CHINA

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China's online game revenues hits $4 billion

The pace of growth of China's online gaming industry slowed in 2009, growing 30.2 percent to 27.1 billion yuan ($3.97 billion) over the previous year, according to data from research firm iResearch.

Stock futures up on China trade data

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Stock index futures rose on Monday as China's stronger trade figures stoked optimism in the global recovery and as investors anticipated a profitable earnings report from Alcoa Inc .
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Cellphone use for shopping up: Motorola

A growing number of consumers worldwide used their mobile telephones to help them shop early in the holiday season with usage particularly high among young adults seeking coupons, according to a study sponsored by Motorola Inc and released on Monday.
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Stock futures signal gains; eyes on Alcoa

U.S. stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.52 percent, Dow Jones futures up 0.49 percent and Nasdaq 100 futures up 0.45 percent at 4.15 a.m. EST.
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China lending said to jump, fanning overheating fears

Chinese bank lending surged in the first week of 2010, a state newspaper reported on Monday, adding to the concerns fueled by blockbuster trade data for December that the world's third-largest economy is overheating.
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Vietnam's Qantas/Jetstar probe to last months

Australia's Qantas Airways Ltd expects an investigation into loss making fuel-hedging in its Vietnamese joint venture airline to run for months after two executives were barred from leaving the country.
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Asia stocks hit 17-month high on China export surge

Asian stocks hit a 17-month high on Monday as a strong rebound in China's exports raised investor optimism about Asia's economies while the dollar suffered its biggest loss in six weeks after poor U.S. jobs data.
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Asia stocks at 17-month high on China trade

Asian stocks rose to a 17-month high on Monday as a strong rebound in China's exports raised optimism about the region's economic outlook as the dollar suffered following weak U.S. jobs data.
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China to pick brokerages for margin trade, short selling: report

Eleven Chinese brokerages including Citic Securities Co and Haitong Securities Co will vie to be included in a pilot program for margin trading and short selling following a nationwide test run in 2008, the China Securities Journal reported on Monday, citing an unidentified regulator.
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FOREX-Dlr extends losses, Aussie shines on China data

The U.S. dollar fell on Monday, extending losses after posting its biggest loss in six weeks after U.S. jobs data disappointed, while the Australian dollar soared on the back of strong export numbers from China.
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China exports, imports surge on economic strength

Growth in China's exports and imports last month blew past expectations, providing fresh evidence of the vigor of the economy and strengthening the case for Beijing to let the yuan start climbing again.
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China says active fiscal policies to stay

China will extend active fiscal policies aimed at countering the global economic slowdown into 2010, the nation's finance minister said, warning that departing too early from those policies could damage the economy.
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China's commodity imports soar in Dec.

China ended 2009 with record monthly imports of crude oil and soybeans and a strong appetite for iron ore and copper, while its aluminium and steel sectors saw a welcome increase in export volumes.
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China's commodity imports soar in December

China ended 2009 with record monthly imports of crude oil and soybeans and a strong appetite for iron ore and copper, while its aluminum and steel sectors saw a welcome increase in export volumes.
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China's exports surge in December

Growth in China's exports and imports last month blew past expectations, providing fresh evidence of the vigor of the economy and strengthening the case for Beijing to let the yuan start climbing again.
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CES:Lenovo enters smartphone fracas with LePhone

Lenovo Group Ltd is wading into the smartphone market with a thin, touchscreen device based on Google Inc's Android operating system, following the footsteps of PC rivals like Dell Inc and Acer Inc.
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SouthGobi IPO attracts CIC, Temasek: source

Canada-listed coal miner SouthGobi Energy Resources has secured Asia's top sovereign wealth funds, China Investment Corp (CIC) and Temasek, as cornerstone investors in its planned $400 million Hong Kong IPO this month, a source told Reuters on Friday.

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