China's central bank increased interest rates for the third time this year on Wednesday, making clear that taming inflation is a top priority even when as the economy slows gently.
On July 1, Jiang was absent at an important event in Beijing commemorating the 90th anniversary of China's Communist Party.A few days later, an important figure was urgently hospitalized into 301 Military Hospital located in Beijing, China. The figure is reportedly the former Chinese leader Jiang Zemin, who was rumored to be in sickness since his last public appearance in Jiangsu on May 14th.
New International Monetary Fund Managing Director Christine Lagarde pledged on Wednesday to push ahead with reforms to give fast-growing emerging markets greater sway at the global lender.
China's top search engine Baidu Inc said on Wednesday it had reached an agreement with a Chinese television company to bring its search box to millions of television screens.
There has been speculation that former Chinese leader Jiang Zemin died, which led government Internet censors to suppress any such discussion on the subject online.
China will reform its export of rare earths based in part on World Trade Organization rules, state media reported on Wednesday, a day after the global trade governing body ruled against its curbs on exports.
Stocks were poised for a lower open on Wednesday after Moody's downgrade of Portugal's credit rating to junk and China's interest rate rise sparked jitters about global growth prospects.
Speculation and rumors that former Chinese leader Jiang Zemin may have died have led government internet censors to quash any such discussion of the subject online.
China raised interest rates for the third time this year in response to rising inflation in the country. That's just one of the problems the world's second-largest economy faces.
Stock index futures fell on Wednesday after Moody's downgrade of Portugal's credit rating to junk and China's interest rate rise triggered unease about global growth prospects.
China's central bank increased interest rates for the third time this year on Wednesday, making clear that taming inflation is a top priority even when as the economy slows gently.
The Qingdao Jiaozhou Bay Bridge in China, which was opened on Jun 30, 2011, on Thursday, is now the world’s longest sea bridge.
Lenovo's launch of a home videogame console in China this year may throw into question the country's decade-old ban on the gadgets and could eventually open the $5.8 billion Chinese game market to Sony Corp and Microsoft.
The world’s longest bridge that links Qingdao City in east China to the island of Huangdao has raised questions over the safety issues.
Singapore's Temasek sold stakes in two of China's biggest banks on Wednesday to raise $3.6 billion, in a move likely aimed at reducing the sovereign investor's big exposure to the financial sector and building up a warchest.
Chinese banking shares fell for a second day on Wednesday after a sovereign fund unloaded a stake in two banks, flashing a cautious signal about risk even after the euro clawed back losses endured on Moody's downgrade of Portugal to junk status.
Chinese banking shares fell for a second day on Wednesday, while the euro clawed back losses but was still seen at risk after Moody's slashed Portugal's credit rating to junk status, reigniting fears that it may need a second rescue package.
AirAsia Bhd
will extend a deal with Airbus for its new A320neo jets to 300 planes, a source with knowledge of the deal said, making the Malaysia-based budget airline one of the largest in the world.
Asian stocks were off to a weak start while the euro remained fragile on Wednesday morning after Moody's slashed Portugal's credit rating to junk status and as investors take a breather after the past week's rally in risky assets.
In an attempt to counter high population grown in Rajasthan, India, health officials in the western state are launching a new campaign encouraging men and women to volunteer for sterilization
As the clock ticks down to this week's final space shuttle launch, there is a mounting sense of uncertainty about future U.S. dominance in space.
The Chinese burning of coal may explain why global warming has halted in the last 10 years, according to a study published in the Proceedings of the National Academy of Sciences (PNAS).