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Rio Tinto CEO says respectfully awaiting China trial outcome

Rio Tinto Chief Executive Tom Albanese said he was respectfully awaiting the outcome of China's trial of four of the company's employees, which began on Monday.

Yuan in global FX reserves as soon as 2025: c.banker poll

China's yuan could become a reserve currency accounting for at least five percent of global foreign-exchange reserves as early as 2025, central bankers said in an annual global survey.

BofA CEO Moynihan makes first trip to China: report

Bank of America Corp Chief Executive Brian Moynihan is making his first trip to China this week as the U.S. lender pushes to catch up with rivals in the world's fastest-growing economy, the Wall Street Journal reported, citing people familiar with the situation.

China vows to hit back if targeted by U.S. on yuan

Beijing will retaliate if the United States declares China a currency manipulator and imposes trade sanctions, Commerce Minister Chen Deming said on Sunday, firing the latest salvo in a spat over the value of the yuan.

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Gold slowly making way for platinum in India

After China, platinum jewellery is making inroads in India now. Till now, Indians have been ardent lovers of gold, buying it on every auspicious occasion. Indians are the biggest consumers of the yellow metal in the world. But, things are changing slowly. Platinum is the new craze for younger generation and they go for the white metal.

China inflation goal tough but reachable: official

China's 2010 inflation goal of 3 percent is tough but achievable, with good grain supplies and excess capacity helping keep prices down, while growth should hit 8 or 9 percent, senior government advisers told a conference on Saturday.

China to probe into carcinogenic edible oil supplies

Chinese food safety regulator, State Food and Drug Administration is said to have ordered a thorough investigation into the unhygienic supplies of edible oil, which is estimated to be about one-tenth of total Chinese edible oil supplies.

China banks profit growth to speed up on stimulus exit

China's leading banks will likely affirm their lending will remain brisk and be more profitable this year, their immediate capital needs have been met and that souring loans are at manageable levels.

Gold is money

Most investors confuse money and currency, but they are not the same thing. Money is defined as a medium of exchange, a unit of account and a store of value.

Futures little changed, bank shares in focus

Stock index futures were little changed on Friday, with bank stocks in focus after bailed-out British lender Lloyds Banking Group Plc said it would return to profitability in 2010.

Arrow shares halted; Shell/PetroChina to sweeten bid?

Australia's Arrow Energy Ltd asked for trading in its shares to be suspended on Friday, stoking speculation that Royal Dutch Shell and PetroChina would sweeten their joint $3 billion offer for the coal-seam gas producer.

Stock futures signal mixed open; Palm eyed

Stock index futures pointed to a mixed opening on Friday, with futures for the S&P 500 down 0.02 percent, Dow Jones up 0.1 percent and Nasdaq 100 down 0.01 percent at 1008 GMT (6:08 a.m. ET).

Google may announce China plans next Monday: report

Google Inc may make an announcement next Monday about whether it will pull out from China, the China Business News reported on Friday, quoting an unnamed Google employee.

China tries to cool yuan dispute with U.S.

China on Friday said it was sending an envoy to Washington to try to ease trade frictions as its currency regime comes under fire, warning that threats from U.S. legislators could stifle room for progress.

Asia stocks head for 6th week of gains

Asian stocks rose for a sixth straight week on Friday, their longest string of weekly gains since a global bull market began a year ago, with consumer-related shares leading the way on hopes of a steady economic recovery.

China quality watchdog says some HP laptops faulty

China's quality control watchdog said an investigation into Hewlett-Packard Co showed the company had sold some faulty laptop computers, and ignored consumer protection regulations.

Cybersecurity needs global rules: British lawmakers

Lawmakers would seek to end current ad hoc international efforts, echoing industry calls for worldwide rules.

WTO needs political miracle for 2010 Doha deal

Members of the World Trade Organization are likely to conclude next week that it will take a political miracle to agree a new trade deal this year, consigning yet another Doha round deadline to the dustbin.

U.S. tells China yuan issue is of real concern

The United States kept up pressure on China on Thursday to let the yuan climb as Beijing disclosed it was sounding out exporters on whether they could cope with a stronger exchange rate.

China Mobile growth prospects improve

China Mobile's forecast-beating results suggest its years of investment in data services is paying off, helping the world's largest mobile carrier report an unexpected rise in revenue per user.

Microsoft MSN China top exec to leave

A top executive for Microsoft Corp's MSN China will leave the joint venture, Microsoft said on Thursday, in a setback as the firm struggles to compete in China's hotly contested social networking space.

Rise in yuan would be disastrous: China export body

A rise in the yuan would be a disaster for labor-intensive Chinese exporters, a semi-official trade group said on Thursday, as frictions grow with the U.S. and other Western powers over Beijing's stable currency policy.

Yuan rise would be disastrous: China export body

China faces important negotiations on yuan: U.S.

China faces important negotiations over its exchange rate in coming weeks, the U.S. ambassador to China said on Thursday, adding that it was not just the United States that wanted action on the Chinese yuan.

China Mobile posts forecast-beating profit

China Mobile, the world's largest mobile operator, reported a 3.6 percent rise in fourth-quarter profit on Thursday, its best profit in a year and beating expectations as revenues per user posted a rare rise despite intense competition.

Nike beats Street view, shares sprint higher

Nike Inc posted a return to sales and profit growth on Wednesday and forecast higher expected orders around the world after a year of declines, sending its shares up more than 3 percent.

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