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Asia Top News and Analysis China

  • By Xiaoyi Shao and Sui-Lee Wee. "The export data is much stronger than expected, signalling that overseas markets have recovered," Xiao Bo, economist at Huarong Securities in Beijing told Reuters.

  • Oct 12- Bankrupt solar firm Solyndra has filed a lawsuit against three U.S.-listed Chinese solar players, including Suntech Power Holdings Co, seeking $1.5 billion in compensation due to monopolization by these firms, according to court documents filed on Thursday.

  • BEIJING, Oct 13- China's exports in September grew 9.9 percent from a year earlier, the Customs Administration said on Saturday, roughly twice the 5.0 percent rate expected by investors and up sharply from the 2.7 percent annual rise recorded in August.

  • Oct 12- Bankrupt solar firm Solyndra has filed a lawsuit against three U.S.-listed Chinese solar players, including Suntech Power Holdings Co, seeking $1.5 billion in compensation due to monopolization by these firms, according to court documents filed on Thursday.

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  • DETROIT, Oct 12- Toyota Motor Co's 2013 Lexus ES and GS models have an emergency trunk lever that snaps off easily and may trap someone inside, Consumer Reports magazine said on Friday, prompting the automaker and safety regulators to review the problem.

  • WASHINGTON-- The Obama administration is delaying a decision that had been due Monday on whether China is manipulating its currency to gain trade advantages. GOP challenger Mitt Romney has attacked the administration for not targeting China for unfair trade practices.

  • *Turkey- Syria tensions, lower N. Sea output support. Expectations of a looser market weighed on prices after a report by the International Energy Agency's forecast higher supplies and declining oil consumption after concerns about North Sea oil supplies and Middle East tensions supported Brent for most of the week.

  • *USDA report most bearish since 1970 s- Knight Futures. NEW YORK, Oct 12- Cotton futures in New York were higher on Friday tentatively recovering some ground lost on Thursday when the U.S. government published what some traders said was the bleakest crop report in decades.

  • They fault President Barack Obama and his Environmental Protection Agency for new clean air rules they deride as a devastating blow to a multibillion-dollar industry that has been the lifeblood of Appalachia for generations.

  • DETROIT, Oct 12- Toyota Motor Co's 2013 Lexus ES and GS models have an emergency trunk lever that snaps off easily and may trap someone inside, Consumer Reports magazine said on Friday. Consumer Reports showed the problem to engineers from Toyota, who were visiting the magazine for other reasons last week, said Toyota spokesman John Hanson. "

  • GENEVA, Oct 12- West African crude oil differentials were assessed slightly lower on Friday as traders reported slow sales for the remaining November cargoes due partly to Chinese refinery outages.

  • DETROIT, Oct 12- Toyota Motor Co's 2013 Lexus ES and GS models have an emergency trunk lever that snaps off easily and may trap someone inside, Consumer Reports magazine said on Friday. Consumer Reports notified both Lexus and the National Highway Traffic Safety Administration.

  • *Turkey- Syria tensions, lower N. Sea output support. The International Energy Agency's prediction of a further decline in oil consumption and higher supplies weighed on oil prices that have received support from slowed North Sea production and fears of potential supply disruptions from the Middle East.

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  • LONDON, Oct 12- Bosideng International Holdings, China's largest maker and distributor of down clothing, is eyeing store openings in Milan and New York if its first overseas venture in London proves a hit with the British capital's shoppers.

  • *Turkey- Syria tensions, lower N. Sea output support. Brent and U.S. crude remained on track to post weekly gains of around 2 percent, as the turmoil in the Middle East, especially in Syria, continues to intensify.

  • Oct 12- China has been unable to sustain its growth momentum in the year of the dragon, leading Standard& Poor's economists to lower their growth expectations for the country, according to a Global Fixed Income Research report titled "Emerging Markets Credit Metrics: Rating Trends In China Turn Negative."

  • BRUSSELS, Oct 12- China has expressed concerns about a potential EU investigation of telecom equipment makers Huawei and ZTE Corp over illegal subsidies, a European Commission official said on Friday.