CHINA

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China mulls military options over hijacked ship

China has not ruled out military action to rescue the crew of a coal ship hijacked by Somali pirates, but is also open to negotiations over what a Chinese military officer said on Thursday could be a long standoff.

Two Koreas held secret talks for summit: report

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The two Koreas met last week in secret in Singapore to discuss a summit, a broadcaster in the South said on Thursday, an encounter that follows Pyongyang's bid to reach out to its rivals after being hit by U.N. sanctions.
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Executive hiring in Asia improves sharply: survey

Job prospects for executives at multinationals in Greater China and Singapore have improved sharply in the past three months amid growing optimism that Asia's recovery from the global recession will be sustainable, a quarterly survey showed on Thursday.
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BHP chairman tells China: game on

Global miner BHP Billiton acknowledged on Thursday that it and other iron ore producers had at times upset their major customer China and said that Beijing realised it had to play with the big boys.
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Asia shares fall, dollar gains after China data

Asian shares fell on Thursday amid disappointment that robust Chinese growth data offered few surprises, but the dollar gained some respite as an expected shift to higher-yielding currencies failed to materialize.
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Chinese growth quickens in Q3, as expected

China's economic growth picked up as expected last quarter as a potent cocktail of breakneck investment and buoyant bank lending more than made up for a slump in exports, the government said on Thursday.
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Climate cooperation to help ties, Hu tells Obama

Chinese President Hu Jintao has told his U.S. counterpart Barack Obama that closer cooperation on fighting climate change could help improve overall ties between the world's top two greenhouse gas polluters.
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Suntech focuses on utility market with new system

Chinese solar panel maker Suntech Power Holdings Co Ltd (STP.N) said on Wednesday it will begin shipping a new solar system for large-sized projects next year, betting that the U.S. solar utility market will heat up.
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India, China leaders to meet amid war of words

India's Prime Minister Manmohan Singh is likely to meet his Chinese counterpart Wen Jiabao on Saturday, hoping to douse an escalating verbal duel between the Asian giants centered around their decades-old border dispute.
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China's army to recruit 130,000 college grads

China's army will recruit 130,000 graduates from Chinese universities and colleges this winter to raise the quality of the armed forces and help solve the job crisis facing graduates.
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Gates pushes Japan on U.S. troop shift plan

U.S. Defense Secretary Robert Gates pressed Japan on Wednesday to implement quickly a deal to reorganize the U.S. military presence in the country, an issue that could test ties with Tokyo's new government.
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Historical drama sets box-office record in China

The Founding of a Republic has become the highest-grossing Chinese film in China's box-office history, earning 406 million yuan ($58.4 million) since its September 16 debut, a China Film Group spokesperson told the Xinhua News Agency.
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Carmakers going greener with electric push

Nissan Motor Co unveiled a sketch of its first all-electric light commercial vehicle and Toyota Motor Corp introduced an electric car concept, underscoring carmakers' drive into zero-emissions vehicles.
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Japan automakers look beyond U.S. as strong yen bites

Japanese automakers such as Honda and Nissan want to reduce their reliance on the U.S. market, where weak demand and a falling dollar have slashed profits, even as a poor turnout at their flagship auto show highlights the challenges at home.
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Profit taking drags on Asia stocks

Profit taking in technology stocks pushed Asian shares slightly lower on Wednesday, though they remained near a 15-month high, while some stability in the U.S. dollar and a rise in inventories knocked oil below $79 a barrel.
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EU fails to agree climate funds

Talks on a new U.N. climate deal stumbled on Tuesday when European Union finance ministers failed to agree funds for poor countries and India reiterated demands for aid to help curb its emissions.
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U.S. must tackle emissions first: Chu

The United States should get its own carbon-emitting house in order before looking to slap tariffs on energy-intensive goods from developing countries like China and India, U.S. Energy Secretary Steven Chu said on Tuesday.
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U.S. official invited to visit Taiwan

U.S. Veterans Affairs Secretary Eric Shinseki has been invited to Taiwan in what would be Washington's first high-level visit to the island since 2000, officials said Tuesday.

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