EUROPE'S debt drama dominated talks among leaders of the Group of 20 leading economies yesterday, with Greece's government facing potential collapse and European leaders admitting that the eurozone could lose its weakest member.  read more

A LABOR government plan to increase pressure on major project developers to give Australian businesses a fairer go has been welcomed by unions as the first step to saving local jobs as well as being a boon for the rising green sector.Prime Minister Julia Gillard concluded the Future Jobs Forum, held behind closed doors, by announcing major projects worth more than $2 billion would have to make public extensive details on what opportunities were open to Australian businesses, in order to qualify for a 5 per cent tariff exemption on imported goods.  read more

FOREIGN investors may come to the rescue of Namoi Cotton, which announced yesterday it was in exclusive talks with the China National Cotton Group to form a 50-50 marketing joint venture.  read more

New Starbucks chairwoman for Greater China Wang Jingying said on Oct. 25 that her priority is to open as many branches in mainland China as possible.  read more

The Bank of China is overtaking HSBC to become the top underwriter of renminbi bonds in Hong Kong this month after Vice Premier Li Keqiang allowed domestic companies to tap the city's lower borrowing costs on Oct. 25.  read more

China's second- and third-tier cities have emerged as growth markets for luxury goods, with fashion houses sprouting up in regions outside of the country's cosmopolitan coastal metropolises.  read more

China has become the world's main target for trade sanctions due to rising protectionism as the US elections approach amid a stagnant global economic climate, according to the state-run China Daily.  read more

A materials supplier for the Guizhou-Guangzhou high-speed rail line has filed a complaint with China's railway authorities asking for an investigation into another supplier, which it accused of providing substandard building materials in its name.  read more

CHINA is considering a proposal to set up a regional bank to help its small and medium enterprises invest in southeast Asian neighbors, fund infrastructure projects and promote development in southwest China, two independent sources have said.  read more

Mainland China registered a 12% year-on-year increase in its number of high net worth individuals (HNWIs) last year whose combined wealth topped US$2.66 trillion, up 13.2% from 2009.  read more