China's spot alumina prices have risen 7-9 percent since June due to increased demand and strong aluminium prices, and traders and analysts say prices could rise further in the second half on speculative buying.
Wenwen Meng
Aug 02, 2011
Buyout firm Carlyle Group agreed to buy 9 percent of Haier Electronics Group Co Ltd (HEG) through convertible bonds, raising its stake in a Chinese company expanding into Japan and China's untapped markets.
Wenwen Meng
Aug 02, 2011
The U.S.' debt woes still threaten the global economy despite a last-minute deal struck by the White House and political party leaders, China's main official newspaper said on Tuesday, nonetheless adding there was no short-term escape from the dominance of the dollar.
Wenwen Meng
Aug 02, 2011
Striking cab drivers in Hangzhou denouncing rising fuel prices and demanding the government make good on pledges to raise fares abandoned their vehicles for a second day on Tuesday, and planned street protests despite a heavy police presence.
Wenwen Meng
Aug 02, 2011
China is likely to export 45 million tonnes of steel products in 2011, up 5.7 percent compared with last year, the industry ministry said on Tuesday.
Wenwen Meng
Aug 02, 2011
SABMiller , the world's second largest brewer, moved to expand further in China on Tuesday by increasing its stakes to 100 percent in two brewers in the central Chinese province of Zhejiang for $47 million in cash.
Wenwen Meng
Aug 02, 2011
The United States' debt woes still threaten the global economy despite a last-minute deal struck by Congress, China's main official newspaper said on Tuesday, nonetheless adding there was no short-term escape from the dominance of the dollar.
Wenwen Meng
Aug 02, 2011
A civic agency in South Korea is sending thousand of pounds of flour to North Korea.
Daniel Tovrov
Aug 02, 2011
The global population will hit 7 billion on Oct. 31, according to a projection by researchers at the United Nations.
IBT Staff Reporter
Aug 02, 2011
Goldman Sachs International sold HK$3.73 billion ($478.7 million) worth of shares in Industrial and Commercial Bank of China Ltd, the world's largest lender by market value, in what it said was a transaction to help a client hedge its position in the bank.
keep for now
Aug 02, 2011
An radical Islamic group is responsible for a riot in China's East Turkestan region.
Daniel Tovrov
Aug 02, 2011
While U.S. customers are still waiting for the upcoming iPhone 5 this fall, various types of fake iPhone 5 devices have been on sale in Chinese online store and offline markets. The Fake iPhone 5 is sold at $108 and features a similar design following the rumor of iPhone 5 specs. It is encased in a plastic body, two LED flash cameras and a label saying it has 64GB of storage. Also the fake device runs a JAVA-based OS, plays MP3?s and connects via WiFi.
IBT Staff Reporter
Aug 02, 2011
JAC is seeking to produce 100,000 vehicles every year in Latin America?s largest car market
Palash Ghosh
Aug 02, 2011
UNICEF has established World Breastfeeding Week, which began on Mon., to raise awareness about breastfeeding children, a practice that can reduce deaths in children under five by 13 percent.
Nadine DeNinno
Aug 02, 2011
As Apple continues to maintain a tight-lipped approach toward the iPhone 5, analysts from major research firms continue to stoke iPhone 5-related expectations.
IBT Staff Reporter
Aug 02, 2011
The top after-market NASDAQ Stock Market gainers are: Gentiva Health Services, Sangamo Biosciences, LHC Group, Clearwire, and Cytori Therapeutics. The top after-market NASDAQ Stock Market losers are: Innophos Holdings, Texas Roadhouse, Siliconware Precision Industries, Ctrip.com International, and Meru Networks.
Balasubramanyam Seshan
Aug 02, 2011
South Korea's central bank bought 25 tonnes of gold over the past two months in its first purchase in more than a decade, saying the time was ripe to boost its gold holding, but markets barely moved on the news.
IBT Staff Reporter
Aug 01, 2011
More clues are piling up in regards to the release date of Apple's highly anticipated iPhone 5 set to hit the markets this fall. The latest news speculate that Target will be offering price drops on the iPhone 4 for five bucks if you trade in an old 3GS model. Customers can also purchase a 16GB iPhone 4 for $170 with a two year contract or go to Radio shack and get an iPhone 4 32GB model for $270.
IBT Staff Reporter
Aug 01, 2011
The United States' debt woes still threaten the global economy despite a last-minute deal struck by Congress, China's main official newspaper said on Tuesday, nonetheless adding there was no short-term escape from the dominance of the dollar.
Lawrence Villamar
Aug 01, 2011
U.S. cattle futures set a two-week high on Monday lifted by a sharp drop in this week's cattle supplies and on news of active beef exports last week, traders said.
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Aug 01, 2011
Alaska scientists have discovered the fossil of a rare, prehistoric marine reptile that is likely the most complete remnant of the creature ever found in North America.
keep for now
Aug 01, 2011
Russian Prime Minister Vladimir Putin accused the United States Monday of living beyond its means "like a parasite" on the global economy and said dollar dominance was a threat to the financial markets.
keep for now
Aug 01, 2011
