CHINA

Wall Street was set for a lower open despite data showing ongoing healing in the labor market, as a rise in Spanish bond yields renewed concerns about the euro zone's financial health.

Swedish carmaker Volvo , owned by China's Zhejiang Geely Holding Group Co Ltd, plans to spend $11 billion on developing new products and boosting its manufacturing footprint in the next few years, a company spokesman said on Thursday.

Stock index futures fell on Thursday as a rise in Spanish bond yields renewed concerns about the euro zone's financial health, and as investors awaited report on jobless claims.

Stock index futures fell on Thursday as a rise in Spanish bond yields renewed concerns about the euro zone's financial health, and as investors awaited a closely watched report on jobless claims.

Stock index futures fell on Thursday as a rise in Spanish bond yields renewed concerns about the euro zone's financial health, and as investors awaited a closely watched report on jobless claims.

Stock index futures pointed to a slightly higher open on Wall Street on Thursday with futures for the S&P 500 and Dow Jones up 0.3 percent, while Nasdaq 100 futures were up 0.1 percent at 04.08 a.m. EDT.

The top aftermarket NYSE gainers Wednesday were: Cinemark Holdings, Constellation Brands, E-Commerce China Dangdang, National Bank of Greece, Sprint Nextel Corp and Aviva plc. The top aftermarket NYSE losers were: Ruby Tuesday, McClatchy, CTS Corp, Standard Pacific Corp, InvenSense and MGIC Investment.

Most of the Asian stock markets ended lower Thursday, tracking overnight declines from Wall Street after a disappointing Spanish bond auction.

At its summit this week in Cambodia, the Association of Southeast Asian Nations struggled to come to a consensus on how to deal with China's territorial claims in the South China Sea.

Was the famous T. rex a feathered predator? A new fossil discovery in China points to yes.

Ford Motor Co has raised its forecast for total 2012 U.S. auto sales after the industry's solid first quarter, Ford President for the Americas Mark Fields said on Wednesday.

Shocking photos of black-market cooking oil produced from garbage, food scraps, and even dead animals have Chinese citizens worried. And now authorities are cracking down on the recycled-oil underground industry.

A $1.9 million car, an eco-friendly Batomobile and a flying car all sat under one roof at the 2012 New York International Auto Show. The NY Auto Show kicked off on Wednesday at with brands like Maserati, Mercedes, BMW, Lexus, Infiniti, Land Rover and more showing off their up-and-coming vehicles for 2013 as well as concept cars that some might not even dream could exist. Here are some of the hottest cars of the event.

India has promised not to arm the submarines with nuclear weapons, only cruise missiles, in honor of international non-proliferation and security treaties.

China's rise has unsettled many Westerners, especially Americans who fear Chinese influence could overwhelm that of the U.S. As the U.S. struggles through economic recovery, will China seize its chance to lead the world?

China’s Premier Wen Jiabao called the country’s state-owned banks a “monopoly” that has to be broken to allow freer flow of capital to loan-hungry smaller businesses, as the world’s second largest economy appears to have skidded to its slowest growth in three years.

Cisco Systems (Nasdaq: CSCO), the top provider of Internet gear, announced plans to invest more than $1 billion in new initiatives in Brazil and India.

BTG Pactual, the largest independent investment bank in Latin America, said it is planning to raise up to $2.24 billion in a public offering that could signal the revival of Brazil's IPO market.

Yahoo Inc., the No. 2 search engine, said it will fire 2,000 employees starting Wednesday and incur a charge as high as $145 million in the second quarter.

Thus far, western countries have refrained from suggesting they want to send weapons to Syrian dissidents, although Saudi Arabia and Qatar have already urged such measures.

- China's premier called the country's big banks a monopoly that needed to be broken to get money flowing to cash-starved private firms, as the nation's economy appears to have skidded to its slowest growth in three years.