The IMF recently projected that China's economy will overtake the US economy by 2016. This projection, however, can't be trusted at all.
The Ford Motor Co will idle plants in Taiwan, China and South Africa beginning this week due to the shortage of parts from Japan after the March 11 earthquake and tsunami, the company said on Monday.
Barrick Gold Corp
has agreed to buy Equinox Minerals for about C$7.3 billion ($7.68 billion), topping a bid from China's Minmetals Resources <1208.HK> in a big bet on soaring copper demand.Barrick Gold Corp
has agreed to buy Equinox Minerals for about C$7.3 billion ($7.68 billion), topping a bid from China's Minmetals Resources <1208.HK> in a big bet on soaring copper demand.Donald Trump has made yet another high-profile enemy over his accusations that President Barack Obama may not have been born in the U.S.
Barrick Gold Corp said on Monday it had struck a deal to buy Australian copper miner Equinox Minerals for more than C$7 billion ($7.36 billion), topping a takeover offer by China's Minmetals Resources by 16 percent.
Barrick Gold Corp
has agreed to buy Equinox Minerals for about C$7.3 billion ($7.68 billion), topping a bid from China's Minmetals Resources <1208.HK> in a big bet on soaring copper demand.Barrick Gold Corp
has agreed to buy Equinox Minerals for about C$7.3 billion ($7.68 billion), topping a bid from China's Minmetals Resources <1208.HK> in a big bet on soaring copper demand.China's economic planning agency on Monday published a new list of industries that it would encourage, restrict or ban, a blueprint that could have a far-reaching impact on investment activity China over the coming years.
China's ministry of culture is to punish search engine company Baidu for providing illegal music downloads, a move that may hit its soaring share price.
The top pre-market NASDAQ Stock Market gainers are: Polycom, OmniVision Technologies, Changyou.com, Sohu.com, and Avanir Pharmaceuticals. The top pre-market NASDAQ Stock Market losers are: Orexigen Therapeutics, SanDisk, Micron Technology, and Huntington Bancshares.
U.S. stocks ended higher on Thursday as robust earnings from Apple, Morgan Stanley and General Electric lifted the market, but weaker-than- expected reports on jobless claims and Philadelphia Fed Manufacturing Index kept gains in check.
Gunatanamo detainees verbalized violent threats against their captors, according to the latest set of classified files leaked to anti-secrecy website WikiLeaks.
Asian stock markets ended mixed on Monday as Chinese shares declined to the lowest level in three weeks on monetary policy tightening concerns.
China needs to guard against volatility in U.S. Treasury prices should investors demand higher returns from U.S. government debt, a researcher at the Chinese central bank said on Monday.
International Business Times spoke to Dilshod Achilov, a professor of political science at East Tennessee State University, in Johnson City, Tenn., to discuss Turkey’s evolving role in the Middle East, how it is handling the revolutions in the Arab world and its chances for accession into the EU.
China's inflation will fall slightly in the second half of 2011, but it will be tough to keep the full-year rise in consumer prices below the government's 4 percent ceiling, an official said in remarks reported on Sunday.
China's inflation will fall slightly in the second half of 2011, but it will be tough to keep the full-year rise in consumer prices below the government's 4 percent ceiling, an official said in remarks reported on Sunday.
The Chinese crackdown on perceived dissent took another familiar turn when 20 Christians of a protestant sect were arrested even as they prepared to hold an Easter service in Beijing.
China and South Korea rebuffed on Sunday Japan's calls for more reasonable restrictions on imports of food and other products that could be contaminated with radiation after last month's nuclear disaster, showing the difficulty Japan will face in restoring trust in its products.
Gold prices shot up to a new record of $1,512.50 an ounce in New York late on Friday, posting a record weekly gain and maintaining a six-week winning streak. What the gold rally means to the dollar and the American people is obvious from the rush pawn shops see across the United States.
The government of the Chinese city of Shanghai is cutting some fees to defuse striking truck drivers' anger over high fuel prices, an official spokesman said Saturday, after days of confrontation earlier this week disrupted the world's busiest port.
