CHINA

Dallas Federal Reserve President Richard Fisher said on Tuesday that China would not do anything to hurt U.S. interests because the fate of the two economic giants was closely entwined.

The Security Council on Monday unanimously condemned North Korea's long-range rocket launch nearly two weeks ago as contravening a U.N. ban, and demanded enforcement of existing sanctions against Pyongyang.

Oil fell more than 4 percent on Monday after the International Energy Agency slashed its forecast for oil demand, offsetting the impact of data showing Chinese crude imports rose to their second highest level ever.

China has promised its citizens stronger legal protection, improved incomes and expanded channels to complain as part of its first human rights action plan, which casts the Communist Party government as guardian of rights.

The U.N. Security Council will meet on Monday to approve a statement condemning North Korea's rocket launch and demanding enforcement of existing sanctions against Pyongyang, a Mexican diplomat said.

China has unveiled plans to establish a $10 billion investment fund for south-eastern Asian countries.

Oil fell more than $1 a barrel on Monday after the International Energy Agency slashed its forecast for oil demand, offsetting the impact of data showing Chinese crude imports rose to their second highest ever.

China had planned to announce a $10 billion infrastructure investment fund and offer credit to neighbors at a canceled weekend summit of Asian leaders in Thailand, its foreign minister said. Anti-government protestors forced the cancellation of the summit in Pattaya after they swarmed into the summit venue.

Oil fell toward $49 a barrel on Monday after the International Energy Agency cut deeply its forecast for oil demand, offsetting the impact of data showing Chinese crude imports rose to their second highest ever.

The U.S. Treasury Department announced on Monday that Group of Seven finance ministers will meet in Washington on April 24 and follow that gathering up with a Group of 20 ministerial session.

Iran said on Monday it would welcome constructive dialogue with six world powers, including the United States, in its clearest signal yet it will accept an invitation for talks on its disputed nuclear work.

Oil fell toward $49 a barrel on Monday after the International Energy Agency cut deeply its forecast for oil demand, offsetting the impact of data showing Chinese crude imports rose to their second highest ever.

Oil fell below $50 a barrel on Monday after the International Energy Agency cut deeply its forecast for oil demand, offsetting the impact of data showing Chinese crude imports rose to their second highest ever.

South Korean flat screen maker LG Display and two Taiwanese rivals are expected to report another quarter in the red, but losses in January-March likely narrowed from the previous quarter, driven by booming sales in China.

Want Want China plans to make a second listing in Taiwan on April 28, becoming the first such firm to return to its home market to list under relaxed regulations, an industry source said on Monday.

South Korea on Monday expressed its concern about China's rise as a global economic power in a rare note that said the ascent of its powerful neighbor could harm its own economic growth.

Oil fell to around $51 a barrel on Monday after the International Energy Agency cut deeply its forecast for oil demand, offsetting the impact of data showing Chinese crude imports rose to their second highest ever.

Oil fell to around $51 a barrel on Monday after the International Energy Agency cut deeply its forecast for oil demand, offsetting the impact of data showing Chinese crude imports rose to their second highest ever.

Asian stocks rose on Monday on hopes for the global economy, with Taiwan shares hitting a near 7-month closing high, while oil prices slipped below $52 after a dramatic oil demand downgrade by the International Energy Agency.

(Corrects in paragraph 8 KOSPI's closing level to 1,338.26, not 1338.16)

Oil fell to around $51 a barrel on Monday after the International Energy Agency cut its forecast for oil demand, overshadowing data showing Chinese crude imports rose to their second highest ever.