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China's Ministry of Culture announced Thursday that it has opened investigations into 185 websites over suspicions of piracy and other illegal operations.
The second Beijing Film Market wrapped with the signing of film-related contracts worth 5.27 billion yuan ($837.9 million), an increase 88.7 percent.
Northwest China's Shaanxi province plans to invest 6 billion yuan ($952 million) this year to fight floods and pollution in the Weihe River.
US Defense Secretary Leon Panetta made a full-throated pitch for Brazil to buy American fighter jets.
A former Brazilian prostituteplans to sue the US embassy and five of its personnel for injuries sustained outside a strip club late last year.
Indonesia's Bank Mandiri opened a branch in Shanghai on Friday as part of its plans to expand its international banking business and promote increased bilateral trade.
A criminal gang who controlled the supply chain of a famous snack chain store using violence and intimidation has been smashed by police.
The ongoing 2nd Beijing International Film Festival has generated over 5.2 billion yuan ($837 million) in contracts signed for film projects.
NEPCON China 2012 opened at the Shanghai World Expo Convention & Exhibition Center on Wednesday.
Bank of China said Thursday it reaped 38.45 billion yuan ($6.11) in after-tax profit in the first quarter of 2012.
Bank of Korea said Friday that it began buying China's government bonds on the over-the-counter (OTC) market.
China Everbright Bank's profit jumped 41 percent year on year to reach 6.86 billion yuan for the first quarter of the year.
