EU plans to investigate Chinese modems

The European Union is preparing to investigate whether China is unfairly subsidising makers of wireless modems, the latest move by Europe to defend its high-tech industry in the face of China's growing

HK, Shanghai stocks lower; Foxconn plunges

Chinese shares retreated on Tuesday and looked set to end the month flat to slightly lower as the cloudy outlook for growth in developed economies pushed investors to the sidelines. The Shanghai