CHINA

Palaniappan Chidambaram

Chidambaram Vows Action on Economy

Finance Minister P. Chidambaram sought on Monday to allay investor worries about an economy growing at its weakest pace in almost a decade by pledging to address their concerns over taxes, public finances and interest rates.

Asian Stocks Gain On German Optimism

An investor reads a newspaper in front of an electrical board showing stock information at a brokerage house in Huaibei
Most of the Asian markets rose Tuesday as investor sentiment turned positive amid hopes that Germany will step up measures to alleviate the debt burden lingering over the euro zone.

GM Calls Spyker's $3B Saab Lawsuit 'Baseless'

Saabs parked at FAPS storage facility in Newark
General Motors Company (NYSE: GM) talked some smack at Dutch carmaker Spyker N.V. following its Monday announcement that it would sue GM for $3 billion over the bankruptcy of Saab Automobile AB.
South Sudanese President Salva Kiir meets with Chinese counterpart, Hu Jintao, on visit to Beijing

China Hails Sudanese Oil Deal

China hailed the recent agreement between Sudan and South Sudan that will allow the landlocked South to resume exporting crude oil through its northern neighbor's pipelines after months of tense negotiations.
More news
IBTimes Logo

Zambian Miners Kill Chinese Manager In Riot

Coal miners in Zambia killed one Chinese manager and injured another during a riot Saturday. The miners were on strike at the Chinese-owned Collum coal mine in Sinazongwe in protest of delays in raising the minimum wage.
Asian Markets

Asian Stocks Week Ahead: Investors To Focus On Chinese Data

Asian stock markets ended with gains last week as the speculation of further stimulus measures from the major central banks offered support. However, markets pared gains after policy makers in the U.S. and Europe failed to offer any new stimulus measures needed to bolster growth. Particularly, the lack of concrete new action by the European Central Bank weighed on the sentiment.
Chinese Granny Installs Sex Doll On The Street

A Chinese Granny Installs Sex Doll At A Traffic Junction To Stop Speeding Motorists

Traffic Jams and speeding motorists are a constant threat to pedestrians in China. To solve this problem, this time, it's not the Chinese traffic police that have set in to take control of the situation, but it is a granny who has come up with a creative solution to distract the motorists from speeding. Her distraction for the motorists is a sex doll, which she tied to a tree at the corner where most motorcyclists were speeding.
China Stocks

Asian Stocks Decline After ECB Disappoints

Asian stock markets declined Friday as sentiment was dampened after the European Central Bank (ECB) failed to offer any new stimulus measures to resolve the sovereign crisis in the euro zone.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.