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Baidu tries to cast off links to piracy

Baidu Inc, operator of the nation's most popular Internet search engine, has begun official cooperation with book publishers by charging for its e-book services, a first step in its fight against piracy, analysts said Monday. Readers will be able to purchase electronic books from ...

Google may face censor showdown

Google's web mapping service may be blocked in China next year if the search giant refuses to move its mapping server to the Chinese mainland for official licensing. The State Bureau of Surveying and Mapping has designated March 31 as the deadline for application, and any ...

China estimated to trim Oct fuel oil imports by 1%

China was estimated to import about 1.60-mil mt of fuel oil in October, a shipping schedule shows. This volume is down about 1% or 20,000mt from September imports published by the General Administration of Customs, but up 22% on year. Due to abundant supply of marine crude, ...

Europe: European styrene falls as French refinery workers return to work

p>European styrene prices declined Thursday, amid limited buying interest following an announcement that recent strike action in France has ended. At the start of the day Thursday, barges for November loading were pricing at $1,270-1,285/mt FOB Rotterdam, sources said. This ...

3 Chinese firms among Newsweek's list of most innovative

Three Chinese companies are listed among the 10 most innovative firms globally in 2010 by Newsweek. The list also includes such regulars like Microsoft, Apple and Google. They are Taiwan-based smart phone maker HTC at No. 4, solar battery and new energy car maker BYD at No. 8 and ...

Chinese gold miners fined for toxic spill

Two senior executives at Zijin Mining Group Co, China's biggest gold miner, were fined for an acidic waste spill in July, the government of Fujian Province said yesterday. Chen Jinghe, president of the company, was fined 705,997 yuan (US$106,448) and Vice Executive President Zou ...

China: Shandong independent refineries run at 43.4% Thu, down 5 percentage points on week

Operation rates of independent refineries in Shandong Province averaged 43.4% Thursday, down 5 percentage points from a week ago, up 14.4 percentage points from a year earlier, a survey showed. The on-week decline was mainly due to shutdown of two 1.5-mil-mt/yr crude distillate ...

Steel mill profits decline in September

Profits at 77 of China's major large- and medium-sized steel mills in September fell 20.25 percent year on year to 5.82 billion yuan ($872.47 million) due to rising raw material costs and lower steel product prices. A total of 10 steel mills were in the red over the first nine ...

Retailers, suppliers face off

Ting Hsin International Group's negotiations with Carrefour over the price hike of its popular Master Kong brand of instant noodles stalled recently, with no signs of yielding from Carrefour. Although the talks failed, the attempt is viewed as enviable among small-sized Chinese ...

A golden handshake for China's biofuel

Friendly policies for overseas investors to invest in China's biofuel sector have influenced partnerships between domestic and foreign companies to develop the alternative to fossil fuel. Green Biologics (GBL), a British biotech company, has signed deals with two Chinese ...

Taobao bans trade in tickets for TV's Spring Festival Gala

Sellers offering tickets for CCTV's annual Spring Festival Gala on online platform Taobao.com have been banned after the website found the free tickets being sold at prices up to 30,000 yuan (US$4,524) each. Taobao officials said that all the online shops offering the tickets had ...

Steel sector challenged by oversupply, rising costs

China's medium and large iron and steel manufacturers are facing tough times this year, squeezed by market oversupply and increased production costs, the China Iron and Steel Association (CISA) said Friday. China's crude steel output in the first three quarters of the year ...

"Rabbit" goods in high demand

Christmas has just come and gone, but another holiday is on its way. The Chinese new year is approaching and, thus, so is the year of the rabbit and a new business opportunity. Symbols of the fluffy animal can be found on goods ranging from slippers to gold bars. Our reporter ...

China: Sinopec intends to soon import 200,000mt of gasoil on supply tightness

Sinopec is considering importing at once about 200,000mt of gasoil to prevent the supply from worsening in some areas in eastern coast, the oil major announced on its website. A source with Unipec, Sinopec's foreign-trade arm said shipping schedule is yet to be fixed so far. A ...

China: Shandong independent refineries run at 47.3% Thu, up 3.9 percentage points on week

Operation rates of independent refineries in Shandong Province averaged 47.3% Thursday, up 3.9 percentage points from a week ago, up 20.3 percentage points from a year earlier, a survey showed. The on-week rise could be mainly attributable to resumption of a 1.5-mil-mt/yr crude ...

China's first solar chimney plant starts operating in desert

A water-tower-like chimney is eye catching in the desolate desert, where under the chimney is a glass-made house sitting above the ground. This is a solar chimney plant system in Jinshawan, Wuhai City of north China's Inner Mongolia Autonomous Region, which is the country's first ...

China to continue proactive fiscal policy in 2011

China will continue to implement its proactive fiscal policy in 2011 and better handle the relations between maintaining steady and relatively fast economic development, restructuring the economy and managing inflation expectations, Finance Minister Xie Xuren said Monday. Xie, ...

China: PetroChina Jinxi Petchem to keep Nov crude throughput unchanged at 14,000mt/d

PetroChina Jinxi Petrochemical is scheduled to process 420,000mt of crude in November, with daily throughput stable at 14,000mt compared with the previous month, according to a refinery source. Jinxi Petrochemical, located in Huludao City of Northeast China's Liaoning Province, ...

BYD to miss 2010 sales target

BYD Co, the Chinese automaker backed by Warren Buffett, will likely miss its 600,000 unit target for auto sales in 2010, Bloomberg News reported Wednesday, citing the company's spokesman. The Hong Kong-listed carmaker will likely sell 520,000 to 550,000 cars this year, he said. ...

China: CNOOC Huizhou refinery reduces Nov crude throughput target by 7% to 790,000mt: on month

CNOOC Huizhou refinery is scheduled to refine 790,000mt of crude in November, down 60,000mt or 7% from the previous month, according to a refinery source. The decline was mainly due to provisional maintenance of a 1.2-mil-mt/yr fluid catalytic cracker in the month, the source ...

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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