Many U.S. manufacturing firms that run Chinese plants are considering bringing those operations back home because -- in many cases -- it makes more economic sense to do so than to keep them abroad, according to a Boston Consulting Group (BCG) survey of business executives released on Friday.
With forces gathering on both sides of the Sudan-South Sudan border, it seems that the two nations are again headed toward all-out war, which would be devastating to both countries and their international partners.
In the aftermath of India's ballistic missile test of its powerful new weapon, the Agni-5, people are asking, what is China's response?
The International Monetary Fund is eyeing Brazil, Russia, India, China and South Africa, a bloc of countries commonly known as BRICS, to meet its goal, set by the institution's managing director Christine Lagarde, to raise at least $400 billion of additional funds to safeguard the global financial system against the euro zone sovereign debt crisis.
Nico Rosberg was quickest in Friday's second practice session for the Formula One Bahrain Grand Prix, as protests continued in the Gulf state.
Myanmar President Thein Stein hopes to achieve a resolution with Prime Minister Yoshihiko Noda about Myanmar's debt.
Syrian Foreign Minister Walid Moallem arrived in Beijing on Wednesday to meet with his Chinese counterpart, Yang Jiechi. Along with Russia, China is one of the few countries that has yet to abandon the Syrian government.
World leaders sharpened their condemnations of the bloodshed in Syria on Thursday, with Secretary of State Hillary Clinton urging the United Nations to adopt a resolution similar to the one that enabled the NATO operation in Libya.
French food group Danone
has raised its offer for Pfizer's infant nutrition business to close to $11 billion in an attempt to outbid rival Nestle , according to news website WanSquare.Ford Motor Co. (NYSE: F) said Thursday it will build a $760 million assembly plant in Hangzhou as part of a plan to double its production capacity in China by 2015 and catch up with global rivals.
China has provided some assistance to North Korea's missile program, U.S. Defense Secretary Leon Panetta said on Thursday, a week after the hermit state's failed rocket launch triggered international condemnation.
South Korea, Japan, the United Nations and the U.S. believe that North Korea intends to develop ballistic missile tests and have roundly condemned Pyongyang’s program.
Haitong Securities Co. (SHA: 600837), China's second-largest brokerage by assets, raised HK$13 billion ($1.7 billion) in the largest public offering in the world so far this year, media reports said Friday, citing people familiar with the matter.
South Sudan's President Salva Kiir ordered his forces to withdraw from the town of Heglig on Friday, even though he still believes the oil field is property of South Sudan.
Major emerging powers stood ready on Friday to pledge money to bolster the International Monetary Fund's crisis-fighting war chest, though Brazil was holding out for promises that their voting power at the global lender would increase.
Major emerging powers stood ready on Friday to pledge money to bolster the International Monetary Fund's crisis-fighting war chest, though Brazil was holding out for promises that their voting power at the global lender would increase.
Johnson Controls Inc. (NYSE: JCI), the world's No. 1 maker of car batteries, said Friday its fiscal second-quarter profit rose but excluding one-time benefits the company's profit fell 5 percent.
Chinese experts believe that India has downplayed the capacity of its new nuclear-capable ballistic missile Agni-V. Du Wenlong, a researcher at China's PLA Academy of Military Sciences has told Global Times that Agni-V is more powerful than what is claimed by New Delhi.
Asian stock markets were mostly lower Friday as weak US economic data and fears over European debt crisis weighed on the sentiment.
Apple is planning to launch MacBook Pro 2012. The device can release in May or June with rumored features including Intel Intel Ivy Bridge processor, New Thunderbolt Connector, Retina Display, Full-surface Trackpad and Surround Sound System.
German business sentiment unexpectedly rose for the sixth month in a row in April in a sign that Europe's largest economy continues to outpace peers and shrug off persistent worries about the euro zone debt crisis.
The business confidence in Germany increased in April, indicating that the country's economy is continuing to withstand the pressures of looming debt crisis in Eurozone.
