CHINA

The dollar will remain the world's dominant reserve currency and a strong U.S. currency is critical to pull the world out of crisis, World Bank President Robert Zoellick said on Tuesday.

Google China has officially launched its free MP3 search engine after sealing deals with four major music labels -- Warner Brothers, Universal Studios, EMI and Sony-- and over 140 indie labels.

Auto brand Detroit Electric Holdings Ltd will partner with the Malaysian auto manufacturer Proton Holdings Berhad to produce pure electric sedan vehicles in the U.S., U.K. Europe and China markets due in 2010, the companies said Monday.

China Construction Bank (CCB), the world's second-largest lender by market value, said on Monday it would be reasonable for major shareholder Bank of America to reduce its stake to 10 percent.

Google Inc on Monday launched free downloads of licensed songs in China, while sharing advertising revenue with major music labels in a market rife with online piracy.

U.S. President Barack Obama's administration promised to push for a new United Nations climate treaty on Sunday but said Washington had no magic wand and that all countries had to help.

Nokia's pull-back from using subcontractors in phone-making will shed more than $5 billion in revenue from electronics contract manufacturers, research firm iSuppli said on Friday.

Apple could capture nearly 20 percent of China's sizable smartphone market, giving it a considerable boost in users as its popular iPhone crosses the Pacific, analysts contend.

Things are getting tense at Japanese brokerage Nomura Holdings .

Asian stocks dipped on Friday, but still headed for their best weekly gain in four months as hopes the global economy could not get any worse continue to bolster riskier assets.

Asian stocks rose on Friday, trying for a fifth day of gains, as hopes the global economy could not get any worse kept investors buying riskier assets, though U.S. and Japanese data left some doubts lingering.

US Treasury futures seesawed between the recent ranges defined by last week’s FOMC post meeting rally. The markets ended the session posting strong gains after

An International Criminal Court arrest warrant for Sudan's President Omar Hassan al-Bashir may have compromised the quest for peace in Darfur, a U.N. and African Union mediator said on Thursday.

The following is an open letter from Franck Biancheri Director of studies of LEAP/E2020 to the G20.

ING has shelved plans to apply for a banking license in China and plans to exit one of its two insurance joint ventures there, as it looks to shore up its capital needs, a top executive said on Thursday.

China on Thursday slammed a Pentagon report on its growing military might, saying criticism of China's lack of transparency betrayed Washington's Cold War mindset and risked damaging ties.

One month of improved data does not constitute an economic recovery and recession in the United States will last for at least a few more months, Atlanta Federal Reserve President Dennis Lockhart said on Thursday.

Dell Inc's China sales grew 28 percent in unit terms in the year to January, accounting for about 5 percent of the company's global business, Chief Executive Michael Dell said on Thursday.

Mining giant Rio Tinto said it could sell more assets and reschedule debt if a proposed $19.5 billion tie-up with China's state-owned aluminum firm Chinalco fails to go ahead.

Denmark boasts the world's most networked economy, putting it and its Nordic neighbors in a good position to rebound from the current global downturn, the World Economic Forum said on Thursday.

Most economic data suggest recession in the United States will last for at least a few more months, Atlanta Fed President Dennis Lockhart said on Thursday.