CHINA

China Reports $31.48 Billion Trade Deficit for February

China Reports $31.48 Billion Trade Deficit in February

China had a trade deficit of $31.48 billion in February, according to data revealed by the General Administration of Customs Saturday. This is another indication that global economic condition is continuing to affect the country's exports.

Syrian Conflict Shifts Chinese Foreign Policy

Syrian Foreign Minister Walid al-Moualem meets the Chinese envoy to Syria Li Huaxin in Damascus.
The Syrian crisis has pushed the Chinese to engage internationally significantly more than it has in the past. Some remain skeptical as to China's interest in Syria, but the recently released 6-point statement shows a China attempting to strike a middle-ground.
A shopper walks at the Dragonmart mall in Dubai, February 26, 2012.

China's Trade Balance Swings To Large Deficit From Small Surplus

In a stunning move, China's trade balance fell to a deficit of $31.5 billion in February from a surplus of $6.5 billion in January, according to data in multiple media reports on Saturday -- and the country's trade deficit may be its largest in the 21st century.
More news
Iron and Steel Industry in China

China Economic Slowdown: Could It Bring Jobs Back To The US?

The global markets tumbled this week, due in part to concerns about China's slowed economic growth. There are several reasons, however, why China's economic slowdown could actually benefit the U.S., despite the market's immediate reaction. One reason is the possible return of jobs to the United States' manufacturing sector.
IBTimes Logo

Gold Forecast 2012 and Beyond: Why Prices Could Surge

Back in late 2010, billionaire hedge fund manager John Paulson told “a standing-room-only crowd at New York’s University Club” that US inflation could hit double-digits in 2012. His forecast on gold and inflation, however, haven’t panned out so far in 2012.
Boeing

WTO Judges Fault Boeing Subsidies: Sources

The World Trade Organization has broadly upheld a ruling that Boeing Co (BA.N) took billions of dollars of unfair subsidies, breathing new life into an epic trade spat that has already faulted European aid to Airbus, people familiar with the matter said.
Iron and Steel Industry in China

China, India See Banks As Key To Economic Revival

Leaders of China and India, two of the world's biggest economies, are responding to a decline in their nation's blistering rates of growth by focusing on virtually identical ways to stimulate bank lending and regain financial momentum.
IBTimes Logo

Solid jobs growth bolsters recovery hopes

Employment grew solidly for a third straight month in February, a sign the economic recovery was strengthening and in less need of further monetary stimulus from the Federal Reserve.
IBTimes Logo

Wall Street higher after jobs data

Stocks rose on Friday, adding to their best two-day run in nearly three months, after a report showed the economy added more jobs than expected in February.
A protester wearing a Guy Fawkes mask, symbolic of the hacktivist group ''Anonymous'', takes part in a protest in central Brussels January 28, 2012.

'Anonymous' Hurt by Arrests But Hard to Kill

In turning one of its best-known hackers into an informant and breaking open the highest profile elements of the "Anonymous" movement, authorities have dealt a serious blow to a group they found a growing irritant.
OPEC

OPEC Pumps Record Volumes Despite Iran Slide

Europe's debt crisis and an oil price rally are the biggest threats to global oil demand this year, OPEC said on Friday, adding it was still pumping above its target despite a slide in Iranian production.
IBTimes Logo

Ericsson Jobs On The Line In North America

Ericsson, the world's top mobile telecoms equipment maker, is to cut jobs at its North American operations as part of a continued drive for greater efficiency in a business seeing slower sales.
IBTimes Logo

OPEC pumps record volumes despite demand worry

Europe's debt crisis and an oil price rally are the biggest threats to global oil demand this year, OPEC said on Friday, adding it was still pumping above its target despite a slide in Iranian production.
IBTimes Logo

Futures edge lower ahead of key jobs report

Stock index futures edged lower on Friday after their strongest two-day gain in nearly three months and ahead of a report likely to show employment grew solidly for a third straight month.
IBTimes Logo

Futures Edge Lower Ahead Of Jobs Report

Stock index futures edged lower on Friday after their strongest two-day gain in nearly three months and ahead of a report likely to show employment grew solidly for a third straight month.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.