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Campbell Soup in joint venture to expand in China

Campbell Soup Co said it would form a joint venture with Swire Pacific Ltd <0019.HK> to expand the reach of its business in China.

Dioxin-tainted pork possibly sold in Germany

Pork tainted with the highly toxic chemical dioxin may have been sold in Germany, authorities said on Wednesday.

Brazil's Nov. retail sales rise even as inflation fears linger

Brazil's President Luiz Inacio Lula da Silva and President-elect Dilma Rousseff attend a ceremony in Brasilia

Even as the rest of the world's efforts to push consumer spending and economic growth are floundering, Brazil reported a more-than-expected rise in retail sales during November.

Analysis: China securities regulator flexes muscle, eyes private

Private equity funds in China are nervously eyeing a push by the country's top securities regulator to gain oversight of the fast-growing sector, fearing increased scrutiny and tougher new rules.

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Four major risks to US economic recovery in 2011

The extra fiscal stimulus in the form of tax cuts approved in December could produce a 4 percent growth rate for the U.S. economy in the first half of 2011, but there are lingering risks that could lead to a cold shower in 2012, according to the American Enterprise Institute (AEI).

China does not want to see euro disappear

Europe can definitely solve its debt problems and China will continue to support the euro's role as an alternative to the dollar in global financial markets, a Chinese central bank adviser said on Wednesday.

ECB President Trichet, Germany's Angela Merkel, Greece's Prime Minister Papandreou EU Council President Van Rompuy and France's President Sarkozy leave the EU Council building in Brussels - file photo.

German economy posts fastest annual growth since reunification

German economy, Europe's biggest and the only bright spot in an otherwise bleak euro zone fiscal scene, grew at an impressive rate of 3.6 percent in 2010, official data showed.

China central bank adviser sees Q1 interest rate rise

Another Chinese interest rate increase in the first quarter is likely, a central bank adviser said on Wednesday, but a vice governor cautioned against raising rates too steeply for fear of luring in hot money.

Yuan to spread as Bank of China lets US customers trade RMB

State-owned Bank of China Ltd has offered yuan trading to its U.S. customers, a sign that Beijing this year may increasingly promote the use of the Chinese currency in major financial centers.

IndiGo mulls IPO, other options to fund $16 billion Airbus order

Indian budget carrier IndiGo is considering all options including an initial public offering to finance a $15.6 billion plane order with Airbus, but has made no decision yet, the firm's president said on Wednesday.

Hong Kong is world's freest economy, Singapore, Australia follow

Hong Kong beat rivals Singapore and Australia to be rated the world’s freest economy for a straight seventeenth consecutive year, according to a ranking by US-based Heritage Foundation.

A T-Mobile G1 Google phone running Android is shown in Encinitas

Android phones more vulnerable to hacking, viruses than Apple iPhone

Android phones and other mobile devices are more vulnerable to hackers than Apple iPhones due to Google's open-source policy in apps development, according to the chief of a security firm.

Yuan to spread as Bank of China lets U.S. customers trade RMB

State-owned Bank of China Ltd has offered yuan trading to U.S. customers, a sign that Beijing this year may increasingly promote the use of the Chinese currency in major financial centers.

China yields slip, near-term tightening fears ease

China's central bank bill and government bond yields edged lower on Wednesday as easing concerns over another monetary tightening step in the coming weeks along with ample liquidity kept sentiment cautiously optimistic, traders said.

Hong Kong ranks world's freest economy for 17th year

Hong Kong was rated the world's freest economy for a 17th straight year in a ranking by the U.S.-based Heritage Foundation, above rivals Singapore and Australia for the title.

China nudges U.S. on assets ahead of Hu trip

China would welcome assurances its financial assets in the United States are safe, a senior diplomat said on Wednesday, ahead of President Hu Jintao's visit next week, but played down rifts between the two powers.

China says it shares common interests with U.S. on Korea

China shares broad common interests and goals with the U.S. on Korean peninsula issues, a senior Chinese diplomat said on Wednesday, ahead of Chinese President Hu Jintao's visit to the United States.

No wish to see euro disappear: China central bank adviser

Europe's debt crisis does not alter the long-term strategic position of the euro in the global monetary system, an adviser to the Chinese central bank said on Wednesday.

China's pandas need old forests to thrive: study

China's giant pandas need not only bamboo, but also ancient forests to thrive in the wild, a study in western China has found.

China wants positive statement from U.S. on dollar

China would welcome assurance about the security of its financial assets in the United States, a senior diplomat said on Wednesday ahead of President Hu Jintao's visit next week, while playing down rifts between the two powers.

China's military modernization

China has caused alarm around the region and in Washington because of its ambitious military modernization program, especially with this week's announcement of a test flight of a stealth fighter.

China wants positive statement from U.S. on dollar assets

China Q1 rate rise would be reasonable - c.bank adviser

It would be reasonable for China to raise interest rates in the first quarter because price pressure tends to be high for seasonal reasons during the opening months of the year, a central bank adviser said on Wednesday.

China icy weather hits metal smelters in Henan, Guizhou

Aluminium output in China, the world's top producer, may be trimmed further this month as smelters in southwest Guizhou province face power cuts to offset soaring energy demand linked to freezing weather, industry sources said on Wednesday.

Gates plays down rift in China's civilian-military relations

U.S. Defense Secretary Robert Gates played down the possibility of a rift between China's civilian leadership and its military.

Volvo seeks 2nd home market in China

Volvo Car expects China to become its biggest market as early as next year and its second home market after Sweden as the Chinese-owned automaker looks for sales to grow more than six times by 2015, a top company executive said.

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