CHINA

Don't cry for the dollar, yet

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Its sharp decline in the last week has pushed the euro to its highest level in a year and reignited fears that there's only one place for the dollar to go, and that's down. Rhetoric from influential investors like Warren Buffett as well as big foreign buyers of U.S. debt like China and Russia has fed that sense of doom.

China economic outlook rosy

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China's central bank said on Saturday it had done a good job promoting economic growth and would keep implementing pro-growth policies as set by the country's top leadership at a meeting this week.
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China warns of stability threat from H1N1 flu

China's public security ministry has warned police to be on guard against any threats to public order linked to the spread of the H1N1 strain of flu, including the spreading of rumors and price-gouging for drugs.
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China regulator OKs 6 more firms for second board

China's securities regulator has approved another six firms' applications for listing on the country's second board in Shenzhen, a badly needed source of funding for start-ups in the world'sm third largest economy, the offical Xinhua news agency said on Friday.
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Airline workers may spread H1N1, expert says

Airline employees who report to work ill are more likely than sick passengers to spread infections such as the H1N1 swine flu virus aboard airplanes, with low-paid workers posing the greatest danger, a U.S. government expert said on Thursday.
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Galaxy sees Macau gaming recovery, welcome IPOs

Galaxy Entertainment Group Ltd, which reported its best half-year earnings since 2005, said it saw signs of recovery in Macau's gaming sector and would welcome Las Vegas operators listing their Macau assets in Hong Kong.
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Goldman to sell Sanyo stake for $648 mln profit

Goldman Sachs said it agreed to sell part of its stake in Japan's Sanyo Electric Co Ltd into a planned tender offer by Panasonic Corp, locking in 59 billion yen ($648 million) in profit.
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North Korea's nuclear vows fail to sway skeptics

North Korean leader Kim Jong-il told a visiting Chinese envoy he will work to end his country's nuclear arms program through multilateral talks in an apparent breakthrough, but similar vows in the past have not been met with action.
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G20 leaders set to curb bonuses, keep stimulus

World leaders are likely to agree to curb bank bonuses at next week's G20 summit and want evidence recession is over before they stop spending to prop up their economies, European heads of government said on Thursday.
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California moving to boost small solar projects

Solar power makers will get a boost in California, already their largest U.S. market, as it sharpens its focus on small-scale projects as part of efforts to get a third of its power from renewable energy.
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China's cancer villages bear witness to economic boom

One needs to look no further then the river that runs through Shangba to understand the extent of the heavy metals pollution that experts say has turned the hamlets in this region of southern China into cancer villages.
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China Inc: Not just a maker but new owner of fashion

After decades of Made-in-China garments, China's fashion industry is keen to move on from being just a mass manufacturer of clothes -- it wants to own western brands and to sell them to China's 1.3 billion consumers.
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G20 stands firm on economic support pre-summit

World leaders will commit to keep spending to prop up their economies at a G20 summit next week, Russia said on Thursday, while France appeared to tone down its rhetoric on the issue of bank bonus caps.
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G20 firm on economic support

World leaders will commit to keep spending to prop up their economies at a G20 summit next week, Russia said on Thursday, while France appeared to tone down its rhetoric on the issue of bank bonus caps.
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China anniversary puts security jitters on show

The Chinese government is flooding Beijing with armed police and up to one million security volunteers to head off any unrest over October's sensitive anniversary of 60 years of Communist Party rule.
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China sentences 4 syringe attackers in Xinjiang

Four Uighur men were sentenced to between eight and 15 years in prison for stabbing a Han Chinese woman in the neck with a syringe in the capital of the ethnically divided Xinjiang region in China's northwest.
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Obama to reassure G20 on Wall Street reform

President Barack Obama will pledge U.S. action on financial regulatory reform at the Group of 20 summit in Pittsburgh and underscore the need for global coordination on the issue, a senior aide said on Wednesday.

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