World Market Overview 09/03/2011
U.S. stocks rallied on the back of strength in financial shares after a drop in oil prices on reports that Libyan leader Moammar Gaddafi may be negotiating an exit from the country.
Global Markets Overview 08/03/2011
U.S. stocks advanced on Tuesday as oil prices eased to below $105 a barrel and financials rallied after Bank of America announced plans to increase dividends in the second half of the year.
China's Blueprint for Growth in the Next Five Years (SLIDESHOW)
It remains unclear whether Beijing's lofty rhetoric will achieve the desired results given political realities, the analyst says. Since reform and opening up of the 1970s, power has become increasingly decentralized in China meaning that the implementation of nationwide policy now necessitates a more prolonged process of consultation.
World Market Overview 08/03/2011
U.S. stocks ended lower on Monday, led by declines from technology shares after Wells Fargo downgraded the semiconductors sector.
More news
Cyberattack targets France's G20 plans: minister
France's finance ministry was subject to a cyberattack in December targeting information related to its presidency of the Group of 20 nations, officials said on Monday.
Dramatic rise in Chinese demand to boost silver market
The dramatic rise in China's interest in silver is evident from the fact that the country imported an unprecedented 14 percent of global silver in 2010, whereas it was net exporter of silver till recently.
Japan's PM hangs on but outlook grim
Japan's unpopular Prime Minister Naoto Kan on Monday refused to step down after the resignation of his foreign minister over a political funding scandal that has added to pressure on him to quit or call a snap election.
China denies police behind foreign reporter beatings
Chinese police had nothing to do with the beating of foreign reporters covering a possible protest last month, the foreign minister said on Monday, as security forces intensified their monitoring of journalists.
China industry leaders call for rare earth metal consolidation
China's largest metals trader has called for government to consolidate the rare earth industry and nurture competitive domestic firms in the sector, the Xinhua reported today.
China gives environmental nod to Sasol CTL project
China granted initial environmental approval to an $8.8 billion project by South African petrochemical firm Sasol and China's top coal producer Shenhua Group to turn coal into fuels.
Shanghai to set up insurance exchange -state media
China plans to set up an insurance exchange in Shanghai as part of efforts to build the city into an international financial centre, the state media said on Monday, citing top insurance regulator Wu Dingfu.
HK shares lower but outperform Asia, coal powers Shanghai
Hong Kong stocks edged lower on Monday as higher oil prices weighed but a buoyant day in Shanghai shielded the market from bigger declines and underscored the growing optimism for Chinese shares.
China state newspaper's web portal eyes June IPO
People.com.cn, the online news portal run by the mouthpiece of the Chinese communist party, will list in Shanghai as early as June, a person familiar with the matter said on Monday.
China Overseas Land says to focus on major cities
China Overseas Land and Investment Ltd (0688.HK), one of the country's biggest developers, will focus on business in affluent first- and second-tier cities in the future, Chairman Kong Qingping said over the weekend.
China says U.S. must stop Taiwan arms sales
The United States will put improved relations with Beijing at risk if it does not stop selling arms to Taiwan, China's Foreign Minister said on Monday.
State parent says supports div cuts by Chinese banks
Central Huijin Investment Co, the domestic arm of China's $300 billion sovereign fund, will give its full backing to its banking units if they need to cut dividends or raise money to meet tougher capital rules, a senior Central Huijin executive said on Sunday.
China to cut bank loans to local govts-regulator
China is cutting the size of outstanding bank loans to local government financing vehicles, Liu Mingkang, the head of China's bank regulatory body, was quoted as saying on Monday.
China's top feed firm asks govt to stop probe on U.S. DDGS
China's largest animal feed producer, New Hope Group, called on the government to stop its anti-dumping investigation against exports of U.S. DDGS, a by-product of corn-based ethanol used to substitute corn by feed mills.
Q+A: Can the Jasmine Revolution reach North Korea?
North Korea is facing many of the same issues that led to revolutions from Tunisia and Egypt to Libya, but what are the chances of a similar uprising in the authoritarian Asian state?
Beijing says jasmine protest calls doomed to fail
Calls for Jasmine Revolution protests in Beijing are doomed to fail as people want peace and stability and government policies are popular, a spokeswoman for the city's government said on Sunday.
Space weaponry in focus as US Air Force launches mysterious X-37B robotic plane
The U.S. Air Force's second mysterious robotic mini space vehicle, X-37B Orbital Test Vehicle, blasted off from Cape Canaveral, carrying classified payload. Soon after the launch a media blackout shrouded the mission, fuelling speculation about its possible military purposes.
World's Smallest Aquarium With Fish
Siberian craftsman Anatoly Konenko is responsible for the smallest aquarium in the world.
Microsoft AimsTo Kill Internet Explorer 6
A decade after the release of Internet Explorer 6, Microsoft is making another attempt to rid the world of the browser.
Bank of China sees mortgage growth slowing in 2011
Bank of China Ltd, the country's No. 4 lender, expects growth in mortgage lending to slow this year as the government moves to cool property prices, the bank's president said on Saturday.
North Korea heir formally invited to China - South Korea spy
China has formally invited North Korea's leader-in-waiting to visit, but it was not clear when Kim Jong-un would make the trip, a South Korean lawmaker said on Saturday, quoting a senior spy agency official.
China to launch energy cap-and-trade trials in green push
China is planning trial efforts for an energy cap-and-trade scheme, applying market forces to its goals to reduce fossil fuel consumption and greenhouse gas pollution, the government said on Saturday.
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