CHINA

IBTimes Logo

Dollar near 3-year lows on Fed view, stocks rise

The U.S. dollar plumbed a near 3-year low against other major currencies on Wednesday before a Federal Reserve decision, which is expected to reinforce an ultra-easy policy stance and drive more capital to buoyant emerging Asian stock markets.
More news

Why Inflation is Coming to America

Inflation is coming to America because the Federal Reserve keeps printing money and has left interest rates at 0.25 percent since December 2008.
IBTimes Logo

Fed seen signaling no rush for the exit

The Federal Reserve kicked off a two-day meeting on Tuesday that will probably show that it is in no hurry to scale back its massive support for the economic recovery.
IBTimes Logo

Wal-Mart CEO seeing progress in the U.S. business

Wal-Mart Stores Inc is making progress bringing items and shoppers back to its U.S. stores, and turning around U.S. sales remains its top priority, President and Chief Executive Mike Duke said on Tuesday.
IBTimes Logo

Coach profit rises but says Japan will hurt

Coach Inc reported a higher-than-expected quarterly profit as sales at its North American stores soared, but the upscale handbag maker warned that the disasters in Japan would dent results.
IBTimes Logo

China, India lift 3M profit above expectations

Industrial and consumer goods conglomerate 3M Co reported higher-than-expected quarterly profit on Tuesday, helped by sales to emerging markets, and raised its full-year profit forecast.

Italy and France propose Libyan oil boycott

Italy and France have called on the international community to cease shipping oil products to the regime of Libyan leader Moammar Gaddafi and also asked market operators not to purchase Libyan crude oil.
IBTimes Logo

China raises bar for polluters in restructuring plan

China's top economic planning agency on Tuesday published a detailed list of industries that it would encourage, restrict or ban, a blueprint that could have a far-reaching impact on investment activity in China over the coming years.
IBTimes Logo

Barrick Gold awaits Minmetals response in Equinox battle

Barrick Gold Corp has not ruled out raising its C$7.3 billion ($7.68 billion) bid for Equinox Minerals , saying it will take a wait and see approach if China's Minmetals Resources <1208.HK> fights back with a higher offer.
IBTimes Logo

GM minivan gone in U.S., but still thrives in China

General Motors Co killed its minivan in the U.S. market thanks to its soccer-mom stigma, but the automaker has carved out a high-priced niche for the vehicle as a chauffeur-driven executive ride in China.
IBTimes Logo

Barrick strikes deal for Equinox, tops Minmetals

Barrick Gold Corp said on Monday it had struck a deal to buy Australian copper miner Equinox Minerals for more than C$7 billion ($7.36 billion), topping a takeover offer by China's Minmetals Resources by 16 percent.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.