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I Understand China: Donald Trump

Donald Trump claims that he has read “hundreds” of books about China and is an expert on the country’s culture, economy and its relationship with the U.S.

Report urges U.S. open door to China investment flood

Tens of billions of dollars of Chinese investment could flood into the United States in the next decade, creating a multitude of American jobs if officials do not succumb to a political backlash and throw up barriers, according to a report released on Wednesday.

China is facing destabilizing inflation: AEI Outlook

China's inflation rate has reached a point where it is sparking social unrest, the American enterprise Institute's (AEI) latest outlook report has noted. Chinese premier Wen Jiabao's recent comment that inflation is a tiger that once set free is very difficult to put back in its cage[1] aptly characterizes the current inflation in his country. The world's second-largest economy faces some fundamental choices if it is to restore stability, says the report, which was au...

Instant view: Reactions as Glencore sets IPO price range

Glencore International on Wednesday unveiled details of an initial public offering in which it will look to raise as much as $11 billion.

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New Yorkers to soon have 'taxi of tomorrow' from Nissan

Nissan Motors has bagged the contract to provide the next generation of New York's famous yellow taxis, the car-maker said in a statement.

StanChart cut staff in Q1 as cost pressures remain

Standard Chartered said it has had an excellent start to the year as key Asian markets lifted income by over 10 percent, although costs rose at a faster rate after a hiring spree last year.

Asia stocks fall, dollar rises as risky positions cut

Asian shares fell and the U.S. dollar rose on Wednesday, with falling commodity prices spooking investors and causing a broad pullback in risk taking.

India central bank toughens stance, lifts rates by 50 bps

India's central bank raised interest rates by a bigger-than-expected 50 basis points on Tuesday and declared it would battle stubbornly high inflation even at the cost of some economic slowdown, casting doubt over the government's ambitious growth targets.

China, Japan, South Korea wary of inflation risk: draft

Finance ministers of China, Japan and South Korea are mindful of the challenges from inflation, rising commodity prices and the increasing volatility of capital flows to the region, a draft statement seen on Tuesday ahead of a trilateral meeting showed.

India cbank raises rates by 50 bps, exceeding forecasts

India's central bank raised interest rates by a sharper-than-expected 50 basis points on Tuesday and signaled it would battle stubbornly high inflation even at the expense of the government's economic growth ambitions.

U.S. group urges focus on China state-owned companies

The United States should focus less on China's currency practices and more on the threat to U.S. companies posed by Beijing's support for state-owned enterprises, a business group said on Monday.

NetLogic revenue misses on China weakness; shares fall

Telecommunications chipmaker NetLogic Microsystems Inc's quarterly sales missed estimates and fell 2 percent over the last quarter as Chinese carriers tightened spending, and the company's shares slipped 5 percent after the bell.

World Market Overview 5/2/11

U.S. stocks kicked off May with slim losses, as the energy sector followed the price of oil lower and investors couldn't sustain a morning rally that followed the death of Osama bin Laden.

Greenlight Capital invests in Yahoo

Greenlight Capital, the hedge fund run by investor David Einhorn, acquired a significant long position in Yahoo Inc during the first quarter, citing Yahoo's most valuable asset as its stake in China's Alibaba Group.

Factories hold up despite slower growth

Business at U.S. manufacturers grew a bit more slowly for a second straight month in April but their costs rose to the highest level in nearly three years, an industry report showed on Monday.

Stocks rise on Bin Laden Death

The dollar rebounded from three-year lows and U.S. crude slid more than 1 percent on Monday on the back of news that a U.S.-led operation killed Osama bin Laden in Pakistan.

Buffett believes reputation after Sokol still intact

Warren Buffett believes his reputation is intact, the U.S. economy needs more jobs and that Donald Trump is not going to be the next president.

Stocks, dollar up after news bin Laden killed

The dollar rose from three-year lows, oil fell and world stocks put in gains on Monday after news Al Qaeda leader Osama bin Laden was killed by U.S. forces swept across thinly-traded financial markets.

Dollar rises, oil slides after news of bin Laden's death

The dollar rebounded from three-year lows and U.S. crude slid more than 1 percent on Monday after news al Qaeda leader Osama bin Laden was killed in a firefight with U.S. forces reduced the perception of security risks facing the United States.

China manufacturing growth slows in April, hit by tightening

China's manufacturing growth slowed in April, a survey showed on Sunday, suggesting that the government's tightening efforts have weighed on the world's second-largest economy more heavily than expected.

Nokia Siemens closes delayed Motorola deal

Mobile telecom gear venture Nokia Siemens Networks closed its $975 million acquisition of Motorola Solutions' mobile gear unit on Friday, four months behind the original schedule

55 Feet Long Unknown Fish Species Found in China [PHOTO]

A 55 feet long fish has been found in the seashore of Guangdong, China. According to a local newspaper, the big fish weighs at least 10,000 pounds.

SEC freezes China Voice assets, cites Ponzi scheme

The Securities and Exchange Commission on Friday said it won a court order freezing the assets of China Voice Holding Corp, and accused a co-founder of the telecommunications company of running an $8.6 million Ponzi scheme.

ZTE sues Huawei in China for patent infringement

ZTE Corp, China's No.2 telecommunications equipment maker, has filed a lawsuit against larger Chinese rival Huawei Technologies Co Ltd in China, it said on Friday, a day after it was sued by the latter in Europe.

Trump wows Vegas crowd with tough talk and profanity

Donald Trump appeared at a rally in Las Vegas where he was treated like royalty and delivered a profanity-laden speech that decried politicians, particularly President Barack Obama.

Bright Asian future not pre-ordained, must be earned: ADB

Asia needs to work to ensure the potential of its economic and political rise is realized, including fulfilling its responsibilities as a global player, the Asian Development Bank said ahead of its annual meeting next week in Vietnam.

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