Gold regained strength on Tuesday as bargain hunting resurfaced after prices dropped more than 2 percent in the previous session, but higher equities and easing worries about recession in the United States could limit gains.
Bank of America Corp is selling about half its stake in China Construction Bank for $8.3 billion, in its latest effort to shed assets and boost capital.
Hewlett-Packard Co's personal computer business will retain its position as the world's largest PC manufacturer even after any spinoff, the head of HP's PC business said on Tuesday.
The United Nations on Monday urged greater preparedness and surveillance against a possible resurgence of bird flu, warning that the new mutant virus H5N1 - 2.3.2.1 might affect Asia the most.
China's state-run news agency demanded on Tuesday that Internet companies, regulators and police do more to cleanse websites of toxic rumors, adding to signs that the ruling Communist Party wants to tame the explosion of freewheeling microblogs.
China's state-run news agency demanded on Tuesday that Internet companies, regulators and police do more to cleanse websites of toxic rumors, adding to signs that the ruling Communist Party wants to tame the explosion of freewheeling microblogs.
Asian stocks rose on Tuesday and European shares looked set to extend gains as strong U.S. consumer spending data soothed some fears that the economy was slipping back into a recession.
Many Chinese have made their own helicopter, submarines, cannon, robot and more, using recycled materials. Press “Start” to view some of the top homemade gears “Made in China.
Gold regained strength Tuesday as bargain hunting resurfaced after prices dropped more than 2 percent in the previous session, but higher equities and easing U.S. recession fears could limit gains.
Hong Kong-listed shares of China Construction Bank Corp, the world's No.2 lender, rose more than 4 percent on Tuesday after news that Bank of America Corp will sell about half of its stake in the Chinese lender.
The United States was a net exporter of solar energy products last year, thanks to strong demand from China, Germany and Japan for U.S.-made polysilicon and capital equipment used to make solar panels.
Shaanxi Coal Industry won approval from the China Securities Regulatory Commission (CSRC) for its potential 17.3 billion yuan ($2.7 billion) initial public offering in Shanghai, the CSRC said on Monday.
China's central bankers have found a new way of keeping banks from lending too much, a step Beijing hopes will help it tackle the country's persistent inflation woes.
China will steadily increase the issuance of urban construction investment bonds but will limit total local government debts at 100 percent of their revenues, the National Development and Reform Commission said on Monday.
Zurich Financial does not plan to cut its 15 percent equity stake in China's third-largest life insurer, the Swiss insurer's chief executive said on Monday.
While the United States says many hacking attacks appear to come from China, often targeting human rights groups as well as U.S. companies, China says that it is one of the world's biggest victims of hacking attacks.
Chinese photovoltaic equipment maker Beijing Jingyuntong Technology has set an initial public offering price at 50 times its historic earnings, boosted by demand from the country's push for solar energy.
China is targeting 3 gigawatts (GW) of roof-mounted solar power generating capacity by 2015 and 25 GW by 2020, the China Securities Journal reported on Monday, citing a government renewable energy development plan that is likely to be unveiled soon.
Air China , the country's flag carrier, said on Monday that it had won regulatory approval to engage in fuel hedging, adding it will enter contracts when oil price volatility decreases.
China's Internet television company Youku.com Inc said it had entered into an agreement with DreamWorks Animation SKG Inc for online distribution of KungFu Panda franchise films in mainland China.
GOME Electrical Appliances Holding Ltd , China's second-largest electronic appliances distributor, said on Monday that 60 percent of its new stores for 2011 will be opened in second-tier Chinese cities.
Hong Kong shares could edge lower at Monday's open, with turnover likely to stay low though U.S. Federal Reserve chairman Ben Bernanke's comments on Friday could boost cyclicals, limiting losses.
