Jack Lew, US Treasury Secretary, confirmed that Chinese regulators will be handing over documents about US listed companies based in China; a move that may dissolve disagreement about several accounting scandals.

China trade outlook worsens as exporters lose trading confidence. China trade outlook worsens as exporters lose trading confidence. Traders are apprehensive as they face weak external demand, along with rising labour costs and the seen rise of the yuan currency.

Asian share rose amidst investor's worries Asian shares rose after tracking a rally on Wall Street which was spurred by gains that were capped by investors' nervousness over the Beijing drive to reform credit and the implications of tighter U.

Bankers have a growing expectation that China IPO market will reopen soon. The expectation that China's initial public offering market will be reopening soon has been growing among bankers and investors.

Scotiabank withdrew its offer for Bank of Guangzhou's 20% stake after Chinese authorities' refusal for its Can$719 million bid.

Cloudary Corp, China's online company, would withdraw its IPO worth more than US$200 million due to the market's current condition.

Tsinghua Holdings would purchase a mobile chip designer, Spreadtrum, for US$1.78 billion. Tsinghua Holdings Co Ltd, state-owned unit, would purchase Spreadtrum Communications Inc for US$1.

China and US agreed last Thursday to reinstate a stalled negotiations over an investment treaty. China and the United States of America agreed on Thursday to restart the halted investment negotiation treaty.

Sinosteel was in talks with Nigerian ministers for about US$6 million worth investment in Nigerian steel mill.

Russia announced that it would lift its oil exports in Asia and consequently decrease the distribution for Europe.