Nissan Motor , the largest Asian automaker in China, plans to nearly double its annual sales in the country to 2.3 million vehicles by the end of 2015, the company said on Tuesday, as it accelerates its expansion in the world's largest auto market.
China's Sinohydro Group Ltd, the builder of the Three Gorges dam, plans to raise more than $2.5 billion in what could be mainland China's biggest initial public offering this year.
The top after-market NYSE gainers on Monday are: BancorpSouth, Hexcel, Wuxi Pharmatech, Helix Energy Solutions and E-Commerce China Dangdang. The top after-market NYSE losers are: STMicroelectronics, Unisys, Basic Energy Services, Lender Processing and Albemarle Corp.
Almost 200 sq miles of the Yellow Sea in China have been clogged by a massive invasion of a species of green algae called Enteromopha prolifera.
Social games maker Zynga is partnering with Tencent Holdings Ltd, the Chinese Internet company, to launch its first game in mainland China as it tries to find new users by tapping into the $5.8 billion Chinese games market.
The Chilean miners who were trapped underground for 69 days last year have sold their life rights to producer Mike Medavoy, who will begin production on a movie about the 33 men this year.
China's top search engine Baidu Inc forecast revenue well ahead of Wall Street's expectations as large advertisers increased spending, sending its shares up around 7 percent.
Baidu Inc forecast revenue well ahead of Wall Street's expectations as major advertisers shrugged off fears of a Chinese economic slowdown, and its shares rose 7 percent.
The U.S. Federal Reserve's much criticized bond buying spree had only mild side-effects on other economies but the process of tightening monetary policy eventually may reverberate more harshly, an IMF report said on Monday.
Another impasse at the U.S. debt ceiling talks caused gold to touch new highs on Monday. Spot gold rose to a record $1,622.49 per ounce, an increase of 1.1 percent, as investors became nervous about the possibility of a U.S. rating downgrade. There are analysts who believe that irrespective of whether there will be a debt deal in the U.S. or not, gold will continue to rise higher, basically because of the residual weakness of the dollar.
China may have lost a 15 billion euro contract.
Two fake Apple stores shut down in Kunming while three others get to stay open.
Not for the first time, asset managers may be playing a high-risk game as they face the threat of a U.S. debt default without concrete contingency plans.
Policymakers worldwide oscillated between hope and confidence on Monday that U.S. lawmakers will break a debt impasse that threatens to trigger a default and up-end global financial markets.
The deadly crash of a bullet train on China's new high speed railway raises questions of safety, technology and government accountability.
Grain prices will likely remain elevated at the end of this year, a Reuters poll showed, providing little relief to food prices while continuing to challenge policymakers battling to tamp down inflation.
The killing of rhinoceroses has reached epidemic levels in South Africa, which is home to about 90 percent of the global rhino population.
General Electric Co is moving its global X-ray headquarters to China from the United States as part of the largest U.S. conglomerate's overall drive to boost its presence in big emerging markets.
Government directives demanding journalists not question official accounts of a deadly high-speed train crash in eastern China are fueling public anger and suspicion about conflicting details of the accident, such as the death toll.
Chinese officials have ordered the closure of two out of five fake apple stores in Kunming that were uncovered last week by an American Blogger.
Secretary of State Hillary Clinton sought to reassure Asian investors over U.S. debt worries Monday, saying she was confident President Obama would ultimately reach a deal with congressional leaders to prevent a catastrophic default.
Not for the first time, asset managers may be playing a high-risk game as they face the threat of a U.S. debt default without concrete contingency plans.
