CHINA

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Silicon Valley Bank parent eyes India, China

California-based SVB Financial , the parent of Silicon Valley Bank, is eyeing banking licenses in China and India, Asia's No.1 and No.3 economies, as part of its international expansion, its chief executive told Reuters.

Chinese officials call Google 'political tool'

China paper warns Google may pay price for hacking claims
Internet big Google is a political tool , a top Chinese official told a Beijing paper Monday, claiming the U.S. internet magnet's comments about hacking attacks linked to China is bad for their business.

China paper warns Google may pay price for hacking claims

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Google has become a political tool vilifying the Chinese government, an official Beijing newspaper said on Monday, warning that the U.S. Internet giant's statements about hacking attacks traced to China could hurt its business.
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Airline profit fears as trade fight looms with Europe

Global airlines will spell out the cost of a whirlwind of disasters, political unrest and high oil prices on Monday while mounting an all-out offensive against European plans to make them pay extra for carbon emissions.
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China says will not threaten anyone with modern

China's defense minister sought to reassure Asia Pacific neighbors on Sunday that his country's growing economic and military power was not a threat, as long-running maritime disputes in the region flare up again.
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Lagarde likely to be next IMF chief: report

French Finance Minister Christine Lagarde will likely become the next head of the International Monetary Fund , with backing of the United States and Japan, the Nikkei financial daily reported on Sunday, citing unidentified global financial industry sources in Washington.
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Toyota president sees return to full output from November

The president of Toyota Motors <7203.T> said on Saturday he expects the automaker to resume full production globally in November and its Japanese output is expected this month to recover to 90 percent of levels seen before a March earthquake.
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Short seller's report clobbers Sino-Forest

A damning short-seller's report accusing Sino-Forest Corp of theft and fraud put the skids under the Canadian-listed company on Friday, even as it denied there was a problem.
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How Serious are North Korea's Hacking Activities?

North Korea might be decades behind development, but when it comes to cyber warfare, the nation is growing an elite army of hackers, seeking out the best of the best computer prodigies, showering them and their families with lavish lifestyles, and effectively training them.
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Bill Ford says CEO successor likely from within

Ford Motor Co Executive Chairman Bill Ford said on Friday it is likely that the company will look inside its own ranks for the successor to Chief Executive Alan Mulally, whenever Mulally decides to leave.
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China's Dragon Boat Festival 2011

For over 2,500 years, China has celebrated the Dragon Boat Festival on the Fifth day of the Fifth lunar month. This year, that day is June 6th.
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Analysis: Can naming, shaming curb cyber attacks from China?

Targets of pervasive Chinese cyber attacks hope the latest breach of Google email will spark a robust U.S. response but Washington may find it hard to pin precise blame on China and cannot go too far against a key economic and diplomatic partner.
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U.S. raises Google hack allegation with China

The United States has asked Beijing to investigate Google's latest allegation of a major hacking attack that the Internet giant says originated in China, the State Department said on Friday.

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