China Merchants Securities Co won regulatory approval for an initial public offering in Shanghai that could fetch $2 billion, setting off a return of big IPOs to the mainland stock market after share prices stabilised.
General Motors' move to scrap the sale of its Opel unit and raised forecasts from Nissan Motor Co lifted confidence in the global auto industry's recovery on Wednesday.
Goldman Sachs has agreed to sell half of its holding in Shineway Group, China's top meat processor, to a Chinese fund for about $150 million, earning roughly five times its investment from the landmark 2006 deal, sources with direct knowledge of the matter said on Wednesday.
Merck & Co and Schering-Plough Corp said their $41.1 billion merger will be completed later on Tuesday, marking the close of the second huge deal in the pharmaceutical industry in recent weeks.
China is pushing to complete its first commercial-scale power plant that can capture and store emissions, but must do more research on how and where to lock away carbon dioxide if the technology is to get wide roll-out.
Censorship of the Internet is open to challenge at the World Trade Organization as it can restrict trade in services delivered online, a forthcoming study says.
Entrepreneurs are finding the road to Internet riches in China increasingly rough, facing a thicket of regulatory issues, stiff competition and a frontier mentality that leads to frequent underhanded practices.
Stock index futures pointed to a higher opening on Wall Street on Wednesday as investors awaited the Federal Reserve's statement on interest rates and the economy.
The Walt Disney Co's breakthrough deal to build one of its signature theme parks in Shanghai marks a major advance for Western media and entertainment firms trying to crack a tough China market.
The dollar steadied below a one-month high against a basket of currencies on Wednesday, while Asian stocks edged higher in muted trade ahead of a policy announcement from the Federal Reserve that kept investors wary.
Apple's Chinese partner sold 5,000 iPhones in the country after the handset made its debut last week, but is still hopeful it will increase the number of its third-generation mobile users by more than 1 million a month.
Fiat's Ferrari luxury car unit expects China to become one of its top five global markets in five years, by marketing to the growing ranks of affluent Chinese, a senior company official said on Tuesday.
China is experiencing an epidemic of syphilis, a sexually transmitted disease that the country virtually wiped out in the 1960s, a senior public health official was quoted as saying on Tuesday.
China's recent roll out of 3G mobile services is creating a land grab among its Internet firms, old and new alike, salivating over a mobile Internet market the size of the U.S. and Europe combined.
Swedish Prime Minister Fredrik Reinfeldt called on China to set a tougher target of cutting greenhouse gas emissions after 2020 as its part of a U.N. climate change agreement to be negotiated in Copenhagen.
NetEase.com, one of China's top online game developers, will speed its push into the mobile sector as it looks to capitalize on the country's recent launch of high-speed 3G services, a top executive said.
A Chinese regulator has ordered top online game firm NetEase.com to stop operating a popular title, the result of an apparent governmental turf war highlighting the risks the sector faces.
The dollar slid on Tuesday, pushing gold prices to near record highs, while Asian stocks eased as investors awaited policy announcements from some key central banks this week for clues on the timing of eventual shifts in policy.
Speeding Up Climate Reform; Fed Weighs Economy; U.S.-China Currency Stake
China's reluctance to let markets play a freer hand in setting the value of the yuan, also called the renminbi, is a festering irritant that both the United States and China want to keep from getting out of hand.
U.S. manufacturing activity hit its highest level in 3-1/2 years last month and pending home sales contracts unexpectedly surged in September, allaying fears the economy's budding recovery would falter.
Oil prices rose more than $1 to top $78 a barrel on Monday as strong manufacturing data from the United States and China stoked optimism for a turnaround in the economy and in fuel demand.
