CHINA

Banks can keep embassy accounts: U.S. regulators

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Financial regulators have clarified that banks can provide services to foreign diplomatic missions and still comply with anti-money laundering laws after several major banks moved to close embassy accounts.
An earthquake damaged road and bridge are seen in Tarlay

Powerful earthquake hits Myanmar (PHOTOS)

A deadly 6.8-magnitude earthquake hit the mountainous area along Myanmar's borders with Thailand and Laos on Thursday, according to the U.S. Geological Survey. The tremors were felt in Bangkok, Hanoi, and some areas of China.
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China detained Glencore trader in oil imports probe

China's customs authorities detained a Glencore trader as part of an investigation into the potential evasion of millions of dollars in taxes on fuel imports, sources with direct knowledge of the situation said on Friday.
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China, Vietnam ponder visa-free zone

The visa-free tourism zone will have tourist movement from China and Vietnam without any requirement for travel permits. Tourists will also be able to cross the border on their vehicles.

Did China's VanceInfo Win a Yahoo Contract?

In a series of postings from mid to late February on 51Jobs.com (the Monster.com of China), VanceInfo Technologies Inc. (NYSE: VIT) has advertised numerous positions for onsite assignments at Yahoo China. VanceInfo is an information technology (IT) service provider and an offshore software development company in China.
Traders work on the floor of the New York Stock Exchange

World Market Overview 25/03/2011

US stocks ended higher on Thursday as investors are shrugged off bad news and focused on some positive developments from the US corporate sector.
Myanmar's quake death toll rises to 65

Two quakes rock Myanmar

At least 25 people have been killed in Myanmar as a 6.8 earthquake rattled buildings and nerves.
Wind patterns are left in the ice pack that covers the Arctic Ocean north of Prudhoe Bay, Alaska

Military power demonstration in the Arctic

The United States is staging high-profile submarine exercises in the Arctic Ocean this month as evidence mounts that global warming will lead to more mining, oil production, shipping and fishing in the world's last frontier.
Traders work in the oil options pit on the floor of the New York Mercantile Exchange in New York

World Market Overview 24/03/2011

US stocks defied odds on Wednesday to close slightly positive. The S&P 500 index climbed 3.77 points, or 0.29 percent, to close at 1,297.54. The Dow Jones Industrial Average rallied 67.39 points, or 0.56 percent, to end at 12,086.02. The Nasdaq Composite rose 0.54 percent.
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China says has helped Europe by buying debt

China still sees risks from euro-zone debt problems and has increased its holdings of European government bonds to help the region, the Chinese foreign ministry said on Thursday.

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