China will ultimately decide more yuan flexibility would benefit it, Treasury Secretary Timothy Geithner said on Tuesday as Beijing defended its currency policy and said any changes would be on its own terms.
A cyber-espionage group based in southwest China stole documents from the Indian Defense Ministry and emails from the Dalai Lama's office, Canadian researchers said in a report on Tuesday.
A cyber-espionage group based in southwest China stole documents from the Indian Defence Ministry and emails from the Dalai Lama's office, a group of Canadian researchers said in a report released Tuesday.
Treasury Secretary Timothy Geithner said he was confident that China would see that it is in its own interest to make its currency more flexible, and said global economic recovery looks quite strong now.
Top U.S. coal miner Peabody Energy raised its offer for Australia's Macarthur Coal to $3.27 billion, but the new offer was below Macarthur's market price, suggesting the bidding could go higher.
Asian stock markets rose to three-month highs on Tuesday, extending a two-week rally fueled by strong U.S. economic data and a seeming thaw in U.S.-China tensions over the yuan.
Top U.S. coal miner Peabody Energy raised its offer for Australia's Macarthur Coal to $3.27 billion, but the new offer is at a discount to Macarthur's last trading price.
Asian stock markets rose to three-month highs on Tuesday, extending a two-week rally fueled by strong U.S. economic data and a seeming thaw in U.S.-China tensions over the yuan.
China - In Linlou village, Henan, a grandmother Zhang Ruifang,101 began developing a mysterious protusion on her forehead that looks like a horn last year.
The United States on Monday reiterated its call for China's currency to be market-based, as lawmakers warned they would act if there was no movement from China on revaluing the yuan.
The United States on Monday reiterated its call for China's currency to be market-based, as lawmakers warned they would act if there was no movement from China on revaluing the yuan.
The United States on Monday reiterated its call for China's currency to be market-based, as lawmakers warned they would act if there was no movement from China on revaluing the yuan. The president has spoken repeatedly and recently that China's currency must be market-based, White House spokesman Robert Gibbs told reporters.
With China on holiday there was no official response from Beijing to a weekend announcement that U.S. Treasury Secretary Timothy Geithner would postpone a report due out...
The dollar retreated from a seven-month high against the yen on Monday as investors booked profits following four days of gains for the U.S. currency. Higher oil and metals prices helped propel the Canadian dollar to a 20-month high against its U.S. counterpart, leaving it within striking distance of parity, while the euro slipped. A holiday-thinned market kept trading volume light, with the UK, most euro zone countries and parts of Asia closed.
The United States on Monday reiterated its call for China's currency to be market-based, as lawmakers warned they would act if there was no movement from China on revaluing the yuan.
Confusion confounded. That is the apt description for the global bullion markets now. Talk of gold, you will get a bunch of positive advices from market analysts saying that Indian festival and wedding seasons are round the corner and the demand for the metal is set to go up in the coming days.
Stock index futures rose on Monday, the first trading day after government data showed the economy added the largest number of jobs in three years, boosting hopes the recovery was accelerating.
A Chinese government economist said on Monday that the U.S. decision to delay a contentious currency report did not mean Beijing will change the value of its currency any time soon.
Stock index futures rose slightly on Monday, the first trading day after government data showed the economy added the largest number of jobs in three years, boosting hopes of a turnaround in the economy.
Asian stocks rose on Monday after data showed U.S. employers created jobs last month at the fastest pace in three years, boosting hopes of a sustained economic recovery.
A Chinese central bank adviser said Beijing could ease pressure over the yuan by buying more from recession-hit U.S. states, but China had no official reaction on Monday to the Obama administration's delay of a contentious currency report.
U.S. Treasury Secretary Timothy Geithner said on Saturday he was delaying an April 15 report on whether China manipulates its currency but pledged to press for a more flexible Chinese currency policy.
U.S. Treasury Secretary Timothy Geithner will try to strengthen bilateral ties with India during talks in New Delhi this week, but his visit may be overshadowed by Washington's tense relationship with China. Both the United States and India will be simultaneously pushing trade and foreign exchange agendas with China, as they discuss cooperation on infrastructure development and financial markets.
