Price negotiations go beyond the Tuesday deadline as the world's biggest iron ore miners and Chinese steel makers are still in talks for the annual supply deal.
Zimbabwe has secured $950 million in credit from China to help rebuild its economy, Prime Minister Morgan Tsvangirai said on Tuesday, the biggest offer from a single country since the unity government was formed.
The total output of China's forestry industry rose 13% in 2008 to 1.33 trillion yuan ($194.7 billion), a senior forestry official said in a conference ended on Sunday.
The discount for copper scrap has widened in recent weeks as the copper futures price remains at elevated levels and business in recycled metal slows to a crawl amid the seasonal summer slowdown.
China's state-owned Chinalco is taking up its full entitlement to Rio Tinto's $15.2 billion share issue, media reports said on Tuesday, with trade in the rights suggesting Chinalco is far from severing its ties with the Anglo-Australian miner.
China will delay a controversial plan to force manufacturers to bundle Internet filtering software with new personal computers sold in the country, in an abrupt retreat announced hours before the policy was due to start.
China will delay a controversial policy to force manufacturers to install mandatory filtering software on all new computers, state news agency Xinhua said on Tuesday.
What do Johnny Depp, Garfield, Paris Hilton and roast pork have in common? In China, the answer is that a new government-mandated Internet filter rates some pictures of all four of them as bad for your moral health.
Iraq auctioned contracts to run eight giant oil and gas fields Tuesday as it sought to take charge of its own reconstruction after six years of war, but oil companies were reluctant to pay what it asked.
The MSCI world equity index looked set on Tuesday for its best quarterly gain since its 1988 launch and oil was on course for its strongest quarter since 1990, as recovery talk fired up markets in the past three months.
Asian stocks rose on Tuesday, the last day of a torrid quarter, as investors added to trades based on a rebound in economic activity, while funds slashed bets against a fall in oil prices to keep crude on track for its biggest quarterly gain in 19 years.
Asian stocks and the Australian dollar rose on the last day of the second quarter, as investors kept adding to bets global economic activity is rebounding, having driven Chinese shares to the highest in a year.
China's steel giant, Ansteel, got government approval from China for an A$162.06 million ($130.69 million) share placement with Australian iron ore miner Gindalbie Metals Ltd, a spokesman with Ansteel said Last Saturday.
Companies in Hong Kong will be allowed to use Renminbi (RMB) to settle trades with their counterparts in five major Chinese cities as soon as next month, People's Bank of China (PBOC) and Hong Kong's monetary jointly announced on Monday.
People's Bank of China (PBOC) is taking more moves to challenge the greenback's role as the international currency and to promote RMB's real international trade.
The economic crisis is turning more Asian women into CFOs, or chief family officers, according to a new survey, juggling work and childcare as they try to boost the family income.
Hong Kong's H1N1 tally has reached726 with 130 new cases conformed within three days, the Department of Health (DH) said on Monday, which is only three lesser than the 729 cases of mainland China.
China is very likely to have a regional outbreak of the A (H1N1) influenza and its first death from the virus in the foreseeable future, as the number of the flu cases rises in the country, a Chinese health ministry official said on Monday.
The European Union Chamber of Commerce in China urged Beijing to reconsider implementing a controversial Internet filter, saying on Monday it raised serious concerns about security, privacy and user choice.The EU Chamber said it supported measures to protect children from potentially harmful content on the Internet, but this goal could be better achieved through a healthy and open dialogue on pare...
Unprecedented attempts to stimulate economic growth may fail to bring a sustained recovery, yet withdrawing them too late could be even more risky, leading central bankers said on Monday.Regional currencies would gain in importance, they also said after two days of talks. But the U.S. dollar still had no serious rival in playing a lead role in foreign reserves and trade settlement, according to th...
Stocks rose on Monday as higher oil prices boosted energy shares, and signs of life in the global economy and overseas markets renewed investor optimism on the prospects of a recovery.Oil futures jumped almost 3 percent after Nigerian militants said they attacked a Royal Dutch Shell facility and the U.S. government said oil demand in April was revised upward from a previous estimate...
U.S. copper futures climbed to a two-week high early Monday, as investors over-looked an overnight confirmation that China has halted its red metal purchases and bid the market up in line with equities.
