Barclays Capital is forecasting the price of gold to exceed $2,000 per ounce next year as sovereign debt risks intensify, broad investment demand accelerates and central bank buying of the yellow increases.
Asian airline Cathay Pacific has postponed the second phase of its high-profile international advertising campaign after a sex scandal involving photographs of crew members allegedly engaging in sexual acts circulated online and in Chinese-language newspapers.
The U.S. Treasury market is still the safest place for China to put part of its massive foreign exchange reserves despite a downgrade of the U.S. debt rating by Standard & Poor's, Guo Shuqing, chairman of China Construction Bank, said in comments published on Tuesday.
China's long-term plan to cut reliance on investment as a growth engine is clashing with its short-term need for protection against a worsening global outlook.
The World Bank chief Tuesday called for national governments to seek long-term debt curbs to solve the current sovereign debt crises in Europe and the United States, but said it was too early for special action by the Group of 20 nations.
The World Bank called for national governments to seek long-term debt curbs on Tuesday to solve the current sovereign debt crises in Europe and the United States, but said it was too early for special action by the Group of 20 nations.
In mild cases of H1N1 influenza, a traditional Chinese herb mixture may relieve a fever about as well as the antiviral drug Tamiflu, researchers reported Monday.
Despite some exterior changes, reported photos hint that the inside of at least one out of 22 imposter Apple stores with familiar wooden tables and Apple-like signage, remain unchanged. A blog that gained international attention for calling out the bogus stores led to the closure of two fake Apple stores by Chinese officials in July.
Manufacturing in the New York area contracted for the third straight month in August, data showed on Monday, tempering any lingering hopes for a rebound in the U.S. economy in the second half of the year.
U.S. regulators and generic drugmakers have reached a compromise agreement for a user-fee program that would require the companies to pay some $299 million in the first year to accelerate drug approvals.
Dell;'s earnings may show progress, moves in tablets and smartphones
U.S. solar company Evergreen Solar Inc filed for bankruptcy on Monday, its once cutting-edge technology falling victim to competition from cheaper Chinese rivals and to solar subsidy cuts in Europe.
U.S. officials suspect that Pakistan allowed the Chinese military to see secret new U.S. technology -- the U.S. helicopter that crashed in the raid that killed Osama bin Laden -- despite explicit requests from the CIA not to.
The discovery of over a dozen fake Apple stores in a single city of China may suggest the total volume of unauthorized stores across the country most notorious for counterfeited products.
China's Huawei Technologies Co Ltd, the world's No.2 network equipment maker, posted an 11 percent rise in its first-half sales as it closes in on market leader Ericsson.
Huawei Technologies Co. is all set to sell in the UK its own mobile handsets, which will run on Google's (GOOG) Android operating system.
China's banking regulator on Monday published new rules on banks' capital requirements as part of efforts to implement Basel III guidelines to help lenders rein in risks.
China's first aircraft carrier, Varyag, has concluded its four-day sea trial and sailed back to the Dalian port.
As the biggest holder of U.S. debt, China has bitterly criticized the Americans? profligate ways as well as the recent debt-ceiling fiasco in Washington.
Syrians say Sunni areas are being shelled from land and sea.
Dell's confusion over tablet format has ended, as it retired its part-tablet and part-smartphone, the 5-inch Dell Streak, in favor of bigger tablets.
As a U.S. economic rebound stalls and threatens to spiral into a new recession, oil demand in the world's top consumer may be slipping into an irreversible decline.