CHINA

China Gas to distribute LPG for PetroChina - CFO

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Piped-gas supplier China Gas Holdings said on Wednesday that PetroChina is in talks to invest in a China Gas unit, which will distribute liquefied petroleum gas (LPG) for Asia's top oil producer.

Back-end of oil futures curve poised to rally

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Future supply shortages could drive up contracts for oil use in several years' time, as they mimic a market for near-term delivery that has more than doubled since the start of the year.
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Gold slips after hitting high, dollar stays down

Gold fell on profit taking on Wednesday after reaching a record high on economic uncertainties and the downtrend in the dollar, while Asian stocks edged higher as hunger for risk stayed high as the year end approached.
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China court rules against Microsoft in IPR case: report

A Chinese court has ruled that Microsoft infringed a Chinese software maker's intellectual property rights in a surprise decision that has renewed concerns about China's management of IPR disputes, the Financial Times reported on Wednesday.
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Virtual pioneers: Macedonia schools to get wired

Practical English Grammar by Correspondence -- a 1973 tome published by the Soviet Union -- sits atop a pile of books on the librarian's desk in Macedonia's Grigor Prlichev elementary school.
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Gold hits another high, Asian shares rebound

Gold hit another all-time high on Wednesday on worries about future inflation and economic uncertainties, while Asian stocks rebounded as the generally bearish dollar kept riskier assets in demand.
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Qualcomm CEO pins hopes on China

Qualcomm, the world's biggest chip maker, said on Tuesday that it expects to sell its TD-SCDMA chips in mainland China within the next year.
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Qualcomm CEO pins hopes on China,

Qualcomm, the world's biggest chip maker, said on Tuesday that it expects to sell its TD-SCDMA chips in mainland China within the next year.
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China studying plan to delay final climate deal

China on Monday distanced itself from proposals to delay a binding climate pact to 2010, but might be willing to sign up to a political deal at climate talks next month if it includes strong commitments from rich nations.
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Climate deal must have immediate effect, Obama says

U.S. President Barack Obama said on Tuesday next month's climate talks in Copenhagen should cut a deal with immediate operational effect, even if its original aim of a legally binding pact is not achievable.
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China, U.S. eye pact to help troubled banks: sources

Chinese and U.S. regulators are negotiating a pact aimed at encouraging Chinese financial institutions to buy into small and medium-sized banks in the United States, bankers briefed on the plan said on Tuesday.
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Much work needed for 2010 Doha deal: WTO's Lamy

World Trade Organization members still have much work to do if they want to achieve their goal of reaching a new deal on opening up global commerce in 2010, WTO Director General Pascal Lamy said on Tuesday.
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China, US eye pact to help troubled banks -sources

Chinese and U.S. regulators are negotiating a pact aimed at encouraging Chinese financial institutions to buy into small and medium-sized banks in the United States, bankers briefed on the plan said on Tuesday.
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Obama says China agrees on Iran nuclear transparency

China and the United States agree Iran must show its nuclear program is peaceful and transparent, President Barack Obama said on Tuesday, but Chinese President Hu Jintao was more guarded on the dispute at a summit in Beijing.
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Denmark expects U.S. greenhouse gas cut at summit

Climate talks host Denmark said on Tuesday it expected Washington to pledge deep cuts in greenhouse gas emissions to help rescue a deal at a December summit even though a full U.N. treaty is out of reach.
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Dollar rebounds broadly as market digests Bernanke

The dollar rebounded on Tuesday from Monday's 15-month lows after Federal Reserve Chairman Ben Bernanke made rare comments about the dollar, encouraging traders to trim longer-term bets against the currency.
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Obama prods China on yuan but Hu silent on issue

U.S. President Barack Obama on Tuesday urged a reluctant China to let its yuan currency rise in value at a summit where strains over trade between the two giants crept into proclamations of goodwill.

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