World leaders will commit to keep spending to prop up their economies at a G20 summit next week, Russia said on Thursday, while France appeared to tone down its rhetoric on the issue of bank bonus caps.
World leaders will commit to keep spending to prop up their economies at a G20 summit next week, Russia said on Thursday, while France appeared to tone down its rhetoric on the issue of bank bonus caps.
The Chinese government is flooding Beijing with armed police and up to one million security volunteers to head off any unrest over October's sensitive anniversary of 60 years of Communist Party rule.
Four Uighur men were sentenced to between eight and 15 years in prison for stabbing a Han Chinese woman in the neck with a syringe in the capital of the ethnically divided Xinjiang region in China's northwest.
President Barack Obama will pledge U.S. action on financial regulatory reform at the Group of 20 summit in Pittsburgh and underscore the need for global coordination on the issue, a senior aide said on Wednesday.
China stock market's sharp rebound from a dramatic sell off in August has limited upside from current levels as a huge supply of IPO shares is set to counter investor optimism over an economic recovery.
Metallurgical Corp of China (MCC) priced the Hong Kong portion of its initial public offering at the lower end of an indicated range, sources said on Thursday, as the IPO's size and sector appeared to have dampened demand for the construction and engineering company.
Nissan Motor Co (7201.T) said on Thursday it expects its Chinese vehicle sales to climb 18 percent above its initial target of 570,000 units this year, helped by the government's tax incentives on smaller cars.
Geely Automotive (0175.HK), the Chinese carmaker whose parent is eyeing Ford's (F.N) Volvo unit, has approached Canadian auto parts maker Magna International about possibly taking a stake in Opel, a source said.
In the game of climate poker, developing nations might feel they have the right cards on the table in U.N. talks after ramping up efforts to curb greenhouse gas output.
Major developing nations have announced steps over the past year to curb their growing greenhouse emissions as the world tries to negotiate a broader, and tougher, U.N. pact to slow the pace of climate change.
Japan's new energy minister said he aims to expand the nation's electricity feed-in tariff scheme to other energy sources beyond solar power within two years, to help meet the new government's goals to cut greenhouse gas emissions by 25 percent below 1990 levels by 2020.
China's Geely Automobile has approached Magna International about joining the Canadian auto part maker's bid for Opel, a source familiar with the matter said, as China chases Western brands and the technology it needs to drive future growth.
Global shares rallied on Thursday, pushing the benchmark world index to a fresh 11-month high, while the euro hit a one-year peak against the low-yielding dollar as investors put back risk trades due to economic optimism.
Asian stocks hit their highest level in 13 months on Thursday on signs the global economic recovery could be strengthening, while the dollar slid to a fresh one-year low as investor optimism eroded its safe haven appeal.
China's e-commerce giant Alibaba.com is to boost domestic market share by encouraging more users to sell products through its online auction site Taobao, China Daily reported on Tuesday.
Banks, pension funds and other investment groups representing more than $13 trillion in assets called for a strong global agreement on climate policy on Wednesday, saying it would lead to a flood of investment into the low-carbon economy.
General Electric Co shares crossed into positive territory for 2009 on Wednesday, in their third day of steady gains, helped by recent brokerage upgrades and easing investor concern about its finance arm.
A solar-powered house built by a group of Texas students offers a blueprint for recession-hit U.S. families to reduce their carbon dioxide emissions and their electricity bills without busting their budget.
Carlyle Group and Taiwan Mobile struck a $1 billion deal on Wednesday, with Carlyle taking a big chunk of the telecommunications group in a sign the private equity firm has faith in the island's economy.
The European car industry could face a further shake-up with Asian companies pouncing on the chance to buy assets as China's Beijing Automotive Industry Holdings has done with Swedish car maker Saab.
China's domestically developed 3G mobile network standard must eventually expand overseas to be successful, one of many hurdles for the commercially untested technology, said the International Telecoms Union (ITU) on Wednesday.