CHINA

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China navy officers harangue U.S. over sea spat

Senior Chinese navy officers poured scorn on the United States in the wake of a weekend naval confrontation, with one saying the Americans are villains crying foul as fallout between the two giants simmered.
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UBS warning shakes equities, day after big gains

Banking worries shot back into equity markets on Wednesday after leading European bank UBS said it saw its earnings at risk for some time, weighing on investors a day after many had their best day since December.
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U.S.-China spat raises tension

The United States accused China on Tuesday of adopting a more aggressive military stance as a naval confrontation sparked anger in Beijing and raised tensions ahead of a U.S. visit by China's foreign minister.
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China says U.S. naval ship broke the law

China said on Tuesday that a U.S. Navy ship involved in a confrontation with its fleet off the southern island of Hainan had violated international and Chinese laws.
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Dalai Lama slams China over Tibet suffering

The Dalai Lama said on Tuesday more and more Chinese were beginning to see a problem with Beijing's rule over Tibet, lamenting how the homeland he fled 50 years ago had become a hell on earth.
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Asian stocks gain, recovery seen fragile

Asian shares outside Japan posted their best gains in a month on Tuesday while safe-haven flight to the dollar eased, but the moves were seen as only a momentary reprieve from a gloomy economic outlook.
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Oil hovers around $47 on OPEC, U.S. data

Oil edged down below $47 a barrel on Tuesday, as dealers mulled OPEC output options at a meeting this weekend and ahead of weekly U.S. stocks data expected to show another fall in crude inventories.
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Oil holds above $47 on OPEC meeting, U.S. data

Oil held above $47 a barrel on Tuesday, as dealers mulled the possibility of deeper OPEC output cuts at a meeting this weekend and ahead of weekly U.S. stocks data expected to show another fall in crude inventories.
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Dalai Lama to demand Tibet autonomy, mourn past

The Dalai Lama is set to mark his 50 years in exile on Tuesday by demanding meaningful autonomy for his Tibetan homeland and saying that Chinese rule there has at times been hell on earth.
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Oil jumps 3 percent on U.S.-China tensions, OPEC

Oil jumped more than 3 percent to $47 a barrel on Monday as a naval incident between the United States and China, the world's top oil consumers, boosted geopolitical tensions and as dealers pondered the possibility of deeper production cuts by OPEC.
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Oil jumps 3 percent on OPEC, U.S.-China tensions

Oil jumped more than 3 percent to over $47 a barrel on Monday on speculation producer group OPEC may cut output again and a naval incident between the United States and China, the world's top oil consumers.
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EU backs IMF fund boost

The European Union was set to back an International Monetary Fund call for $500 billion to fight the financial crisis on Monday as world stocks sank toward 14 year lows in a broad-based sell-off.
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EU backs IMF fund boost as Japan swings to deficit

The European Union is set to back an International Monetary Fund call for $500 billion to fight the global financial crisis, a document showed on Monday as Japan posted its first current account deficit in 13 years.
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UK urged to speed up CCS as power crunch nears

Britain should cast aside its hesitation and press ahead with carbon capture and storage (CCS) projects, especially as it needs to replace many coal-fired generators, a government advisor told Reuters.
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Nikkei hits 26-year low as funds leave Asia

Japan's Nikkei average struck a 26-year low on Monday and other Asian markets slipped on worries about the fate of General Motors and U.S. banks, while the yen edged up in a slight reversal of its broad slide.
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China sees signs of economy recovering

China's economic leaders struck a note of quiet confidence on Friday that the economy is already reviving in response to swift action to counter the shock of the global financial crisis.
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Japan hits 25-year low, but China hopes help Asia

Japan's broad TOPIX stock index slid to a 25-year low on Friday after a warning from General Motors about possible bankruptcy slammed Wall Street, but hopes for more stimulus spending in China limited losses in most Asian markets.
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Asia stocks slide on Wall St woes, fall limited

Asia stocks slid on Friday after a warning from General Motors' that it may need to file for bankruptcy drove Wall Street shares to 12-year lows and highlighted the severe troubles of major U.S. companies and banks.
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Asia stocks slide as Wall St hits 12-year low

Asia stocks slid on Friday after a warning from General Motors' that it may need to file for bankruptcy drove Wall Street shares to 12-year lows and highlighted the severe troubles of major U.S. companies and banks.
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Dow and S&P hit 12-year lows

Stocks slid on Thursday with the Dow and S&P falling to 12-year lows as General Motors' warning of possible bankruptcy and concerns about the banking system's fate reinforced investors' reluctance to take on risk.
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China says ready to talk peace with Taiwan

China Premier Wen Jiabao made a new overture to Taiwan on Thursday, saying Beijing was ready to create the conditions needed to reach a peace agreement with the neighboring self-ruled island China claims as its own.

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