China sentenced a man to death and jailed another 28 people for up to life on Tuesday for their roles in a massive slavery and child labor scandal involving scorching brickworks.
Foreign media have fuelled unfounded fears about Chinese products, the nation's top quality official has said, as China blocked a U.S. protein powder shipment while the two countries sparred over safety worries.
Some 120,000 barrels a day of new high-quality, low-sulphur oil will start flowing from Asian fields this quarter, putting strong regional crude differentials under some pressure and boosting light product yields.
Asian shares mostly eased on Monday with South Korea retreating from record highs on fears the government may move to cool the market, while Brent crude was about $1 away from its highest level due to supply worries.
Nora Bannerman checks the pristine white uniforms made for American pharmacist Walgreens in her factory in the humid heart of the Ghanaian capital Accra.
China, reeling from a series of health scandals, on Friday told food and drug companies to put safety first and urged the media to paint a rosier picture as the government scrambled to quell public alarm.
British Prime Minister Gordon Brown denied on Friday a shift in foreign policy away from the United States after one of his ministers told an audience there that a country's strength depended on alliances not military might.
Rio Tinto Ltd.'s $38.1 billion takeover of Alcan Inc. is set to reap benefits from not just China's appetite for aluminum, but also the bauxite and alumina needed to make it, analysts said on Friday.
Two urban commercial banks in China plan to issue IPO
The Bank of Nanjing Co. and Bank of Ningbo Co. plan to raise a combined 11.07 billion Yuan ($1.46 billion) through initial public offerings, the first batch of urban commercial Chinese banks to list in local stock exchanges.
U.S. Steel Corp.'s chief executive on Thursday called for China to rein-in its steel industry to calm simmering trade tensions.
Anglo-Australian miner Rio Tinto Ltd/Plc has agreed to buy Canada's Alcan Inc. for $38.1 billion to create the world's biggest aluminum producer, the two firms said on Thursday.
China's main stock index ended up 0.33 percent on Wednesday, buoyed by strong real estate and bank stocks, but investors remained worried that imminent initial public offerings may swamp the market with fresh supplies of shares.
China posted a record trade surplus of $26.9 billion in June as exporters rushed shipments ahead of tax rebate cuts, handing more ammunition to critics who say Beijing's weak currency gives it an unfair trade advantage.
Taiwan's army has selected Boeing Co. over Bell Helicopter to supply 30 attack helicopters in a deal worth more than $1.5 billion, a defense official said on Tuesday.
As if it wasn't hard enough to invest $200 billion, the managers of China's new state asset agency face a new headache: growing financial protectionism.
United Engineers, Singapore's biggest builder by market value, plans to reduce its dependence on the volatile property and construction industries by investing in the wastewater treatment business in China.
Australia and New Zealand Banking Group Ltd. said on Monday it had acquired a 10 percent stake in Vietnam's top stock broker Saigon Securities Inc. for US$88 million, further boosting its Asian expansion.
Rubles, rupees and renminbis will be a much bigger part of mom and pop's portfolio in less than 10 years as consumers become more tolerant of risk-taking and more knowledgeable about global economies, according to a study released on Monday.
If globalization were put on the balot in the U.S. it would lose, GE chief Jeffrey Immelt warns.
U.S. brewer Anheuser-Busch Cos. Inc. is betting rising incomes and an aspiring middle-class in countries such as India and China will boost its international revenues, a senior company official said on Friday.
Rivals tout designs by Madonna, Kylie Minogue, and Kate Moss, but Spanish fashion retailer Zara wants no part of it.
Research in Motion (NASDAQ: RIMM) has won approval to sell its popular Blackberry handheld device in China, the world's largest mobile phone market .
