CHINA

2009 set to be fifth warmest year on record

IBTimes Logo
This year is likely to be the fifth warmest on record and the first decade of this century the hottest since records began, the World Meteorological Organization said on Tuesday.
IBTimes Logo

China demands more from rich to unlock climate talks

China led calls by developing nations on Tuesday for deeper emissions cuts from the United States, Japan and Europe at U.N. climate talks on Tuesday, as a study showed that this decade will be the warmest on record.
More news
IBTimes Logo

Saab hopeful can find buyer, avoid BAIC carve-up

Saab remains optimistic a buyer can be found for the whole company in the face of indications its owner, General Motors Co, is talking to China's BAIC about a partial sale of assets tied to the Swedish brand.
IBTimes Logo

Stock futures lower on economic caution

Stock index futures were lower on Tuesday after cautious comments from Federal Reserve Chairman Ben Bernanke sparked jitters about the pace of economic recovery.
IBTimes Logo

Stock futures signal mixed open on Wall Street

Stock index futures pointed to a mixed open on Wall Street on Tuesday, with futures for the S&P 500 up 0.21 percent, Dow Jones futures down 0.07 percent and Nasdaq 100 futures down 0.13 percent at 4:33 a.m. EST.
IBTimes Logo

GM in talks on partial Saab sale to BAIC: sources

General Motors Co is talking to BAIC, China's fifth largest car maker, about a partial sale of assets associated with its Saab brand, including tooling and technology, two people with direct knowledge of the discussions said.
IBTimes Logo

GM in talks on partial Saab sale to BAIC

General Motors Co is talking to BAIC, China's fifth largest car maker, about a partial sale of assets associated with its Saab brand, including tooling and technology, two people with direct knowledge of the discussions said.
IBTimes Logo

GM in talks on partial Saab sale to BAIC-sources

General Motors Co is talking to BAIC, China's fifth largest car maker, about a partial sale of assets associated with its Saab brand, including tooling and technology, two people with direct knowledge of the discussions said.
IBTimes Logo

U.S. says no new incentives for North Korea talks

The United States believes North Korea may be ready to resume talks on its nuclear program but will not offer any new inducements to get Pyongyang back to the negotiating table, a senior U.S. official said on Monday.
IBTimes Logo

Developers baffled by Chinese wind farm rejections

Project developers are baffled by a U.N. climate panel's decision to block 10 Chinese wind farms from receiving carbon financing, saying the move could slash investment in Chinese wind and other forms of clean energy.
IBTimes Logo

China Pacific to raise up to $3.34 bln in IPO

China Pacific Insurance (Group) Co Ltd, the country's third-largest life insurer, plans to raise up to HK$25.9 billion ($3.34 billion) from a Hong Kong initial public offering, a source close to the deal said on Sunday.
IBTimes Logo

Markets need progress in Copenhagen, says Norway's SWF

Financial markets need global climate talks getting underway in Copenhagen to iron out a plan to price emissions more effectively and seal the switch to a low carbon economy, Europe's biggest investor told Reuters on Monday.
IBTimes Logo

China Pacific proves a big money bet for Carlyle

The Carlyle Group , the U.S. buyout giant backing China Pacific Insurance (Group) Co Ltd, could make a $4 billion profit -- a return of more than six times its investment -- once China's No.3 life insurer floats shares in Hong Kong.
IBTimes Logo

Group to start project to cut indoor fuel burning

An advocacy group on lung health plans to work with health authorities in 12 countries from 2010 to reduce indoor fuel burning, which causes respiratory diseases and lung cancer and kills 2 million people a year.
IBTimes Logo

Shanghai exchange approves global ETFs: report

The Shanghai Stock Exchange has approved the development of global exchange-traded funds by Chinese fund houses to track six overseas indexes including the Dow Jones industrial average , the Shanghai Securities News reported on Monday, citing Xu Ming, vice general manager of the exchange.
IBTimes Logo

U.N. talks on climate turning point set to start

U.N. talks billed as a turning point in a bid to slow global warming open on Monday seeking to agree curbs on greenhouse gas emissions and raise billions of dollars for the poor in aid and clean technology.
IBTimes Logo

Obama surprises with Copenhagen summit decision

U.S. President Barack Obama will attend the end of the Copenhagen climate change summit, a late change of plan the White House attributed on Friday to growing momentum toward a new global accord.
IBTimes Logo

No winners if yuan rises, says China think-tank

Lifting the value of China's yuan currency would hurt, not help, global economic recovery and threaten the country's own financial and trade health, a Chinese state think-tank said in an essay published on Monday.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.