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Online video firms speed up expansion

With the successful initial public offering (IPO) of smaller online video sites like LeTV.com, bigger Chinese online video firms have accelerated their pace of expansion. Industry analysts predict that with more Internet users and advertisers investing time and money into the ...

Efforts ease produce's path to marketplace

China is stepping up efforts to simplify the means of bringing agricultural products to the marketplace to reduce costs and address rising inflation. These efforts will also help international retail giants such as Wal-Mart and Carrefour optimize their purchasing systems in China ...

Americas: Industry applauds US aid for ethanol gear; still divided over E15

p>The leaders of US trade groups representing the ethanol industry and fuel providers on Sunday applauded a decision by the Obama administration last week to help pay for new pumps and other infrastructure necessary to substantially expand ethanol use. "Any time you have the ...

Asia: China's energy demand growth to slow down further in Q4: reports

p>China's energy demand growth is expected to slow in the last quarter of this year due to ongoing conservation efforts, local media reported Monday quoting a senior official from the National Energy Administration. Energy demand is expected to be curbed further after slowing in ...

PayPal joins in Chinese venture

EBay Inc's PayPal business has agreed to help set up an international e-commerce hub in southwestern China as more foreign companies cash in on the country's fast-growing Internet sales market. Paypal and the Chong-qing municipality have signed a deal to jointly develop a foreign ...

Europe: IEA's Tanaka says France not drawing from emergency oil stocks

p>The head of the International Energy Agency, Nobuo Tanaka, said Monday France was not yet taking oil from its state-controlled emergency stocks, and companies were only using stocks from their 30-day stored supplies. Speaking on the sidelines of an energy conference in Moscow, ...

Sales target may elude BYD

BYD Co, the Chinese automaker backed by Warren Buffett, will likely miss its 600,000 unit target for auto sales in 2010, spokesman Paul Lin said on Wednesday. The Hong Kong-listed carmaker is likely to sell 520,000 to 550,000 cars this year, he said. BYD cut its target to 600,000 ...

Independent technology urged for China's info tech drive

A blue paper on China's information-based development published on Thursday warned that lack of independent core technology is likely to hinder the country's info tech drive. According to the blue paper, titled "Analysis and Forecast on China's Informatization (2010)," more than ...

China: China to raise oil product retail ceilings by Yuan 220-230/mt from Oct 26

The National Development & Reform Commission, China's energy watchdog, announced Monday to lift retail ceiling prices by Yuan 230/mt for gasoline and by Yuan 220/mt for gasoil effective from Oct 26. Retail prices of gasoline would rise by Yuan 0.17/liter and gasoil up Yuan 0.19...

China embraces new Internet opportunities

The Ninth China Internet Conference (CIC) powered up with the theme of "Green Serivce-based Internet" on Tuesday. As a vane of the Asian Internet industry, the annual conference attracted over 160 IT CEOs and experts this year. "In the context of post-global financial crisis, ...

China continues to enhance regulating property market in 2011

China will enhance regulating its property market in 2011 and strengthen implementation of the tightening measures already unveiled by the government, a senior official said Wednesday. Jiang Weixin, minister of Housing and Urban-Rural Development, said at a national work ...

China: Qinzhou refinery to change oil product supply pattern in southern regions

PetroChina Qinzhou refinery, the first large refinery under PetroChina in South and Southwest China, is expected to become operational this August. The refinery has started trial run since Jun 29. The refinery, with a topping capacity of 10-mil mt per year, is estimated to run at ...

Foxconn says emergencies are over

Taiwan electronics manufacturing giant Foxconn on Wednesday announced the end of its "emergency status" to prevent the suicide attempts of its employees at mainland factories after workers staged rallies at its major industrial parks. "Our efforts have prevented all suicide ...

China: Shandong mulls establishing unified refined oil brand for independents

Shandong provincial government mulls establishing a unified brand of oil products for independent refineries. Shandong Economic and Information Technology Committee (SEITC) on Sep 30 issued a proposal to municipal governments and related authorities that Shandong should step up a ...

China automaker JAC to export 620,000 cars to Brazil in next 10 years

Chinese carmaker Jianghuai Automobile Co.,Ltd. (JAC) started shipping the first batch of 500 cars to Brazil on Tuesday. It signed a deal in August to export 620,000 ethanol-powered cars to Brazil in the next ten years. In a statement on Wednesday, the company said it will send ...

Asia: Malaysian Petronas' mega methanol plant rates at 80% of capacity

p>Malaysia's Petronas operating rates at its 1.7 million mt/year methanol plant at Labuan were at least 80% as of early Friday, a source close to the company said. The company had shut the plant on October 3 due to a natural gas supply disruption, and was only able to restart the ...

Superfast broadband by 2020

Most homes will have Internet access with speeds of 100 megabits per second by 2020, Sina.com.cn reported today, citing an IT expert. Bandwidth is the foundation of a high-end information society, Zhou Hongren, deputy director of the State Council Advisory Committee for ...

China: LPG barge loading resumes in west areas of S. China as typhoon "Megi" deviates

p>Major refineries in west areas of South China resumed LPG barge loading as typhoon "Megi" shifted its direction toward East Guangdong and Fujian Province, traders said. "We loaded a barge of LPG from Hainan Refining & Chemical on Oct 21, but the barge still stayed at the berth ...

Gold investment in China skyrockets in 2010

During the global financial crisis in 2008, gold was highly sought after as a safe haven asset amid the financial turmoil. International gold prices topped 900 U.S. dollars per ounce, and then broke 1,000 U.S. per ounce dollars in 2009. The gold price has risen more than four ...

iPhone 4 and iPad may debut

China Unicom have reportedly reached an agreement with Apple Inc to introduce the iPad tablet computer into the domestic market. The iPhone 4 is also said to be available through China Unicom's outlets in early September, but will not be launched simultaneously with the iPad, ...

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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