Wall Street up as China rebound boosts stocks
Stocks rose on Thursday after a rebound in Chinese equities and a surprise expansion in U.S. regional manufacturing overshadowed rising jobless claims.
Baidu Hopes New Ad System Will Give Quick Lift To Revenues, Image
Thanks to the relative growth of China's economy, the country's dominant search-engine company Baidu hasn't been hurting in terms of revenue and profits the last few quarters. But that doesn't mean everything has been going smoothly for Baidu, the WSJ says. The company, which has 62 percent of China's search market as of Q2, came under fire for not clearly identifying ads from search results. It also drew criticism on Chinese TV for running ads by unlicensed physicians.
Wall Street up as China rebound offsets economy concerns
Stocks rose on Thursday after a snap back in Chinese equities offset a surprise rise in weekly jobless claims and other data that showed a mixed picture of the economy.
Flat open ahead as jobless claims disappoint
Stock index futures pointed to a flat open on Thursday after data showed a surprise rise in weekly jobless claims for the second week running, adding to uncertainty over the economic outlook.
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China seen looking to bigger climate change steps
China appears committed to stronger steps to contain swelling greenhouse gas emissions, the former British Prime Minister Tony Blair said after meetings in Beijing, urging practical hopes of climate treaty negotiations.
CORRECTED: Stock futures rise after China rally
Enviro to drill more coal seam gas wells in China
Enviro Energy International Holdings, plans to drill up to five wells of coal-bed methane/shale gas in Western China this year, and five more in 2010, a top company official said on Thursday.
CFTC muscles into emerging U.S. carbon market
A proposal by the U.S. Commodity Futures Trading Commission to oversee a greenhouse gas contract on a voluntary Chicago trading exchange shows the agency is staking out its territory before Congress decides which agencies should regulate the country's burgeoning carbon market.
China launches defense website in transparency bid
China's normally secretive Defense Ministry on Thursday launched a website (www.mod.gov.cn), in a new bid to allay overseas criticism over its military transparency and the build-up of its armed forces.
Getting ready for the dollar's fall
It just won't go away, this needling worry about the U.S. dollar losing its coveted top-dog status.
China Mobile faces margin squeeze on 3G, rural push
China Mobile , the world's largest mobile carrier, faces a further squeeze on profit margins as competitive pressures intensify and an expensive buildout of a new, untested 3G network weighs.
Stock futures signal gains; eyes on commods
Stock index futures pointed to a higher open on Wall Street on Thursday, mirroring gains in Europe as well as Asia, where Shanghai stocks rebounded from a sharp two-week selloff, and on rallying commodity prices.
China Mobile sees user revenue, margins under pressure
China Mobile , the world's largest mobile carrier by subscribers, said on Thursday that its average revenue per user would trend downward in the second half, as competition heats up in the market.
Rio confidence returns, but cautious on price rally
Rio Tinto Ltd/Plc , the world's second-largest miner, is poised for a comeback after posting a record drop in half-year profit and selling off shares and assets to slash debt.
Oil steady above $72 after 4 pct surge; eyes US data
Oil was steady above $72 a barrel on Thursday, after rising more than 4 percent the previous day, buoyed by industry data showing a steep drop in crude imports and stockpiles in top consumer the United States.
Shanghai stocks rebound 4 percent, drive Asia gains
Chinese shares clawed higher on Thursday after a two-week sell-off, giving a boost to Asian stock indexes and commodities even as many investors remained worried that the Shanghai slide may have more room to run.
Oil steady above $72 after 4 percent surge; eyes U.S. data
Oil was steady above $72 a barrel on Thursday, after rising more than 4 percent the previous day, buoyed by industry data showing a steep drop in crude imports and stockpiles in top consumer the United States.
Price hikes to boost PetroChina, Sinopec Q2
China's top oil refiners are set to reveal a surge in quarterly earnings on the back of fuel price increases and lower oil prices, reaping the benefits six months after Beijing shifted to more liberal fuel pricing.
Nikkei up, boosted by resources and China
Japan's Nikkei stock average on Thursday climbed from a three-week closing low, buoyed by resource shares after crude oil surged and by rekindled recovery hopes, with a rebound in Chinese shares also giving a lift.
Nikkei up, nudged up by resources and oil
Japan's Nikkei stock average edged higher on Thursday, buoyed by gains in resource-linked shares such as Inpex after oil surged more than 4 percent and rekindled economic recovery hopes. Truckmaker shares climbed after a brokerage upgrade, with Isuzu Motors up more than 5 percent, and trading houses gained on strong metals prices.
Dell chose Taiwan's Foxconn as OEM for smartphone Mini3i
Dell Inc. has chosen Foxconn, a major Taiwan-based electronics manufacturer as original equipment manufacturer (OEM) for its first smartphone Mini3i, Apple Daily Taiwan reported on Wednesday, citing unnamed source.
Deaths, lung damage linked to nanoparticles in China
Seven young Chinese women suffered permanent lung damage and two of them died after working for months without proper protection in a paint factory using nanoparticles, Chinese researchers reported on Wednesday.
Wall Street gains as oil data rekindles recovery hopes
Stocks rose on Wednesday, shaking off a slide in China's equity market, as investors responded favorably to a surprising drop in crude oil stockpiles that might suggest an improving demand outlook.
Wall Street climbs as oil data rekindles recovery hopes
Stocks rose on Wednesday, shaking off a slide in China's equity market, as investors responded favorably to a surprising drop in crude oil stockpiles that might suggest an improving demand outlook.
Web tools help protect human rights activists
Chinese human rights activist Shi Tao was sentenced to 10 years in prison in 2005 after authorities tracked him down using data provided by Yahoo.
BHP won't accept Fortescue's iron-ore price with China
BHP Billiton won't accept the iron ore prices reached between Chinese steel mills and Fortescue, Local media reported on Tuesday, citing senior officials of BHP China.
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