Global miner BHP Billiton appeared to soften on Monday its opposition to a new Australian mining tax, saying the levy should apply only to new projects, while the government signaled it might be open to compromise.
China's Internet firewall is a trade barrier and needs to be tackled within the framework of the World Trade Organization, Neelie Kroes, vice-president of the European Commission, told reporters in Shanghai on Monday.
China's Anshan Iron and Steel Group , also known as Angang, confirmed on Monday it would invest in a steel mill in the United States.
The yuan has risen strongly against the euro and this appreciation will harm Chinese exporters, a Commerce Ministry official said on Monday.
The yuan has risen strongly against the euro and this appreciation will harm Chinese exporters, a Commerce Ministry official said on Monday. Pegged to a rising dollar, the yuan has appreciated against a trade-weighted basket of currencies in recent months, which many analysts believe could constrain the scope for a possible revaluation of the Chinese currency.
Capital inflows are placing big pressure on China this year, as domestic companies and banks repatriate large volumes of foreign currency, a senior official said in remarks published on Monday.
Today is Akshaya Tritiya, one of the golden days for gold in India. Though gold has been one of the integral parts of Indian household and despite India being the largest consumer of the yellow metal in the world, two short comings have hampered the real growth of this shining metal.
Google Inc said its fleet of cars responsible for photographing streets around the world have for several years accidentally collected personal information -- which a security expert said could include email messages and passwords -- sent by consumers over wireless networks.
The chief economist for the World Bank said on Saturday that if China were to revalue its currency it would actually hurt rather than help the U.S. economy.
The chief economist for the World Bank said on Saturday that if China were to revalue its currency it would actually hurt rather than help the U.S. economy.
China should allow its currency to rise in order to help tamp down inflation, Singapore's finance minister said in a television interview.
BHP Billiton and Rio Tinto might re-evaluate plans to merge their Western Australian iron ore operations if an agreement is not reached by year end, the Wall Street Journal said on Saturday.
When Jim Owens, the CEO of Caterpillar Inc , retires next month, it will mark the end of a long career bookended by corporate crises and displays of a tough-love approach to leadership and the company's workforce.
Gold hit record highs near $1,250 an ounce in Europe on Friday as investors bought the metal to protect against sovereign risk in the euro zone and instability in the foreign exchange markets.
Beijing could have another window of opportunity over the next few days to make its long-awaited move on the yuan, in the wake of strong Chinese data and ahead of a Sino-U.S. summit.
Britain's Prudential Plc is expected to outline divestments of some Asian assets in its upcoming rights offering prospectus in an effort to appease shareholder concerns about its planned AIA acquisition, a source familiar with the process told Reuters on Friday.
The global advertising industry is eager to capitalize on booming use of mobile phones for Internet access as more enhanced devices are coming to the market to get more consumers reachable online.
Samsung Electronics, the world's largest memory chip maker, plans to unveil on Monday a much-awaited semiconductor investment plan, a source said, joining a growing list of firms raising spending on global economic recovery.
The beleaguered euro hovered just above a major support level of $1.25 on Friday as worries about Europe's debt problems plagued markets, pressuring stocks and pushing safe-haven gold to near record highs.
China restored full Internet access in its far western Xinjiang region Friday, the local government said, ending 10 months of blocked or limited access following deadly ethnic rioting there last July.
Ford Motor and its China venture partners, Mazda Motor Corp and Chongqing Changan Automobile Co, are seeking Chinese government approval to end their three-way tie up, two sources said on Thursday.
HTC Corp fired back on Wednesday in its legal battle with Apple Inc, asking the U.S. International Trade Commission to ban sales of iPhones, iPads and iPods in the United States.