Gold prices fell on Thursday as the euro slid to a three-week low versus the dollar, pressured by news that European officials considered delaying a bailout package for Greece which fuelled fears the heavily indebted nation could face a chaotic default.
Chinese Vice President Xi Jinping is eager to show the world that he has what it takes to lead the world's second-largest economy once he's elected as President. Jinping's official visit to Washington on Tuesday has catapulted him into the international spotlight, thus providing the first glimpse of the man most likely to be China's next leader.
Gold demand struck 14-year highs in 2011, driven by record investment, buying in China, which could overtake India this year as the world's top consumer, and central bank purchases, which hit their highest in at least 40 years, according to a report on Thursday.
China's ministry of commerce has approved a project that allows the British oil giant to have a presence in block 43/11, a gas field in the South China Sea, the China Daily reported quoting Chen Liming, head of BP China.
Addressing a gathering of U.S. business leaders, policymakers and academics in Washington, Chinese vice-president Xi Jinpin said that more balanced economic ties are needed for the crucial task of addressing the trade imbalance between the two major economies.
Dozens of Costa Concordia survivors have joined in a Florida lawsuit against Carnival Corp. accusing them of negligence and fraud.
Chinese firm Shanghai Pengxin, which is run by wealthy property developer Jiang Zhaobai, had hoped to spend more than $164 million buying and improving the New Zealand dairy farms.
Xi Jinping defended China's human rights record during his meeting with President Barack Obama on Wednesday. The Chinese Vice President admitted that his country could do more in the area, but added that the United States should respect China's human rights developments.
In light of Iran's apparent nuclear capabilities, Russia argues that Western economic sanctions have failed and the time for negotiations is now.
Stocks gave up gains on Wednesday as the S&P 500 hit a technical barrier near a nine-month high and Apple shares erased a 3 percent advance.
U.S. stocks gave up gains on Wednesday as the S&P 500 hit a technical barrier near a nine-month high and Apple shares erased a 3 percent advance.
In country after country in Europe the so-called bitter pill approach has been wholeheartedly embraced as the only solution by both conservative and leftwing governments. Problem is, it's looking more and more likely that they're wrong: as a strategy, austerity has by and large failed.
Russia said global powers must work harder to win concessions from Iran over its nuclear program, warning that Tehran's desire for compromise is decreasing as it moves closer to being able to build atomic weapons.
Michigan-based Energy Conversion Devices filed for bankruptcy Tuesday and intends to sell off its solar power subsidiary United Solar Ovonic (USO), which presents another setback for America's solar energy industry as manufacturers continue to go under amidst growing competition from Chinese companies.
Apple CEO Tim Cook offered a tantalizing sneak peek of Apple's future strategy to investors at the Goldman Sachs Technology and Internet conference in San Francisco on Tuesday.
A debt-laden Chinese technology firm seeking to ban all shipments of Apple's popular iPad tablet into and out of the country has been told that China's customs authorities are unlikely to intervene in the trademark battle.
Labs whose experiments on dangerous pathogens are funded by the U.S. government must follow specific rules to keep the microbes from escaping, but those rules are not enforceable for researchers working with private funds. Outside the country, security and safety requirements vary widely, experts say.
China will continue to invest in euro zone government debt and it remains confident in the euro, the country's central bank governor said on Wednesday, while calling on Europeans to produce more attractive investment products for China.
The rumors about Apple's next generation iPad - dubbed iPad 3 - are always buzzing around the Internet, but it won't keep for long, if the latest report of iMore that the new tablet will be unveiled on March 7, is true.
Stock index futures rose Wednesday, buoyed by comments from China's central bank chief that the country would keep investing in euro zone debt and better-than-expected data from Germany and France.
Have a look at China's then and now here in pictures.
Proview Technology, the Chinese firm embroiled in a legal battle with Apple Inc (AAPL.O) over the iPad name, said on Wednesday that Chinese customs authorities had told it that any ban on the import or export of the popular tablet PCs would be difficult to impose due to the sheer size of the market.
