Rechargeable batteries could become the core technology for the auto industry if pure electric cars enter the mainstream -- a prospect that has carmakers racing to team up with battery makers.
China's foreign exchange reserves are surging again, which, according to the report of People's Daily Online, helps the Obama administration drag its economy out of a recession by holding a record-high US debt by the end of May.
A nascent housing market rebound and a rally in shares could trigger a new round of cash raising by Chinese developers, eager to replenish coffers to meet rising demand, spurred by Beijing's economic stimulus measures.
Nissan Motor Co., the third largest automaker in Japan, seeks to develop its own hybrid technolgy for small and midsize cars. New solar electricity generation may double in 2010, according to a specialist.
Germany has a preference for Canadian auto parts group Magna's bid for General Motors unit Opel, but the process of selecting a suitor is still open, a government spokesman said on Friday.
China Pacific Insurance, part owned by the Carlyle Group, confirmed on Friday it would relaunch a Hong Kong initial public offering which would be the world's third-largest IPO so far this year.
To address the serious threat of global warming, Americans should be required to pay for the carbon content of goods they consume from countries around the world, a top U.S. official said on Friday.
Oil slipped below $62 a barrel on Friday, undermined by concerns over the outlook for the world economy, a stronger dollar and some selling pressure after four days of gains.
Dow Jones futures were down 0.01 percent by 4.38 a.m. ET while S&P 500 futures ticked down 0.05 percent and Nasdaq futures rose 0.3 percent, suggesting a mixed start for U.S. stocks on Friday after four days of gains.
The fate of four signed basketballs given by NBA great Shaquille O'Neal to Sichuan earthquake survivors sparked an Internet storm in China this week.
Oil fell below $62 a barrel on Friday amid lingering skepticism over the pace of a global economic recovery, but prices are on track to snap four straight weeks of decline to post a weekly gain.
The new General Motors Co is looking to the fast-growing Far Eastern markets, especially China, the Detroit News reported on Wednesday.
Oil fell toward $61 a barrel on Friday amid lingering skepticism on the pace of a global economic recovery, but prices are on track to snap four straight weeks of decline to post a weekly gain.
U.S. oil prices rose on Thursday, tracking a late-day rebound on Wall Street and bolstered by a report showing strong economic growth in China, the world's second biggest consumer of energy.
China would loosen its controls on overseas investment procedures and foreign exchange management of domestic companies to boost outbound investment, China's foreign exchange regulator said on Wednesday.
JPMorgan Powers Ahead, CIT Plummets, Cap and Trade and Jobs
The detention of Rio Tinto executives on spying accusations has allegedly wreaked havoc on the world's second-largest iron ore miner's sales in China, as the nation's steel mills took a wait-and-see approach on ore imports from the Anglo- Australian conglomerate, Chinese State media reported on Wednesday.
U.S. Senate Committee on Environment and Public Works held a hearing Thursday about the impact on American jobs of the climate bill. U.S. stockpiles of natural gas rose 90 billion cubic feet on the week ended July 10.
Beijing has found a new culprit to blame for China's asset bubbles -- foreign hot money. China's official reserves are rising again, breaking the $2 trillion mark in April, and unexplained inflows are once again coming under the critical microscope.
Baxter beats, Harley misses for 4th time, Biogen tops views
U.S. stockpiles of natural gas rose 90 billion cubic feet on the week ended July 10. Toyota Motor Corp. may supply hybrid vehicles' components to automaker rival Mazda Motor Corp.
China is taking unprecedented action to address global warming and reduce its energy intensity, increasing chances for a new climate change agreement later this year, top U.S. officials said on Thursday.
