CHINA

Chen Tonghai, a former chairman of China's second-biggest oil refiner Sinopec Corp, was given today a two-year reprive from a death sentence for accepting millions of dollars in bribes, Reuters reported.

China is on course to hit its 8.0 percent growth target this year and become the first major economy to pull decisively out of the global slump, according to a Reuters poll.

President Dmitry Medvedev will defend a Russia-backed deal to buy German car maker Opel and seek more support for the Nord Stream gas pipeline project when he visits Munich on Thursday, a top Kremlin aide said.

China and the United States, the world's two largest emitters of greenhouse gases blamed for global warming, launched a joint research effort Wednesday to produce more fuel-efficient vehicles and buildings.

Prices up more than expected in June, U.S. inventories weekly report, U.S. Officials visit China to highlight clean energy

The U.S. Energy Department will release its weekly petroleum supply report at 10:30 a.m. EST. U.S. Energy Secretary Steven Chu and Commerce Secretary Gary Locke arrive to China to stay through July 17 to highlight the potential for mutually beneficial relationships in the clean energy sector. The 20th World Oil Forum 2009 ends in London, UK .

China's Ministry of Commerce on Wednesday played down reports that it is at odds with the economic planning agency over a controversial deal for a little-known Chinese company to buy GM's Hummer unit.

China's Ministry of Commerce on Wednesday played down reports that it is at odds with the economic planning agency over a controversial deal for a little-known Chinese company to buy GM's Hummer unit.

China has warned its citizens in Algeria about possible attacks from al Qaeda in retribution for a Chinese government crackdown in the Muslim region of Xinjiang.

Intel Corp's quarterly results and outlook blew past Wall Street forecasts on better-than-expected consumer demand for PCs, especially in Asia, setting an auspicious tone for the technology sector.

China on Tuesday denied restrictions on cooperation between domestic and foreign companies, saying the allegedly Rio spy case won't hamper iron ore talks.

Users of Microsoft's Office software for Windows PCs have suffered from attacks since last week through a zero-day leak, and local newspaper in China reported on Tuesday one million Chinese suffered from the attack since June 6.

Yum Brands Inc , parent of the Taco Bell, Pizza Hut and KFC chains, cut its full-year forecast for sales on weakness in its two biggest markets, the United States and China, and its shares fell 3.9 percent.

An Al-Qaeda branch in North Africa threatened to take revenge on oversea Chinese for the deaths of Muslim Uygurs in the deadly July 5 violence in China's Xinjiang, Bloomberg reported on Tuesday, citing a report from a risk analysis company.

China's Baosteel will raise prices of its major steel products by 9 to 13 percent next month, more than expected, a move that may suggest mills have effectively given up their battle for lower iron ore prices.

Australian Prime Minister Kevin Rudd said on Tuesday efforts to free an Australian detained in China over claims of spying took precedent over bilateral ties and he was not worried about antagonizing Beijing.

Goldman reports soaring 2Q profits, Treasury Sec. says economy improving quicker than expected, J&J beats expectations

Oil giant Exxon Mobil Corporation announced Tuesday it will invest more than $600 million and partner with biotech firm Synthetic Genomics Inc.to develop biofuels from photosynthetic algae at a large scale.

China on Tuesday dismissed Turkey's accusation of genocide in its northwestern Muslim region of Xinjiang, where rioting killed 184 people, mostly majority Han Chinese.

Wuhan, Chongqing and Chengdu aren't exactly names that roll off the tongue for foreign investors in China's real estate, but these cities may offer more bang for the buck than their more-famous coastal cousins or capital Beijing.

Hyundai Motor Co (005380.KS), South Korea's top carmaker, on Tuesday said it has raised its 2009 target for sales in China for a second time because of stimulus measures by the Chinese government to boost demand and as the company plans to launch new models.