CHINA

IBTimes Logo

Toyota Q3 set to slump on Japan sales

Toyota Motor Corp <7203.T> is expected to report a huge drop in quarterly profits on Tuesday hit by tanking Japanese car sales and a firm yen, highlighting its damaging exposure to the loss-making export business.

Regulators set to curb bank bonuses, part of global move

IBTimes Logo
Regulators on Monday are expected to make their most forceful attempt yet to clamp down bank bonuses since the 2007-2009 financial crisis, but the proposals pale in comparison to harsher restrictions already set in Europe.

Geithner pledges to work with Brazil on China

IBTimes Logo
The United States and Brazil will pressure countries that keep their currencies undervalued, Treasury Secretary Timothy Geithner said on Monday, reinforcing an emerging alliance between the Western Hemisphere's two biggest economies at the expense of China.
IBTimes Logo

Big U.S. banks face delayed bonuses

U.S. regulators on Monday made their most forceful attempt yet to clamp down bank bonuses since the 2007-2009 financial crisis, but the proposals pale in comparison to harsher restrictions already set in Europe.
More news
IBTimes Logo

U.S. set to curb bank bonuses, part of global move

U.S. regulators on Monday are expected to make their most forceful attempt yet to clamp down bank bonuses since the 2007-2009 financial crisis, but the proposals pale in comparison to harsher restrictions already set in Europe.
China Huadian seeks listing for new energy unit: report

China Huadian seeks listing for new energy unit: report

China Huadian Corp, one of the country's five major state-run power generation groups, said it will speed up the public listing of its new energy unit this year, the China Daily reported, citing General Manager Yun Gongmin.
IBTimes Logo

Gold steady after first weekly rise

Gold held near $1,350 an ounce on Monday after the metal's first weekly rise this year supported investor confidence in the metal, though a more optimistic view of the global economic outlook is continuing to weigh on prices.
IBTimes Logo

Sudan troops mutiny in southern oil state; 50 killed

A mutiny by Sudanese troops refusing to leave the south ahead of its expected independence has spread through towns in an oil-producing state, with at least 50 people killed in the past four days, officials said.
IBTimes Logo

Asian stocks near 3-year highs on U.S. data

Asian stocks pushed toward a near three-year peak on Monday as the U.S. job market showed further signs of recovery, highlighting a brighter economic outlook, while the dollar eased against a basket of currencies.
IBTimes Logo

Asian stocks hold gains on U.S. job data

Asian stocks clung to early gains on Monday as the U.S. job market showed further signs of recovery, highlighting a brighter outlook for its economy, while the dollar firmed against a basket of other major currencies.
IBTimes Logo

For Bernanke, no escaping politics now

For a Federal Reserve chairman who is worried about politics interfering with monetary policy, Ben Bernanke is taking on some awfully heated political topics.

What is the real reason behind Chinese inflation?

China maintains yuan's peg to the dollar by continually purchasing dollars in the open market, which means that China has to buy more ad more dollars as the U.S. currency gets weaker. And here is the role of the U.S. Federal Reserve in exacerbating Beijing's concerns.
Internet Connection

Internet Kill Switch Not Possible In The U.S.

Since the Egyptian government shut down the Internet for days in the wake of protests, some have asked if the U.S. government could set up an Internet kill switch to cut off access -- either to stop people from communicating or protect the country from cyber attack.
IBTimes Logo

Treasury: can't say China a forex manipulator

China's yuan currency remains substantially undervalued and should be permitted to appreciate more rapidly but there isn't enough evidence to conclude that Beijing deliberately manipulates its value, the U.S. Treasury department said on Friday.
EU to end Chinese telecom probe despite subsidies

EU to end Chinese telecom probe despite subsidies

The European Union will drop its inquiry into whether China is giving illegal aid to two of its leading telecom firms, even as the EU's executive cites evidence of massive subsidies, according to EU Commission documents.
People dressed as aliens

Suggesting A Protocol For Calling ET

If people on Earth want to talk to aliens, we may have to change our tune - or at least the way we broadcast it. And we may need a crowd to help figure out what to do.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.