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New steel mill list to be unveiled next year

A list of steel enterprises that meet the new requirements set by the Ministry of Industry and Information Technology (MIIT) will be unveiled by the end of 2011, a source with the ministry said, China Securities Journal reported Wednesday. By then, the steel mills that are not on ...

Another 15 foreign agencies approved to release financial information in China

China approved another 15 foreign agencies' applications to publish financial information in China this year, bringing the total number to 25, the State Council Information Office (SCIO) said Thursday. Wang Chen, director of the SCIO, told a press conference that leading global ...

Air China among the world's top 500 brands for 4 years

In the recently-released "Top 500 World Brands," Air China, with a brand value of 40.6 billion yuan, entered the list again at 383rd. This is the fourth year Air China has been on the list since 2007, and it is China's only civil aviation company to enter the list. There are only ...

Europe:Police break barricades to access French Oil terminal

French police, determined to avoid further fuel shortages in the country, broke through barricades Friday to free access to a major French oil terminal. President Nicolas Sarkozy gave the order to end the blockade at the Grandpuits refinery east of Paris, one of 12 refineries ...

Americas:Oil rises on weak dollar, hurricane threat

Global oil prices advanced past $82 a barrel in Asian trade Monday as the dollar dropped further amid yet another hurricane threat over US Southeast coast. Light sweet crude for December delivery was seen trading at $82.45 a barrel at 11.30 a.m Singapore time while Brent crude ...

Singapore-based Armarda in talks to buy Chinese firm

Singapore-listed information technology company Armarda is planning to acquire a Chinese company in the next few weeks, a local newspaper reported Thursday. The target company will help Armarda in the areas of information technology and communications, the company said in an ...

China:Why oil prices are going higher?

Global crude oil production has leveled off at 74 million barrels per day. However, now that economies are recovering, consumption levels are back on the rise and the result will be an inevitable rise in oil prices. Oil Consumption is Crucial for Economic Growth Ignoring the rest ...

Americas: US steam cracker margins pull back on stronger feedstock ethane

p>US steam cracker margins scaled back slightly this week, crimped by stronger feedstock ethane. Spot ethane prices have continued to strengthen on robust demand, trading at 62 cents/gallon Friday morning. At 62 cents, ethane values are up roughly 6.50 cents/gallon since the ...

China's steel trading firm listed in ASX

A leading Chinese steel trading firm managed to get listed in Australian Securities Exchange (ASX) on Thursday, as the market opened the trading day at 11 a.m. of Sydney local time. Rongtai International Group Holdings Limited aimed to issue 15 million ordinary shares at an offer ...

Asia: Japan's JFE to shut Kasaoka aromatics plant March 25 for a month

p>JFE Chemical plans to shut its aromatics plant at Kasaoka, Okayama prefecture, Japan, on March 25, 2011, for a month of annual maintenance, a source close to the company said Monday. The Kasaoka plant, which has a nameplate capacity of 110,000 mt/year of benzene, 22,000 mt/year ...

Property curbs continue

China will not relax curbs on property speculation in 2011 and will reinforce the implementation of measures to contain rising home prices, domestic media reported Wednesday, citing Housing Minister Jiang Weixin. Officials attending the ministry's year-end work meeting admitted ...

India okays firms to buy from China

India has allowed two telecoms firms to buy equipment from Huawei and ZTE after the Chinese firms agreed to New Delhi's tighter rules to address security concerns, sources said last Friday. This year, India barred some local mobile phone operators from placing orders with Huawei ...

VoIP decision means Skype now illegal

The Chinese regulator has declared Internet phone services other than those provided by China Telecom and China Unicom as illegal, which is expected to make services like Skype unavailable in the country. The decision was criticized as a measure to protect the duopoly of state...

Asia: Russia says China ready to issue $6 bil loan for new coal fields

p>China is ready to issue a $6 billion loan to develop greenfield coal deposits and transport infrastructure for coal in Russia's Far East and Siberia, a spokeswoman for Russia's energy ministry said Monday. "China said it is ready to supply the loans and asked us to prepare a ...

Lawson boss to visit China ahead of expansion

Lawson Inc Chief Executive Officer Takeshi Niinami aims to open almost 10,000 stores in China by 2020, selling drinks, food and magazines. To pull it off, the Tokyo-based executive is packing his bags for Shanghai. As Japan's second-largest convenience-store operator plans to ...

China Mobile appoints new CEO, profit up 4.2% in H1

China Mobile, the world's largest mobile operator by subscribers, Thursday announced a personnel change by re-designating Li Yue, Executive Director and Vice President of the Company as Chief Executive Officer, and reported a 4.2 percent increase in profit for the first half of ...

Americas: Enterprise signs midstream services deal with Eagle Ford JV partners

p>Enterprise Products Partners Monday said it had signed 10-year agreements with joint venture partners Pioneer Natural Resources USA, Reliance Eagleford Upstream Holding and Newpek to provide midstream energy services for liquid-rich natural gas and crude oil production from the ...

Gaming winner

Netease reported a 55 percent increase in second-quarter revenue to 1.3 billion yuan (US$199 million) with booming income from operating Activision Blizzard's World of Warcraft game. China's leading Internet portal operator and online game provider yesterday said its profit for ...

Europe: Gazprom official 'confident' on German firm to join South Stream

p>An official with Russian gas giant Gazprom said Monday he is confident that a German company will become a shareholder of the South Stream pipeline project set to carry Russian gas under the Black Sea to Europe. "I have no doubts that a German company will become a shareholder,...

Energy plan to focus on cars

The Energy Saving and New Energy Vehicle Development Plan (2011-2020), which aims to reduce environmental pollution from the booming auto production, will be formally released in January 2011, after being postponed in November, said a senior expert. It will prioritize the ...

Latest World News

china

Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...

world

market

IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
The Number One Document also proposed a new pricing plan for China's ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...

finance

company

Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...

trade

sports

Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...
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