CHINA

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Singapore's Temasek Eyes Western Bank Stakes

Singapore's Temasek, Asia's pioneer sovereign wealth fund with stakes in Barclays and Standard Chartered, looks to be calling the top of the China stock boom and is scouting for cheaper targets in the West.

China's Baosteel mulls Rio Tinto bid: report

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Top China steelmaker Baosteel is weighing a bid to counter BHP Billiton's $125 billion takeover offer for Rio Tinto Group Baosteel Chairman Xu Lejiang told a Chinese business newspaper.

Holy Smokes! World's worst polluters list is out!

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World's two fastest growing economies, China and India, have earned the dubious distinction of being home to some of the biggest polluting firms across the globe, according to a list published by Carbon Monitoring for Action (CARMA), a product of the Confronting Climate Change Initiative at the Center for Global Development, an independent think-tank located in Washington, DC.
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China Railway up 69 pct on Shanghai debut

Shares in China Railway Group 601390.SS, the world's third-largest construction contractor, rose 69 percent on their Shanghai debut on Monday, calming investor fears that big Chinese listings could be running out of steam.
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China denies U.S. Navy entry to Hong Kong

Washington said alleged that China turned down the request from U.S. Navy ship to visit Hong Kong on the last minute, blocking the Navy by the Kitty Hawk as well as accompanying U.S. ships away from Hong Kong territory during the Thanksgiving holiday.
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HP Leads PC Makers, Acer Displaces Dell

Hewlett-Packard Co. in the third quarter continued to expand its lead over rivals in the global PC market, while Taiwan based Acer saw the largest increase, displacing Dell as the world's No. 2 notebook maker.
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China lists substandard Wal-Mart, Carrefour goods

China has published a blacklist of substandard toy jugs and children's shoes sold at Wal-Mart stores and drawing pens from French retailer Carrefour in a quality sweep on children's goods sold at Beijing supermarkets.
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Sarkozy vows tough line against rioters

French President Nicolas Sarkozy pledged on Wednesday to punish rioters who shot at police but sought to ease tensions with an independent probe into the deaths of two youths that triggered the unrest.
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Profit combines with pain in Airbus China deals

European planemaker Airbus wore two masks in China on Monday -- the joy of landing what could be its biggest ever aircraft order by volume, contrasted with growing despair over the plunging value of the dollar.
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Google's Chinese foray depends on local know-how

Google Inc's inroads into China relies on it linking up with local partners, navigating draconian regulations and understanding Chinese tastes to make it in one of the world's fastest-growing and lucrative Internet markets.
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Hollywood giants sue Chinese Internet site: report

Five Hollywood studios have sued a Chinese online service and internet cafe they accuse of offering pirated downloads of Pirates of the Caribbean and other hit films, state media reported on Thursday.
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Valuations show China stocks to stabilize

A near 20-percent correction has wiped 5 trillion yuan ($700 billion) off China's booming stock market in less than six weeks, and some global investment banks now hear the sound of a bubble bursting.
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S.Korea sees won's drop as natural: minister

The South Korean won's recent weakening against the U.S. dollar is seen as a natural phenomenon in line with globally-increased risk aversion, Vice Finance Minister Lim Young-rok said on Friday.
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Marks & Spencer to set up JV in India

Britain's biggest clothing retailer, Marks & Spencer Group Plc., is planning to set up a joint venture in India, the Economic Times reported on Monday.

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