CHINA

IBTimes Logo

China Cabinet Economist Warns of 'Deflation' in 2012

China's headline consumer price index is on track to fall on a month-to-month basis in the coming months and mark a year-on-year decline in the second half of 2012, a government economist said in comments published on Friday.

China cabinet economist warns of deflation in 2012

IBTimes Logo
China's headline consumer price index is on track to fall on a month-to-month basis in the coming months and mark a year-on-year decline in the second half of 2012, a government economist said in comments published on Friday.

Shares, euro flat ahead of U.S. jobs report

IBTimes Logo
A dip in figures on China's non-manufacturing sector helped dampen financial markets optimism on Friday ahead of U.S. jobs data that will offer more clues on the strength of the world's top economy.
Asian Stock Market

Asian Shares, Euro Fall Ahead of U.S. Jobs Data

Asian shares and the euro fell on Friday as debt restructuring talks between Greece and its creditors dragged on, undermining sentiment, and investors sat tight ahead of U.S. jobs data that will offer more clues on the health of the world's top economy.
More news
IBTimes Logo

Russia Threatens to Veto Syria Resolution at U.N.

Russia shot down suggestions from some U.N. Security Council members of an imminent deal on a draft resolution aimed at stopping Syria's bloody upheaval, warning it would veto the current text if it were put to a vote on Friday.
IBTimes Logo

Asian Markets Flat, Awaiting U.S. Jobs Numbers

Asian shares and major currencies were stuck in ranges Friday ahead of key U.S. jobs data, which will offer more clues over the state of the world's largest economy, while Greek debt restructuring talks dragged on.
IBTimes Logo

AMD's CEO Prepares Chipmaker for a Fight

Advanced Micro Devices' new chief executive delivered an enthusiastic pitch in his debut before Wall Street analysts, telling them he was getting the struggling PC chipmaker fit to fight in a quick-changing computer industry.
Louis Vuitton

LVMH Profit Beats Forecasts, Sees 'Excellent' 2012

LVMH, the world's biggest luxury goods group, said the outlook for 2012 was excellent and hiked its dividend after rapid growth in Asia and at its Louis Vuitton brand helped it post a forecast-beating rise in full-year operating profit.
Rupee

Rupee Hits 3-month High

The rupee hit a three-month high on Thursday, encouraged by gains in domestic equities, and after manufacturing data in China and Germany boosted investor appetite in high-yielding emerging market assets.
A Facebook logo is displayed on Kodak photo kiosk during the 2012 International Consumer Electronics Show (CES) in Las Vegas

Facebook Faces Daunting Challenge in Asia

Facebook aims to connect all two billion Internet users. So far it has captured 845 million of them. Of the rest, nearly 60 percent live in Asia and hooking them is going to be a daunting challenge.
IBTimes Logo

Dow Chemical profit, revenue miss

Dow Chemical Co's quarterly profit and revenue missed Wall Street's expectations as demand for electronics, plastics and coatings plunged, causing the company to slash production and aggressively discount some products.
IBTimes Logo

Dow Chemical profit misses; shares drop

Dow Chemical Co's quarterly profit and revenue missed Wall Street's expectations as demand for electronics, plastics and coatings plunged, causing the company to slash production and aggressively discount some products.
Facebook Filing for $5-Bln IPO

Factbook: Facebook's Laundry List of Risks

Investors jumped on Facebook's regulatory filings on Wednesday for a glimpse into the company's inner workings ahead of one of the hottest initial public offerings in recent history. But there are also potential downsides.
Director of National Intelligence James Clapper testifies at a Senate Intelligence Committee hearing on Capitol Hill

Hacked Companies still Not Telling Investors

At least a half-dozen major U.S. companies whose computers have been infiltrated by cyber criminals or international spies have not admitted to the incidents despite new guidance from securities regulators urging such disclosures.
Employees work in the international user operations area at the new headquarters of Facebook in Menlo Park

Analysis: Facebook's Daunting Asian Challenge

Facebook aims to connect all two billion Internet users. So far it has captured 845 million of them. Of the rest, nearly 60 percent live in Asia and hooking them is going to be a daunting challenge.
IBTimes Logo

Online video firm Youku sues rival Tudou: report

Youku.com, China's largest online video company, filed a lawsuit against its No.1 rival, Tudou Holdings Ltd, saying it incurred losses because of claims by Tudou that Youku had misused copyrighted material, the government-run Xinhua news agency reported on Thursday.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.