CHINA

IBTimes Logo

Bulls in control as Asia stocks extend rally

Asian stocks rose for the ninth day in 10 on Monday, with investors still focused on upward momentum in corporate earnings, though some worried whether the gains were racing ahead of longer-term economic prospects.

Clinton urges North Korea to return to talks

IBTimes Logo
U.S. Secretary of State Hillary Clinton said on Sunday that major powers wanted North Korea to return to negotiations over its nuclear program but would not reward any provocative actions.
More news
IBTimes Logo

Police stand by officer who arrested Gates

Police union officials on Friday rallied around the white officer whose arrest of a prominent black scholar sparked a heated debate on race relations in the United States.
IBTimes Logo

Activists seek to sue against Kim Jong II to ICC

The Investigative Commission On Crime Against Humanity claimed recently that it was seeking ways to file a suit against North Korean leader Kim Jong II to the International Crime Court (ICC) over alleged crimes against humanity, according to the Associated Press report.
IBTimes Logo

China's looks to second board to fund start-ups

Qu Jianguo, unable to borrow from banks to fund his small water treatment business, is hoping a Nasdaq-style second board in China, due for launch this fall, will help fill a hole in his country's financial system.
IBTimes Logo

PE investors buy 10 pct of China UnionPay unit -source

Three private equity firms have agreed to buy a combined about 10 percent stake of a flagship unit of China UnionPay, as the country's monopoly card payments service provider aims to go public next year, sources with direct knowledge of the deal said on Friday.
IBTimes Logo

Germany calls carbon tariffs eco-imperialism

Germany called a French idea to slap carbon tariffs on products from countries that are not trying to cut greenhouse gases a form of eco-imperialism and a direct violation of WTO rules.
IBTimes Logo

China's taste for resources displays an old love: Wei Gu

Western nations fret that China is engaged in a grand strategy as it snaps up natural resource assets around the world -- that it is seeking to control the supply of raw materials and dominate manufacturing processes. But could this be a misreading of its motives?
IBTimes Logo

Bill Gates to India: Go high end on R&D

Billionaire Bill Gates on Friday urged India to move away from low-cost labor toward high-end research and development to keep its giant IT sector competitive.
IBTimes Logo

De Beers H1 profit tumbles, but no more loans needed

De Beers, the world's top diamond producer, said demand should pick up in the second half meaning it will not need more shareholder loans, when reporting tough markets had all but wiped out first-half profit.
IBTimes Logo

Asia stocks extend gains on upbeat data, earnings

Asian stocks hit a fresh 10-month peak on Friday, with Hong Kong vaulting back to levels last seen before the collapse of Lehman Brothers as investors rushed into equities following upbeat corporate earnings around the world.
IBTimes Logo

Baidu sees new ad system boosting Q3 sales

Chinese Internet search leader Baidu Inc expects sales to grow faster than market forecasts in the third quarter, helped by rising customer acceptance of its new advertising system.
IBTimes Logo

Asia stocks run higher on upbeat data, earnings

Asian stocks hit a 10-month peak on Friday, with Hong Kong vaulting back to levels last seen before the collapse of Lehman Brothers as investors rushed into equities following upbeat corporate earnings around the world.
IBTimes Logo

China says emerging nations deserve more weight

Emerging nations deserve more weight in global financial institutions for the world to climb out of its current crisis, Chinese Foreign Minister Yang Jiechi said during the annual ASEAN summit in Thailand, with the presence of United States and Japan.
IBTimes Logo

China's $12bln splurge on 3G 'premature': expert

Official data shows Chinese telecom operators have burnt 80 billion yuan ($11.71 billion) in the first half of this year to build a third-generation (3G) services network, which, according to expert, is a premature move in China.
IBTimes Logo

Chinalco searches co-op with Rio Tinto

Aluminum Corp. of China (Chinalco) is still searching for opportunities to invest in nonferrous metal mining resources in Western Australia, Caijing reported on Thursday, citing Chinalco's CEO Xiong Weiping who also raised the possibility of cooperation with Rio Tinto.
IBTimes Logo

Chinese steelmakers forecast gloomy H1 profits

Listed steel mills in China are expected to report either declining profit growth or losses for the first half-year period due to sluggish demand, lower steel prices and over capacity, ChinaDaily reported on Thursday.
IBTimes Logo

Obama stirs racial passions in Harvard case

President Barack Obama plunged his presidency into a charged racial debate and set off a firestorm in one of America's most liberal bastions by siding with a black Harvard scholar who accuses police of racism.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.