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  • Market economy status yet to come

    2010-10-04 09:41

    China faces an "unpredictable schedule" as to when the European Union (EU) will grant it market economy status, mainly because businesses and some politicians hold different views, said a senior business chamber leader.

  • 'Good news for the world' as Asian economies regain place

    2010-10-04 08:04

    The rising economic strength of China, India and other emerging economies is not a threat but "good news" for the world, a senior French diplomat has said.

  • US terror warning could hurt Europe's economy

    2010-10-04 07:56

    A rare advisory for US travelers to beware of potential terrorist threats in Europe drew American shrugs Sunday from Paris to Rome, but tourism officials worried that it could deter would-be visitors from moving ahead with plans to cross the Atlantic.

  • IMF urges co-op to prevent currency war

    2010-10-03 08:13

    The head of the International Monetary Fund (IMF), Dominique Strauss-Kahn, on Saturday urged major economies to do more to prevent a global currency war.

  • Chinese companies driving brighter market for IPOs

    2010-10-02 11:00

    High-flying shares of two Chinese companies helped set a cheery tone for the long line of companies hoping to raise money from capital markets this winter.

  • Bank of America delays foreclosures in 23 states

    2010-10-02 10:32

    Bank of America is delaying foreclosures in 23 states as it examines whether it rushed the foreclosure process for thousands of homeowners without reading the documents.

  • European oil firms resist US pressure to quit Iran

    2010-10-02 10:24

    European oil majors resisted pressure from the United States on Friday to stop doing business with Iran, in spite of Washington's drive to isolate Tehran over a nuclear programme the West suspects is aimed at making bombs.

  • Car sales slow in US as India accelerates

    2010-10-02 08:29

    Car sales in the United States, Europe and Japan stayed stuck in low gear in September, while emerging markets like India raced ahead.

  • AIG reaches deal to repay government

    2010-09-30 20:29

    AIG, which became a lightening rod for criticism over government bailouts, said it reached a deal to repay billions of dollars it received during the credit crisis.

  • US yuan bill violates WTO rules: Beijing

    2010-09-30 12:57

    The US-proposed anti-subsidy investigation against Chinese imports on the grounds of exchange rate violates the rules of the World Trade Organization (WTO), Yao Jian, spokesman of China's Ministry of Commerce, told Xinhua Thursday.

  • Trade between S. Korea, Russia surges 52-fold

    2010-09-29 17:17

    Trade between South Korea and Russia has recorded an over 50-fold jump since the two countries established diplomatic relations 20 years ago, a government report showed Wednesday.

  • EU clears Foxconn's acquisition of Dell's facility

    2010-09-29 08:28

    The European Union (EU) executive Tuesday approved the acquisition of Dell's computer production facility in Poland by China's Taiwanese company Foxconn.

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