CHINA

Oil prices fell to their lowest in two weeks on Wednesday, hit by a build in U.S. crude stocks and a broad decline in commodities after weak U.S. economic data and concerns over tighter Chinese monetary policy.

China announced a new State Internet Information Office on Wednesday to unify the squabbling agencies that oversee the Chinese Internet, which Beijing views as both a potential gold mine and a political threat.

Signs of weakness in the U.S. economic recovery mounted as reports on Wednesday showed a sharp slowdown in the vast services sector and less hiring by private companies in April.

Donald Trump claims that he has read “hundreds” of books about China and is an expert on the country’s culture, economy and its relationship with the U.S.

Tens of billions of dollars of Chinese investment could flood into the United States in the next decade, creating a multitude of American jobs if officials do not succumb to a political backlash and throw up barriers, according to a report released on Wednesday.

China's inflation rate has reached a point where it is sparking social unrest, the American enterprise Institute's (AEI) latest outlook report has noted. Chinese premier Wen Jiabao's recent comment that inflation is a tiger that once set free is very difficult to put back in its cage[1] aptly characterizes the current inflation in his country. The world's second-largest economy faces some fundamental choices if it is to restore stability, says the report, which was au...

Glencore International on Wednesday unveiled details of an initial public offering in which it will look to raise as much as $11 billion.

The rich keep getting richer, both here in the United States and especially in the world's emerging markets.

China's roaring economy will slow a touch this year, with inflation staying stubbornly above the government's 4 percent target, arguing for monetary policy to tighten further, a Reuters poll showed.

Standard Chartered Plc said it had cut 800 jobs this year to restrain rising costs after making record first quarter profits and revenue on the back of strong Asian markets like India and Hong Kong.

World stocks fell further from last week's three-year high on Wednesday as falling commodity prices and concerns about signs of economic slowdown in China prompted investors to scale back their risky positions.

Nissan Motors has bagged the contract to provide the next generation of New York's famous yellow taxis, the car-maker said in a statement.

Standard Chartered said it has had an excellent start to the year as key Asian markets lifted income by over 10 percent, although costs rose at a faster rate after a hiring spree last year.

Asian shares fell and the U.S. dollar rose on Wednesday, with falling commodity prices spooking investors and causing a broad pullback in risk taking.

India's central bank raised interest rates by a bigger-than-expected 50 basis points on Tuesday and declared it would battle stubbornly high inflation even at the cost of some economic slowdown, casting doubt over the government's ambitious growth targets.

Finance ministers of China, Japan and South Korea are mindful of the challenges from inflation, rising commodity prices and the increasing volatility of capital flows to the region, a draft statement seen on Tuesday ahead of a trilateral meeting showed.

India's central bank raised interest rates by a sharper-than-expected 50 basis points on Tuesday and signaled it would battle stubbornly high inflation even at the expense of the government's economic growth ambitions.

The United States should focus less on China's currency practices and more on the threat to U.S. companies posed by Beijing's support for state-owned enterprises, a business group said on Monday.

Telecommunications chipmaker NetLogic Microsystems Inc's quarterly sales missed estimates and fell 2 percent over the last quarter as Chinese carriers tightened spending, and the company's shares slipped 5 percent after the bell.

U.S. stocks kicked off May with slim losses, as the energy sector followed the price of oil lower and investors couldn't sustain a morning rally that followed the death of Osama bin Laden.

Greenlight Capital, the hedge fund run by investor David Einhorn, acquired a significant long position in Yahoo Inc during the first quarter, citing Yahoo's most valuable asset as its stake in China's Alibaba Group.