Result Page 1360 for China news & latest pictures from ibtimes.com

FACTBOX: China's May 12 earthquake

China on Tuesday marks one year since an earthquake devastated parts of the country's southwest. Here are some facts about the quake and its aftermath.

BofA sells Hopu $7.3 billion stake in CCB: report

Hopu Investment Management Co., led by Goldman Sachs Group Inc’s China partner Fang Fenglei, on Tuesday acquired a 5.8 percent stake in China construction Bank Corp for about $7.3 billion from struggling Bank of America Corp, people with knowledge of the matter told Bloomberg.

Alpha Natural to buy Foundation Coal for $2 billion

Alpha Natural Resources Inc said it agreed to buy Foundation Coal Holdings Inc for $2 billion in stock in a deal that would create the third-largest coal producer in the United States.

Bank of America sells $7.3 billion CCB stake: source

Bank of America sold $7.3 billion worth of shares in China Construction Bank on Tuesday, according to a source, just days after a U.S. government stress test found the struggling U.S. bank needed to find $34 billion worth of capital.

More news

Asian shares tumble on global economy doubts

Asian shares fell for a second straight session on Tuesday as some of the confidence that fueled a rally in stocks to seven-month highs was undermined by reports highlighting economic weakness.

Bank of America sells $7.3 billion CCB stake: report

Bank of America sold about $7.3 billion worth of shares in China Construction Bank , Bloomberg reported citing two people familiar with the transaction, as the struggling U.S. bank seeks to raise money amid the financial crisis.

Study finds software piracy growing

Software piracy grew last year, accounting for 41 percent of all PC software installed, with losses to companies estimated at $53 billion, the Business Software Alliance said on Tuesday.

Asian shares hit by doubts on global economy

Asian shares fell for a second consecutive session on Tuesday as some of the confidence that fueled a recent rally was dampened by reports that highlighted the weakness in the global economy.

Schools in Mexico re-open

Millions of children in Mexico returned to school on Monday to freshly cleaned and disinfected classrooms following more than two weeks of closure caused by the swine flu outbreak.

Mainland China confirms first case of new flu

Mainland China on Monday reported its first confirmed case of the new H1N1 strain of flu, a man in southwestern Sichuan province who had flown home from the United States.

New flu spreads to China, kills third man in U.S.

The new flu strain spread to mainland China, state media reported on Monday, and killed a third person in the United States, as the number of cases of H1N1 influenza worldwide jumped to more than 4,300.

Soros says economic downward trend easing: report

The downward trend in the financial crisis is easing and national economic stimulus packages are starting to work, billionaire investor George Soros was quoted as saying by a German newspaper on Monday.

Soros says economic downward trend easing

Stock futures signal profit taking after rally

Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 1.1 percent, Dow Jones futures down 1 percent and Nasdaq 100 futures down 1.5 percent, as investors were poised to book recent hefty gains.

Oil falls from six-month high above $58

Oil fell $1 a barrel to below $58 on Monday, reversing some of the previous session's gain, pressured by falling European equities and caution over the pace of any global recovery.

U.S. risks lost decade due to half-steps: Krugman

The United States risks a Japan-style lost decade of growth if it does not take aggressive action to stimulate its economy and clean up its banking system, Nobel Prize-winning economist Paul Krugman said on Monday.

Asian shares hit seven-month high but some see pullback

Asian shares rose to their highest in seven months while the safe-haven dollar extended its decline on Monday, but warnings about an impending turnaround are growing amid weak corporate results and views that any global recovery will only be gradual.

Oil falls towards $58 on economy fears

Oil fell toward $58 a barrel on Monday, reversing some of the previous session's near 3 percent gains, as investors took profit amid warnings that any global recovery will only be gradual.

U.S. Commerce chief plans clean energy trip to China

U.S. Commerce Secretary Gary Locke said on Friday he will travel to China this year to promote sales of U.S. clean energy goods as part of the Obama administration's effort to fight global warming.

Global hoteliers look east as recession bites

Global hoteliers are pinning their hopes on the east's underserved leisure markets to offset falling revenue as holidaymakers and business travelers cut back to save money in the global downturn.

New U.N. climate deal: not much bolder than Kyoto?

A planned new U.N. climate pact is shaping up to be a mildly tougher version of the existing Kyoto Protocol rather than a bold treaty to save what U.S. President Barack Obama has called a planet in peril.

Lithium-ion, nickel-based battery demand up 4 pct annually until 2012

Global demand for materials needed to manufacture batteries will climb 3.9 percent per year to $22.8 billion by 2012, a study by the Freedonia Group released this week stated.

Typhoon lashes northern Philippines, 15 killed

Fifteen people were killed, including a 10-year-old girl, when a typhoon pounded the northern Philippines, triggering mudslides and tearing roofs off houses before weakening, officials said Friday.

Retailers seek to rein in recovery optimism

Retailers sought to dampen hopes of a quick recovery from recession at an industry summit this week, warning a legacy of over-expansion, changing consumer habits and online competition could curb growth for years.

Asia pledges common fight against flu

Asian countries agreed on Friday to boost drug stockpiles, share essential supplies and tighten surveillance against an H1N1 flu virus that posed an imminent health threat to the region.

Asian shares gain ahead of U.S. jobs data

A recent surge in Asian shares lost steam ahead of U.S. monthly jobs data later on Friday that may signal whether the global economy has indeed hit bottom, after stress tests on U.S. banks offered no real surprises.

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.

Get Listed

CHINA

Pages