Residential real estate in 35 large and medium-sized cities in China is, on average, about 29.5 percent overpriced, according to estimates of the Chinese Academy of Social Sciences.
Hao Li
Dec 15, 2010
Edward Yardeni thinks copper prices can double in 2011 because there will be a shortage of it.
Hao Li
Dec 15, 2010
Social unrest in China has significantly increased this year, with people in small towns and rural areas particularly unhappy with their lives, according to a study by the Chinese Academy of Social Sciences (CASS), a Chinese think-tank.
Palash Ghosh
Dec 15, 2010
UBS initiated coverage of General Motors with a 'neutral' rating and $37 price target, saying that the automaker has no near-term catalysts to move the stock.
Manikandan Raman
Dec 15, 2010
Roubini Global Economics (RGE) has predicted that global economy's growth next year will be marginally weaker than this year, with eurozone holding the biggest risk to global growth, and that the U.S. will not emerge any time soon from the worst unemployment crisis it has faced in decades.
Jijo Jacob
Dec 15, 2010
Chinese premier Wen Jiabao arrived in New Delhi on Wednesday on a three-day visit seeking to boost mutual trust and understanding, and cement trade and economic ties between China and India.
IBT Staff Reporter
Dec 15, 2010
The Bank of Japan's Tankan business survey showed on Wednesday business confidence among large manufacturers dropped in December, the first decline in seven quarters, and that the prognosis going forward was gloomier.
Jijo Jacob
Dec 15, 2010
The percentage of Chinese who are satisfied with current price levels sharply dropped to the lowest level in 11 years despite the government efforts to contain rising prices, the People's Bank of China (PBoC) said.
Shankar besta
Dec 15, 2010
The India-U.S. solar collaboration has hit some snags as the U.S. is trying to push India to remove regulations related to imports of solar technology, the Wall Street Journal reported.
IBT Staff Reporter
Dec 15, 2010
The top after-market NASDAQ stock market losers are: Hansen Natural, Terremark Worldwide, Cubist Pharmaceuticals, National Beverage, Salix Pharmaceuticals, Dynamex, Merge Healthcare, Immucor, Cytokinetics, and P.F. Chang's China Bistro.
Balasubramanyam Seshan
Dec 15, 2010
The rise in income uncertainty and the 1997 pension reform measures have been largely responsible for the recent rise in China's savings rate. Other factors include health care costs and astronomical real estate prices.
Hao Li
Dec 15, 2010
The Obama administration has an ambitious goal of doubling U.S. exports over the next five years and creating two million U.S. jobs in the process.
IBT Staff Reporter
Dec 14, 2010
Richard Holbrooke, a top U.S. diplomat who was a key figure in negotiating peace to end the war in Bosnia 15 years ago, and was the special envoy to Afghanistan and Pakistan, died on Monday.
IBT Staff Reporter
Dec 14, 2010
After some seemingly hawkish moves in the past few weeks, Chinese policy makers adopted a dovish tone on Tuesday by easing the consumer inflation target to 4 percent for 2011.
Hao Li
Dec 14, 2010
The International Air Transport Association (IATA) estimated that airlines will earn net profit of $15.1-billion this year – a 70 percent jump from its previous forecast made only three months ago when it forecast profits of $8.9-billion. But the group warned that net profit margins in the airline industry are pathetic
Palash Ghosh
Dec 14, 2010
The FT reported that market-making brokerage and bank J.P.Morgan has materially reduced its bets on lower silver prices, citing a person familiar with the matter.
IBT Staff Reporter
Dec 14, 2010
China on Tuesday criticized a World Trade Organization (WTO) ruling yesterday that upheld the U.S. decision last year to slap duties on Chinese-made tires and said it will appeal to the global trade body. The Chinese commerce ministry repeated that the safeguard measures adopted by the U.S. on Chinese tire imports were protectionist and counter-productive.
Jijo Jacob
Dec 14, 2010
An escalation of trade tensions between China and the U.S. may involve protectionist measures on the U.S. side and the creation of exclusionary Asian trade walls on China's side.
Hao Li
Dec 14, 2010
German economic sentiment rose more than expected in December, posting an increase for a second consecutive month.
Shankar besta
Dec 14, 2010
Japan will lower the corporate tax rate by 4.5 percent to spur the economy out of deflation, Nikkei reported on Tuesday.
Jijo Jacob
Dec 14, 2010
The finance minister of debt-troubled Portugal is in Beijing, China to try to convince Chinese government authorities to purchase Portuguese government bonds.
Palash Ghosh
Dec 13, 2010
Galileo Global Advisors CEO Georges Ugeux speaks to IBTimes about investing in Asia outside the scope of public markets.
Hao Li
Dec 13, 2010