CHINA

China trial of leading dissident draws outcry

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One of China's most prominent dissidents, Liu Xiaobo, fought subversion charges at a trial on Wednesday that drew an outcry from local activists and foreign governments angered by Beijing's crackdown on political dissent.
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Commercial Metals posts Q1 loss, sees weak Q2

Commercial Metals Co (CMC.N) posted a first-quarter loss, hurt by lower steel demand and prices at its Americas fabrication and distribution segment, and expects the second quarter to be in line with the current quarter's results.
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China CNR raises $2.04 billion in Shanghai IPO

China CNR Corp (601299.SS), one of the country's two big train makers, has priced its A-share initial public offering at 5.56 yuan a share, the top of an indicated range, raising 13.9 billion yuan ($2.04 billion).
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Fiat meets government to thrash out production plans

Fiat may offer to raise car production in Italy 50 percent when it holds preliminary talks with the government on Tuesday, in return for tax breaks on some car sales and possible help in reducing labour costs.
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China to require Internet domain name registration

China has issued new Internet regulations, including what appears to be an effort to create a whitelist of approved websites that could potentially place much of the Internet off-limits to Chinese readers.
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France says will keep using stolen Swiss bank tax data

France will continue to use data stolen from a Geneva private bank in its drive against tax evasion, its budget minister said on Tuesday, a day after French officials agreed to return the client lists to Switzerland.
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Stock futures signal more gains; eyes on data

U.S. stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500 up 0.28 percent, Dow Jones futures up 0.27 percent and Nasdaq 100 futures up 0.51 percent at 3:40 a.m. EST.
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China blamed for climate failures

The Britain's climate change secretary Ed Miliband said Monday that China had led a group of countries that hijacked the negotiations, admitting that Copenhagen summit failed to achieve what had been hoped for.
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U.S. cap and trade looks out of reach in 2010

U.S. lawmakers face an uphill battle enacting a climate bill in 2010 that includes a cap-and-trade market in greenhouse gases, after this month's U.N. meeting in Copenhagen failed to hammer out a global pact on emissions cuts.
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Q+A: What Copenhagen Accord means for prices, markets

European carbon prices crashed by almost 9 percent on Monday after UN climate talks ended on Saturday with a bare-minimum agreement between after the U.S., China and a few other emerging powers that falls far short of the conference's original goals.
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WTO sets panel on China raw material export curbs

The World Trade Organization set up a panel on Monday to rule on complaints by the United States, European Union and Mexico about Chinese curbs on exports of raw materials important to their own industries.
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EU carbon closes at 6-month low on Copenhagen Accord

The benchmark contract for European Union carbon emissions futures closed at a six-month low on Monday, having fallen as much as 9 percent in intra-day trade after a weak U.N. climate deal disappointed investors.
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DEALTALK-BHP heading for the exit in nickel?

BHP Billiton (BHP.AX) may quit the nickel business as early as next year after selling two major nickel divisions in four months, though it still produces more than a tenth of the world's nickel in Australia and Colombia.
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Safran/GE venture wins lucrative China plane deal

The CFM International aero-engines joint venture of French group Safran and General Electric has won a multi-billion dollar deal to supply engines for China's future C919 plane, Safran said on Monday.
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Stock futures signal gains; eyes on pharmas

Stock index futures pointed to a slightly higher opening on Wall Street on Monday, with futures for the S&P 500 up 0.13 percent, Dow Jones futures up 0.1 percent and Nasdaq 100 futures up 0.07 percent at 0845 GMT (3:45 a.m. EST).
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Banks weigh on Asian shares, dollar steady

Asian share markets struggled to hold early gains on Monday, with bank shares pressuring some lower even as tech stocks gained, while the dollar held steady on the yen and hovered near a three-month high on the euro.
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Mexico next stop to salvage UN climate talks

The world will find it hard to get U.N.-led climate talks back on track in Mexico in 2010 after an unambitious deal agreed in Copenhagen set no firm deadline for a legally binding treaty.
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Thousands protest in Taiwan over China trade talks

Thousands of people marched in Taiwan on Sunday to protest against warming ties with political rival China, a day before Beijing's top negotiator arrives on the island for talks on a landmark free trade pact.

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