CHINA

If ever there was a sale that begged a buyer beware disclaimer, it may be last week's auction of Elizabeth Taylor jewelry, gowns and art that fetched more than 400 times experts' estimate for at least one item.

At the start of the 20th century, inventors Thomas Alva Edison and Nikola Tesla clashed in the "war of the currents." To highlight the dangers of his rival's system, Edison even electrocuted an elephant. The animal died in vain; it was Tesla's system and not Edison's that took off. But today, helped by technological advances and the need to conserve energy, Edison may finally get his revenge.

The National Defense Authorization Act (NDAA) 2012 and the Stop Online Privacy Act (SOPA) seem to be two sides of the same coin. Both pieces of legislation are, apparently, aimed at eliminating any kind of attack or even the possibility of an attack on the U.S. government and its corporate allies, a statement made by the government themselves. Essentially, the former is viewed as an anti-terrorist law and the latter an anti-piracy tool.

Stocks were poised to rebound at the open Tuesday after declines in the prior session as a drop in Spain's borrowing costs and unexpectedly positive data from Germany eased euro zone debt worries.

As a protest over lost land and a suspicious death, residents of Wukan, a village in southern China, have threatened to march to the local government office.

India could be the latest country to join a growing solar power trade dispute between the United States and China. However, the country does not look to favor either of the two sides.

Shares of silver mining companies got hammered Monday as the futures price of the metal fell on dimming prospects from China and Europe that next year will bring any improvement in demand.

More than 140 people have been arrested for knowingly buying stolen iPhones and iPads from undercover policemen.

North Koreans poured into the streets on Monday to mourn the death of leader Kim Jong-il and state media hailed his untested son as the Great Successor of the reclusive state whose atomic weapons ambitions are a major threat to the region.

Russia lost an ally in the death of Kim Jong-il on Saturday and gained an uncertain friend in his son, Kim Jong-un.

Prices for silver and palladium, the two precious metals with the most industrial applications, fell Monday on growing evidence of weakening demand from China and a possible recession in Europe.

North Korean leader Kim Jong-il, revered at home by a propaganda machine that turned him into a demi-god and vilified in the West as a temperamental tyrant with a nuclear arsenal, has died, North Korean state television reported Monday.

In a spacious, luxury apartment perched on the leafy hills of Hong Kong, Kai-Yin Lo browses through a trove of Chinese art acquired over several decades, reflecting how her niche, scholarly pursuit has now hit the mainstream.

European markets closed mostly lower in thin trade on Monday, with miners among the biggest fallers as weak Chinese housing data fueled worries about demand, and on further fading of optimism about a solution to the Eurozone sovereign debt crisis.

The death of North Korean leader Kim Jong-il from a heart attack over the weekend has prompted an avalanche of reaction from around the globe.

North Koreans poured into the streets on Monday to mourn the death of iron leader Kim Jong-il as state media hailed his untested son as the Great Successor of the reclusive state whose atomic weapons ambitions are a major threat to the region.

GM operates in a partnership in China with state-run SAIC Motor Corp. Ltd and contends that providing parts and technology to Saab's new owners had the China investor deal gone through would have run counter to the interest of its own shareholders.

Gold prices hovered in a tight range Monday as doubts that Eurozone banks have enough access to cash and the uncertainties about the severity of the continent's recession offset physical demand from Asian buyers.

North Korean leader Kim Jong-il died of a heart attack while on a train trip, sparking immediate concern over who is in control of the reclusive state and its nuclear programme.

North Korean leader Kim Jong-il died of a heart attack while on a train trip, state media reported Monday morning, sparking immediate concern over who is in control of the reclusive state and its nuclear program.

Apple Inc supplier Pegatron said a small explosion at its subsidiary in Shanghai, China had injured some workers but would not have a big impact on production.