CHINA

Chinese online video games company Shanda Games Ltd has raised the number of shares it plans to sell in its initial public offering later this week by nearly a third, with estimated proceeds now reaching $960 million.

Cadbury Plc Chief Executive Officer Todd Stitzer detailed potential benefits from a takeover by Kraft Foods Inc and discussed valuations with investors in comments that could set the stage for talks between the British confectioner and the world's No. 2 food company.

China offered some support on Wednesday to U.S. plans to build a more balanced global economy, as world leaders seek to agree ways to nurture a tentative recovery and prevent future crises.

Chinese President Hu Jintao urged U.S. President Barack Obama not to slap duties on more Chinese goods after a dispute over tires but stressed hopes for steady economic ties ahead of a Group of 20 leaders' summit.

Evergreen Solar Inc has hired a new general manager for its Asia operations, Henry Ng, as the U.S. solar company prepares to expand in China, Evergreen said on Wednesday.

Duke Energy Corp has signed a clean energy technology agreement with China's ENN Group, adding to a deal it struck last month with the country's top power provider in Duke's push to cut carbon emissions.

Hummer plans to invest $9.4 million over five years and take advantage of tax credits to set up a Michigan headquarters after China's Tengzhong acquires the brand from General Motors Co, a Hummer spokesman said on Tuesday.

South Korea's telecommunications regulator said Wednesday that Apple Inc. can sell its hit iPhone in the country, after the Korea Communications Commission lifted a ban on the popular device which may potentially shake up a cell phone market controlled by domestic manufacturers.

Muammar Gaddafi, in his first address to the United Nations in 40 years as Libya's autocratic ruler, on Wednesday accused major powers on the Security Council of betraying the principles of the U.N. charter.

Goldman Sachs' (GS.N) $334 million investment in Geely Automobile Holdings (0175.HK) will boost the Chinese automaker's global ambitions, including a potential bid by its parent for Ford's (F.N) Volvo brand.

A summit of world leaders has dimmed hopes for a strong new U.N. climate pact to replace the Kyoto Protocol in Copenhagen in December, with details looking ever more likely to be left for 2010.

Macquarie Research downgraded the U.S. coal sector to neutral from overweight as it believes that demand for seaborne metallurgical, or steel-making, coal in China is slowing.

The United States is still working toward an agreement with G20 partners to phase out subsidies for fossil fuels, a top White House adviser said ahead of this week's G20 summit.

Cancer is a bigger killer in developing countries than tuberculosis, malaria and AIDS combined and a tsunami of the disease threatens to overwhelm the nations worst equipped to cope, experts said Tuesday.

When the National Day parade rolls down Beijing's streets next week, foreign observers will look beyond the goose-stepping soldiers for signs that China is developing a new missile able to threaten U.S. aircraft carriers.

Sarah Palin, accused during her 2008 U.S. vice presidential campaign of having a limited knowledge of foreign affairs, travelled to Hong Kong to push on Wednesday for stronger ties and trade with China.

India's prime minister called on Group of 20 nations on Wednesday to send a strong warning against protectionism this week as world leaders seek to shore up a tentative global recovery and prevent future economic crises.

The dollar slid to a one-year low against a basket of currencies as market players seized on surprisingly strong New Zealand economic growth data as a reason to push the kiwi dollar higher and dump the U.S. currency.

Leaders from some of the largest Western powers rallied support Tuesday behind a U.S. plan to build a more balanced global economy and warned against returning to business as usual once recovery takes hold.

The first batch of people to receive vaccinations against the new swine flu -- a group of students in China -- has reported no serious side effects, Chinese officials said on Tuesday.

Privately-held Finnish mobile software firm Flander said on Wednesday it has agreed to buy China's Symbio expanding its offering and creating one of the largest outsourced product development firms in the world.