CHINA

IBTimes Logo

Facebook investor joins funding round for 360buy.com: report

Russian Internet investment group Digital Sky Technologies, an investor in social network company Facebook, has joined a group of investors funding hundreds of millions of dollars to 360buy.com, China's largest online retailer, the Financial Times reported.

Gap opens online store on Taobao Mall

IBTimes Logo
U.S. apparel brand Gap Inc opened an online store on China's biggest e-commerce platform Taobao on Wednesday, in an effort to lure savvy Chinese shoppers outside wealthy cities.

Japan could cause auto supply chain rethink: expert

IBTimes Logo
The parts shortages and resulting production shutdowns caused by the Japanese earthquake and tsunami could cause the global auto industry to rethink how it sets up its supply lines, a top industry economist said on Tuesday.
More news
R&D China

China set to overtake US in scientific research output

China's share of global authorship went up from 4.4% to 10.2% between the periods studied, taking the country from sixth to second position globally. Whether it can match quantity with quality, however, remains to be seen.
IBTimes Logo

World Market Overview 29/03/2011

U.S. stocks gave up modest gains to turn lower in the final minutes of Monday's trading session, as financials and materials sectors joined consumer and tech stocks in the red.
IBTimes Logo

Business group says Doha round hopes fading

Chances for a deal this year in long-running world trade talks are fading and likely will remain remote unless world leaders become personally involved, an influential U.S. business group said on Monday.
IBTimes Logo

P&G, Unilever up China prices, fuel inflation fears

Consumer goods giants Procter & Gamble and Unilever will both raise detergent and soap prices in China by up to 15 percent next month, local media reported, underscoring the battle the government faces with inflation.
IBTimes Logo

Prominent Chinese blogger charged as crackdown deepens

Chinese police have arrested prominent writer Ran Yunfei for challenging the ruling Communist Party, people close to the blogger said on Monday, the latest in a string of arrests in a deepening crackdown on dissent.
Traders work on the floor of the New York Stock Exchange

World Market Overview 28/03/2011

U.S. stocks gained for the third consecutive day on Friday as investors shook off global fears and focused instead on upbeat earnings.
IBTimes Logo

Wal-Mart to reopen 12 quake-hit stores in Japan

Wal-Mart Stores Inc will re-open 12 of its Seiyu stores in Japan which were affected by the earthquake, and is hoping to open the remaining 12 impacted stores as soon as possible, a spokesman for the U.S.-based retailer said.
Earth Hour

Earth Hour along Asia, Africa, Europe lifts the spirit

The symbolic action of turning lights out for an hour in an expression of concern for the environment is in the process of being officially observed in thousands of communities across 134 countries and territories on Australia, Asia, Africa and Europe.
IBTimes Logo

Latin America pressed on rising inflation

The International Monetary Fund warned Latin America on Saturday that economies across the region are overheating, and Canada urged policymakers not to underestimate the risks from rising inflation.
IBTimes Logo

Commodity boom weighs on policy in Americas

Canada says the current commodities boom could last decades and warned developing countries against being too timid with interest rate hikes, while the International Monetary Fund said that much of the Latin American economy is overheating.
IBTimes Logo

Banks can keep embassy accounts: U.S. regulators

Financial regulators have clarified that banks can provide services to foreign diplomatic missions and still comply with anti-money laundering laws after several major banks moved to close embassy accounts.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.