Led by strong demand in China, Japan and other Asian countries along with the various national-level initiatives and programs to promote the awareness on electric vehicles will help the Asia-Pacific region to surpass 1.4 million units in next five years, said a new report from Pike Research.
International law firm Cleary Gottlieb Steen & Hamilton plans to launch Hong Kong practice and wants Norton Rose's China corporate finance head Freeman Chan to lead the new team.
China will shift monetary policy from the current stance of relatively loose to prudent next year, reported the country's state-controlled media on Friday.
November's jobs data was shockingly bad and casts doubt on the optimism generated by upbeat economic reports from recent weeks.
Spot Gold jumped over $1400 per ounce in wholesale dealing on Friday in London, holding onto an earlier drop vs. the Euro as the single currency rose sharply on news of weaker than expected US jobs growth in November.
Jefferies & Co. said in its Wireless and Handsets weekly that tablet and smartphone sell-through has been strong at the start of the holiday shopping season.
Once yuan becomes fully convertible, countries importing Chinese goods will invariably have to have a reserve of yuan. And they will have to build up a yuan reserve by offloading their dollar reserves. If a major chunk of ASEAN and Latin American countries take this path, it will seriously dent the greenback's status as the global reserve currency.
Economic growth in India will overtake that of China in the next ten years, boosted by huge domestic demand, said noted global economist Nouriel Roubini.
Even as food prices shoot up in China, food production remains slow while demand is rising multifold.
General Motors on Thursday said its China auto sales in November rose 11 percent, led by strong demand of its Buick and Chevrolet models.
India’s number one software services company Tata Consultancy Services (TCS) has opened a business process outsourcing facility in the Philippines following the path of India-based BPO companies which have operations in that country.
With the current round of [US quantitative easing] set to end in June 2011, and our US economics team now forecasting strong US economic growth in 2011 and 2012, we expect US real interest rates to begin to rise into 2012, says a new bullion report from former investment-bank Goldman Sachs.
A growing demand for nuclear energy across much of the globe will undoubtedly make uranium a prized commodity, as new power plants proliferate. Investors seeking to capitalize on this evolving energy trend might consider a new exchange-traded fund, the Global X Uranium ETF (NYSE: URA), one of the very few investment vehicles in the world that can be regarded as a pure play on uranium.
The tension in Korean peninsula is unlikely to subside as South Korean intelligence chief Won Sei-hon said the North is highly likely to attack again.
If the ECB lives up to market expectations, the pair could rise further but a strong resistance area is up there, between 1.3266 (key long-term resistance) and 1.3357 (38.2 fibonacci retracement from June 7 lows), between which the 100-day SMA (1.3323) is also falling.
Designers of The Waterhouse at South Bund hotel in Shanghai were awarded the prestigious Architectural Review Emerging Architecture Award 2010 by the Royal Institute of British Architects (RIBA).
The Stanford Law School and the Graduate School of Business have come together to drive the energy revolution forward through the establishment of the Steyer-Taylor Center for Energy Policy and Finance - an interdisciplinary center to study and advance the development and deployment of clean energy technologies through innovative policy and finance.
France and Germany, the two leading countries of the euro zone, may have intentionally engineered a competitive currency devaluation by pushing private investors to share the burden of future sovereign bailouts.
Decades ago, the United States had a huge competitive edge over the rest of the world. However, that advantage is slipping away and so are American jobs.
U.S. stocks rallied in early trade on Wednesday as strong data on private payrolls, and better-than-expected manufacturing reports from China and Europe buoyed sentiment.
Spot Gold touched a near 3-week high for Dollar investors above $1396 per ounce in London trade on Wednesday, but slipped back from new record highs in Euros and Sterling as the US currency dipped on the forex market.
Futures on major U.S. indices extended earlier gains on Wednesday after ADP reported that private-sector employment recorded the largest gain in three years in November.