The world economy is beset by problems such as high unemployment and rising prices which could fuel trade protectionism and even lead to war within nations, the head of the International Monetary Fund warned on Tuesday.
IBT Staff Reporter
Feb 01, 2011
China's manufacturing activity contracted to a five-month low in January, indicating that the Chinese government measures to control prices caused a decline in manufacturing.
Shankar besta
Feb 01, 2011
With the government blocking Internet and cell phone connections in Egypt for the fifth consecutive day, the scene is one of complete chaos at the Cairo International Airport as tourists flock to escape the growing disturbance in the country.
Monami Thakur
Feb 01, 2011
Mexican tycoon Carlos Slim said on Monday he plans to boost his investment in Mexico this year by about 20 percent to $3.6 billion, with telecoms, mining and infrastructure taking center stage.
IBT Staff Reporter
Jan 31, 2011
Gold fell on Monday, notching its first monthly decline in six months, as strong U.S. factory and spending data coupled with fading worries about the euro zone debt crisis put a damper on the metal's rally.
IBT Staff Reporter
Jan 31, 2011
The Chinese government will spend around 30 billion yuan over the next five years on new airport projects in the restless far western region of Xinjiang, state media reported on Monday.
Wenwen Meng
Jan 31, 2011
U.S. Ambassador to China Jon Huntsman has told the White House he plans to resign, fueling speculation he may be laying the groundwork to run for the Republican presidential nomination in 2012.
Wenwen Meng
Jan 31, 2011
China's state broadcast company apparently used footage from a famous Hollywood movie in a news report allegedly about the country’s air force.
Palash Ghosh
Jan 31, 2011
Full text of Judge Roger Vinson's ruling that the health care reform bill, passed by President Obama and Democrat lawmakers, is unconstitutional.
Hao Li
Jan 31, 2011
Swirling turmoil in Egypt will likely spread to other regions of the world and may impart a negative effect on economic growth and contribute to higher consumer prices, according to Nouriel Roubini, chairman of Roubini Global Economics.
Palash Ghosh
Jan 31, 2011
An elected parliament convened in Myanmar on Monday for the first time in half a century but inspired scant enthusiasm among a sceptical public convinced it is just a smokescreen for continued military rule.
IBT Staff Reporter
Jan 31, 2011
South Korea on Monday rejected a push by the North to bring forward military talks by 10 days, saying it was not enough time to prepare for their first dialogue since the North's deadly attack against a border island last year.
IBT Staff Reporter
Jan 31, 2011
CNOOC Ltd will pay $1.3 billion in its second shale deal with America's Chesapeake Energy Corp , the latest move by China's top offshore oil producer in its aggressive drive for overseas acquisitions.
Wenwen Meng
Jan 31, 2011
Hedge fund manager Bruce Berkowitz, the second largest stakeholder in American International Group, is bullish on both AIG and its spinoff AIA.
Hao Li
Jan 31, 2011
China's central bank, more hawkish on inflation than other parts of the government, has gained more policy-making power in recent months by outmaneuvering pro-growth factions in wrangling over the economic outlook and bank loans.
Wenwen Meng
Jan 31, 2011
China will permit designated banks to trade yuan/foreign currency swaps on behalf of their clients from March 1, the country's foreign exchange regulator said.
Wenwen Meng
Jan 31, 2011
China Construction Bank (CCB) (601939.SS) (0939.HK) has won approval to buy a combined 51 percent stake in Pacific Antai Life Insurance, the official Financial News reported on Monday.
Wenwen Meng
Jan 31, 2011
Governments, airlines and tour operators worked together on Monday to fly their nationals out of Egypt where protesters pressed their campaign to topple President Hosni Mubarak.
Jack Kim
Jan 31, 2011
Prime office rents in key Chinese and Brazilian cities will continue their economic growth-fuelled rise in 2011, a survey said, prompting global property investors to chase deals in those emerging markets.
Wenwen Meng
Jan 31, 2011
Japanese imports of rare earths from China rose six-fold in December from November, reflecting a resumption of trade after Beijing's de-facto ban on shipments halted flows of the minerals for two months since late September.
Wenwen Meng
Jan 31, 2011
Robert W. Baird said it have complied a brief recap of the initial fourth quarter big-cap wireless winners and losers. In the Smartphones division, the winners are Apple and HTC on strong results and guidance, while the losers are Nokia and Motorola Mobility.
Balasubramanyam Seshan
Jan 31, 2011
Gold eased on Monday after posting its largest daily gain in eight weeks on Friday and while the market did encounter some safe-haven buying on the back of the unrest in Egypt, this was expected to be temporary.
IBT Staff Reporter
Jan 31, 2011