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Economy

Obama announces export control system

2010-12-10 10:57

US President Barack Obama on Thursday announced the administration had released a series of regulations and requests for comments as part of the implementation of the new US export control system and was seeking public comments, a move to further support US firms' export efforts.

Japan eyes environment tax from Oct 2011

2010-12-09 09:30

Japan's tax commission will propose the introduction of an environment tax from October 2011 to help curb greenhouse gas emissions.

EU agrees to back Russia's WTO entry

2010-12-07 23:18

The European Union formally backed Russia's bid to join the World Trade Organisation on Tuesday, clearing the way for Moscow to join the body in 2011, after 17 years of trying.

Vehicle production in Brazil hits record high

2010-12-07 12:23

Vehicle production in Brazil reached a record-high 3.35 million units in the first 11 months of 2010, up 14.6 percent from the same period last year, the National Automakers' Association (Anfavea) said Monday.

OPEC won't raise its oil production

2010-12-12 11:21

OPEC ministers announced Saturday to maintain its oil output at current level while Saudi Arabia voiced favor for a price between 70 to 80 dollars per barrel.

Forbes Asia names Tony Fernandes Businessman of the Year

2010-12-03 14:17

Forbes Asia magazine on Friday named Tony Fernandes, the pioneering chief executive officer of AirAsia Group, as its 2010 Businessman of the Year.

China may invest $8b for SCO development bank

2010-12-02 16:07

China may contribute $8 billion to establish the Shanghai Cooperation Organization (SCO) Development Bank, the 21st Century Business Herald reported Thursday.