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Asia: Australia's Macarthur Coal defers new mine decision to 2011

Australian coal producer Macarthur Coal, the largest seaborne exporter of pulverized injection material for steel blast furnaces, said Tuesday it will defer a decision on investing in a fourth mine until early next year, having previously expected an update would be ready in ...

Americas: Group of companies to invest up to $2.1 bil in US power, gas T and D

A group of companies Monday said it had formed two investment "alliances" that will invest as much as $2.1 billion in US transmission and distribution assets in the power and natural gas sectors. The companies -- Hunt Power, Japan's Marubeni, John Hancock Life Insurance (USA), ...

Huawei aims to build on patents

Huawei Technologies Co, China's top telecommunications equipment maker, aims to continue building on its strength for innovation and expanding cooperation with worldwide patent holders. Founded in 1988, the Shenzhen-based company has quickly grown into a leading player in the ...

Asia: PetroChina looking to sell stake in Beijing gas pipeline unit

Hong Kong and New York-listed PetroChina has put its 60% stake in Beijing Natural Gas Pipeline Co. up for sale for Yuan 18.87 billion ($2.83 billion), according to a notice published on the China Beijing Equity Exchange Monday. PetroChina is looking to sell its stake to a Chinese ...

China persists in fight against software piracy

China has made remarkable progress in the fight against software piracy during the past few years, but the country still faces an increasing threat from pirated software, according to a US industry organization. The Business Software Alliance (BSA), which represents more than 40 ...

Europe: French LNG inputs rise 26.2% on year as cold hikes gas demand

French liquefied natural gas injections in the week ending Sunday rose by 26.2% year on year to 4,235.1 GWh, as gas demand surged on the back of freezing temperatures, the latest data from gas grid operator GRTgaz showed Monday. LNG injections into the grid were boosted by a rise ...

Americas: US EPA lowering cellulosic fuel target in 2011 RFS2

The US Environmental Protection Agency on Monday said it will require that 13.65 billion gallons of renewable fuel be consumed in the US next year. But the agency lowered its target for cellulosic biofuels to 6 million gallons, a reflection of the slow pace of the industry to ...

Chinese company releases cloud computing platform

Jinan Yinquan Technology Co., Ltd., one of the wholly-owned subsidiaries of China Intelligence Information Systems, Inc. (OTC Bulletin Board: IICN) today releases the first version of its Green2C cloud computing platform: Calm 1.0. IT infrastructures have become increasingly ...

China: Sinopec raises Dec naphtha ex-refinery price by Yuan 280/mt

Sinopec set December naphtha ex-refinery price for its underlying refineries at Yuan 6,120/mt, up Yuan 280/mt from November, a source with the refiner said. Ex-refinery price of naphtha supplied to eastern chemical enterprises by Tahe Refinery would be lifted from Yuan 5,340/mt ...

Host of 3G tablets to tempt consumers

Chinese consumers will soon be able to choose from a host of 3G-capable tablet personal computers, including Apple's iPad, Google Android-based devices and those which support phone functions, when they debut next year in the domestic market, Shanghai Daily learned from a ...

China: PetroChina Jinxi Petchem sets Dec crude throughput target steady at 420,000mt

PetroChina Jinxi Petrochemical plans to consume 420,000mt of crude in December, unchanged with one month ago, a refinery source said. The refinery's 10-mil-mt/yr expansion project was still pending approval from the National Development and Reform Commission, commencement date of ...

China: Sinopec Yanshan Petchem to refine 980,000mt of crude in Dec, nearly stable on month

Sinopec Yanshan Petrochemical scheduled to process 980,000mt of crude in December, roughly stable from one month ago, said a refinery source. As reported previously, in order to raise gasoil production, Yanshan Petrochemical restarted in November a 2.5-mil-mt/yr crude distillate ...

Methanex raises top on US Dec methanol contract to 138 cents/gal

HOUSTON-Methanex raised its December US methanol contract price to 138 cents/gal on Tuesday, surprising market players who were expecting a rollover from November. Methanex's 5 cents/gal hike over its November nomination makes the December contract range of 129-138 cents/gal the ...

Wipro to triple China payroll on booming market

India's third-largest outsourcing company Wipro Ltd said on Wednesday that it will almost triple its payroll in China over the next three to four years, in an effort to increase its presence in the nation's booming IT market. Girish Paranjpe, joint chief executive officer of ...

Asia:NABARD likely to fund foreign farm acquisitions

It would not be far away in time when India would look forward to Africa or Georgia for cereals and pulses with NABARD (National Bank for Agriculture and Rural Development) likely to fund entrepreneurs who are on the lookout for setting up farming estates abroad. According to ...

Hanwang to expand online store

Hanwang Technology Co (Hanvon) will invest heavily to expand its online book store to catch up with the world's market leader Amazon, the company said yesterday. Sales of Hanwang's e-book reader have reached more than 1 million units due to booming sales in Shanghai, Beijing and ...

Ameircas:Canada wheat crops better this year

Wheat crops had a great season of harvest this year in Canada, but reports said it still fell short of expectations. However, the season s crop was much improved than the last season. Cereals specialist for the Ontario Ministry of Agriculture at Stratford, Peter Johnson said that ...

Dangdang bides time before e-book plunge

Dangdang.com, China's biggest online book retailer, is still waiting for a better time to launch e-book services, a branch that may help it catch up with its US counterpart Amazon.com and defend itself in the ever fiercer competition of online bookselling in China. Roger Huang, ...

Asia:Malaysia to form strategic food production alliances

South East Asia s major economy, Malaysia said it looking into forming strategic alliances with other countries for food production. Speaking at a function here Malaysian Prime Minister Najib Tun Razak said under such an arrangement, Malaysia would venture into developing food ...

New PayPal service

PayPal, a subsidiary of eBay, has launched a micro-payment service in China for digital goods, the US-based company said yesterday. The deal covers games, news, music and video content, as well as related services. PayPal's small amount payment service, for purchases under US$16, ...

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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