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China says willing to meet Dalai Lama's envoys

Premier Wen Jiabao said on Friday China was open to holding more talks with envoys for the Dalai Lama as long as the exiled Tibetan spiritual leader renounces what Beijing describes as separat

G20 rift deepens ahead of crisis response talks

Japan joined the U.S. push for more government spending to fight the economic crisis on Friday but G20 unity looked seriously compromised after Paris accused Washington of disregarding the urgent need for tough market regulation.

Action needed to avoid world water crisis, U.N. says

The world needs to act urgently to avoid a global water crisis due to increased population, rising living standards, dietary changes and more biofuels production, the United Nations warned on Thursday.

China green car dream meets economic reality

China's campaign to bring cleaner, low-emission vehicles to its roads may take a back seat as the government seeks first to stimulate growth and counter dwindling sales in the world's largest car market.

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China's premier warns growth target will be tough

China's Premier Wen Jiabao reassured the world on Friday that China would deliver on its promise of 8 percent growth in 2009 despite a slate of challenges, and could roll out extra stimulus spending if needed to meet the goal.

China's Premier says can add to stimulus if needed

China's Premier Wen Jiabao reassured the world that China could roll out extra stimulus measures if needed to deliver on its promise of solid growth in 2009, but said it would be a challenging year.

EU wants financial regulations strengthened

European Union is expected to plea for stronger financial regulation at the G20 summit next month.

U.S. business leaders say hobbled by healthcare costs

U.S. business leaders urged lawmakers on Thursday to act quickly on healthcare reform, saying American companies were losing out to other countries with cheaper healthcare and healthier workers.

Oil jumps 11 percent on U.S. retail sales data, OPEC

Oil rose more than 11 percent to top $46 a barrel on Thursday following better-than-expected U.S. February retail sales data and ahead of a weekend OPEC meeting.

Oil jumps 10 percent on retail sales data, OPEC

Oil rose more than 10 percent to top $46 a barrel on Thursday, following better-than-expected U.S. February retail sales data and ahead of a weekend OPEC meeting.

Oil tops $45 on U.S. retail sales data

Oil rose nearly 7 percent to top $45 a barrel on Thursday encouraged by U.S. February retail sales data and ahead of a weekend OPEC meeting.

Saab cuts 750 jobs, says eyed by Swedes and Chinese

Saab Automobile, the Swedish unit of U.S. carmaker General Motors, announced 750 job cuts as it tries to stay afloat and said on Thursday investors in both Sweden and China were eyeing the company.

U.S. plays down naval confrontation with China

The United States sought on Wednesday to play down a confrontation between Chinese and U.S. naval vessels as the two sides held high-level talks on reviving growth and reining in North Korea's nuclear program.

Oil rebounds above $43

Oil rose more than $1 above $43 a barrel on Thursday encouraged by strong loan data from China, which investors speculated could feed through into economic growth, and ahead of an OPEC meeting.

BRIC countries to meet ahead of G20: source

Finance ministers and central bankers from Brazil, Russia, India and China will convene ahead of the Group of 20 finance chiefs' meeting in London on Friday, a Russian delegation source told Reuters on Thursday.

Pessimism too high, time to buy: Mobius

Veteran fund manager Mark Mobius sees a potential 20 percent rise in emerging market stocks in 2009 and views extreme investor pessimism as a signal to gradually start buying equities.

Stock futures point to drop; retail sales eyed

U.S. stock index futures pointed to a lower open on Wall Street on Thursday, on rekindled fears over the global economic outlook and the stability of the financial system.

Asian shares retreat as rally proves fleeting

Japanese shares fell more than 2 percent on Thursday and other Asian markets were on the defensive as confidence in a rally this week proved fleeting in light of a shaky global economy and financial system.

World economy seen shrinking as G20 meeting looms

The global economy may shrink 1-2 percent this year, World Bank President Robert Zoellick said, as revised Japanese data confirmed the world's No. 2 economy suffered its deepest slump since the oil shock of 1974.

Oil drops 7 percent on weak demand

Oil fell more than 7 percent to $42 per barrel on Wednesday on further signs of weak global demand and rising inventories in top consumer the United States.

US and China diplomats work to iron out differences

The top U.S. and Chinese diplomats have their share of work cut out for them as they strive to reconcile differences between the two nations following the weekend naval confrontation.

Oil drops 5 percent on weak demand, rising inventories

Oil fell 5 percent to below $44 on Wednesday on further signs of weak global demand and rising inventories in top consumer the United States.

Oil drops 5 pct on weak demand, rising inventories

Oil fell 5 percent to below $44 on Wednesday on further signs of weak global demand and rising inventories in top consumer the United States.

Oil drops $1 on weak demand, rising inventories

Oil fell $1 to below $45 a barrel on Wednesday on further signs of weak global demand and rising inventories in top consumer the United States.

Oil falls towards $45 as global demand dwindles

Oil fell toward $45 a barrel on Wednesday as further evidence of a large drop in global crude demand emerged.

North Korea accuses U.S. of plotting attack

North Korea's Foreign Ministry on Wednesday accused the United States of preparing for a war against the communist state in Pyongyang's first verbal criticism of the Obama Administration.

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