CHINA

IBTimes Logo

JPMorgan to buy EcoSecurities for $204 million

JPMorgan Chase & Co agreed to buy carbon offset aggregator EcoSecurities for 122.9 million pounds ($204 million) on Monday, trumping a bid from the firm's co-founder, to boost its carbon-credit trading business.

Dollar loses gains as risk appetite climbs

IBTimes Logo
The dollar fell against the euro on Monday, erasing earlier gains, as investors looked past a United States versus China trade dispute and took on more risk. U.S. stocks pared losses .N, illustrating higher risk appetite and reducing safe haven demand for the dollar, as investors stuck to the theme of recent months of changes in risk tolerance driving dollar action.
More news
IBTimes Logo

Obama aims to reinvigorate Wall Street reform

President Barack Obama will try on Monday to revive a stalled push for stricter oversight of Wall Street, using the anniversary of Lehman Brothers' collapse to argue for sweeping regulatory changes.
IBTimes Logo

China heaps scorn on U.S. tire duties

Chinese media and officials have heaped scorn on a U.S. decision to impose special duties on Chinese-made tires, extending Beijing's warnings that the move may fuel trade friction as global growth struggles to revive.
IBTimes Logo

Stock futures signal dip; Nextel in focus

Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.63 percent, Dow Jones futures down 0.7 percent and Nasdaq 100 futures down 0.7 percent.
IBTimes Logo

Japan shares hit by yen

The dollar crawled up on Monday from a one-year low against other currencies as speculators booked profits on bets against the greenback, while the yen's surge threatened Japanese exporters and drove Tokyo shares down.
IBTimes Logo

Investors should think global, execs say

The severity of the U.S. financial crisis exposed investors' need to whittle down a dependence on dollar-denominated assets and diversify globally, two of Wall Street's most influential figures said on Sunday.
IBTimes Logo

Vietnam police release another detained blogger

Vietnamese police released blogger Nguyen Ngoc Nhu Quynh on Saturday after more than a week in detention under investigation on state security grounds, her mother said by telephone from the beach town of Nha Trang.
IBTimes Logo

Iran signals no compromise on nuclear issue

Iran said on Saturday it would not back down in its nuclear row with the West, a day after the United States said it would accept Tehran's offer of wide-ranging talks with six world powers.
IBTimes Logo

South Korea says supports U.S. talks with North

South Korea said on Saturday it would support direct talks between the United States and North Korea so long as they were aimed at advancing multilateral negotiations on ending Pyongyang's nuclear programs.
IBTimes Logo

China blasts U.S. tyre duties as protectionist blow

U.S. puts new duty on Chinese-made tyres - Additional 35 percent for first year - China denounces step as dangerous protectionism - China signals possible complaint to WTO - Dispute could spill over into G20 summit (Adds Chinese minister's comments and press comment in paragraphs 3-5, 9 and 25)
IBTimes Logo

EU foreign policy chief seeks urgent Iran talks

The European Union's foreign policy chief Javier Solana said on Friday that he was seeking an urgent meeting with the Iranian chief nuclear negotiator after consulting six major powers over proposals submitted by Iran.
IBTimes Logo

Volkswagen invests more in China, talks with Proton

German carmaker Volkswagen (VOWG.DE) is bolstering its presence in Asia after approving 4 billion euros ($5.84 billion) in new investments for China and mounting another effort to build cars in Malaysia.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.