China will carefully open up its yuan to more trading based on market needs and plans to double its level of imports in five years, its commerce minister said on Thursday, as the country liberalizes its economy, now the world's second largest.
China aims to double its level of imports in five years, its commerce minister said on Thursday, forecasting that U.S. exports to China would double
to $200 billion over the same period.
Milestones in the progress of Chinese women's tennis after Li Na reached the final of the Australian Open on Thursday:
Susilo Bambang Yudhoyono, President of Indonesia, set out his vision for “sustainable and balanced” growth in the 21st Century, at Davos world economic forum.
China's annual inflation will probably top 6 percent around the middle of 2011 before losing steam in the second half of the year, the Bank of Communications said on Thursday.
For a virtually unknown 16-year-old British ukulele player and singer, Misty Miller already boasts an impressive international following.
China wants to import more to solve its trade imbalances instead of parking windfall revenues in U.S. and euro zone government bonds, the chairman of China's largest lender said on Thursday.
Global powers seeking to ensure Iran does not develop nuclear weapons are still hoping for a response from Tehran to a fuel swap proposal seen as a step towards ending the persistent standoff, Russia said on Thursday.
African economic growth is heading back to pre-crisis growth levels, propelled by strong demand for its resources and increased South-South investment, notably from China.
Africa should have a greater presence in the Group of 20 nations rather than be largely excluded and simply told how to run their economies, Botswana's central bank governor said on Thursday.
Chinese group Lenovo, the world's No. 4 PC brand, is to invest $175 million in a joint venture with Japanese company NEC to sell PCs in Japan, it said, to help it outpace global market growth.
Apple became the third largest PC vendor in the fourth quarter of 2010, helped by strong sales of iPad and Mac as well as fast growth in the Asia Pacific region, according to the latest report from Canalys.
The Federal Reserve showed on Wednesday it was in no rush to cut short its rescue of the U.S. economy, saying high unemployment still justified its $600 billion bond-buying plan even though the economy has
The top pre-market NASDAQ stock market gainers are: 1-800-Flowers.com, Netflix, Network Engines, Abington Bancorp, and Qualcomm. The top pre-market NASDAQ stock market losers are: Rex Energy, Starbucks, E*Trade Financial, China Natural Gas, and Research In Motion.
Shark populations continue to decline due to unregulated fishing, much of it to meet the high demand for fins. A new analysis finds that the international plan, which was approved by members of UNFAO in 2001, has yet to be fully implemented.
China's largest e-commerce firm Alibaba Group has postponed indefinitely its listing plans for its subsidiaries, said a company source on Thursday.
A battle between large supermarket operators to tap into Southeast Asia's growing consumer wealth could trigger more acquisitions, with Indonesia, Vietnam and the Philippines seen as the next hot spots.
U.S. lawmakers plan to reintroduce China currency legislation that was overwhelmingly approved last year by the House of Representative but failed to become law, congressional aides said on Wednesday.
China's annual economic growth is expected to ease to about 9 percent in the first quarter while consumer inflation is projected at 5 percent, according to a government think tank report published in the official Chinese Securities Journal on Thursday.
Japan's annual export growth picked up more strongly than expected in December as shipments to China jumped to a record high and auto demand in the United States recovered, reinforcing views that the economy will soon emerge from a lull.
Starbucks Corp, the world's largest coffee chain, expects rising coffee prices to hit profits more than it previously thought but stressed that it would not raise prices to cover the extra expense.
Jack Plunkett, CEO of Plunkett Research, believes the U.S. economy is headed towards a secular boom between now and 2025.
