America will remain the dominant power in the Asian region, argues a new report from an Australian think tank.
Reassuring comments out of China helped Shanghai's share index to surge.
U.S. financial sector concerns and a resurgent yen chilled Asian investor enthusiasm.
China's volatile share market stabilized after an early week tumble.
U.S. stocks fell Tuesday as uncertainty over financial companies' health prompted a sell-off.
While China might be able to manipulate the rare earth metal market, to monopolize it will be more difficult.
Falling Chinese shares prompted investors to buy the yen and sell other riskier currencies.
Toyota announced it would end production at a California plant it has shared with General Motors for 25 years.
China Unicom, will reportedly announce a deal to sell Apple's iPhone in China.
China's flagship carrier says fuel price caps helped offset an over 12 percent fall in sales.