Result Page 1149 for China news & latest pictures from ibtimes.com

Asia set to become gold bullion HQ

Asia's time has come as far as bullion market is concerned. Now, London's Dominance of gold bullion dealing worldwide faces a major challenge in the fast-rising Asian jewelry and investment markets.

Oil rises towards $76 on firmer equities

Oil rose toward $76 on Thursday, boosted by a rally in equity markets in Asia and Europe on expectations of strong economic growth in China and Germany. Shares in Hong Kong and Shanghai climbed, with resources companies outperforming the broader market as news of mega-mergers also whetted risk appetite in the sector.

Oil tracks Asian equities higher on demand optimism

Oil rose to over $76 on Thursday, boosted by a rally in Asian equities as investors focused on the prospects for accelerating Chinese demand for natural resources. U.S. September crude climbed 19 cents to $75.61 a barrel at 0822 GMT (4:22 a.m. EDT), having earlier risen as high as $76.08. ICE Brent rose 35 cents to $76.82.

A French High Speed Train (TGV) arrives at Marseille's railway station during a national strike.

U.S. high-speed railway: a matter of cost and demand

The federal government has committed at least $8-billion (and counting) for the development of a nationwide high-speed intercity passenger railway system in almost three-dozen states. Rail advocates have long dreamed of an extensive railway grid that will provide clean, speedy, energy-efficient travel.

More news

Time to cash in on China gold rush

Bullion analysts across the world have only one advice for the investors now, watch out for China and cash in on the latest move by the dragon land to liberalize the gold market. From London to new York, from Mumbai to Dubai, all analysts are now banking on the China market to lift gold as in a recent decision Beijing has shown its intention to promote consumer investment in gold. As part of this, China will let many more banks to import and export gold for consumption and also open gold tradi...

Dollar rates fall to 15-week lows,China rates ease

The cost of borrowing dollars fell on Wednesday and eurodollar futures rose amid growing market conviction financing rates will remain low for a longer period. The average cost of 3-month funds in Singapore SIUSD3MD=ABSG fell to a 15-week low of 0.35778 per cent from 0.37611 percent. The rates have fallen every day since July 16, the last time they had risen. Dollar funding costs have fallen by over 10 bps this month.

China finds another gold reserve in Liaoning

World's largest gold producer China's output for July recorded an increase by 28.31 tones as it finds another gold reserves in Liaoning Province According to China's Industry and Information Technology ministry, country's gold output reached 31.897 tonnes in June.

China remains FDI magnet in July

Foreign Direct Investment (FDI) in China rose 29 percent year-on-year in July to hit $6.92 billion, data showed on Tuesday.

GM mulls cornerstone sales in IPO -sources

General Motors Co is considering selling a chunk of the carmaker's stock to institutions who would commit to buy and hold major stakes as the company prepares for its initial public offering, people familiar with the discussions said on Monday.

Australian Dollar Outlook 17/8/2010

The AUD has opened stronger this morning gaining overnight with news that China will take over Japan's place as the world's second largest economy.

Porsche to meet U.S. fuel standards-exec

Porsche AG will meet strict U.S. fuel economy standards of 35.5 miles per gallon when they go in force by 2016, Detlev Von Platen, the German automaker's North American president

China health ministry denies Infant formula caused babies to grow breasts

China's Health Ministry on Sunday denied that a milk formula caused the premature breast growth in three baby girls due to its sex hormones.

China tops Japan as second biggest economy in Q2

Growth in Japan's economy slowed to a crawl in the second quarter and analysts see more weakness ahead, adding to policymakers' headaches as they grapple with deflation and a rise in the yen that threatens an export-reliant recovery.

Japan's unadjusted GDP less than China's: govt

Japan's second-quarter GDP was less than China's before seasonal adjustments, government data showed on Monday, underscoring expectations that China will overtake Japan as the world's second-largest economy this year.

Clouds over gold's bull run

Will the gold bull run continue? This is the billion dollar question haunting many investors across the globe. There are conflicting reports from various quarters. A report in Press and Journal says that despite a recent dip, the price of gold has still risen by 25% over the past year, by 175% over five years and by a staggering 340% over 10 years.

China consortium may bid for 30 percent of AIA: report

A consortium of leading Chinese companies including Industrial and Commercial Bank of China Ltd <1398.HK><601398.SS>, China Life Insurance Co Ltd <2628.HK> <601628.SS>, plans to bid for a 30 percent stake in American International Group Ltd's Asian life insurance business, AIA, the 21st Century Business Herald reported on Monday.

Corrected: China consortium may bid for 30 percent of AIA: rpt

Yen up on talk of Japanese flows

The yen rose broadly on Monday as high-yielding currencies and Asian equities faltered, with talk of possible demand from Japanese exporters and investor fund repatriation also giving the yen a boost. Data showing that Japan's economic growth slowed markedly in April-June helped drag Tokyo shares lower. The dip in equities gave support to the yen, which is a funding currency for carry trades and tends to rise in times of market stress.

US dollar holds gains; yen a dilemma for Japan

The U.S. dollar was holding most of last week's hefty gains in Asia on Monday with shares in the region likely to follow Wall Street lower and add to the general mood of risk aversion. Still, the early inclination was to take some profits on the dollar, and its index .DXY drifted down by 0.120 percent. That follows a 3.2 pct surge last week, which was the strongest performance since late 2008.

Hong Kong film hopes to break new ground with 3-D porn

On the leafy fringes of Hong Kong in a shabby film studio, a nude ponytailed actor stretched out on animal-skins with his lover as the cameras rolled in a set evoking a subterranean sex lair in ancient China.

Japan Q2 growth slows amid worry about yen rise

Japan's economic growth slowed markedly in April-June and analysts predict further slowdown, adding to policymakers' difficulties as they grapple with deflation and a rise in the yen that threatens an export-reliant recovery.

S African gold mine in trouble after 4 deaths

Yet another problem hit the gold mining business in South Africa with four illegal miners were killed in a shooting at an abandoned gold mine owned by relatives of former president Nelson Mandela and President Jacob Zuma. Mining industry in South Africa has been reeling under safety problems for the past several months and this latest deaths are bound to create hurdles in the mining sector in South Africa.

CHINA

Pages