American online payment service provider Paypal said it will help establish an international e-commerce hub in southwestern China to cash in on the nation’s fast-growing Internet sales market.
China is finally stepping up to fight corruption, which has been rated as the number one problem for progress. The country issued the first ever white paper on the nation's anti-graft efforts, Xinhua, the official news agency of the government said.
Futures on major U.S. stock indices point to modestly higher opening on Wednesday with futures on the S&P 500 up 0.10 percent, futures on the Dow Jones Industrial Average up 0.10 percent and Nasdaq100 futures up 0.25 percent.
China's central bank raised rediscount rates for banks for the first time in two years and also raised the one-year relending rate, in yet another indication that bank is serious about tightening policy.
Shares of General Motors rose more than 2 percent Tuesday after a slew of analysts advised buying shares of the automaker, which has raised $23 billion recently in the world's largest IPO.
China-based Perfect World, an online game developer, has announced the launch of unlimited closed beta testing for Empire of the Immortals, a new MMORPG for the Company's Immortals franchise.
Nokia Siemens Networks said it should complete its acquisition of Motorola's wireless infrastructure assets in the first quarter of 2011, once Chinese regulators give the nod.
Futures on major U.S. stock indices point to higher opening on Tuesday ahead of economic data including S&P/CaseShiller house price index.
48% of US Companies are predicted to hire logistics grads in 2011 but suffer severe talent crunch
In a blow to Microsoft, Russia has taken another step towards transition into complete usage of free software. Prime Minister Vladimir Putin on Monday signed an order for the transition of federal bodies and agencies to use free software.
Exposure to fluoride may lower children's intelligence, says a study pre-published in Environmental Health Perspectives, a publication of the National Institute of Environmental Health Sciences. Fluoride is added to 70 percent of U.S. public drinking water supplies.
Stocks finished narrowly mixed in very light trading as a monstrous snow storm on the East Coast likely kept many traders home and a rate hike over the weekend by China dampened some investor sentiment.
China’s decision over the weekend to raise interest rates could turn out to be positive development for Japan, according to a Tokyo-based economist.
Futures on major U.S. stock indices point to lower opening on Monday after China's central bank raised one-year lending and deposit interest rates for the second time in 2010 on Saturday.
China's central bank raised one-year lending and deposit interest rates for the second time in 2010 on Saturday, leading Chinese stocks to rise sharply on Monday before falling.
Iran's OPEC governor said that that the oil market is balanced and is likely touch $100 per barrel , the Oil Ministry's website SHANA said in a statement
The U.S. Department of Energy is investing in a power storage system that brings together several emerging industries in the alternative energy field -- solar and wind power, and the lithium-ion battery.
German automaker, Audi, has announced that the company has broken its record for annual vehicle sales in the U.S. recording its 93,507th transaction on December 13, 2010.
Southwest China's Tibet autonomous region is estimated to grow at the rate of 12.2 percent this year, recording a double-digit GDP for 18 consecutive years.
Chinese automobile shares fell sharply on Friday after Beijing authorities Thursday announced stringent new measures to limit the sale of new passenger cars in the national capital to ease traffic congestion.
Google Inc. has started its 2010 Christmas with new holiday doodle, which has 17 interactive images of holiday destinations and cuisines from around the world.
Onions may not be taken as a very serious subject, but the rapid rise in the price of this odorous vegetable in India reflects growing inflation fears in the emerging markets.
