China has set its total output of rare earth at 93,800 tonnes this year, 4,600 tonnes more or 5.16 percent higher compared to last year's, the Ministry of Land and Resources said on Thursday.
Brent crude was steady above $117, after earlier touching near a four-week high, as investors awaited an expected positive U.S. March payroll report due later on Friday for clues to demand prospects by the world's largest oil importer.
Chinese authorities found three companies linked to Google Inc broke tax rules and are investigating possible tax avoidance, a Chinese state-run newspaper said on Thursday, raising the risk of fresh pressure on the Internet search giant.
Chinese authorities found three companies linked to Google Inc broke tax rules and are investigating possible tax avoidance, a Chinese state-run newspaper said on Thursday, raising the risk of fresh pressure on the Internet search giant.
The Middle East revolt was started in the obscure Tunisian town of Sidi Bouzid by a fruit vendor named Mohamed Bouazizi, who was driven to desperate measures by poverty and economic corruption.
The top pre-market NASDAQ Stock Market gainers are: Synthesis Energy Systems, Tesla Motors, Randgold Resources, Dendreon, and Clean Energy Fuels. The top pre-market NASDAQ Stock Market losers are: Sinovac Biotech, OpenTable, Apollo Group, SciQuest, and NXP Semiconductors.
Baidu Inc, China's largest search engine, will shut its online e-commerce store, Youa, and migrate its users to other platforms, it said on Thursday.
World stocks climbed to a new three-week high on Thursday and the euro inched higher ahead of the publication of Irish bank stress tests aimed at capping one of the major risks in Europe's debt crisis.
The top after-market NASDAQ Stock Market gainers are: MAKO Surgical, Andatee China Marine Fuel Services, Charming Shoppes, Home Bancorp, and Performance Technologies. The top after-market NASDAQ Stock Market losers are: Maxygen, SMART Modular Technologies, Oplink Communications, Jos. A Bank Clothiers, and Energy Conversion Devices.
China pushed back on Thursday against pressure from Paris and Washington for swift reform of a global monetary system that French President Nicolas Sarkozy said is so unstable that it could tip the world economy back into crisis.
Tightly controlled exchange rate regimes are the main flaw in the international monetary system and the solution is simple, U.S. Treasury Secretary Timothy Geithner told a G20 meeting on Thursday.
Opposing views about how to reform the global monetary system were laid bare at a meeting of the top 20 economies on Thursday, with France setting out a bold agenda, China warning that change must be gradual and the United States saying the solution was simple.
Telecommunications stocks led U.S. indexes higher Wednesday, as optimism over deal activity added to confidence that jobs data would continue pointing to a strengthening labor market.
A long-running transatlantic trade dispute over illegal state handouts for Airbus and Boeing comes to a head Thursday with the latest ruling from the World Trade Organization.
President Barack Obama told U.S. students on Wednesday that with rapid growth in China and India, global demand for energy will continue to increase and a solution for reducing U.S. dependence on imported oil would require long term solutions, setting out goals for reducing oil imports and boosting the use of alternative electricity sources decades from now.
The Australian dollar, which was free floated in 1983, just hit an all-time high against the US dollar.
Gold shot up by nearly one percent on Wednesday, after four sessions of losses amid broad support from unrest in the Middle East and North Africa, but gains may stay limited by expectations monetary policy in key regions may tighten. Spot gold was bid at $1,430.55 an ounce at 1344 GMT, against $1,415.95 late in New York on Tuesday.
The top pre-market NASDAQ Stock Market gainers are: Cephalon, Netlist, Achillion Pharmaceuticals, ClickSoftware Technologies, and Glu Mobile. The top pre-market NASDAQ Stock Market losers are: China Information Technology, Golar LNG, Tibco Software, EDAP TMS, Vodafone Group, and Dell.
U.S. chemicals group DuPont extended its $6 billion takeover bid for Danisco by four weeks after holders of only 6 percent of the Danish company's shares had accepted the offer.
U.S. chemicals company DuPont extended its $6 billion takeover bid for Denmark's Danisco by four weeks and said shareholders of 6 percent of Danisco's stock had accepted the offer.
US stocks edged modestly higher in Tuesday’s session as traders eyed Friday’s non-farm payrolls (NFP) report.
Dollar dominance is sowing the seeds of financial turmoil, and the solution is to promote new reserve currencies, a Chinese government economist said in a paper published on the eve of a G20 meeting about how to reform the global monetary system.
