CHINA

Asian shares put in a mixed performance on Wednesday as a sharp rally in stock markets this week over a U.S. plan to deal with toxic debt ran out of steam.

Australia's competition watchdog cleared Rio Tinto Ltd's $19.5 billion tie-up with China's state-owned Chinalco, rejecting at least one key argument against a deal, which still needs the treasurer's approval.

U.S. President Barack Obama and his top two economic officials on Tuesday dismissed suggestions by emerging economic powers that the world move away from using the dollar as the world's main reserve currency.

T-Mobile USA plans to double its high-speed wireless network coverage to reach a potential 200 million wireless users by the end of 2009 as it looks to catch up with rival services.

China rejected Coca-Cola's bid to buy top local juice maker Huiyuan because it feared the U.S. multinational could abuse its position across the whole soft drinks market, an official said in remarks published on Wednesday.

China is not afraid of the Internet, its Foreign Ministry said on Tuesday, even as access to the popular video sharing site YouTube was apparently blocked.

China is not afraid of the Internet, its Foreign Ministry said on Tuesday, even as access to the popular video sharing site YouTube appeared to be blocked.

China's steel industry should face fees on its exports into the United States if Washington adopts greenhouse gas cuts and Beijing does not, U.S. steel industry officials and advocates said.

U.S. stock index futures pointed to a lower opening on Wall Street on Tuesday, following the previous session's sharp rally fueled by better than expected housing data and by Washington's plan to help banks get rid of troubled assets.

China is not afraid of the Internet, its Foreign Ministry said on Tuesday, even as access to the popular video sharing site YouTube appeared to be blocked.

Goldman Sachs Group Inc and China's ICBC have been in discussions the New York bank to reduce its stake in the world's largest financial institution, according to a report on Tuesday.

China on Monday proposed a sweeping overhaul of the global monetary system, outlining how the dollar could eventually be replaced as the world's main reserve currency by the International Monetary Fund's Special Drawing Right.

If water is the new oil, is blue the new green? Translation: if water is now the kind of precious commodity that oil became in the 20th century, can delivery of clean water to those who need it be the same sort of powerful force as the environmental movement in an age of climate change?

China's commerce minister said on Sunday that the country was still open to foreign investment after the government rejected Coca-Cola's $2.4 billion bid to buy top Chinese juice maker Huiyuan .

Chinese health authorities said on Saturday that they had found no evidence of cancer-causing chemicals in baby products made by U.S. company Johnson & Johnson.

The European Union on Friday pledged more than $100 billion in new loans to the International Monetary Fund to bail out countries in the global recession and urged the G20 economic powers to help double its funding.

China and the United States traded blows over entertainment and software piracy Friday as the World Trade Organization formally ruled some Chinese practices were illegal but exonerated it of other complaints.

China said a World Trade Organization report approved Friday rejected the majority of intellectual property complaints made by the United States and broadly backed Beijing's stance against commercial piracy.

European Union plans to re-write the rules of a $6 billion scheme that pays developing nations to cut greenhouse gas emissions risks stalling climate investment, policymakers and industry leaders said on Wednesday.

From a pure antitrust perspective, China's basis for the rejection of Coca-Cola's $2.4 billion bid for Huiyuan Juice failed to stack up to international standards.

China Mobile missed forecasts with its slowest quarterly profit growth since 2005 and warned a deepening financial crisis will pressure subscriber growth as local competition gets tougher.