CHINA

Stocks opened lower on Wednesday as a larger-than-expected 2.5 percent drop in June new orders for long-lasting U.S. manufactured goods revived worries that the economic recovery might be weak.

Stocks opened lower on Wednesday as a larger-than-expected 2.5 percent drop in June new orders for long-lasting U.S. manufactured goods revived worries that the economic recovery might be weak.

Stocks headed for a lower open on Wednesday as a larger-than-expected 2.5 percent drop in June new orders for long-lasting U.S. manufactured goods revived worries that the economic recovery might be weak.

Rich nations must agree to large, measurable cuts in their greenhouse gas emissions, if the world is to set a framework to tackle global warming at U.N.-led talks in December, a senior Chinese official said on Wednesday.

Japanese car manufacturers unexpectedly posted profits on Wednesday and Mercedes-maker Daimler forecast improving performance this year but clear sings of sustained recovery for the world's battered auto sector remained elusive.

Stock index futures fell on Wednesday as a drop in commodity prices looked set to weigh on shares of natural resource companies and investors digested the impact of an overnight sell-off in Chinese stocks.

Japanese carmakers Honda and Nissan unexpectedly clung to profits in the first quarter and either raised or stuck to their full-year forecasts, while France's Peugeot swung to a loss.

A late sell-off on Shanghai's stock market depressed emerging market stocks on Wednesday and took Asian shares off multi-month peaks, although the mood failed to carry over into Europe.

Honda Motor Co , Japan's No.2 automaker, posted an 88 percent fall in operating profit as demand slumped, but beat expectations for a loss and lifted its forecast for the year on the back of an improved outlook for its global car sales.

Asian shares tumbled from multi-month peaks on Wednesday, in a sell-off led by the Shanghai market, as investors booked in profits ahead of more company earnings.

Asian shares hovered near their 10-month peaks on Wednesday as investors wait for more company earnings, but China's CSCEC made a blockbuster listing in Shanghai.

The United States and China, the world's largest emitters of greenhouse gases, signed an agreement on Tuesday that promises more cooperation on climate change, energy and the environment without setting firm goals.

China and the United States signed a memorandum promising greater cooperation in tacking climate chaneg, energy and the environment. BP Plc and Valero Energy Corp. reported earnings for the second quarter reflecting the economic downturn has hit hard the oil industry.

The Japanese government has approved Suning's plan to purchase a stake in Japanese home appliance retailer Laox Co., China's leading retailer said on Tuesday.

China Unicom, the country's second largest wireless carrier, has reached an agreement with Apple as its sole iPhone partner in China for three years, and Apple's 3 G iPhone will be sold by the end of September, the ccidnet.com reported on Tuesday.

The United States and China agreed on a broad framework of cooperation on Tuesday as they strive to lead the global economy out of recession and forge a closer alliance on tough environmental and political issues.

Exiled Uyghur leader Rebiya Kadeer has arrived in Japan despite China's displeasure, and China in response strongly condemned Japan for allowing the visit as she was accused of instigating the deadly ethnic riots in Xinjiang.

The Dalai Lama may not be the first person who comes to mind for business advice but, as the Buddhist monk wrote in his new book, capitalism can profit from Buddhism's principles and values.

A Chinese manufacturer filed a patent infringement suit against U.S. retailer giants, marking a rare case that a Chinese firm seeks to enforce patent rights in a U.S. court.

The European Union (EU) said on Monday it'd levy 24% anti-dumping duty on China's steel and wire rod for a period of five years.

Nepal, under increasing pressure from China, was cracking down on Tibetan refugees despite centuries of shared culture with Tibet, the International Campaign for Tibet (ICT) said on Tuesday.