China faces growing challenges in managing its foreign exchange reserves -- the world's largest at $2.85 trillion, the country's foreign exchange regulator said in remarks published on Tuesday.
China's increases in bank reserve requirement ratios (RRR) have become a key part of its arsenal in managing massive fund flows and investors should not be concerned that such policy tightening will choke growth.
Chinese President Hu Jintao on Tuesday flew to the United States for a state visit buffeted before he even lands by senior U.S. senators demanding tough action against China for manipulating its currency.
China said on Tuesday its rare earth exports rose 14.5 per cent in the Jan-Nov period of 2010 as prices more than doubled, with most of the shipments going to Japan, Europe and the United States.
World’s number one mobile phone maker, Nokia will end bundling of free music downloads with cellphones in 27 countries but will continue to sell phones free music downloads in China, India, Indonesia, Brazil, Turkey and South Africa.
Adriana Resources reached a joint venture agreement with a unit of China's Wuhan Iron and Steel Co Ltd on Monday in the latest in a series of deals in Canada's iron mining sector.
China's central bank has cut its 2011 lending target for banks by 10 percent from last year, the official Securities Journal reported on Tuesday, citing unidentified banking sources.
China's securities regulator will begin a trial programme that for the first time allows local fund houses to raise money offshore for investment in the domestic financial market, two sources said.
China has emerged as a world leader in the manufacture of solar photovoltaic technology, and could soon be the largest supplier of wind turbines, thanks in part to state laws and directives that reward renewable energy equipment companies with cash and tax perks.
China's central bank has devised calibrated reserve ratios for different banks to tighten curbs on bank lending and tame quickening inflation, Chinese media said on Monday.
China's securities regulator will begin a trial programme that allows local fund houses to raise money offshore for investment in the domestic financial market, two sources said on Monday.
MasterCard Worldwide's (MA.N) partnership with China UnionPay, the country's lone bank card transaction processor, will help it become a player in China's 3 trillion yuan ($455 billion) personal consumption market in five to 10 years, the head of MasterCard in China said on Monday.
South Korea's Hana Financial Group Inc (086790.KS) has formed a strategic tie-up with China Merchants Bank Co Ltd (600036.SS), Hana said on Tuesday.
European planemaker Airbus celebrated a surprise win in the annual orders race against Boeing with the 10,000th plane sale in its 40-year history, part of a $5 billion order from Virgin America.
The music service was supposed to rival iTunes. It didn't.
PIMCO's Anthony Crescenzi , author of one of the few books on macroeconomic investing, speaks to IBTimes about his views on the broad economy and the tools he uses to monitor it.
Rough diamond prices are expected to rise further this year, but will not match last year's sharp double-digit percentage rebound, which was boosted by restocking from jewellers, the head of De Beers sales division said on Monday.
South African stocks fell on Monday, snapping a four-day advance, with paint company Freeworld Coatings sliding 4 percent after saying a proposed takeover bid by Japan's Kansai Paint was unfair to shareholders.
Developing countries and economies in transition together attracted more foreign investment than developed countries in 2010 for the first time, a United Nations study showed on Monday.
U.S. Senator Charles Schumer, D-NY, is greeting Chinese President Hu Jintao’s visit to the U.S. this week with a promise of legislation to impose tariffs on Chinese goods to combat China’s alleged currency manipulation.
China's securities regulator will begin a trial programme that allows local fund houses to raise money offshore for investment in the domestic financial market, two sources said on Monday.
Investors remain preoccupied by the threat of further monetary tightening in China, writes Marc Ground at Standard Bank in London today. This is weighing on precious metal prices, encouraged further by a stronger Dollar off the back of lingering Eurozone debt concerns.