China is to provide energy-starved North Korea with 50,000 tonnes of heavy fuel oil in mid-August as part of a nuclear disarmament deal Pyongyang reached with regional powers in February, Yonhap news agency said on Sunday.
More signs of weakness in the mortgage market, another surge in oil prices and a Federal Reserve rate decision could create more turbulence for Wall Street this week.
China expects auto exports to grow by 48.5 percent in this year compared to 2006, according to a government forecast.
Asia's two economic powerhouses, India and the People's Republic of China (PRC), are lagging behind in terms of economic well-being and living standards, despite accounting for 64 percent of GDP in a surveyed list of 23 Asian countries, a new study by the Asian Development Bank has revealed.
Global cooperation is the only way to improve food safety, Chinese official media said on Sunday after yet another week of global anxiety about the quality of goods from China.
Private equity firm CVC said on Sunday that Hong Kong financier Francis Leung has joined the company as senior adviser focusing on developing investment opportunities in Greater China.
Dubai-based private equity firm Istithmar raised its offer to acquire Barneys New York Inc. from Jones Apparel Group Inc. to $900 million on Sunday, matching a bid by Japan's Fast Retailing Co. Ltd.
It will likely avoid the downturn after the Games seen in Seoul in '88, Barcelona in '92 and Athens in '04.
India and China are the new drivers of global economic growth, replacing the United States and other developed countries, according to Rodrigo Rato, managing director of the International Monetary Fund.
Image problems will force out weaker firms and prepare savvy ones for the global marketplace, experts say.
The high-level meeting would bring together the world's biggest polluters to find ways to reduce greenhouse gas emissions.
The United States is working on deals with China to bolster safety controls on Chinese-made foods and medical products, the U.S. said on Friday as international consumer alarm continued to pummel Beijing.
The swift demise of China's green GDP figures highlights a growing policy conflict between advocates of environmental protection and officials long used to pursuing economic growth at all costs.
Dell Inc., the world’s second largest personal computer maker, has rolled out its first desktop computer from its new plant at Sriperumbudur near Chennai this week, thereby making India the third country in Asia Pacific, after China and Malaysia, to manufacture its range of desktop computers and notebooks outside of the US.
Toyota Motor Corp.'s quarterly operating profit rose by a better-than-expected 32 percent as brisk overseas sales combined with a softer yen to make up for chronic weakness in domestic demand. Toyota, the world's biggest and most profitable automaker, left its cautious annual forecasts unchanged, as expected.
Clean technology is evolving from environmental issue to big business, opening a world of opportunities for companies, entrepreneurs and investors who see a chance to -- yes -- clean up, says a new book.
A senior U.S. Treasury official warned Congress on Thursday that trying to force faster China currency appreciation by legislative effort would fail and might provoke retaliation against the United States.
Mattel Inc. said on Thursday it expects the recall of Chinese-made toys, such as popular preschool characters like Sesame Street's Elmo and Big Bird, to result in a charge of $30 million.
Strong cellphone demand in Asian emerging markets boosted Nokia Oyj's second-quarter sales and profits, sending its shares to their highest level in more than five years.
The world's electricity must be generated from zero or near zero-emission power plants by 2050 if a 50 percent cut in global greenhouse gas emissions is to be achieved by mid-century, Australia's Environment Minister said on Wednesday.
U.S. Treasury Secretary Henry Paulson brings his overtures for a faster rise in the yuan to Chinese President Hu Jintao on Wednesday, a day after the Bush administration warned that anti-China legislation in the U.S. Congress could provoke a global trade backlash.
China on Tuesday deflected U.S. pressure for a faster rise in the yuan and bolder economic reforms by telling visiting Treasury Secretary Henry Paulson that it is still poor and poses no threat to anyone.