If history is any guide, another oil-induced recession may be just around the corner, at least for the United States and some of the other developed economies.
For years, low prices on China-sourced goods helped dampen inflation in the United States. Now China's efforts to boost domestic consumer spending, reducing reliance on exports, are leading to higher costs for multinationals that manufacture goods there.
The top pre-market NASDAQ Stock Market gainers are: MannKind, NVIDIA, Red Robin Gourmet Burgers, Logitech International, and SodaStream International. The top pre-market NASDAQ Stock Market losers are: Sky-mobi, A123 Systems, Golar LNG, Entegris, and Infosys Technologies.
China's bank lending slowed more than expected in July to seven-month lows as Beijing kept a tight grip on monetary policy to quell near three-year-high inflation.
For around $2 a day some Afghan children as young as 10 work long hours in the country's coal mines with no safety gear and, until now, no government mining policy to protect them.
Thousands of Chinese took to the streets of a southwestern town on Thursday, with some smashing police vehicles in the latest protest by citizens angered by the rough handling of local officials, according to news reports.
China's second-biggest train maker will recall 54 bullet trains used on the new showcase Beijing-Shanghai line for safety reasons, the firm said on Friday, dealing a fresh blow to the nation's scandal-plagued rail system.
China is worried about challenges that the European Union faces in the next two months and urged the bloc as well as the United States to hold down government debt, its trade minister said on Friday.
China's insurance sector has invested 10 billion yuan ($1.6 billion) in mutual funds and local stock markets, focusing mainly on banks and technology shares, following the recent market rout, local media reported on Friday.
China CNR Corp Ltd , the nation's No.2 train maker, will recall 54 bullet trains used on the new Beijing-Shanghai high-speed rail line for safety reasons, the firm said on Friday.
Thousands of residents of a town in southwest China took to the streets Thursday, smashing police vehicles in the latest protest by citizens angered by the rough handling of local officials, according to news reports.
China is worried about challenges that the Europe Union faces in the next two months and urged the bloc as well as the United States to hold down government debt, its trade minister said on Friday.
Wilmar International , the world's largest palm oil plantation firm, said on Friday it has no plan to further hike cooking oil prices in China after raising the price by 5 percent recently.
When Chinese journalist Wang Keqin found himself cornered in the countryside two years ago by police who were trying to stop him looking into a rape case involving local officials, he looked online for help.
Solar industry revenue will shrink before it begins to rise again because dramatic price declines on solar panels will outweigh corresponding volume increases, according to a new report by Lux Research.
On paper, "Moneyball" has all the ingredients of a box-office home run.
Syrian forces killed at least 19 people in raids near the Lebanon border and in the country's Sunni tribal heartland, activists said, pursuing a military campaign to crush street protests against President Bashar al-Assad.
Eight Republican presidential hopefuls duked it out on Thursday night in a Fox News and Washington Examiner sponsored debate in Ames, Iowa.The debate ranged from the recent Standard & Poor's downgrade of long-term U.S. to illegal immigration. Here are the night's winners and losers:
China's second-biggest train maker will recall 54 bullet trains used on the new showcase Beijing-Shanghai line for safety reasons, the firm said on Friday, dealing a fresh blow to the nation's scandal-plagued rail system.
Republicans Michele Bachmann and Tim Pawlenty clashed repeatedly over their records during a presidential debate on Thursday, two days before they vie for conservative support in a straw poll that could make or break their campaigns.
The safe-haven Swiss franc nursed heavy losses in Asia on Friday, having posted record one-day falls against the euro and dollar after the Swiss National Bank threatened to step up its fight to curb the franc's strength.
The Chinese media conglomerate DMG has put together a $300 million tentpole fund to bring U.S. movies to China, TheWrap has learned.
