CHINA

China's Qihoo 360 Technology Co denied once again a report that alleged the online services provider was either committing fraud or was misleading Wall Street about its revenue model.

Chinese and Indian appetite for diamonds will fuel demand growth of more than 6 percent a year over the next decade and almost double the size of the market, far outpacing supply increases limited by a lack of new mines, Bain & Company said in a report.

The Bank of Canada kept its overnight interest rate at 1 percent on Tuesday, as expected, and gave no suggestion of an impending rate cut even though its view of the European debt crisis has clearly darkened.

The growth rates of all four BRIC (Brazil, Russia, India and China) economies have surpassed expectations in the decade since the term came into existence. However, India's record in terms of productivity, Foreign Direct Investment (FDI) and reform has been the most disappointing, according to Jim O'Neil, the Chairman of Goldman Sachs Asset Management, on Tuesday.

The top pre-market NASDAQ stock market gainers are: ARM Holdings, Vodafone Group, Research In Motion, Microsoft, and Intel. The top pre-market NASDAQ stock market losers are: China Medical Technologies, Clearwire, Siliconware Precision Industries, BGC Partners, and ASML Holding.

Chinese and Indian appetite for diamonds will fuel demand growth by more than 6 percent a year over the next decade and almost double the size of the market, far outpacing supply increases limited by a lack of new mines.

Royal Dutch Shell Plc has found shale gas in China, a development that could cap imports in a market natural gas producers are hoping will drive demand.

India has asked operators of social media networks, including Facebook, Google and Yahoo to screen user content from the country and prevent any disparaging, inflammatory or defamatory content from getting published.

Recent reports suggest that “H1Siri” was developed by a group of Chinese hackers calling themselves the “CD-Dev Team” and poses security risks for users’ personal data. In addition, the hack is unlawful, as it uses Apple Inc.’s copyrighted codes.

Gold prices fell Tuesday on a lack of Asian demand for bullion and investor discouragement that four consecutive daily efforts to push the price convincingly above the mid-$1,700s failed.

India has asked operators of social media networks, including Facebook and Google, to screen user content and remove any offensive material, the information and telecoms minister said on Tuesday, but denied the move was censorship.

Popular Apple iPad news application, Flipboard, said on Tuesday it has partnered with China's Sina Corp and Renren Inc to launch a Chinese edition of the application to woo users in the world's largest Internet market.

Samsung Electronics said on Tuesday it plans to build a flash memory chip plant in China, seen costing some $4 billion, as a boom in smartphones and tablet computers is set to fuel the $22 billion chip industry's growth next year.

Samsung Electronics, the world's top memory chip maker, said on Tuesday it had decided to build a plant in China to start production of flash memory chips from 2013 as it seeks to ride a boom in smartphones and tablet computers.

The device should arrive in the U.S. market within a few months.

The United States, India and Japan will hold their first trilateral meeting this month as Washington pushes ahead with its pivot toward Asia, where China's growing power has raised concern.

A heavy fog blanketed parts of northern China on Monday, delaying flights and causing hundreds of cancellations, while smog hung in a dark haze over Beijing.

The United States, India and Japan will hold their first trilateral meeting this month as Washington pushes ahead with its pivot toward Asia, where China's growing power has raised concern.

Scotland welcomed two new residents on Sunday: Tian Tian and Yang Guang, the panda bears that may just increase the country's tourism numbers and boost its economy.

In protest of local government corruption in Uttar Pradesh, India, a snake charmer released 40 poisonous snakes inside a tax office.

Thick smog in Beijing cancelled hundreds of flights out of the world's second busiest airport and closed motorways linking the Chinese capital to the north.