A Las Vegas casino company and a Chinese bank have set the price range for their upcoming Hong Kong stock offerings, hoping to raise up to $7.35 billion combined in what would be the world's fourth- and fifth-largest IPOs of the year.
The U.S. dollar may come under renewed pressure from emerging market currencies and the euro after a meeting of the world's top finance officials failed to take concrete action on rebalancing global money flows
China on Saturday shrugged off international pressure to appreciate its currency, saying developed countries should focus on the quality of their own economic policy-making. Chinese Finance Minister Xie Xuren, speaking after finance ministers and central bank governors of the Group of 20 nations met in Scotland, said countries with global reserve currencies should work to maintain the currencies' value to avoid destabilising the world economy.
Shares of printing-equipment maker Duoyuan Printing Inc fell in their market debut on Friday after pricing at the low end of expectations.
The Obama administration would be willing to hold bilateral talks with North Korea but only if certain conditions were met, the president's top adviser on Asia said on Friday.
U.S. President Barack Obama will seek to reinforce the U.S. desire for more balanced global growth during his trip to Asia this month, administration officials said on Friday.
About 40 world leaders plan to go to Copenhagen next month to boost the chances of clinching a U.N. climate deal, the United Nations said Friday as preparatory talks wound down with scant progress.
A U.N. climate deal due to be agreed in Copenhagen at talks from December 7-18 may fall short of a legally binding treaty, according to the United Nations.
H1N1 swine flu is on the rise in China and Japan after triggering an unusually early start to the winter influenza season in Europe, Central Asia and North America, the World Health Organization said on Friday.
A U.S. trade panel on Friday approved two new investigations into charges of unfair trade practices by China, but rejected another one week ahead of President Barack Obama's trip to Asia.
Indian state-run telecom Bharat Sanchar Nigam Ltd may open direct negotiations for a stake in Kuwait's Zain if its exclusive talks as part of a consortium fail.
The United States and Japan look set to avoid a collision over where to relocate a Marine base when President Barack Obama visits Tokyo next week, but the row could still fray security ties in the months ahead.
Censorship of the Internet is open to challenge at the World Trade Organization as it can restrict trade in services delivered online, a forthcoming study says.
Volkswagen's premium brand Audi expects its vehicle sales to fall less than previously thought to over 920,000 vehicles this year, Audi sales chief Peter Schwarzenbauer told a German newspaper.
China denounced as protectionist new U.S. anti-dumping duties on steel pipes and launched its own investigation into imports of U.S.-made automobiles on Friday, a week before a visit by President Barack Obama.
Censorship of the Internet is open to challenge at the World Trade Organization as it can restrict trade in services delivered online, a forthcoming study says. A censorship case at the WTO could raise sovereignty issues, given the clear right of member states to restrict trade on moral grounds -- for example, by blocking access to child pornography websites.
Climate negotiators prepared to ditch a December deadline for agreeing a new pact as U.N. talks in Barcelona drew to a close on Friday with little progress made.
China urged more contact with the U.S. military on Friday while President Hu Jintao said his nation's plans for space were peaceful, striking a conciliatory tone ahead of U.S. President Barack Obama's visit.
China's Culture Ministry has accused the publishing watchdog of abusing its authority by threatening access to the popular online game, World of Warcraft, stoking bureaucratic rivalry over control of the Internet.
Starbucks Corp raised its financial forecasts for 2010 in the latest sign a year-long turnaround effort is boosting margins and putting it back on track for growth, sending shares up almost 4 percent.
Starbucks Corp raised its financial forecasts for 2010 in the latest sign a year-long turnaround effort is boosting margins and putting it back on track for growth, sending shares up 4 percent.
Sanyo Electric Co Ltd plans to ramp up investment in its battery and solar business as the world's largest maker of rechargeable batteries moves closer to being acquired by Japan's Panasonic Corp, a senior executive said in an interview on Thursday.
