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Americas: September US met coal values rise month-on-month: BEA

p>US metallurgical-grade coal exports in September valued $714 million, ahead of the unrevised August figure of $702 million, according to the US Census Bureau's Bureau of Economic Analysis. Met coal export values, released on Wednesday, showed the first month-on-month increase ...

China joins elite offshore energy club

China has joined the world's elite club of offshore oil producers after China National Offshore Oil Corp (CNOOC) announced that its oil and natural gas output surpassed 60 million metric tons in 2010. The country's largest offshore oil explorer's oil and gas production last year ...

Airbus launches air traffic management firm ProSky

Airbus has launched a new subsidiary company called "Airbus ProSky," aiming to enhance development and support of modern air traffic management (ATM) systems in Europe and other regions, the French company said Tuesday. Airbus ProSky will function to interact and develop ATM ...

Tencent buys Google-backed Comsenz

Tencent Holdings Ltd has acquired a Google-backed Chinese social networking company for reportedly US$60 million, the country's biggest Internet firm said Tuesday. The acquisition marked another step for Tencent, which has leads China's online game and instant message markets, to ...

China UnionPay enjoys robust growth during New Year holiday

China UnionPay Co. Ltd. (CUP), a Chinese bankcard services provider, said Tuesday its inter-bank transactions grew robustly during the country's New Year holiday. From Jan. 1 to Jan. 3, domestic inter-bank transactions totaled 92.19 billion yuan (13.9 billion U.S. dollars), up 44...

Americas: Given new Congress, Obama may rely on regulation, not legislation: API CEO

p>With Republicans now in control of the US House of Representatives and a narrower Democratic majority in the US Senate owing to the midterm elections, the administration of President Barack Obama is likely to rely more heavily on executive and regulatory powers to move its ...

Focus sees profit on rebound in ad income

Focus Media Holdings said it returned to profit in the second quarter after advertising income rebounded with the recovery in the economy. Its revenue jumped 22 percent from a year ago to US$158.2 million, the Shanghai-based digital advertising group said in a statement yesterday...

Asia Pacific drives global broadband rise

The number of fixed broadband subscribers globally rose 10 percent annually in the second quarter to 449 million, fueled by the growth in Asia Pacific where China accounted for more than half of the region's total, a United States-based research firm said Tuesday. Chinese ...

Asia: Australia gives environmental approval for Prelude FLNG

p>Australia's federal environment minister Tony Burke Friday approved Shell's Prelude project, putting the proposed development firmly on track to become the world's first floating LNG facility. Shell is currently in the front-end engineering and design phase for a floating LNG ...

Apple's value tops 300 bln USD

Apple Inc.'s market valuation has reached 300 billion U.S. dollars, according to San Francisco Chronicle on Tuesday. Apple shares rose 2.32% in Monday trading, which means that the company's market valuation has topped 300 billion U.S. dollars, only behind two oil giants ...

Europe: IEA's Jones says OPEC reacting fast enough to high prices

p>A senior official from the International Energy Agency said Friday he was pleased that OPEC member countries were reacting fast enough to current high prices by boosting production unofficially. But Richard Jones, deputy director of the industrialized world's energy watchdog, ...

China: SHFE adds 20,000-cu-m delivery storage for fuel oil futures in E. China's Zhejiang

Shanghai Futures Exchange (SHFE) has lately added 20,000 cu m of delivery stock in East China's Zhejiang Offshore Petroleum Storage Co for fuel oil futures, according to market sources. The news was confirmed by a source with Zhejiang Offshore Petroleum Storage, a subsidiary of ...

More international cooperation expected in CCS technology

Experts are calling for more cooperation between China and other nations in developing carbon capture and storage (CCS) technologies as institutions from the United Kingdom prepare to announce at the Shanghai Expo the launch of a UK CCS research facility. The University of ...

China: PetroChina forecast to hike Dec naphtha ex-refinery price by Yuan 302/mt

PetroChina is anticipated to hike naphtha ex-refinery prices from its subsidiary refineries by Yuan 302/mt to Yuan 5,413/mt this December, according to calculating formula of the oil major. PetroChina has changed its pricing system for naphtha since Sep 1 of 2005 by taking FOB ...

Over 300 registered for Cloud Computing World Forum Asia

Over 300 senior IT decision makers are already registered to attend the Cloud Computing World Forum Asia, taking place on the 17th and 18th November 2010 at The Mira Hotel, Hong Kong. The two day conference has seen a huge amount of interest from IT professionals and business ...

China: Fushun Mining raises shale oil price by 4.31% to Yuan 5,086/mt

Fushun Mining awarded Friday its sell tender for 15,000mt of shale oil at about Yuan 5,086/mt, up Yuan 210/mt or 4.31% from the previous one, according to a source with the refinery. The bidding price went up sharply as bunker blenders shook off negative blending margins on ...

Volvo recalls XC60 vehicles in China

Volvo is recalling 135 units of its XC60 vehicles in China to fix seat problems that could pose safety risks, a statement from China's quality inspection authority said Tuesday. The recall, which is set to begin Tuesday, affects 135 imported XC60 vehicles manufactured between Feb...

Web superbug seeking to access China

A sophisticated malicious computer software, or malware, described by security firms as a "new cyber-weapon," is attempting to infiltrate factory computers in China's pillar industries, threatening the country's national security, cyber experts warned Sunday. Called Stuxnet, the ...

China: Sinopec Gaoqiao Petchem exports fuel oil for first time in Oct; flows into bonded bunker market

Sinopec Gaoqiao Petrochemical started to export fuel oil under processing trade in October, according to a source with the Shanghai branch of Sinopec Fuel Oil Sales. The refinery exported 5,000mt of 380CST fuel oil in the month and would increase the exports to around 10,000mt ...

Report: Chinese auto market growth to drop drastically

After a decade of strong growth, the Chinese market for passenger cars will exceed 11 million units in 2010. According to analysis from Roland Berger Strategy Consultants, private vehicle sales in China will exceed 18 million units by 2015, but growth rates will decline ...

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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