CHINA

Kim using military might to stem North Korean woes

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North Korean leader Kim Jong-il is likely in good health and his grip on power strong but he appears to have needed displays of military might to counter a rise in domestic unrest, a South Korean cabinet minister said on Monday.

Oil falls below $69 on stronger dollar

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Oil dropped below $69 a barrel on Monday pressured by a stronger dollar and weaker European equities, but attacks on the oil industry in top African exporter Nigeria limited losses.
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Nortel selling wireless unit to Nokia Siemens

Telecom equipment maker Nortel Networks said on Friday that it will sell its advanced wireless technology business to Nokia Siemens Networks for US$650 million and that it was making progress in talks to sell its other businesses.
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Hummer and China’s Tengzhong a good fit: GM

Negotiations are under way between General Motors (GM) and Sichuan Tengzhong Heavy Industrial Machinery over the proposed purchase of Hummer, and the deal is a perfect fit according to GM’s CEO Jim Taylor.
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Swine flu cases jump in Asia

According to the latest statistics from World Health Organization (WHO), the total number of confirmed influenza A/H1N1 cases had jumped to 2718 in 18 Asian countries by Friday.
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Google China ordered to block porn access

China's Internet watchdog on Friday ordered Google to stop overseas websites with pornographic and vulgar content from being accessed through its Chinese-language search engine.
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IMF sees stronger 2010

European Union leaders will agree more steps on Friday to avert a repeat of the banking crisis that has sapped the world economy and the IMF said 2010 might deliver stronger growth than earlier forecast.
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Chinese TV employees suspended for Tiananmen broadcast

Several staff at a Chinese television station were suspended from their jobs after footage of the 1989 Tiananmen Square protests slipped past censors and was broadcast to the public, a human rights group said on Friday.
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Incentives add shine to China solar drive

Beijing's bid to boost the solar energy sector could draw more than $10 billion in private funding for projects and put China on track to become a leading market for solar equipment in the next three years.
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Nuclear nations rush to lock in uranium deals

A global shift toward nuclear power is prompting countries to rush to lock in long-term access to tight supplies of uranium, and China and India look to be the next players to get in on the action.
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Beijing seeks volunteers to monitor Internet: Xinhua

The city of Beijing will recruit tens of thousands of volunteers to monitor the Internet, state media said on Friday, echoing decades of mobilizing senior citizens and other volunteers to patrol its neighborhoods.
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LCD TV sales outlook raised for 2009: DisplaySearch

Global LCD TV sales volume is expected to increase by 21 percent this year, faster than a previous forecast, helped by strong sales in developed markets and China's stimulus spending program, speeding up the transition to flat-screen TVs, DisplaySearch said.
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Inland China starts to feel the downturn

China's inland provinces are starting to feel the pinch of the global economic downturn companies and officials said at the 20th China Harbin International Economy and Trade Fair

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