India and China agreed to bolster bilateral trade and to reduce the massive trade deficit between the two countries, it was announced on Thursday during Chinese PM Wen Jiabao's visit to India.
South Korea will hold live-fire exercises on Yeonpyeong Island, officials in Seoul stated on Thursday. The military drill, which will be the first such maneuver on Yeonpyeong Island since last month North Korea attack, is likely to revive tension in the region as the North warned nuclear assault in retaliation to any provocations.
China has been on a commodity price-control overdrive in the past few months in a bid to tame inflation, allay fears of shortages and crack down on hoarding and price-gouging. However, the Chinese commodity boom may not last forever and the prices could likely fall, an analyst has said.
The British government on Wednesday said all the nine electric cars, which will be bought in the country, are eligible for a subsidy of up to £5,000 (or $7,935).
The top after-market NASDAQ stock market losers are: SciClone Pharmaceuticals, Tower Bancorp, Capitol Federal Financial, Orthofix International, Pulaski Financial, Energy Recovery, Energy Conversion Devices, China Ritar Power, EZchip Semiconductor, and Hercules Offshore.
Chinese banks should ensure that the normal demand for loans is satisfied this month, the banking regulator said on Thursday, signaling that the government wants to avoid an over-tightening of credit.
Residential real estate in 35 large and medium-sized cities in China is, on average, about 29.5 percent overpriced, according to estimates of the Chinese Academy of Social Sciences.
The groundwork is in place for a stable yuan because China's current account surplus is trending down and other currencies have been swirling about in choppy trade, an official newspaper said on Thursday.
Edward Yardeni thinks copper prices can double in 2011 because there will be a shortage of it.
Starwood Hotels will oversee the investment of $5 billion to build 35 new Sheraton hotels by 2013 -- half of them in China, the company told Reuters.
Social unrest in China has significantly increased this year, with people in small towns and rural areas particularly unhappy with their lives, according to a study by the Chinese Academy of Social Sciences (CASS), a Chinese think-tank.
UBS initiated coverage of General Motors with a 'neutral' rating and $37 price target, saying that the automaker has no near-term catalysts to move the stock.
Mark Zuckerberg, founder and chief executive of The Facebook social networking site that has more than half a billion users, was named Time magazine's 2010 Person of the Year on Wednesday.
Top U.S. and Chinese officials on Wednesday sounded optimistic about making progress on a raft of bilateral trade concerns as the world's two largest economies began a second day of high-level talks.
Roubini Global Economics (RGE) has predicted that global economy's growth next year will be marginally weaker than this year, with eurozone holding the biggest risk to global growth, and that the U.S. will not emerge any time soon from the worst unemployment crisis it has faced in decades.
Chinese premier Wen Jiabao arrived in New Delhi on Wednesday on a three-day visit seeking to boost mutual trust and understanding, and cement trade and economic ties between China and India.
The United States will lead the rich world's economic recovery over the next two years while Japan and major European economies flounder by comparison, according to Reuters polls of more than 200 economists.
Google Inc's new Chrome PC may meet with chilly demand from China as tensions between Beijing and the search giant curb the latter's offerings and as netbook sales slowly fall off the cliff in the world's second largest PC market.
The Bank of Japan's Tankan business survey showed on Wednesday business confidence among large manufacturers dropped in December, the first decline in seven quarters, and that the prognosis going forward was gloomier.
Stock index futures dipped on Wednesday after a warning for Spain about its credit rating, rekindling fears about euro-zone debt.
The percentage of Chinese who are satisfied with current price levels sharply dropped to the lowest level in 11 years despite the government efforts to contain rising prices, the People's Bank of China (PBoC) said.
The India-U.S. solar collaboration has hit some snags as the U.S. is trying to push India to remove regulations related to imports of solar technology, the Wall Street Journal reported.
