Chinese authorities are planning to construct a “seven-star hotel” in western Beijing’s Mentougou district, about 30 kilometers from the Chinese capital center, in a $1.3 billion joint project with Saudi Arabia.
IBTimes compiles a list of the greatest trades of all time with accompying information that explains the rankings.
In this piece, we will examine four of gold's most important rules; the irreversible trends affecting the gold price; and how the consequences of these trends will push gold higher in 2011 and beyond.
In an annual survey conducted by the Japan Bank for International Cooperation, India for the first time topped the list as the most attractive destination, overtaking China.
There is euphoric expectation that China, armed with its $2.6 trillion reserves, will emerge as the ultimate white knight for Europe. Is that belief founded on facts and substantiated by strategic thinking?
Since 2010, the media as been buzzing about tablet PCs that took over the market, but none has matched the potential of Apple iPad with its simple but killer features. Now, Motorola, RIM and Lenovo, few of the major players in the market are hoping to capture their share of success in the tablet PC world.
AT&T has raised the number of clients in the Greater China region by about 50 percent in 2010, Reuters reported on Thursday, quoting a senior executive of the company.
Food prices will continue to haunt the world in 2011, even as the UN's Food and Agricultural Organization warned of 'food price shock' on Wednesday.
Total global revenue from tablet devices like Apple's iPad and Samsung's Galaxy Tab will increase from 16 billion dollars in 2010 to a whopping 46 billion dollars in 2014, according to a report released Wednesday by U.S. technology research firm Yankee Group.
The companies that reported news on Wednesday after the market close are: Cisco Systems, CenturyLink, Qwest Communications, Delta Air Lines, Massey Energy, AMR, American Airlines, Ruby Tuesday, Resources Connection, Mindspeed Technologies, Quidel, Lacrosse Footwear, and Daqo New Energy.
China has reaffirmed its commitment to buying Spanish government bonds, amidst growing concern about the health of peripheral euro zone debt.
Google has not given up on China and is looking for ways to re-enter the market, according to CFO Patrick Pichette.
With the U.S. market promising little growth in 2011, law firms are looking at emerging markets in Asia and South America for spurring their expansion.
Former Shell Oil CEO John Hofmeister's prediction a fortnight ago that retail gasoline prices would hit $5 per gallon by 2015 has gone viral since then, drawing attention largely on the U.S. drilling policies but also spooking consumers and polarizing analysts in the process.
John Lipsky, the first deputy managing director of the International Monetary Fund (IMF), has said 2011 will be a pivotal year for the global economic recovery and for international policy cooperation, adding that it's also a crucial year for the Fund as it will try to address these principal challenges.
Inflation will be the biggest concern for the emerging markets in 2011 and an important economic gauge to watch in the new year.
France is heavily involved in industrial espionage against its European neighbors, not China, Russia or the U.S., according to the diplomatic cables leaked by WikiLeaks.
Minutes from the last FOMC meeting held on Dec. 14, 2010.
Japanese researchers at the Kyoto University have broken the rare earth import jinx as they have created a new alloy which resembles rare metal palladium, bringing a sigh of relief to countries depending on Chinese exports of rare earth metals.
Inflation might not be China's biggest concern in 2011, as many experts believe, an economist at Capital Economics said in a note.
The huge floods sweeping across northeast Australia could have a significantly negative impact on the global steel industry.
Chinese nuclear scientists have made a technological breakthrough by developing nuclear fuel reprocessing technology which could potentially solve the country's uranium supply problem, according to media reports.