CHINA

The annual ranking of the cities with the most billionaires have been released by Forbes based on the reporting of a number of journalists across the globe.

The Hangover Part II bested the comedy-debut record set by The Simpsons Movie ($74 million) in 2007 to become the best comedy sequel which has grossed $118.1 million in its first four days of domestic release since May 26, 2011.

China has raised power prices for industrial, commercial and agricultural users in some regions by about 3 percent in an attempt to ease what threatens to be the worse power shortage in seven years in the world's second-largest economy.

In a country where being connected is seen as crucial, Ushi, China's answer to LinkedIn, expects explosive growth over the next few years in the world's largest Internet market.

The sophisticated cyberattack into U.S. defense contractor LockHeed Martin Corp. highlights the grave threat cyber criminals pose to companies, especially weapons manufacturers.

China's Supreme Court has ordered to impose harsher penalties, which include death sentence to people who have violated the food safety, as the government struggles to clean up the food supply.

World's largest defense contractor Lockheed Martin Corp., which became the victim of a sophisticated cyber attack last week, has quelled fears that its sensitive data have been compromised.

Qualcomm is best positioned to take advantage of strong secular growth trends in 3G, smartphones and tablets.

Tao Gang, vice-president of Sinovel Wind Group Company Limited, the largest turbine manufacturer in China, said on Monday the company has developed a 6MW wind turbine prototype that can be used in onshore, offshore and inter-tidal wind farms, a Xinhua report said

British chip designer ARM Holdings Plc, which licenses its chip technology to other makers, will take any plan by Intel Corp to make chips for rivals very seriously, a top executive said on Monday.

Ushi, China's answer to LinkedIn, hopes to have 10 million users in two years and to raise $5 million in its next round of fundraising, its chief executive said on Monday.

Luggage maker Samsonite, backed by private equity firm CVC Capital Partners , moved closer to a $1.5 billion Hong Kong initial public offering, setting an indicative range for the deal on Monday as it bet on booming Asian demand for global consumer brands.

Tight security was installed at parts of Chinese capital's vast northern region of Inner Mongolia on Sunday after news of a possible protest by Mongolians spread via internet.

Vietnam, accusing China, told Reuters on Sunday that its navy would do everything necessary to protect its territorial integrity after three Chinese patrol boats confronted and damaged an oil investigation ship operated by PetroVietnam, the state-owned oil and Gas Company.

Lockheed Martin just recently admitted that it was hacked on May 21, 2011. It managed to stop the tenacious attack before any critical data was stolen.

There is something terribly right going on in this small Southeast Asian republic.

Add a manufacturing slowdown to the growing risks facing the world economy.

Adult Americans have their own bogeyman – those shadowy, poorly-understood, but powerful things that are out to get them.

Chinese gold demand is expected to exceed 700 metric tons in the next several years and sharply outpace domestic production. Annual gold production in China, world’s second largest consumer of precious metal, is expected to reach 400 tonnes by 2014 with demand at 700 tonnes, signaling room for a strong ramp up in imports.

The persistent drought that has been affecting many southern China regions, kept the country's National Meteorological Center, maintaining its Yellow Alert high, say reports.

North Korean food crisis is no longer news, but this year it has made unusual public pleas for food aid. Should North Korea get food aid or not? While the easy answer to the heartrending stories of North Korean's plights may be unconditional food aids, there are more significant factors, complex and indispensable for the ultimate well-being of the North Koreans in the long run, to be considered.