China's test flight of a prototype stealth fighter will help insulate U.S. weapons spending against deeper cuts sought by deficit hawks and add momentum to efforts by Defense Secretary Robert Gates to redirect precious budget dollars to future threats.
The company continues expanding its cloud computing services in Asia with plans to build a center in Langfang City.
A former Northrop Grumman Corp (NOC.N) engineer has been sentenced to 32 years in prison for providing secret defense information to China, exporting technical military data and other crimes, the U.S. Justice Department said on Tuesday.
The following table shows China's five major state-owned power generating groups' operational results in 2010, as reported by the companies or official media.
Leather goods maker Coach Inc reported a larger-than-expected quarterly profit as U.S. luxury spending rebounded and sales in China soared over the holiday season.
Chinese banks finished 2010 in a stronger position than they started, chipping away at their bad debt holdings and beefing up provisions in case their asset quality deteriorates, a new set of official data shows.
Emerging stocks edged down on Tuesday as inflation worries persisted and weaker metals prices knocked South African shares and the rand.
Mozambique's Ports Development Company (MPDC) said on Tuesday it would increase the handling capacity of its Maputo port to 12 million tonnes this year from 8.7 million in 2010 to take more coal from South Africa.
Algeria expects oil production to remain steady in 2011, while liquefied natural gas (LNG) supply contracts will be met despite reduced capacity, the head of state-owned energy giant Sonatrach said on Tuesday.
South African logistics group Transnet said on Tuesday it would reopen a coal export line leading to the Richards Bay coal export terminal at 1400 GMT after a derailment over the weekend.
A presidential election in Niger aimed at returning the West African uranium exporter to civilian rule will go ahead as planned on January 31 after logistical problems were solved, the ruling junta said late on Monday.
Google's Chief Executive Eric Schmidt said he expected to spend another 10 years at the company, after his surprise handover last week to co-founder Larry Page.
Roger Federer made a quick dash into an eighth straight Australian Open semi-final on Tuesday but Novak Djokovic's resounding win over Thomas Berdych was a warning the Swiss cannot yet count on a sixth final.
Nine Chinese cities in the southern part of the nation around the Pearl River Delta are proposed to be merged to create world’s largest mega city at a cost of $300 billion with a population of 42 million.
Billionaire Stanley Ho, the 89-year old godfather of a casino business empire based in Macau in southern China, is battling members of his own family over the control of companies that comprise his immense wealth.
Outgoing Chief Executive Eric Schmidt said on Tuesday he expected to spend another 10 years at Google, after announcing his surprise handover last week to co-founder Larry Page.
Gold fell to its lowest in ten weeks on Tuesday, putting the price on course for its worst monthly performance in 13 months as safe-haven demand evaporated and investors booked further profits on the 2010 rally.
China asked importers of caprolactam from the US and the European Union (EU) to pay a security deposit, the Ministry of Commerce (MOC) said Monday.
Leather goods maker Coach Inc reported a larger quarterly profit as U.S. luxury spending rebounded and sales in China soared over the holiday season.
China's Huawei Technologies Co. Ltd. has sued Motorola to delay the sale of the latter's wireless infrastructure business to Nokia Siemens Networks. The lawsuit alleges that such a sale would possibly result in illegal transfer of Huawei's intellectual property.
Europe needs to strengthen its financial rescue fund to reduce the risk of renewed global instability as U.S. tax cuts and buoyant emerging economies help propel the recovery elsewhere, the IMF said on Tuesday.
The number of tigers in Asia could be nearly tripled if all the countries that support the population would be treated as large scale landscapes, a study by some of the world's leading conservation scientists said.
