Europe's biggest bank HSBC Holdings is expected to report another big hit from its exposure to the U.S. mortgage crisis on Wednesday, when it will also release a group trading update.
Ericsson, the world's biggest maker of mobile networks equipment, expects its China sales growth to exceed 10 percent per year in 2007 and 2008 amid robust demand in the world's fastest-growing major economy.
Yahoo Inc has struck new deals to offer mobile phone Web services through nine network operators across Asia, bolstering its increasing lead in the fastest growing regional market for mobile services by users.
Sanctions are not the way to resolve the deepening international confrontation over Iran's nuclear ambitions, China said on Tuesday, while also urging Tehran to be more compromising.
Metals prices slipped on Monday on fears of waning demand, but mining giants BHP Billiton and Rio Tinto, engaged in a takeover battle, were among the big gainers on the London stock market.
The moves will keep the money and stock markets under pressure and possibly accelerate appreciation of the yuan.
Asian stocks sank on Monday with Tokyo's Nikkei hitting its lowest level in about 15 months as investors dumped Japanese exporters on the back of a surge in the yen to an 18-month high versus the dollar.
BHP Billiton, the world's biggest mining group, is considering the sale of one of its largest units, BHP Petroleum, to help finance a hostile takeover of Rio Tinto, the UK Sunday Times newspaper said.
The European Union's top diplomat and Iran's chief nuclear negotiator agreed on Sunday to hold a new round of talks on Tehran's disputed atomic ambitions by the end of this month, Iranian news agencies said on Sunday.
The average monthly wage of workers in China’s cities and towns in the first three quarters this year came out to 1,853 yuan(250$), showing year-on-year growth of 18.8%according to the data from a report issued by People's Bank of China (PBC).
Chinese resource firms are unlikely to launch a counter-offer for Rio Tinto, but may hope to team up with BHP Billiton to clinch the deal, bankers said on Friday.
The U.S. trade deficit narrowed unexpectedly in September to its lowest since May 2005 as exports set a record, according to U.S. Commerce Department data on Friday.
Complaints from China have added to growing doubts over whether a global accord can be reached in World Trade Organisation (WTO) talks, diplomats said.
Thirty-two miners were killed in a coal mine gas leak in southwest China's Guizhou Province and three others are missing, state media reported on Friday.
Shares of China Merchants Bank Co. fell 0.9% to HK$34.20 in early Hong Kong trading Friday after the Federal Reserve announced Thursday it had approved the bank's plan to open a branch in New York.
U.S. pharmaceutical firm Eli Lilly & Co, maker of antidepressant Prozac and erectile dysfunction drug Cialis, said on Thursday it plans to develop more drugs in China because of lower costs and an ample pool of talent.
China on Thursday urged Iran to heed rising international worry about its nuclear ambitions, saying Beijing would seek to work with Europe and the United Nations to defuse the crisis but holding its tongue on any new sanctions.
United Airline announced on Tuesday its plans to start daily nonstop flights from San Francisco to Guangzhou, China.
HONG KONG, Nov 7 (Reuters) - Oil soared above $98 a barrel for the first time on Wednesday and gold rose to a 28-year high as investors sought shelter from the falling dollar, which plumbed all-time lows.
The dollar dropped to record lows versus the euro on Wednesday after comments by a Chinese official stoked fears the central bank of the world's fourth largest economy would reduce its holdings of U.S. assets.
Does Asia have more to fear from rising petrol prices as crude oil hurtles towards $100 a barrel than it does from slowing growth in its biggest export market of the United States?
A nonprofit group said on Tuesday production of a new laptop computer for children in developing countries had begun, a milestone that could shake up the PC industry by ushering in a new era of low-cost computing.
