China will grow slower in 2011 due to the unwinding of fiscal stimulus and the restrictions placed on overheating sectors, the World Bank said in a report.
After Chinese President Hu Jintao and Barack Obama show the world smiles and handshakes next week, the wait will begin for the next of the feuds that have regularly sapped trust between the two powers.
U.S. Treasury Secretary Timothy Geithner said on Wednesday that China needs to raise the value of the yuan more quickly and faster progress could pave the way for greater access to U.S. high-tech goods.
The euro dipped on Thursday but could head higher if Spain and Italy, like Portugal, also find decent demand for their debt, while U.S. oil prices crept up to $92 a barrel, potentially straining consumers who are already watching food prices climb.
The euro was stable on Thursday and could head higher if Spain and Italy like Portugal also find decent demand for their debt, while U.S. oil prices marched above $92 a barrel, potentially straining consumers watching food prices climb.
(The following was released by the rating agency)Standard & Poor's Ratings Services said today that it had assigned its 'AA-' issue rating to the proposed issue of U.S. dollar-denominated senior unsecured notes by CNOOC Finance (2011) Ltd. CNOOC Ltd. (AA-/Stable/--) irrevocably and unconditionally guarantees the notes.
Worries about China's military buildup and aggressive diplomacy are bolstering its neighbors' desire to see Washington stay committed to the region while pushing them to hedge their bets against waning U.S. influence.
China told the United States on Wednesday its first test-flight of a stealth fighter jet should not be seen as a threat, reiterating it had no intention of challenging U.S. military might in the Pacific.
Shanghai Pharmaceuticals Holding Co Ltd (601607.SS) aims to raise at least 8 billion yuan ($1.21 billion) in a Hong Kong listing before the end of June, and will submit a listing application in Hong Kong this month, the South China Morning Post reported on Thursday.
Hong Kong stocks are likely to rise further on Thursday with traders expecting momentum to continue after the benchmark convincingly broke through short-term chart resistance on high volumes.
Following are news items and media reports that may affect the Taiwan stock market. Double click on the number in [] to read the stories.
China's largest lender, Industrial and Commercial Bank of China (ICBC), said it will not conduct fundraising from the capital markets within three years, the Securities Times reported on Thursday, citing the bank's chairman.
After Chinese President Hu Jintao and Barack Obama show the world smiles and handshakes next week, the wait will begin for the next of the feuds that have regularly sapped trust between the two powers.
China told the United States on Wednesday its first test flight of a stealth fighter jet should not be seen as a threat and reiterated it had no intention of challenging U.S. military might in the Pacific.
State-owned Bank of China Ltd's move to offer limited deposit services in the renminbi to U.S. customers represents a tiny step in what will be a long journey for the Chinese unit to become a widely-traded international currency.
(Wikipedia corrects its unique visitors figure to 410 million from 440 million in paragraph 3)
With China virtually cut off and Western markets maturing, Wikipedia is targeting India first and possibly Brazil next to reach its goal of 1 billion users, Executive Director Sue Gardner says.
President Hu Jintao of China is coming to America next week, to meet with President Barack Obama and discuss relations between the world’s two largest economies.
Activist investor Boston Common Asset Management LLC said that it has sold most of the 167,000 shares it held in Cisco Systems Inc, capping a lengthy dispute with the company over its human rights record.
Airbus basked in the world's biggest commercial plane order on Wednesday, with shares in parent EADS lifted by news of its $15.6 billion 180-aircraft deal with Indian airline IndiGo.
Shanghai has launched a pilot scheme allowing qualified foreign institutions to make private equity investment in China, marking an important step in the liberalization of China's capital markets.
Cameroon will take a 207 billion CFA concessionary loan from the Export-Import Bank of China to fund construction of a deep sea port at Kribi, the government said on Wednesday.
