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Acer has big plans for Chongqing

Acer Inc will invest $150 million in the southwestern city of Chongqing to build its biggest global IT manufacturing center and set up its second base in the mainland. "Within three years, China will surpass the US to become the world's biggest computer market," said Acer Chief ...

China: Coker run rate in Shandong independent refineries edges up to 62.6% this week

Coker run rate in Shandong independent refineries went up slightly by 1.5 percentage points to 62.6% this week, a survey found. Shandong Hi-tech Chemical Group restarted its 400,000mt/yr coker on Nov 18 and saw petcoke output on Nov 24. Current petcoke output from the refinery ...

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 builds national IPTV network

China has built a national platform network for online television program broadcasts, according to a statement released Thursday by the State Administration of Radio, Film and Television. The platform for Internet Protocol Television (IPTV) services is divided into two tiers, ...

China: Shandong Jincheng Petchem schedules shutdown maintenance in late Nov

Shandong Jincheng Petrochemical Co Ltd set to shut down the entire refinery for maintenance in late November, a company source said, without revealing the specific timetable for resumption. The company would close a 1.5-mil-mt/yr crude distillation unit, an 800,000 mt/yr fluid ...

China: Japan's leading base oil supplier to release 800mt of spot cargoes to China in Dec

Japan's top base oil supplier set to send 800mt of base oil to China's spot market in December, a source with the refiner said. The cargoes would include high-viscosity grades only, offered at US$20-25/mt higher than November, he introduced. The volume was relatively small as the ...

China: Taiwan Shell CPC to supply below 2,000mt of base oils to Mainland China in Dec

Taiwan's Shell CPC would supply below 2,000mt of base oils to Mainland China's spot market in December, revealed a company source. These cargoes would mainly include 70P and 250SN, he introduced. 70P resources sold well in the Mainland in November, mainly because most lubricant ...

China Unicom's 3GS price cut

China Unicom, which has been having difficulty meeting demand for Apple Inc's iPhone 4, slashed the price of the iPhone 3GS by 20 percent on Friday. It's a move that analysts said may divert consumers' demand for the iPhone 4, and attract more users to the third-generation (3G) ...

Asia: India's BPCL postpones validity of buy tender for term refrigerated LPG

India's Bharat Petroleum Corp Ltd deferred validity date of its buy tender for term refrigerated LPG from Nov 30 to Dec 7, traders said. BPCL issued the tender in mid-November to seek 10,000mt per month of refrigerated LPG at a 40:60 ratio for delivery in 2011. The tender closed ...

Tablet PC market to see 300% increase

China's tablet PC market will experience growth of more than 300 percent growth, which will dramatically affect the traditional PC market, and low-tier cities and rural areas are going to become the key drivers of China's PC market in 2011, according to IT market research firm ...

Asia:Lower global wheat output not to affect domestic availability

Lower global production of wheat in 2010-11 will not affect domestic availability of wheat, according to Prof K V Thomas, India Minister of State for Agriculture. International Grains Council, in its Grain Market Report dated 28.10.2010, has projected global wheat production ...

Asia: Australia's Woodside on track for Browse LNG decision by mid-2012

The Woodside Petroleum-operated Browse LNG project in Western Australia remains on track to enter the front-end engineering and design phase in early 2011, leading to a final investment decision by mid-2012, the company said Tuesday. The project timetable was stipulated by the ...

iPhone 3 in Santa's sleigh

China Unicom, Apple's Chinese partner, plans to offer discounts for the last-gener-ation iPhone 3GS, as it tries to bolster sales despite the iPhone 4 craze. China Unicom will start the promotion nationwide on Christmas Day, Wen Baoqiu, spokesman for the telecom carrier, told the ...

Middle East:WikiLeaks says Iran-Pak gas pipeline unlikely

India can heave a sigh of relief if WikiLeaks report about Iran-Pakistan gas pipeline is true. According to the text of an American diplomatic cable released by the controversial WikiLeaks, the ambitious gas pipeline planned without initial planner India is unlikely to be a ...

Interview: China is incredibly important to success of global consumer electronics industry: U.S. expert (3)

Shapiro was also optimistic with the prospect of the consumer electronics industry. After a down year in 2009, the consumer electronics industry grew 13 percent last year and is expected to grow an additional 10 percent this year to 964 billion dollars, thanks in large part to ...

How to be cooler than cool

To gadget-hungry Chinese, Nokia's smartphone may not be as "cool" as Apple's iPhone, but the Finland-based tech giant's creative marketing is no doubt turning heads. In November, Nokia, in partnership with Chinese portal Sohu.com, posted eight videos on the web that show off the ...

Fund aims to invest in mobile Internet

The9 Ltd and three investors will set up a US$100 million fund to invest in the mobile Internet market in a bid to copy Apple's online store business model. The9 and the three investors - ChinaRock Capital Management, Chengwei Ventures, and China Renaissance K2 - will create the ...

Europe:Oil demand s triumphant return

Lost in the shuffle of the European debt woes, a second round of quantitative easing and gold s record run has been the resurgence in global demand for oil. Global oil demand is strong; in fact, it has never been stronger. Oil demand during the third quarter of this year was up 3...

MGM restructuring becomes effective, new owners step in

Metro-Goldwyn-Mayer Inc. (MGM) said its reorganization plan became effective Monday after the badly needed 500 million U.S. dollars to lift it out of bankruptcy had been secured. The Hollywood studio, founded in 1924, announced that Gary Barber and Roger Birnbaum, the heads of ...

China telecom sector up 6.6% in main business revenue

China's telecom industry reported 819.03 billion yuan (122.98 billion U.S. dollars) in main business revenue for the first 11 months, up 6.6 percent year on year, the Ministry of Industry and Information Technology (MIIT) announced Tuesday. The MIIT released subscriber data that ...

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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