CHINA

With Magna International's $1 billion buyout of founder Frank Stronach now a done deal, the auto parts maker will now shift its focus to a more aggressive expansion in emerging markets.

The U.S. Commerce Department decided on Tuesday not to investigate whether China subsidizes exports to the United States by undervaluing its currency, prompting renewed calls for Congress to act on the issue.

China pressed regional powers on Tuesday to restart talks on ending North Korea's nuclear ambitions, and Seoul offered aid to its destitute neighbour despite a new round of U.S. sanctions against Pyongyang.

The U.S. Commerce Department said on Tuesday it did not have sufficient legal grounds to investigate if China's currency practices effectively subsidize its exports in separate trade cases brought by U.S. aluminum and paper producers.

Thousands of people are putting their health and life savings at risk to travel to private clinics around the world for unproven and potentially dangerous stem cell treatments, British experts said on Tuesday.

An Iranian newspaper said on Tuesday that Carla Bruni, the wife of France's president, deserved to die after she expressed solidarity with a woman sentenced to be stoned to death for adultery.

General Motors expects competitive pricing for its electric Chevrolet Volt in China as it hopes to gain a foothold in China's fledgling environmentally friendly car industry with the highly anticipated car.

U.S. food maker H.J. Heinz Co said quarterly earnings from continuing operations rose 10 percent, helped by sales growth in emerging markets.

U.S. food maker H.J. Heinz Co said quarterly earnings from continuing operations rose 10 percent, helped by sales growth in emerging markets.

The Chinese exchange rate has little role to play in rebalancing bilateral trade with the United States, a senior Chinese central bank official said in comments published on Tuesday.

An Iranian newspaper said on Tuesday that Carla Bruni, the wife of France's president, deserved to die after she expressed solidarity with a woman sentenced to be stoned for adultery.

Filipino Catholics and Chinese Buddhists offered prayers for eight Hong Kong tourists at the site where they died in a bus hijacking, and the Philippine government promised a credible investigation into what went wrong.

Japanese factory output edged up in July but manufacturing activity in August expanded at its slowest pace in more than a year, suggesting that companies were starting to feel the pinch from an export slowdown and a strong yen.

Mobile phone maker Sony Ericsson said on Tuesday it would introduce its first smartphone for the Chinese market that runs on the network of China Mobile, the world's biggest mobile carrier.

South Korea welcomed expanded U.S. financial sanctions against North Korea on Tuesday, but made its first large-scale offer of aid to its destitute neighbour since the sinking of one of its warships in March.

Taiwan regulators rejected AIG's planned $2.2 billion sale of its Taiwan unit to a China-related group, citing regulations on mainland investment, and leaving the insurer facing another auction.

Foxconn International <2038.HK>, the world's top contract cellphone maker, slipped deeper into the red in the first half of the year, hit by falling phone prices and higher depreciation costs as it moves production to inland China to escape high labour costs.

North Korea's leader Kim Jong-il wants an early restart to stalled nuclear disarmament talks, Chinese state media said on Monday, ending official silence about Kim's secretive five-day trip ahead of a key congress.

Chinese and North Korean state media confirmed on Monday that North Korea's reclusive leader Kim Jong-il had visited China, where he told President Hu Jintao he remained committed to the denuclearisation of the Korean peninsula.

Singapore announced on Monday restrictions on people buying second homes as part of new measures to cool its red-hot residential market, joining Hong Kong and China in taking steps to keep a lid on housing prices.

The Bank of Japan boosted its cheap loan scheme on Monday, bowing to government pressure for action to protect a fragile recovery by curbing the yen's rise, while cabinet ministers signalled they may intervene to weaken the currency.