CHINA

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Markets Bob Up, Down on Slow News Day: Daily Markets Wrap

Markets bobbed up and down Wednesday on conflicting data as to what the U.S. economic picture will look like in the near term. Investors spent the day dealing with conflicting sentiments: a less-than-enthusiastic housing report on the one hand, a view that the U.S. economy is generally getting better on the other.
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A man works on a roof covered with solar panels at the Centre for Alternative Technology in Wales

US Holds Fire In 1st Salvo On Chinese Solar Companies

U.S. trade officials imposed surprisingly low tariffs on Chinese solar panels Tuesday, choosing to tread lightly and avoiding an all-out trade war when addressing local solar companies' complaints of unfair trade practices.
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Deaths From Smoking Triple Over Decade

Tobacco-related deaths have nearly tripled in the past decade and big tobacco firms are undermining public efforts that could save millions, a report led by the health campaign group the World Lung Foundation (WLF) said on Wednesday.
HTC Eternity

Sony Xperia neo L ICS vs HTC Eternity Windows 7.5: The Battle Begins in China

Mobile phone users in China have got in their basket of offerings two much-awaited smartphones. Japanese phone manufacturer Sony has just announced the upcoming availability of its first Android 4.0 Ice Cream Sandwich smartphone, Sony Xperia neo L MT25i. And Taiwanese mobile phone maker HTC Corporation has made available its HTC Eternity from today, the first Windows Phone device to officially reach the country.

Royal Dutch Shell, CNPC Ink First Chinese Shale Gas Production-Sharing Deal

Royal Dutch Shell Plc (NYSE:RDS) signed Wednesday the first-ever production sharing contract with China's state-owned China National Petroleum Corp., or CNPC, as the world's second largest economy seeks to develop its untapped reserves, similar to those that gave rise to the U.S. natural gas boom, with the help of foreign technology.
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Developing Nations To Name 2 Candidates To Head World Bank

Nigerian Finance Minister Ngozi Okonjo-Iweala and former Colombian Finance Minister Jose Antonio Ocampo are set to be nominated to lead the World Bank, sources with knowledge of emerging market efforts to find candidates said on Tuesday.
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QVC Starts Joint Venture In China

The world's largest television and online retailer QVC Inc. is starting a joint venture with China's national radio broadcaster to enter the world's most populous growing consumer and media market.
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Will Bull Market for Gold Continue?

Gold is expected to reach a new record high of $2,200 per ounce as fears of Economic and Monetary Union of the European Union break-up surge again and with U.S. monetary policy anticipated to remain supportive, according to Capital Economics.
Traders work on the floor of the New York Stock Exchange

Chinese Hard Landing Fears Weigh On US Assets: Daily Markets Wrap

U.S. asset markets sold off Tuesday as investors interpreted new data from China to mean that country's economy might be slowing down faster than previously thought. Of paramount concern was a government report showing new home prices had recently declined in 45 of 70 major cities, with prices static in 21 other metropolitan areas.
An Airbus A319

India To Boycott EU Airline Tax

India will call upon local airlines to boycott the European Union's carbon-offsetting tax, as an ongoing row over a recently-instated tax on flights in and out of Europe has sparked discontent from several nations and heightend fears of a trade war.

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