China is likely to fail in its drive for state-owned steel giants to swallow small mills and create iron ore super buyers to wring better prices from leading sellers Vale, Rio Tinto and BHP Billiton.
China's central bank on Wednesday denied a report that it has kicked off a pilot programme to liberalise bank deposit rates.
Asia's first ever snow polo tournament went into its second day on Wednesday at China's newest and largest polo club, with six top global teams promoting the luxury sport to the nation's new and growing ranks of wealthy.
China's new review body for inward M&A could bring some much-needed transparency to the deal approval process and even make it quicker for foreign companies to get tie-ups with mainland firms past the authorities.
Global miner BHP Billiton's boss, Marius Kloppers, confirmed on Wednesday he had harboured concerns about Chinese and competitor espionage on his business, citing it as a reason behind his push for market pricing of key commodities.
Gold steadied on Wednesday ahead of a raft of U.S. data due later, having earlier risen to four-week highs as a retreat in the dollar and concerns over the medium-term inflation outlook helped support the precious metal.
BHP Billiton plans to pour $80 billion into expansion over the next five years rather than chase ambitious takeovers, the world's biggest miner said after booming demand for iron ore and copper helped nearly double its first-half profits.
Barclays Capital said it continues to believe the new tablet category (led by Apple Inc.'s iPad) is poised for rapid growth over the coming years.
The home improvement retailer is set to give significant boost to job creation in the economy, hiring over 60000 seasonal associates to cope with the demands of a busy spring season.
India and Japan, two of Asia's largest economies, signed the landmark free trade agreement (FTA) on Wednesday, paving way for the elimination of tariffs on more than 90 percent of goods traded between the two countries over the next decade.
Global miner BHP Billiton's boss, Marius Kloppers, confirmed on Wednesday he had harbored concerns about Chinese and competitor espionage on his business, citing it as a reason behind his push for market pricing of key commodities.
China will soon publish new regulations to increase supervision of the country's rare earth industry in a move that is likely to drastically change the landscape of the sector, the China Securities Journal informed on Wednesday.
BHP Billiton , the world's biggest miner, plans to pour $80 billion into expansions over the next five years and return cash to investors rather than chase ambitious takeovers, after nearly doubling its first-half profit to a record.
The Group of 20 wealthy and emerging nations is likely to encourage emerging countries to let their currencies float more freely when they meet this week, in a repeat of language used last year, a G20 official said on Tuesday.
The United States hopes the Group of 20 meeting in Paris this weekend will begin coming to grips with how to handle rapid flows of capital that stoke inflation and cause currency rate disruptions, a Treasury official said on Tuesday.
Wide differences between rich and poor countries may frustrate France's hope of taking a bold step toward stabilizing the global economy at a Group of 20 finance ministers meeting this week.
China is prepared to increase interest rates and banks' required reserve ratios (RRR) further in 2011, a government think-tank said in a report published on Tuesday.
A Chinese company has won a 900 million euro ($1.21 billion) contract to build a new international airport in the Sudanese capital Khartoum, underscoring the close links between China and sanctions-hit Sudan.
China, Syria and others face a dictator's dilemma over Internet control and risk being left behind as the rest of the world embraces new technologies, Secretary of State Hillary Clinton said on Tuesday.
A top Chinese official has backed ailing North Korean leader Kim Jong-il's plans to hand power to his son, the North's state media said on Tuesday, hailing the successful solution to allow continued socialist rule.
Apple Inc. (Nasdaq: AAPL) disclosed in a report 91 children under the age of 16 were found to be working last year in ten Chinese factories owned by its suppliers.
Global food prices have reached dangerous levels and have pushed an additional 44-million more people in the developing nations into poverty since last June.
