CHINA

China Yangtze Power Co Ltd will issue the nation’s first corporate bond tomorrow, the China Securities News (CSN) reported today.

Procter & Gamble Co, the world's top maker of household products, will consider brand acquisitions in China to shore up and expand its leading position among multinationals muscling into the booming but fractured domestic consumer goods market.

Wall Street bank Morgan Stanley plans to buy into China's Jutian Fund Management Co in a move to tap China's red-hot wealth management sector, sources close to the situation said on Wednesday.

Shares in Bank of Beijing doubled in their debut on Wednesday, lifted by strong investor interest in new shares and upbeat prospects for the domestic banking sector as the country's economy keeps growing strongly.

Japan's Fujifilm Holdings Corp said on Wednesday it plans to shift its remaining digital camera production to China and cut an unspecified number of jobs as it restructures its struggling camera operations.

China went on a charm offensive on Wednesday to convince a skeptical world its products are safe, as a new poll in the United States found 78 percent of Americans were worried about the safety of Chinese goods.

Top U.S. food companies, worried recent import scares may turn away customers, launched a plan on Tuesday to add teeth to existing safety guidelines and increase funding for bare-bones federal regulators.

China can evade related consequences from the subprime mortgage crisis in the United States, according to two renowned Chinese economists, the Shanghai Securities News reported today.

In view of its huge development potential, more and more foreign companies have been showing a keen interest in entering China’s coal industry.

Boeing Co said on Tuesday that China will require 3,400 new airplanes worth about $340 billion over the next 20 years, raising its forecast for the country's booming aviation arena.

Indian outsourcing companies are shifting some of their operations to China, the Philippines, Vietnam and Kenya in a bid to stay competitive as higher wages, expensive property prices and a rising rupee eat into profits.

China Construction Bank, the country's second-biggest bank by assets, said on Tuesday it had raised 58 billion yuan ($7.7 billion) in the country's largest domestic IPO.

U.S. crude oil hit a record high of $81.24 a barrel on Tuesday, the fifth consecutive trading session that prices have reached an all-time peak.

Risks of a recession have increased, but the Federal Reserve must be cautious in supporting the economy because global forces that have kept inflation in check are receding, former Fed Chairman Alan Greenspan said on Monday.

Female consumers are spurring much-needed growth in Chinese consumption and helping offset the country's high savings rate, a source of tension with its trading partners.

Eli Lilly & Co, the U.S. maker of antidepressant Prozac and erectile dysfunction drug Cialis, said its China sales were rising about 26 percent a year, on track to become the company's tenth biggest global market by 2010.

A U.S. delegation will begin formal negotiations with Chinese officials in Beijing this week on deals to improve food and drug safety following a series of health scares that have shaken confidence in Chinese-made goods.

Sixteen nations signed a U.S.-initiated pact on Sunday to help meet soaring world energy demand over coming decades by developing nuclear technology less prone to diversion into atomic bomb-making.

Tokyo must keep a thaw in ties with China on track, the frontrunner to be Japan's next prime minister said on Sunday, while urging Beijing to better explain its ballooning military spending.

Standing next to piles of exquisitely hand-woven Persian carpets, Hossein Ghaseminia is confident his rugs, which cost up to $50,000, can see off cheaper Asian rivals and ride out threatened U.S. sanctions.

Asian stocks took a breather on Monday after four straight weeks of gains, with expectations of a U.S. interest rate cut this week helping to offset renewed worries about a global credit squeeze.