China estimates a total national investment of 372 billion USD to be spent in the next three and a half years on improving energy efficiency, strengthening pollution control and expanding recycling economy.
Vivian Tsai
Aug 28, 2012
India's economy likely remained in its deepest slump for nine years in the quarter ending in June, but high inflation and polarized politics leave the country's leaders with limited scope to crank up growth.
Ambrosia Sabrina
Aug 28, 2012
Naomi Campbell’s Turkish island house was given as a gift to the star nearly a year ago in September, but the supermodel hasn’t always lived such a lavish life. It was recently reported that while Campbell was growing up, her mother was pushed to sell her home in order to pay for her daughter’s stage school.
Lisa Eadicicco
Aug 27, 2012
Chinese criminal gangs have spilled over into the African country of Angola. Now, their illicit activities are threatening China’s presence in the region.
Jacey Fortin
Aug 27, 2012
Plumes of thick, black smoke continue to rise from the inferno that has engulfed Venezuela's main oil refinery and left at least 41 people dead and dozens more injured, following the country's worst oil accident on record.
Ryan Villarreal
Aug 27, 2012
Asian stock markets ended lower Monday as concerns over the Chinese economic slowdown offset the expectations for more stimulus measures from the policy makers around world.
Satya Nagendra Padala
Aug 27, 2012
Lonmin PLC, the platinum producer whose Marikana mine in South Africa was the site of deadly protests during the past several weeks, is pushing for a return to business as usual after an operations shutdown caused by a wildcat strike and a period of national mourning.
Jacey Fortin
Aug 26, 2012
Most Asian markets ended on a negative note last week as disappointing economic reports on China and the euro zone revived concerns over the floundering global economy while the lack of stimulus measures from policymakers also weighed.
Satya Nagendra Padala
Aug 26, 2012
Global automakers from Renault SA (Paris: RNO) to Ford Motor Company (NYSE: F) to Chinese companies like Geely Automotive are all racing to get a piece of the long-term potential promised by Africa's burgeoning automotive market. The continent's economy is on the rise, and despite very real improvements in the quality of life and standards of living in many African countries, risks for multinational manufacturers remain.
Benjamin Reeves
Aug 25, 2012
Falling bridges, crashing trains and other preventable tragedies expose the underlying inefficiencies of China's infrastructure boom.
Jacey Fortin
Aug 24, 2012
A Congressional Budget Office analysis released Wednesday warns the U.S. could be heading for a recession in 2013 if Congress enacts scheduled spending cuts and tax increases.
Ashley Portero
Aug 24, 2012
Research groups say Israel may only suffer a 5 percent blow to GDP, but estimating the full cost of a war is a notoriously inaccurate undertaking.
IBT Staff Reporter
Aug 24, 2012
In spite of a cheery assessment recently from the country's central bankers that led projections of 2012 GDP to be raised -- to 3.5 percent -- while views on inflation were lowered, recent days have seen growing signs of economic distress emanating from Australia.
Eleazar David Meléndez
Aug 24, 2012
Local governments in China are getting ready for major stimulus spending worth as much as 1.1 trillion dollars, despite warnings about the possibly detrimental effects.
IBT Staff Reporter
Aug 23, 2012
It lights up the Parisian sky and graces postcards, key chains and holiday photos, but new figures show that the Eiffel Tower is more than just an iconic tourist attraction -- it’s the most valuable monument in Europe.
Mark Johanson
Aug 23, 2012
The number of Americans lining up for new jobless benefits rose more than expected last week, the Labor Department said Thursday, suggesting little improvement in the labor market.
Moran Zhang
Aug 23, 2012
he Markit Flash Eurozone PMI Composite Output Index, a measure of services and manufacturing order volumes, was 46.6 in August, down from 46.5 in July.
Oliver Tree
Aug 23, 2012
The Egyptian government Wednesday sought a $4.8-billion loan from the International Monetary Fund to help boost the country's economy struggling to recover from a political turmoil since last year's uprising that led to the fall of President Hosni Mubarak.
Amrutha Gayathri
Aug 23, 2012
While the world braces for the next euro zone fiscal crisis flare-up, an analyst at Japanese financial conglomerate Nomura suggests that whatever bad news is just around the corner will not damage global economies as much as such crises once did.
Eleazar David Meléndez
Aug 23, 2012
Puerto Ricans decide its future in November, weighing options that include remaining a U.S. territory or becoming a state. While some say Puerto Rican statehood is bad business for the U.S. others say the nation might be looking at the next swing state.
Laura Matthews
Aug 23, 2012
An unofficial gauge of human misery in the U.S. is now sitting at its lowest level in three years. Not four. In other words, while conditions have improved somewhat, Americans are still feeling miserable under President Barack Obama's watch and that obviously doesn't bode well for Obama's re-election chances.
Moran Zhang
Aug 23, 2012
China's manufacturing activity fell in August compared to that in July, according to the preliminary HSBC Flash Purchasing Managers Index released Thursday.
Bhaskar Prasad
Aug 22, 2012