In a bid to draw public awareness towards energy conservation, state government is all set to replace street lights in 65 streets in cities and peri-urban areas across the state with light emitting diode (LED) bulbs.

Taiwanese banks are urging regulators to raise a cap on stakes Chinese banks can hold in them to 20% from 5% as they push to get a bigger share of the huge mainland market at a faster pace and offset a lack of growth opportunities at home.

China's exports and imports both fell in January 2012, raising fresh concerns about the impact of a global slowdown on its economy.

SunPower Corp., the US solar panel- maker controlled by Total SA, is strong enough to resist competition from Chinese manufacturers until the industry revives in 2014, an executive at the French oil company said.

Hacker group SwaggSec just released a dump of Foxconn internal information, including a mail server login/password dump and logins to various online procurement sites and Intranets. The hack seems to be a retaliation for the working conditions that have swarmed the news lately. The hackers gained access through an unpatched Internet Explorer vulnerability used by a worker inside Foxconn.

Nokia will cut about 4,000 jobs at its smartphone manufacturing bases in Europe and the Americas after announcing plans to shift production to Asia.

Claiming a breakthrough in light-emitting diode (LED) technology, Cree Inc. announced a new product that the company claims delivers twice the lumens per dollar of conventional LEDs and offers the highest performance in the industry.

Suntech Power's ebullient Chief Executive Officer Shi Zhengrong got plenty of press at Davos for his proclamation that solar power will be able to compete without subsidies against conventional power sources in half the world by 2015.

Four longtime Yahoo board members, including the chairman, are leaving the company.

Renesas Electronics and two other big Japanese chip makers have begun talks to combine their system chip operations and outsource production in a government-backed deal, sources said.

Sean Chen, the new premier, said on Monday that Taiwan needed to move beyond export manufacturing to design, research and development - products should not only be made in Taiwan, but also designed by Taiwan.

Taiwan Semiconductor Manufacturing Co. plans to announce 3D IC assembly service as a general offering at the beginning of 2013, according to Maria Marced, president of TSMC Europe.

The Arctic cold snap that has hit Europe for over a week has claimed nearly 300 lives, bringing air travel chaos to London and dumping snow as far south as Rome and even North Africa.

In its China Economic Outlook report released Monday, the IMF said China's growth rate, which stood at 9.2% last year, would drop abruptly if the euro zone experienced a sharp recession.

The US economy created 243,000 jobs in January 2012, the highest total for nine months, official figures show.