China will need 5,260 new commercial airplanes, valued at $670 billion, over the next 20 years, according to Boeing, one of the providers of passenger airplanes for China.
Manufacturing downturns spared no one in August, surveys of purchasing executives showed, in the latest sign of weakness in the global economy. While the batch of gloomy data has boosted hopes for further central bank actions, some economists remain skeptical that there would be any significant effects.
U.S. stock index futures pointed to a lower open Wednesday as investor confidence continued to be weighed down by high degree of uncertainty about policymakers announcing stimulus measures to revive economic growth momentum.
Chinese President Hu Jintao's touted successor Xi Jinping canceled his meeting with visiting U.S. Secretary of State Hillary Clinton on a short notice, a State Department official said Wednesday.
Asian stock market declined Wednesday as weak economic reports from U.S. and China weighed on the sentiment. Concerns over global economic downturn resurfaced after the Institute for Supply Management (ISM) said that U.S. factory activity contracted for the third straight month in August
Crude oil futures declined Wednesday as weak manufacturing reports from the U.S. and China raised concerns of a further global slowdown.
China's services activity growth declined in August to the slowest pace in a year after the recovery in July, according to the HSBC Purchasing Managers' Index released Wednesday.
General Motors Co began initial production of its first ever Chinese-designed car for the Indian market this week, a major step for the U.S. automaker as it tries to scale up in a market where foreign companies have struggled.
Asian markets fell Wednesday as investors' concerns about the weakening global economy was revived by the declining U.S. manufacturing activity and disappointing China's services activity.
Differences on a wide range of major international issues are revealing tensions between Beijing and Washington, as well as mutual concerns that the other is playing dirty.
Parents and students are protesting a new curriculum in Hong Kong, designed to teach children the history of the Chinese Communisy Party. They say the new classes are akin to brainwashing.
China warned the United States not to get involved in South China Sea territorial disputes on Tuesday as U.S. Secretary of State Hillary Clinton arrived in Beijing pledging to pass on a strong message on the need to calm regional tension.
Ailing Finnish smartphone maker Nokia Oyj (NYSE: NOK) is betting the company that two new Lumia smartphones based on the new Windows 8 OS from Microsoft (Nasdaq: MSFT), the world's biggest software company, will be international hits.
Oil & Natural Gas Corp. (Mumbai: ONGC), India's largest state-controlled energy driller, could lose its bid for $5 billion in Canadian assets controlled by energy giant ConocoPhillips Co. (NYSE: COP), due to its investments in Iran, which is facing U.S. sanctions.
India and China will resume joint military exercises in an effort to strengthen the shaky relationship between the two most populous countries on earth.
The world’s most populous country will become its biggest smartphone market by year-end, market researcher IDC estimates. It may account for 26.5 percent of all shipments compared with only 17.8 percent for the U.S.
Southeast Asian nations and China must make "meaningful progress" in drafting a code of conduct to deal with territorial disputes in the South China Sea, U.S. Secretary of State Hillary Clinton said Tuesday.
Asian markets remained in a tight range Tuesday as investors were waiting for the outcome of meetings among the policymakers in the euro zone which is expected to announce measures to tackle the debt crisis affecting the region.
Baidu Inc (BIDU) has launched a new browser for mobile devices running on Android operating system that allows users to play games and watch videos without a media player, Bloomberg has reported.
Asian stock markets mostly ended higher Monday on hopes that major central banks around the world would soon announce a new round of stimulus measures to tackle the deteriorating global economic conditions.
With the next gen Apple iPhone widely believed to be just days away, a new video has reportedly appeared at the IFA 2012 trade show in Berlin, showing a handset that claims to be a mockup of the fully assembled Apple iPhone 5.
Gold hovered near a five-month peak on Monday, supported by hopes for more stimulus measures after U.S. Federal Reserve Chairman Ben Bernanke gave a grave assessment of the economy last week.