Australia govt to set carbon price from mid 2012
2011-02-24 13:04:55
Australia will set a carbon price from July 1 2012 as an interim measure until a full emissions trading scheme can be introduced three to five years later, Prime Minister Julia Gillard said on Thursday.
Higher oil prices would hamper global economy
2011-02-24 10:51:58
Just as the US and global economies are finally strengthening, they face a new danger: Rocketing oil prices, which topped $100 a barrel Wednesday.
Stock markets across Asia fall sharply
2011-02-22 11:14:44
Asian shares fell sharply Tuesday, battered by ongoing unrest in the Middle East, an earthquake in New Zealand and a downgrade of Japan's credit rating outlook.
Japan's credit rating suffers blow
2011-02-22 10:50:26
Moody's Investors Service on Tuesday downgraded its outlook for Japan's credit rating because of concerns over its massive national debt.
Rising yuan will not solve US economic woes
2011-02-19 10:31:51
The G20 is aiming to root out the causes of the global financial crisis, rather than a series of discussions which single out the economic policies of any specific country, said French Finance Minister Christine Lagarde at the meeting of finance ministers.
Apple reports labor, safety problems at suppliers
2011-02-17 10:39:53
Apple Inc says its audits found labor, safety and other abuses by its suppliers in 2010, though it praised Taiwan manufacturer Foxconn for saving lives through its handling of a spate of suicides at its factories in China.
D.Boerse unveils NYSE deal, faces bumpy road
2011-02-16 10:33:20
D. Boerse faces a struggle to get approvals from a host of regulators for its takeover of NYSE Euronext to form the world's largest exchange operator.
'Drought will not hit world grain prices'
2011-02-16 07:31:41
China sought to ease fears on Tuesday about the global impact of a drought in its wheat-growing regions that has raised concerns about world food prices. Price falls as China wheat supply worries ease
WTO urges Japan to reform, free trade
2011-02-16 09:45:30
Japan must liberalise its foreign trade as part of wide-ranging structural reforms to restore competitiveness and boost growth.
Suit says BP official resigned over safety issues
2011-02-15 14:45:26
A former official with BP's drilling operations in the Gulf of Mexico resigned just months before last year's oil spill because of disagreements with the oil giant over its commitment to safety, according to a class-action federal lawsuit related to the spill.
Yuan appreciation won't help solve US problems
2011-02-15 07:50:55
As unemployment numbers have soared in the United States, China-bashing has become legitimate in the eyes of some politicians who claim the "undervalued" yuan gives Chinese exports an unfair advantage.
Business leaders to promote service sector at APEC
2011-02-14 22:33:15
World business leaders gathering in South China Monday vowed to promote the service sector among the APEC (Asia-Pacific Economic Cooperation) members.