China did not manipulate currency in 2010: U.S. report Major trading partners of the U.S., including China, did not manipulate their currencies to gain an unfair advantage in int'l trade in 2010, according to a report released by the U.S Treasury Department. U.S. stocks pare losses in late session, Dow up for fourth day Wall Street pared morning losses and ended modestly higher on Thursday as retail stocks took the lead after some of the nation's major retail chains posted strong sales. Energy security, innovation top EU summit agenda European Union (EU) leaders will meet on Friday to explore ways of ensuring energy security and boosting innovation among the 27-member bloc, with the debt crisis and Egypt also on their agenda. • U.S. jobless claims fall by 42,000 last week • Global food prices hit record high in January: FAO • Chongqing, Chengdu among top investment destinations in China: U.S. businessmen • Energy efficiency of China's energy intensive sectors up 20% in past 5 years: NBS • New York gold futures hike to 2-week high More

Growth of Chinese SME loans outpaces credit to large firms: central bank Lending to China's small and medium-sized enterprises rose faster than loans to large enterprises last year, according to the People's Bank of China, the central bank. U.S. stocks, listed Chinese companies rise as Dow steady above 12,000 The U.S. unemployment rate dropped sharply in January to 9 percent, the lowest since April 2009, according to a report on Friday based on a government survey that found that more than a half-million people found work. Working through banks' troubled CRE loans to take time: U.S. Fed official Working through the large volume of troubled commercial real estate (CRE) loans will take several years,although the U.S. CRE market and credit conditions has leveled off and there are some early signs of price stabilization in a number of key markets.

Video  >> Bernanke: More jobs needed for real recovery Germany, Spain leaders hold talks over fiscal crisis China to control inflation, property market Chinese banks cancel mortgage rate discounts

Special Reports  >> China's Economic Figures in 2010 Top 10 business photos in China in 2010 European Debt Crisis Top 10 overseas Mergers and Acquisitions in 2010

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