CHINA

World's largest tax advisory, audit and consultancy services provider, PricewaterhouseCoopers (PwC) has suggested that the emerging markets like India and China is fast becoming the hub of global economic activity with China likely to outpace the US by 2025.

India's leading IT service provider Wipro's chairman Azim Premji and biotechnology major Biocon's chairperson Kiran Mazumdar-Shaw are among the forty-eight Asians to feature in Forbes magazine's list of Asia's top philanthropists.

China's stocks listed in the United States stock markets and ADR continue to lower Wednesday follow the US stock markets' tumble.

Morley Fund Management, the asset management division of UK's largest insurer Aviva PLc, said Wednesday that it has signed a China joint venture agreement with China National Oils & Foodstuffs & Cereals Corp.(COFCO) Ltd and Dongguan Trust & Investment Co Ltd.

The U.S. Food and Drug Administration reported newly yesterday that 62 people have died due to allergic reactions and low blood pressure caused by the blood thinner heparin.

Ford Motor Co China has posted a 47 percent year-over-year increase gain in first-quarter sales, with 90,791 vehicles sold, continuing the company's strong growth in China market.

By Sreekumar Raghavan MUMBAI: The world is moving from super critical technology to ultra super critical technology to reduce carbon emissions in coal fired power plants. Sequestrian technol...

China's banking authority clarified on Tuesday that the rules that a single foreign-funded institution can hold up to a 20 percent stake in a Chinese bank remain unchanged, according to a report from Xinhua News Agency.

China's domestic automobile market increased in March as the impact of snowstorm weakened. The domestic car sales in first quarter increased by 22.52 percent as compared with the same period last year, to reach 1.37 million totally.

Copper futures in New York ended falling as U.S. housing data and higher prices rose concerns about lower demand and as the dollar rallied.

Chinese Internet firm Alibaba is speeding up the buyback of its stake owned by Yahoo Inc, as Microsoft Corp threatens to go hostile with a lower bid for Yahoo.

By Sreekumar Raghavan MUMBAI: Why is Tata Power Co Ltd silent even as environmental groups have urged World Bank to rethink about funding the $4.5 bn 4000 MW ultra mega coal powered Mundra...

Many Chinese have heard of the iPhone and would wish to have one but can't afford its high price, according to a new study.

Intel introduced a $500 million China fund in an effort to increase investments in companies in the world's biggest semiconductor market.

By Jon Nadler Gold prices eased into a lower trading channel of from $915 to $926 during the overnight hours, as participants observed an additional rise in the US dollar (72.34 on the index...

The U.N. Security Council agreed on Monday to meet in later this month to discuss incentives previously offered to Iran on its nuclear program, U.S. officials said.

Sony, Warner Music Group and Vivendi sued Baidu.com Inc, seeking record damages on allegations that the Chinese Internet Search site infringed copyright by offering links to pirated music.

Commodity Online BEIJING: China on Friday said it aims to find ten new oil fields, and eight to ten new gas fields by 2010 in an effort to reduce dependence on imports.According to a gove...

NATO allies agreed Thursday to give President Bush strong support for a missile-defense system to be installed in Europe in spite of strong Russian resistance, and conceded to provide more troops in Afghanistan.

U.S. Treasury Secretary Henry Paulson indicated on Wednesday that he was pleased with the rise in the yuan.

Commodity Online WASHINGTON: World Bank on Tuesday said, soaring food and fuel prices are the biggest challenge for poor nations (especially in East Asia) than US financial turmoil, which i...