Despite rising oil prices, global petroleum use is expected to be stronger over the next two decades than previously estimated, the U.S. government said on Monday.
China urged regional powers on Monday to restart moribund nuclear disarmament talks with North Korea, with its foreign minister Yang Jiechi defending Beijing as an honest broker seeking to defuse confrontation with Pyongyang.
As the U.S. economy slouches toward another recession and confidence in policymakers erodes, investors are coming to grips with the notion that the country may already be several years into a Japan-style lost decade.
The death toll has risen to 53 people in Sikkim, India, where a 6.9 magnitude earthquake hit Sunday night. About ten of the deaths occurred in Nepal, primarily in the capital of Katmandu, where a series of building collapses trapped people under debris.
Rui Feng, the chief executive of embattled miner Silvercorp , has boosted his stake in the company further, according to regulatory filings that indicate his vote of confidence in his own firm.
Global airlines will buy $3.5 trillion of aircraft over the next 20 years to meet relentless demand for travel to and from Asia's burgeoning megacities and renew aging fleets in the West, Airbus said on Monday.
Apple seems to have woken up to the need to tighten its security after it lost an iPhone prototype for the second time — this time it's about the upcoming iPhone 5.
Chinese media also reported that villagers blamed the factory’s pollution for causing at least 31 cases of cancer in the nearby village of Hongxiao.
India and China drove the second-quarter's robust demand for gold, the World Gold Council said in its analysis of industry trends during the three-month period.
Hackers gained access to the computers of the biggest defense contractor in Japan, the manufacturer of Patriot Advanced Capability 3 missiles, targeting the submarine, missile and nuclear power plant component factories.
Japan's biggest defense contractor, Mitsubishi Heavy Industries Ltd, said on Monday hackers had gained access to its computers, with one newspaper saying its submarine, missile and nuclear power plant component factories had been the target.
President Barack Obama will unveil a plan to cut the U.S. deficit by about $3 trillion over the next decade with nearly half of the savings coming from tax increases.
Diamond producer De Beers expects global demand growth for rough diamonds to set a new record this year on the exceptionally strong performance of its key U.S. market and robust demand in China and India, the head of the company's distribution arm said.
China should refrain from boosting credit and fiscal spending again as stimulus measures to avoid fueling inflation and pushing up government debt, Wu Xiaoling, a former deputy central bank governor said in remarks published on Monday.
It could almost be scripted. A U.S. politician threatens to take China on if he makes the White House. The official Chinese press level a barrage of criticism laced with sarcasm. Beijing's Foreign Ministry steps in offering a milder diplomatic response.
China should refrain from boosting credit and fiscal spending again as stimulus measures to avoid fueling inflation and pushing up government debt, Wu Xiaoling, a former deputy central bank governor said in remarks published on Monday.
Sany Heavy Industry Co Ltd , China's largest construction machinery maker, could raise up to $3.33 billion in the second biggest stock offering this year in Hong Kong, braving volatile markets to raise funds for expansion of its factories.
Residents of a village in east China accused riot police of heavy-handed tactics after a three-day protest against a solar panel factory accused of dumping toxic waste was brought to an end on Sunday.
Protesters have camped outside an east China-based solar panel manufacturer accusing it of dumping toxic waste into a river, China's official Xinhua news agency reported on Sunday.
Sinohydro Group Ltd, the builder of the Three Gorges Dam, said on Monday it would launch a $2.7 billion initial public offering this week, confirming a Reuters report last week.
China's securities regulator is asking the government to clamp down on the controversial corporate structure used by companies such as Sina (SINA.O) and Baidu (BIDU.O) to list overseas, and employed in thousands of other investments by foreigners into domestic Chinese companies, four legal sources told Reuters.
Nearly right after reports surfaced that Apple lost another prototype -- this time the anticipated iPhone 5 -- the company is taking steps to ensure it keeps things safe, moving to create a global security force.
