African economic growth is heading back to pre-crisis growth levels, propelled by strong demand for its resources and increased South-South investment, notably from China.
Africa should have a greater presence in the Group of 20 nations rather than be largely excluded and simply told how to run their economies, Botswana's central bank governor said on Thursday.
Chinese group Lenovo, the world's No. 4 PC brand, is to invest $175 million in a joint venture with Japanese company NEC to sell PCs in Japan, it said, to help it outpace global market growth.
Apple became the third largest PC vendor in the fourth quarter of 2010, helped by strong sales of iPad and Mac as well as fast growth in the Asia Pacific region, according to the latest report from Canalys.
The Federal Reserve showed on Wednesday it was in no rush to cut short its rescue of the U.S. economy, saying high unemployment still justified its $600 billion bond-buying plan even though the economy has
The top pre-market NASDAQ stock market gainers are: 1-800-Flowers.com, Netflix, Network Engines, Abington Bancorp, and Qualcomm. The top pre-market NASDAQ stock market losers are: Rex Energy, Starbucks, E*Trade Financial, China Natural Gas, and Research In Motion.
Shark populations continue to decline due to unregulated fishing, much of it to meet the high demand for fins. A new analysis finds that the international plan, which was approved by members of UNFAO in 2001, has yet to be fully implemented.
China's largest e-commerce firm Alibaba Group has postponed indefinitely its listing plans for its subsidiaries, said a company source on Thursday.
A battle between large supermarket operators to tap into Southeast Asia's growing consumer wealth could trigger more acquisitions, with Indonesia, Vietnam and the Philippines seen as the next hot spots.
U.S. lawmakers plan to reintroduce China currency legislation that was overwhelmingly approved last year by the House of Representative but failed to become law, congressional aides said on Wednesday.
China's annual economic growth is expected to ease to about 9 percent in the first quarter while consumer inflation is projected at 5 percent, according to a government think tank report published in the official Chinese Securities Journal on Thursday.
Japan's annual export growth picked up more strongly than expected in December as shipments to China jumped to a record high and auto demand in the United States recovered, reinforcing views that the economy will soon emerge from a lull.
Starbucks Corp, the world's largest coffee chain, expects rising coffee prices to hit profits more than it previously thought but stressed that it would not raise prices to cover the extra expense.
Jack Plunkett, CEO of Plunkett Research, believes the U.S. economy is headed towards a secular boom between now and 2025.
Thirty provinces in China raised minimum wages by the end of 2010 as inflation, particular those of food items, surged last year.
(Company corrects to narrow fiscal 2011 forecast range in second bullet and fifth paragraph. The information first appeared in UPDATE 2. Changes headline due to space
considerations)
Belgium's economy minister said on Wednesday that heavy state involvement in emerging market economies is unsustainable, and it urged China to open sectors up to foreign companies.
Apple Inc (AAPL.O) fully supports China Mobile's next generation TD-LTE technology and talks are ongoing over a possible iPhone tie up with the carrier, China Mobile's chairman was quoted as saying.
The Mexican economy is getting a helping hand from unlikely allies: Chinese workers whose rising wages are leading more companies to build factories in Mexico.
South Korea today proposed a time and place to meet with North Korea, following an agreement the nations reached last week to resume talks. The meeting is projected to take place on Feb. 11 in the Demilitarized Zone that separates the two nations.
In his State of the Union address last night, President Obama devoted several lines to the slumping stature of U.S. education, by our own standards and globally.
In his opening speech at the Davos world economic forum in Switzerland, Russia’s President Dmitry Medvedev touched on a number of subjects, including why he was late to the confab – the suicide bombing in a Moscow airport that killed 35 people.
