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Panel urges tougher U.S. response to trade secret theft

WASHINGTON (Reuters) - Theft of trade secrets, chiefly by China, costs the U.S. economy $300 billion a year and must be fought with sanctions as tough as those used against terrorism and drug trafficking, an advisory panel said on Wednesday.Full story

European banks stop sending money to North Korea: aid groups

BEIJING (Reuters) - European aid groups said their banks in Europe had stopped sending money to North Korea in the wake of U.S. sanctions on Pyongyang's main foreign exchange bank, leaving them scrambling for a solution short of hand-carrying cash into the impoverished country. Full story

Japan rates may torpedo recovery

(Reuters) - Spiking interest rates in Japan threaten to undermine, and possibly end, the recovery being engendered by Abenomics. Full story

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Articles

China milk powder firms court foreign cachet for domestic gains

China's Lenovo buys and diversifies to outshine PC rivals

Elusive Pandas Caught on Camera in China Habitat

Analysis: From opera to exercises, U.S. and China deepen military ties

Weak yen a help for Japan, but headache elsewhere

News Summary: Japan's economy 'picking up'

Chinese premier visits Pakistan, praises ties

News Summary: Weak yen a help for Japan's economy

News Summary: Nuclear plant sits on active fault

Suntech's local creditors claim $2.5 billion as restructuring starts

Video

  China's Big Hollywood Ambition

Chinese investment in the U.S. is extremely controversial, with CNBC's Michelle Caruso-Cabrera; and Gordon Chang, author of "The Coming Collapse of China," says the U.S. needs to be careful because the Chinese want to control Hollywood.

  Why Chinese Are Eager to Invest In US

Chinese investors cite lack of corruption and rule of law as key to investing in U.S.

  China Buying Big Into US

A company owned by the Chinese government is building schools in South Carolina and fixing bridges in NY State. Still, China Construction of America, wants to be seen as an American company, reports CNBC's Michelle Caruso-Cabrera.

  MGM Resorts CEO Reacts to Fed's Message

Jim Murren, chairman and CEO of MGM Resorts International, weighs in on the firm's expansion plans in the U.S. and Macau, China.

  Auto Stocks on the Move

CNBC's Phil LeBeau reports that former GM chair Bob Lutz is teaming up with a Chinese firm to bid for Fisker Automotive, among other auto news.

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Related Photos

File photo of a woman walking past a sign of Bank of China at its branch in Beijing
File photo of a woman walking past a sign of Bank of China at its branch in Beijing

A woman walks past a sign of Bank of China at its branch in Beijing in this March 26, 2013 file photo. European aid groups said their banks in Europe had stopped sending money to North Korea in the wake of U.S. sanctions on Pyongyang's main foreign exchange bank, leaving them scrambling for a soluti

File photo of farmer harvesting paddy in farmland on outskirts of Shenyang
File photo of farmer harvesting paddy in farmland on outskirts of Shenyang

A farmer harvests paddy in a farmland on the outskirts of Shenyang, Liaoning province in this October 9, 2008 file photo. The discovery of dangerous levels of toxic cadmium in rice sold in the southern city of Guangzhou, the latest in a series of food scandals, has piled more pressure on China to cl

Pedestrian walks past the Bank of Japan building in Tokyo
Pedestrian walks past the Bank of Japan building in Tokyo

A pedestrian walks past the Bank of Japan building in Tokyo, May 22, 2013. REUTERS/Yuya Shino