CHINA

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China confirms visit of North Korea's Kim Jong-il

Chinese and North Korean state media on Monday confirmed that North Korean leader Kim Jong-il had visited the country, where he met China's President Hu Jintao in the northeastern city of Changchun.

BOJ eases policy, government hints at intervention

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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.

Russia opens ESPO oil pipeline to China

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As part of efforts to shift its export emphasis away from West Europe, Russia inaugurated a branch of Eastern Siberia-Pacific Ocean pipeline that delivers east Siberian oil to China.
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China confirms visit of North Korean leader - report

China confirmed to foreign diplomats in Beijing on Monday that North Korean leader Kim Jong-il had visited the country, Japan's Kyodo news agency said, as Chinese state media praised ties with the isolated country.
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BHP says timed Potash bid as rivals were weakened

Global miner BHP Billiton on Sunday played down any chance of raising its $39 billion (25 billion pound) bid for fertiliser maker Potash Corp , saying it had timed its move to catch out weakened rival bidders.
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EU prods China for faster yuan rise - G20 draft

The European Union thinks China has made only limited progress in allowing its yuan currency to move more rapidly, and swifter action would help safeguard a fragile economic recovery, according to a draft G20 document obtained by Reuters on Saturday.
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China seeks fresh nuclear talks with North Korea

China is lobbying neighbours to sign up to a road map for renewed nuclear disarmament talks with North Korea, whose leader Kim Jong-il is visiting China amid conciliatory words and threats of holy war.
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EU prods China for faster yuan rise: G20 draft

The European Union thinks China has made only limited progress in allowing its yuan currency to move more rapidly, and swifter action would help safeguard a fragile economic recovery, according to a draft G20 document obtained by Reuters on Saturday.
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China tells Japan wage demands understandable

China says it is understandable for its workers to demand higher wages after foregoing pay increases during the worst of the economic crisis, a Japanese official said after talks with Chinese counterparts.
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China seeks fresh nuclear talks as Kim eludes cameras

- China is lobbying neighbours to sign up to a road map for renewed nuclear disarmament talks with North Korea, whose leader Kim Jong-il is apparently visiting China amid conciliatory words and threats of atomic holy war.
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North Korea threatens nuclear holy war if attacked

North Korea would answer any attack on it with a nuclear holy war, the country's ambassador to Cuba said, according to official Chinese media, while the North's leader Kim Jong-il appeared to be visiting China.
Former U.S. President Jimmy Carter (L) and Aijalon Mahli Gomes (2nd R) talk before they leave Sunan airport in Pyongyang August 27, 2010.

Carter gets teacher released from North Korea

Former President Jimmy Carter procured the release of 31-year-old American English teacher, Ajilon Gomes, from imprisonment in North Korea. Carter and Gomes left Pyongyang, North Korea, yesterday and Gomes is expected to be reunited with his mother and other family members in Boston today.
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China silent on North Korea's Kim visit

China kept silent on Friday about a reported visit by North Korea's secretive leader, Kim Jong-il, that analysts say appears intended to line up Beijing behind his dynastic succession plans.
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Base metals remain up on global cues

Copper and other base metal prices rose up to 5 per kg in the non-ferrous metal market on Thursday on continued buying by stockists on industrial demand amid firming trend at the London Metal Exchange.
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China wheat imports from Australia shoots up

Australia, one of the world's largest wheat exporters, said its exports to China have already tripled this year. According to Australian Wheat Board (AWB), demand from the world's most populous nation in the nine months ended June 30 totalled 740,000 tonnes, of which 80 per cent was in bulk and 20 per cent in containers, or about 7 per cent of total wheat shipments.
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North Korea tells Carter wants to resume nuclear talks

North Korea's number two leader has told former U.S. President Jimmy Carter that the reclusive state is committed to denuclearising the peninsula and resuming six-way talks, the North's state news agency said on Friday.
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N.Korea tells Carter wants to resume nuclear talks

North Korea's number two leader has told former U.S. President Jimmy Carter that the reclusive state is committed to denuclearising the peninsula and resuming six-way talks, the North's state news agency said on Friday.

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