China on Tuesday criticized a World Trade Organization (WTO) ruling yesterday that upheld the U.S. decision last year to slap duties on Chinese-made tires and said it will appeal to the global trade body. The Chinese commerce ministry repeated that the safeguard measures adopted by the U.S. on Chinese tire imports were protectionist and counter-productive.
Jijo Jacob
Dec 14, 2010
A survey conducted by Association for Financial Professionals showed the executives do not believe that additional fiscal stimulus is necessary or desirable at this stage.
Manikandan Raman
Dec 14, 2010
Futures on major U.S. stock indices point to a modestly lower opening on Tuesday as investors awaited a wave of economic data including the US Federal Federal Open Market Committee statement (FOMC)
Satya Nagendra Padala
Dec 14, 2010
U.S. stocks advanced in early trade on Monday, following the gains in global equities, after Chinese policymakers refrained from raising interest rates over the weekend.
Satya Nagendra Padala
Dec 13, 2010
Even as the risk appetite of global investors is picking up steam once again, emerging economies have gone past the U.S. in leading the investment pick-up.
Jijo Jacob
Dec 13, 2010
Economists are more positive about economic growth in 2011 in the United States, according to a survey by the Wall Street Journal.
IBT Staff Reporter
Dec 13, 2010
Top 3 philanthropists are women celebrities
IBT Staff Reporter
Dec 12, 2010
US trade deficit declined sharply in October to reach a nine-month low as exports rose, the US commerce department said on Friday.
Shankar besta
Dec 10, 2010
The U.S. home loan demand continued to fall in the week ended Dec.3, posting a decline for two straight weeks as the mortgage rates rise from their lowest levels.
Shankar besta
Dec 08, 2010
Here’s someone who “caught” America’s Transportation Safety Administration (TSA) agent’s eyes at Los Angeles International Airport. The former ‘Baywatch’ actress Donna D'Errico claims that a TSA agent pulled her for body scan without giving a choice of undergoing pat-down search, as per the normal procedure.
Sanskrity Sinha
Dec 08, 2010
China was the subject of most number of anti-dumping investigations in the first half of the year, and products exported from China attracted the highest number of anti-dumping measures by other countries, the World Trade Organization (WTO) has said in a report.
Jijo Jacob
Dec 08, 2010
Australian Foreign Minister Kevin Rudd blamed the United States over the leaked diplomatic cables and maintained that Wikileaks founder Julian Assange 'is not himself responsible for the unauthorized release'.
IBT Staff Reporter
Dec 08, 2010
Fundamentals for the commodity currency now back AUD/USD targeting 1.0006, as the 61.8 percent fibonacci from 1.0181 to 0.9723 projects.
Boby Michael
Dec 07, 2010
Julian Assange appeared at UK's Westminster magistrates court a short while ago, where the charges were read out to him, setting off a judicial process leading to his possible extradition to Sweden. The Sky News said Assange had sought Australian consular assistance and that staff of the Australian High Commission were with him inside the court.
Jijo Jacob
Dec 07, 2010
U.S. stocks advanced in early trade on Tuesday as sentiment was buoyed by President Barack Obama's announcement of an agreement with Republicans on a plan to extend income tax cuts for all Americans.
Satya Nagendra Padala
Dec 07, 2010
Global trade protectionism will accelerate in the years ahead and the tussle between the U.S. and China over trade and other issues will escalate to crisis levels as early as in 2012, according to an analyst.
Jijo Jacob
Dec 07, 2010
In a rare show of collective security, the United States, South Korea and Japan held a trilateral meeting on Monday to send a strong message aimed at China, which is seen as shielding North Korea.
Nagesh Narayana
Dec 07, 2010
Crude production from the Organization of the Petroleum Exporting Countries (OPEC) dropped in November by around 70,000 barrels per day (bpd) to 29.1 million bpd, a Platts survey of oil industry officials and analysts showed on Monday.
Jijo Jacob
Dec 07, 2010
S&P 500 Index slid 3.63 points, or 0.31 percent, to trade at 1,220.95 at 09:55 a.m. EST. The Dow Jones Industrial Average is down 30.08 points, or 0.26 percent, to trade at 11,352.01. The Nasdaq Composite Index fell 0.28 percent to trade at 2,584.64.
IBT Staff Reporter
Dec 06, 2010
During the negotiations (with the U.S.), I did not think of Yeonpyeong Island or the USS George Washington. I have just mulled over the benefits and losses in terms of trade, South Korean trade minister Kim Jong-hoon said, apparently to refute criticism that Seoul gave away ground to the U.S. in the aftermath of the geopolitical crisis precipitated by last week’s shelling by North Korea on South’s islands.
Jijo Jacob
Dec 06, 2010
Futures on the S&P 500 are down 0.30 percent to 1,219.80, futures on the Dow Jones Industrial Average are down 0.21 percent to 11,340.00 and Nasdaq100 futures are down 0.19 percent to 2,183.00.
IBT Staff Reporter
Dec 06, 2010
Wikileaks founder Julian Assange has told the Guardian newspaper that there are, indeed, some references to UFOs (Unidentified Flying Objects) that reamined a mystery.
Nagesh Narayana
Dec 05, 2010