OECD indicators foresee continued expansion

2011-02-14 19:49:06

Most member countries of the Organization for Economic Cooperation and Development (OECD) will continue to see expansion in near term as the OECD composite leading indicators (CLIs) for December 2010 mostly showed an upwards trend.

Nokia, Microsoft to build rival to Google's Android

2011-02-11 17:08:33

Nokia and Microsoft have teamed up to take on Google and Apple in the fast-growing smartphone market as the Finnish cellphone maker attempts to regain its leading position in the sector.

Bernanke urges yuan rethink

2011-02-11 07:46:50

US Federal Reserve Chairman Ben Bernanke said on Wednesday China's recent measures to control its inflation by raising interest rates is "surprising" and urged Beijing to let its currency rise.

D.Boerse-NYSE deal faces antitrust snags

2011-02-11 14:04:28

Deutsche Boerse AG's planned takeover of NYSE Euronext faces intense scrutiny from German regulators and European antitrust authorities, potentially imperiling the blockbuster exchange tie-up.

US Congressmen propose foreign currency bill

2011-02-11 14:11:50

A group of US congressmen Thursday proposed a bill to press China to let its currency appreciate faster, a latest move that may harm China-US cooperation.

US to keep antidumping duty on China's magnesium

2011-02-11 14:03:34

The US International Trade Commission (USITC) on Thursday decided to keep the existing antidumping duty order on imports of magnesium from China, but would revoke the same order on imports of this product from Russia.

Food prices rise on weather, improved living standards

2011-02-10 09:04:46

Extreme weather, improved living standards and increased global liquidity have pushed up food prices in emerging markets, experts say, but the risk of a jump in speculative demand for grain remains low.

Brazilian mining to attract $350b in 20 yrs

2011-02-09 09:40:35

Brazilian Minister of Mines and Energy Edison Lobao launched on Tuesday the National Mining Plan 2030, with expected investments of $350 billion to be applied in research, searching, mineral processing, infrastructure and logistics.

US auto sales seen losing momentum in Jan

2011-02-01 09:53:15

US auto sales lost momentum in the final weeks of January, auto executives and a leading analyst cautioned on Monday, setting the stage for a softer start to 2011 than the industry had expected.

Oil prices rise on Egypt unrest

2011-02-01 08:51:44

A key global oil price contract topped $100 per barrel on Monday for the first time since 2008, as investors kept an anxious eye on Egypt and worried about unrest there disrupting the flow of oil from the Middle East.

Key African economist hails China's investment

2011-01-31 07:06:10

China is winning more understanding and recognition in Africa, Chinese experts said after a key African economist said Chinese investment is "really largely positive" at the World Economic Forum (WEF) in Davos, Switzerland.

Kan: China growth positive for Japan

2011-01-31 06:55:00

Japanese Prime Minister Naoto Kan's statement points to a positive and strong change in future China-Japan relations.