CHINA

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China says U.S. Internet accusations baseless

China hit back at U.S. criticism of Internet censorship and hacking on Friday, warning that relations between the two global heavyweights were being hurt by a feud centered on web giant Google.

GM, VW best positioned in key emerging markets: study

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General Motors Co and Volkswagen are best positioned in the largest and fastest-growing emerging markets at a time when auto sales in those countries could grow over 40 percent by 2014, a study released on Thursday said.

McDonald's profit, December same-store sales rise

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McDonald's Corp posted higher quarterly profit helped by strength in Europe and a small rise in December sales in the United States, where high unemployment and rampant discounting are straining results.
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Tech group to launch digital music file successor

A leading technology company is set to launch a new digital music file format which will embed additional content for fans including lyrics, news updates and images in what could be a successor to the ubiquitous MP3 file.
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Media in China dismiss U.S. Internet push

Chinese media on Friday dismissed Washington's call to lift Internet censorship, after a top Chinese diplomat warned the Obama administration to heed alarm bells over trade, Taiwan and Tibet.
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South wants N.Korea back at nuclear talks mid-Feb

South Korea's foreign minister said on Friday he wants to see dormant international talks on ending North Korea's nuclear arms programme resume in February without Pyongyang attaching conditions to its return.
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China-led group may discuss climate fund for poor

A meeting of four of the world's fastest-growing carbon emitters on Sunday ahead of a Jan. 31 deadline for countries to submit their action plans to fight climate change may discuss a climate fund for poorer nations.
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China lashes back at U.S. over Internet criticism

China hit back hard against U.S. criticism of Beijing's controls over the Internet, saying on Friday that Washington's push against online censorship could harm relations between the two big powers.
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Google profit rises, revenue misses some forecasts

Google Inc was among the first technology companies to shake off the recession last year, but the Internet giant's fourth-quarter report could not satisfy investors' increasing demand for stronger growth.
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Brazil to create climate fund, technology for poor

Brazil will propose the creation of a joint fund with China, India and South Africa to help poor countries adapt to global warming as part of a broader attempt to revive stalled global climate talks.
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Google 'quite committed' to staying in China

Google said that it was quite committed to staying in China on Thursday, giving the first indication that it would like to repair ties after threatening to leave the country last week.
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Financial and Tech stocks plunge in after-hours trading

After the Nasdaq composite index closed down 1.12 percent to trade at 2,265.7 and the S&P 500 index fell 2.01 percent to close at 1,116.48, Google (NASDAQ:GOOG) and several lesser known tech and financial companies reported earnings.
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Motorola taps Baidu, others for China search

Motorola Inc is letting consumers in China use Baidu Inc or other rivals as default Web search services instead of Google Inc, on phones using Google's Android operating system.
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Wall St drops on Obama bank limits plan

Stocks suffered their worst one-day percentage drop since October on Thursday as U.S. President Barack Obama proposed tough restrictions on banks that would squeeze profits.
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Clinton urges Internet freedom, condemns cyber attacks

U.S. Secretary of State Hillary Clinton on Thursday called for an unfettered worldwide Internet and urged global condemnation of those who conduct cyber attacks, as China sought to contain tension with the United States over the hacking and censorship of Google.
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Market sinks as Obama takes aim at banks

Stocks suffered their worst one-day percentage drop since October on Thursday as U.S. President Barack Obama proposed tough restrictions on banks that would squeeze profits.
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Oil falls over 2 percent

Oil prices fell more than 2 percent to a 2010 low around $76 a barrel on Thursday, after government data showed a sharp drop in U.S. refining activity to nearly its lowest level in 25 years, indicating weak demand for fuels.
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Clinton condemns Internet censorship

Hillary Clinton made unrestricted Internet access a US foreign policy priority, and urged China to investigate alleged cyber-attacks originating from its borders.
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Clinton extols Internet freedom

Secretary of State Hillary Clinton unveiled a new US policy hoping to encourage the world governments to ensure their citizens have open access to the Internet.

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