CHINA

With Goldman charged, rivals smell blood

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Within days -- perhaps even hours -- of news that Goldman Sachs was facing fraud charges from U.S. regulators, rivals seized on a chance to elbow in front of Wall Street's most profitable bank.

McDonald's gains share amid Starbucks attack

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McDonald's Corp is muscling in on business from other fast-food chains and turning up the heat on coffee chain Starbucks Corp by expanding its lower-priced roster of competing drinks.
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Google boosts federal lobbying spending in Q1

Google Inc boosted its spending on federal lobbying 57 percent in the first quarter to address issues including patent reform and competition in the advertising market, as the Internet search giant increasingly finds itself in the regulatory spotlight.
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Apple users lose some immunity to cybercrime

Fake security software was the No. 1 cybersecurity woe afflicting computer users in 2009, and Apple users lost some of their immunity to cybercrime as they stored more data online instead of on hard drives, according to the cybersecurity firm Symantec.
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Global markets drive U.S. industrial profits

International markets like China and Brazil drove profits at U.S. industrial companies in the first quarter, many of which beat Wall Street estimates and raised their full-year forecasts.
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Google cyberattack hit password system: report

A December cyberattack on Google Inc computers hit the company's password system that millions of people worldwide use to access almost all of the company's Web services, The New York Times said, citing a person with direct knowledge of the investigation.
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SABMiller Q4 volumes beat forecasts, boosts shares

Brewing giant SABMiller beat forecasts as it reported a 2 percent rise in fourth-quarter worldwide underlying beer volumes on Tuesday as emerging markets like Latin America and Africa started to recover.
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Asian stocks rebound as earnings back in focus

Asian stocks rebounded on Tuesday, a day after suffering their biggest percentage fall in 10 weeks, as Citigroup's best results since 2007 raised investor optimism about earnings growth.
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Asian carmakers' results seen up; sales outlook eyed

Quarterly earnings at Asian carmakers are set for a big improvement thanks to recovering demand and cost cuts, and analysts are turning their focus to how fast they can get back to sustained, pre-crisis growth.
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Asian chipmakers see firm growth; Samsung capex eyed

Asian chipmakers are set to deliver another set of strong results and cement growing views that the global technology sector's recovery is accelerating as an economic recovery boosts corporate and consumer spending.
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Asian stocks rebound, markets await earnings

Asian stocks rebounded on Tuesday, a day after suffering their biggest percentage fall in 10 weeks, as Citigroup's best results since 2007 raised investor optimism about corporate earnings and risk aversion receded.
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U.S. nears decision on China currency probe

The U.S. Commerce Department could decide this week whether to launch a groundbreaking investigation into charges China is subsidizing exports of an aluminum product by undervaluing its currency, a government official said on Monday.
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Lenovo looks to mobile Internet for growth

Lenovo Group, the world's No.4 PC brand, said mobile Internet products will account for 10-20 percent of revenue in five years, as it embarks on a new drive into wireless computing.
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LCD makers' outlook improves on strong TV demand

Top Asian LCD makers are set to report upbeat quarterly results and may forecast robust demand as buoyant TV sales and new product launches such as Apple's iPad reinforce a recovery in the sector.
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Asian stocks, commodities slip as profit takers pile in

Asian stocks suffered their biggest loss in 10 weeks on Monday after U.S. regulators filed fraud charges against Goldman Sachs and China clamped down harder on property speculation, giving investors an excuse to take profits after markets had rallied to multi-month highs.

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