous for now.

Saudi Arabia will seek a greater role in the International Monetary Fund , its finance minister said on Saturday after meeting with France's Christine Lagarde on her campaign to head the Washington-based lender.

Apple has halted the delivery of iPads for Verizon which were due to be shipped from China, according to various media reports.

Mexico's central bank chief Agustin Carstens on Friday said India had not committed to support his candidacy as head of the IMF, as officials in the Asian nation said they would make their choice later in June.

The U.S. budget deficit fell by more than half in May from year-earlier levels to $57.64 billion as tax revenues continued to rise, the Treasury Department reported on Friday.

Wall Street resumed its slide on Friday, with the Nasdaq turning negative for the year, after China's weaker trade data and disputes about a second Greece bailout hurt already fragile sentiment.

Mexican Central Bank chief Agustin Carstens said on Friday that India and Mexico agreed emerging markets should have a higher representation in the International Monetary Fund as he campaigned for the global lender's top job.

Dell Inc has chosen to launch its new 10-inch Android tablet in China this summer, passing up on a U.S., Europe launch, as China emerges as a front line battle for tablets.

Wall Street resumed its slide on Friday, with the Nasdaq turning negative for the year, after China's weaker trade data and disputes about a second Greece bailout weighed on already fragile sentiment.

Nokia was expected to report a loss for this quarter and next as it cuts prices to try to prevent more customers defecting to rivals' smartphones, a Reuters poll found.

Stocks fell on Friday, a day after ending a six-day losing streak as weaker trade data from China, the scrapping of a large IPO and ongoing disputes about a second Greece bailout weighed on sentiment.

Vietnam's navy announced it will conduct live-fire drills in the South China Sea next week

The top pre-market NASDAQ Stock Market gainers are: Micromet, Verigy, Harbin Electric, Zipcar, Lululemon Athletica, and BioCryst Pharmaceuticals. The top pre-market NASDAQ Stock Market losers are: Diana Containerships, Life Partners Holdings, LM Ericsson Telephone, SIRIUS XM Radio, Research In Motion, and Vodafone Group.

Disappointing trade data from China and the scrapping of a large IPO fed into fears about market volatility and the economy on Friday, with U.S. stocks set to fall a day after rebounding from a six-day losing streak.

China posted a smaller-than-expected trade surplus in May of $13.1 billion because of soaring imports and weaker global demand growth, giving mixed signals about how the economy fared when some of its best export customers faltered.

Disappointing trade data from China and the scrapping of a large IPO fed into fears about market volatility and the economy on Friday, sending futures lower a day after stocks bounced from a six-day losing streak.

Nokia was expected to report a loss for this quarter and next as it cuts prices to try to prevent more customers defecting to rivals' smartphones, a Reuters poll found.

China's constant search for natural resources to fuel its burgeoning economy has driven Beijing's helmsmen to the far reaches of Africa, South America and the embattled Middle East.

A proposed UNESCO World Heritage Site is facing threat to its green cover which may also lead to extinction of the Amur tiger with the shrinking habitat in Russia’s Primorsky Province.