CHINA

pump

US Consumer Prices Likely Hit 10-Month High In Feb: Preview

The U.S. cost of living probably increased last month on higher gasoline prices, economists said before Friday's CPI report. But the Federal Open Market Committee said earlier this week that the surge in energy prices is temporary and inflation will stay below the Fed's 2 percent target in 2012.
More news
IBTimes Logo

Russia to sell $6 billion stake in Sberbank

Russia's biggest lender Sberbank plans to start a roadshow for the sale of a $6 billion government stake on April 16, in a move that underscores its arrival as a major player in a European industry decimated by the global financial crisis.
IBTimes Logo

China's BoCom raises $8.9 billion in private placement

China's fifth-largest lender, Bank of Communications Co Ltd , will raise $8.9 billion to meet tighter capital requirements by placing shares with existing shareholders such as HSBC and the country's finance ministry.
IBTimes Logo

China Mobile Q4 growth mild; hopes pinned on iPhone tie-up

China Mobile <0941.HK>, the world's biggest wireless carrier by number of subscribers, met expectations by posting a 4.6 percent rise in fourth-quarter net profit on Thursday as higher mobile data usage offset some of the impact of hefty handset subsidies.
IBTimes Logo

Dollar gains; shares slip on China growth woes

Asian shares eased on Thursday on renewed concerns about Chinese growth, but a brighter global economic outlook underpinned the dollar and kept investor risk appetite intact, reducing the appeal of safe-haven government debts.
IBTimes Logo

George Clooney Testifies To Congress: War Crimes In Sudan [GRAPHIC VIDEO]

Oscar-nominated actor George Clooney testified before Congress on Wednesday about a humanitarian crisis taking place along the border of Sudan and South Sudan, where residents have been forced to seek refuge in the Nuba Mountains for fear of being killed by constant aerial bombing. Clooney returned from an eight-day trip in the area on Tuesday.
IBTimes Logo

China Mobile growth hopes pinned on iPhone tie-up, network upgrade

China Mobile <0941.HK>, the world's biggest carrier by number of subscribers, is set to post its slowest quarterly growth in almost two years on Thursday due to weak user rates, though the pace might pick up later this year if it attracts higher-end users with a network upgrade and lands an iPhone contract.
A worker inspects a Land Rover Discovery on the production line at their Production Facility in Solihull

India to Surpass Japan as No. 2 Asian Car Market by 2016

India will surpass Japan as the No. 2 vehicle market in Asia by 2016, according to a report in the Wall Street Journal based on data and research from IHS Automotive. The report also says that auto sales in China, Asia and the world's largest market, will continue to grow steadily through the rest of the decade.
IBTimes Logo

China's Tencent targets growth in online ads

Tencent Holdings Ltd, China's biggest internet company by revenue, plans to step up its expansion in social networking, search and e-commerce to attract more online advertisers as it looks to diversify from its competitive core gaming market.
IBTimes Logo

China's Wen bets final year on reform push

China must embrace slower growth and bolder political reform to keep its economy from faltering and to spread wealth more evenly, Premier Wen Jiabao said on Wednesday, vowing to use his last year in power to attack mounting discontent that he warned could end in chaos.
IBTimes Logo

U.S., EU, Japan take on China at WTO over rare earths

The United States, Europe and Japan have joined forces to challenge China's restrictions on exports of rare-earth metals, escalating a trade row over access to some of the most important raw materials used in advanced technologies.
Kabul, Afghanistan

Afghanistan: Does War-Battered Country Have Energy Wealth?

The Central Asian nation's natural gas production has plummeted during decades of conflict, to about 1 billion cubic feet per year as of 2009. But underground there could be vast stockpiles of gas as well as oil, potentially satisfying Afghanistan's energy needs for years.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.