CHINA

With Volvo, China eyes M&A abroad to win at home

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Once Li Shufu, head of China's Zhejiang Geely Holding Group, closes the deal to buy Ford Motor's Volvo unit for up to $2 billion, the sedate, safety-conscious Swedish brand may be in the running to replace the Audi A6 as Chinese state officials' car of choice.

North Korea says will release U.S. activist Park

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North Korea said on Friday it will release U.S. religious activist Robert Park, arrested in December for illegally entering the country in a journey to raise awareness about Pyongyang's human rights abuses.
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Google, NSA may team up over cyberattacks: report

Internet search firm Google is finalizing a deal that would let the National Security Agency help it investigate a corporate espionage attack that may have originated in China, the Washington Post reported on Thursday.
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China hits back at Obama over currency

China dismissed U.S. threats to get tough on trade and exchange rates to ensure American goods are not disadvantaged, saying on Thursday that its currency was at a reasonable level.
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Wall Street futures point to weaker open

Stock futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 fall 0.5 to 0.6 percent, pointing to a weaker start on Wall Street on Thursday.
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Asia shares slide; Toyota sinks to ten-month low

Lingering concerns about the global economy and a host of negative local factors pushed Asian stocks lower on Thursday, with Toyota hitting a 10-month low on investor concerns over its massive vehicle recall.
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BofA Merrill sees room to grow on world markets

Investors should consider stepping into equities linked to countries that are the first to raise interest rates, Bank of America Merrill Lynch's chief global equity strategist said on Wednesday.
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Oil slips towards $77 on U.S. crude oil build

Oil slipped toward $77 a barrel on Wednesday after U.S. data showed crude inventories in the world's largest energy consumer rose more than expected while refinery utilization rates fell again.
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China warns against Obama-Dalai Lama meeting

China warned President Barack Obama on Wednesday that a meeting between him and the Dalai Lama would further erode ties between the two powers, already troubled by Washington's arms sales to Taiwan.
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China Internet CEO laments state-controlled media

China will never have its voice heard on the international stage unless the government loosens its tight grip over the media and film industry, the CEO of the country's No. 2 Internet portal said Wednesday.
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Asia shares rise on U.S. cues

Asian shares powered ahead on Wednesday with energy and resources stocks leading the way, as demand for riskier assets increased after Wall Street rallied on upbeat U.S. earnings and economic data.
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Obama to meet Dalai Lama despite China warnings

President Barack Obama still plans to meet the Dalai Lama, the White House said on Tuesday, despite China's warning that such a meeting would hurt ties already strained by U.S. weapons sales to Taiwan.
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Senator presses tech firms on practices in China

A Democratic senator said on Tuesday he has asked 30 U.S. companies, including Apple, Facebook and Skype, for information on their human rights practices in China in the aftermath of Google's decision to no longer cooperate with Chinese Internet censorship efforts.
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Intelligence chief: attacks on Google wake-up call

Recent cyber attacks on Google are a wake-up call and neither the U.S. government nor the private sector can fully protect the American cyber infrastructure, the director of U.S. national intelligence said on Tuesday.

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