China rejected plans to use real exchange rates and currency reserves to measures global economic imbalances, casting doubt on the ability of Group of 20 major economic powers to reach agreement at a meeting on Friday.
The Chinese manufacturer says its LePad tablet will reach foreign shores in June.
It's too early to be sure, but signs that China's current account surplus will keep shrinking as a share of national output could draw some of the venom from the debate on global economic imbalances preoccupying the G20.
Swedish carmaker Volvo, owned by Zhejiang Geely Holding Group, has finalised its decision to make Volvo cars in southwestern China, two people with knowledge of the matter said on Friday.
The Bill and Melinda Gates Foundation is helping partners in China improve child vaccines, roll out faster TB detection kits and make higher-yielding rice which it hopes can be used later in other parts of the world.
US stocks were mixed on Friday, with S&P 500 Index edging down 0.27 points, or 0.02 percent, to trade at 1,340.21 at 09:50 a.m. EST. The Dow Jones Industrial Average is up 14.04 points, or 0.11 percent, to trade at 12,332.18. The Nasdaq Composite Index rose 0.07 percent to trade at 2,833.52.
China's top nickel producer and third-biggest copper producer Jinchuan Group Ltd is seeking a local listing for its technology unit this year, after it bought a Hong Kong-listed firm for its overseas resource assets, a top executive said on Friday.
HSBC Holdings Plc will launch a flash purchasing managers' index for the Chinese manufacturing sector on Feb. 21, providing one of the earliest available performance indicators for the world's second-largest economy.
China's central bank governor Zhou Xiaochuan said on Thursday that Beijing will decide the pace of the appreciation of the yuan on its own and would not take into account pressure from other countries.
Reform of the international monetary system is needed to prevent foreign assets flooding to one particular currency, the head of the People's Bank of China said on Friday.
Gold hit five-week highs in Europe on Friday and silver its strongest since 1980 as growing unrest in the Middle East lifted interest in precious metals, though another reserve requirement hike from China curbed gains.
China on Friday raised banks' required reserves by 50 basis points, showing no let-up in a campaign to stamp out stubbornly high inflation.
Brokerage Jefferies & Co. said winners at MWC are Blackberry maker Research In Motion (RIM), Samsung, Apple Inc., and Google Inc.'s Android.
U.S. stocks finished at fresh multi-year high on Thursday as improved corporate earnings and manufacturing data overshadowed a bigger than expected rise in the number of people applying for unemployment benefits.
The consensus is that the upcoming G20 meeting of finance ministers and central bankers will address the issue of food inflation, the hot button issue of the day.
Dr. Paul Beran, the Outreach Director at the Center for Middle Eastern Studies at Harvard University is a researcher, writer and teacher on civil society in the Middle East. International Business Times spoke with Beran to discuss the current unrest in the region.
U.S. stocks finished at fresh multi-year high on Thursday as improved corporate earnings and manufacturing data overshadowed a bigger than expected rise in the number of people applying for unemployment benefits.
U.S. stocks finished at fresh multi-year high on Thursday as improved corporate earnings and manufacturing data overshadowed a bigger than expected rise in the number of people applying for unemployment benefits.
Criticism of China's exchange-rate policy continues throughout the US. This column argues that the US is in fact the exchange rate manipulator, due to its ongoing quantitative easing. What the US needs to do for a sustainable turnaround is to learn from other successful economies like China and Germany - not de-rail them.
The price of large, wholesale Gold Bars continued rising for US investors on Thursday, ending London trade at a 5-week high of $1383 per ounce as world stock markets held flat and the Dollar slipped on the currency market.
Satellite images show North Korea has likely completed a second long range missile launchpad, an expert said on Thursday, amid U.S. concerns that Pyongyang's ballistic missile programme is fast becoming a direct threat.
Zambia's economy is expected to grow 6.5 percent this year and 6.6 percent next year on the back of a rally in copper prices and improvements in agriculture, a Reuters poll of 12 economists showed on Thursday.
