Bolivia to end 2010 with $2.7 billion external debt

2010-12-22 14:00:36

Bolivia's external debt will exceed 2.7 billion US dollars, 50 million dollars more than in 2009, the Central Bank of Bolivia (BCB) said Tuesday.

Airlines to earn $15B in 2010; Chinese carriers surge

2010-12-17 09:21:42

Airlines will show better-than-expected earnings of $15.1 billion this year as investors favor shares of carriers in Asia.

US high-tech export curbs 'cause of deficit'

2010-12-16 07:20:31

Restrictions on high-tech exports to China, rather than the Chinese currency, are the "major source" of the US trade deficit with China, the Ministry of Commerce (MOC) said on Wednesday. Foreign investment up 38% in Nov Opting for China-US trade expansion

China, US start trade talks in Washington

2010-12-15 06:39:44

China and the United States on Tuesday kicked off their annual trade talks in Washington DC.

Yahoo preparing to lay off 600 to 700 workers

2010-12-14 14:10:59

Yahoo Inc is preparing to lay off between 600 and 700 workers in the latest shake-up triggered by the Internet company's lackluster growth.

US mortgage program largely fails: panel

2010-12-14 14:10:02

The US Treasury Department failed to effectively administer a program intended to help troubled homeowners and squandered a chance to redesign it so it would be more useful, a congressional watchdog panel said in a harshly critical report released on Tuesday.

China to expand integration of Asian markets: CIC

2010-12-13 22:36:24

China will continue to work in close collaboration with its Asian neighbors to expand market integration in the region, Jin Liqun, chairman of the Board of Supervisory of the China Investment Corporation (CIC), said here on Monday.

OPEC won't raise its oil production

2010-12-12 11:21:22

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.

Obama announces export control system

2010-12-10 10:57:32

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 09:30:28

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 23:18:47

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 12:23:22

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.