CHINA

IBTimes Logo

China vows to hit back if targeted by U.S. on yuan

Beijing will retaliate if the United States declares China a currency manipulator and imposes trade sanctions, Commerce Minister Chen Deming said on Sunday, firing the latest salvo in a spat over the value of the yuan.

Rio Tinto chief to speak as trial begins in Shanghai

IBTimes Logo
The trial of four Rio Tinto employees opens on Monday in Shanghai, China's financial hub, in a case closely watched by investors anxious over the business environment for foreign firms and their Chinese employees.

Venezuela's Chavez: I'm pro-Internet

IBTimes Logo
President Hugo Chavez denied on Sunday that he planned to censor or limit the Internet in Venezuela, saying on the contrary Web use had shot up more than nine fold during his decade in power.
IBTimes Logo

China state media accuses Google of political agenda

China's state media on Sunday accused Google Inc of pushing a political agenda by groundlessly accusing the Chinese government of supporting hacker attacks and by trying to export its own culture, values and ideas.
More news
IBTimes Logo

Gold is money

Most investors confuse money and currency, but they are not the same thing. Money is defined as a medium of exchange, a unit of account and a store of value.
IBTimes Logo

Futures little changed, bank shares in focus

Stock index futures were little changed on Friday, with bank stocks in focus after bailed-out British lender Lloyds Banking Group Plc said it would return to profitability in 2010.
IBTimes Logo

Arrow shares halted; Shell/PetroChina to sweeten bid?

Australia's Arrow Energy Ltd asked for trading in its shares to be suspended on Friday, stoking speculation that Royal Dutch Shell and PetroChina would sweeten their joint $3 billion offer for the coal-seam gas producer.
IBTimes Logo

Stock futures signal mixed open; Palm eyed

Stock index futures pointed to a mixed opening on Friday, with futures for the S&P 500 down 0.02 percent, Dow Jones up 0.1 percent and Nasdaq 100 down 0.01 percent at 1008 GMT (6:08 a.m. ET).
IBTimes Logo

China tries to cool yuan dispute with U.S.

China on Friday said it was sending an envoy to Washington to try to ease trade frictions as its currency regime comes under fire, warning that threats from U.S. legislators could stifle room for progress.
IBTimes Logo

Asia stocks head for 6th week of gains

Asian stocks rose for a sixth straight week on Friday, their longest string of weekly gains since a global bull market began a year ago, with consumer-related shares leading the way on hopes of a steady economic recovery.
IBTimes Logo

WTO needs political miracle for 2010 Doha deal

Members of the World Trade Organization are likely to conclude next week that it will take a political miracle to agree a new trade deal this year, consigning yet another Doha round deadline to the dustbin.
IBTimes Logo

U.S. tells China yuan issue is of real concern

The United States kept up pressure on China on Thursday to let the yuan climb as Beijing disclosed it was sounding out exporters on whether they could cope with a stronger exchange rate.
IBTimes Logo

China Mobile growth prospects improve

China Mobile's forecast-beating results suggest its years of investment in data services is paying off, helping the world's largest mobile carrier report an unexpected rise in revenue per user.
IBTimes Logo

Microsoft MSN China top exec to leave

A top executive for Microsoft Corp's MSN China will leave the joint venture, Microsoft said on Thursday, in a setback as the firm struggles to compete in China's hotly contested social networking space.
IBTimes Logo

Rise in yuan would be disastrous: China export body

A rise in the yuan would be a disaster for labor-intensive Chinese exporters, a semi-official trade group said on Thursday, as frictions grow with the U.S. and other Western powers over Beijing's stable currency policy.
IBTimes Logo

Yuan rise would be disastrous: China export body

A rise in the yuan would be a disaster for labor-intensive Chinese exporters, a semi-official trade group said on Thursday, as frictions grow with the U.S. and other Western powers over Beijing's stable currency policy.
IBTimes Logo

China faces important negotiations on yuan: U.S.

China faces important negotiations over its exchange rate in coming weeks, the U.S. ambassador to China said on Thursday, adding that it was not just the United States that wanted action on the Chinese yuan.
IBTimes Logo

China Mobile posts forecast-beating profit

China Mobile, the world's largest mobile operator, reported a 3.6 percent rise in fourth-quarter profit on Thursday, its best profit in a year and beating expectations as revenues per user posted a rare rise despite intense competition.
IBTimes Logo

Nike beats Street view, shares sprint higher

Nike Inc posted a return to sales and profit growth on Wednesday and forecast higher expected orders around the world after a year of declines, sending its shares up more than 3 percent.
IBTimes Logo

China unyielding on yuan as U.S. raises pressure

China on Wednesday rejected criticism of its exchange rate policies and said it was being made a scapegoat after the U.S. Congress threatened to slap duties on Chinese goods unless it revalues its yuan.
IBTimes Logo

Nike Q3 beats Street view, shares sprint higher

Nike Inc posted a net profit that beat analyst expectations, fueled by fewer clearance sales of merchandise and improving sales around the world, sending its shares up more than 3 percent.
IBTimes Logo

Nike profit beats in quarter, sales improve

Nike Inc , the largest global sporting gear maker, posted a net profit that beat analysts' expectations, helped by fewer clearance sales of merchandise and improving sales around the world.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.